Still sells DoorDash (DASH) shares worth $15,371

Director Ashley Still sold 63 shares of DoorDash, Inc. (NASDAQ:DASH) Class A Common Stock on September 3, 2025, at a price of $243.99, totaling $15,371. The sale comes as DoorDash stock has delivered an impressive 96.9% return over the past year, with the company now commanding a market capitalization of $104.8 billion.

Following the transaction, Still directly owns 2,541 shares of the company’s Class A Common Stock. She also indirectly owns 3,849 shares through The Still Family Trust U/A DTD 08/18/2008, for which she serves as co-trustee. According to InvestingPro analysis, DoorDash appears overvalued at current levels, despite maintaining strong financial health with a current ratio of 2.07 and more cash than debt on its balance sheet.

The sale was executed under a Rule 10b5-1 trading plan adopted on November 25, 2024. Discover more insights about DoorDash’s valuation and growth prospects with InvestingPro, which offers 17+ additional exclusive tips and comprehensive financial analysis.

In other recent news, DoorDash’s earnings and revenue updates were not specified, but the company is making strategic moves to potentially enhance its financial standing. The European Union is set to review DoorDash’s planned $3.9 billion acquisition of Deliveroo under its simplified merger procedure, a deal that values Deliveroo at approximately $3.92 billion. This merger could significantly impact DoorDash’s operations in the food delivery market. Additionally, DoorDash’s stock rating has been reiterated at Market Outperform by JMP, with a price target of $335, highlighting the potential impact of autonomous delivery technology on its operations.

In partnership news, DoorDash has teamed up with Ace Pickleball Club to provide on-demand delivery services at club locations across the United States. This agreement establishes DoorDash as the "Official On-Demand Delivery & Pickup Platform" for the club. Furthermore, DoorDash has collaborated with McDonald’s USA to launch a new online ordering system, allowing customers to order McDonald’s delivery directly through the restaurant’s website. This service aims to streamline the ordering process with flexible payment options.

DoorDash is also expanding its partnership with RELEX Solutions to optimize inventory management across its DashMart fulfillment centers. This expansion builds upon the forecasting and replenishment capabilities initially implemented in 2022 and will deploy additional AI-driven supply chain optimization tools. These recent developments showcase DoorDash’s efforts to enhance its market presence and operational efficiency.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.