DoorDash (NASDAQ:DASH) Director Stanley Tang Sells 23,125 Shares of Company Stock

Posted by Francis Steltz on Nov 5th, 2026

DoorDash, Inc. (NASDAQ:DASH – Get Free Report) Director Stanley Tang sold 23,125 shares of the company’s stock in a transaction dated Monday, November 2nd. The stock was sold at an average price of $188.71, for a total value of $4,363,918.75. Following the completion of the sale, the director owned 10,361 shares of the company’s stock, valued at approximately $1,955,224.31. The trade was a 69.06% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Stanley Tang also recently made the following trade(s):

On Friday, October 2nd, Stanley Tang sold 23,125 shares of DoorDash stock. The shares were sold at an average price of $186.19, for a total transaction of $4,305,643.75.
On Wednesday, September 2nd, Stanley Tang sold 30,835 shares of DoorDash stock. The shares were sold at an average price of $225.98, for a total transaction of $6,968,093.30.
On Monday, August 24th, Stanley Tang sold 10,134 shares of DoorDash stock. The shares were sold at an average price of $225.00, for a total transaction of $2,280,150.00.
On Friday, August 21st, Stanley Tang sold 72,367 shares of DoorDash stock. The shares were sold at an average price of $225.16, for a total value of $16,294,153.72.
On Friday, August 21st, Stanley Tang sold 9,999 shares of DoorDash stock. The shares were sold at an average price of $225.00, for a total transaction of $2,249,775.00.
On Thursday, August 20th, Stanley Tang sold 2,160 shares of DoorDash stock. The stock was sold at an average price of $220.62, for a total value of $476,539.20.

DoorDash Stock Performance

DoorDash stock opened at $198.59 on Thursday. The firm has a market capitalization of $86.05 billion, a P/E ratio of 82.06 and a beta of 1.98. The company’s 50-day moving average is $195.56 and its 200 day moving average is $182.77. DoorDash, Inc. has a 1-year low of $143.30 and a 1-year high of $241.51. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.46 and a quick ratio of 1.37.

DoorDash (NASDAQ:DASH – Get Free Report) last released its earnings results on Thursday, October 29th. The company reported $1.06 earnings per share for the quarter, topping analysts’ consensus estimates of $0.81 by $0.25. The business had revenue of $4.62 billion for the quarter, compared to analyst estimates of $4.56 billion. DoorDash had a return on equity of 10.40% and a net margin of 6.23%. The business’s revenue was up 34.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.55 earnings per share. Research analysts forecast that DoorDash, Inc. will post 2.68 EPS for the current year.

Hedge Funds Weigh In On DoorDash

A number of hedge funds have recently made changes to their positions in the stock. Keybank National Association OH raised its position in shares of DoorDash by 2,914.8% during the 3rd quarter. Keybank National Association OH now owns 160,962 shares of the company’s stock worth $29,545,000 after purchasing an additional 155,623 shares during the period. New York Life Investment Management LLC lifted its holdings in DoorDash by 391.2% in the 3rd quarter. New York Life Investment Management LLC now owns 259,271 shares of the company’s stock valued at $47,589,000 after acquiring an additional 206,484 shares during the last quarter. 71 West Capital Partners grew its position in DoorDash by 807.9% in the third quarter. 71 West Capital Partners now owns 10,123 shares of the company’s stock worth $1,858,000 after buying an additional 9,008 shares during the last quarter. Nemes Rush Group LLC boosted its position in shares of DoorDash by 18.7% in the 3rd quarter. Nemes Rush Group LLC now owns 1,899 shares of the company’s stock valued at $329,000 after purchasing an additional 299 shares during the period. Finally, Fairscale Capital LLC increased its position in shares of DoorDash by 128.6% in the third quarter. Fairscale Capital LLC now owns 144 shares of the company’s stock worth $25,000 after acquiring an additional 81 shares in the last quarter. Hedge funds and other institutional investors own 90.64% of the company’s stock.

Key DoorDash News

Here are the key news stories impacting DoorDash this week:

Positive Sentiment: Uber reported 22% growth in delivery bookings, lifting delivery and ride-hailing stocks and reinforcing expectations for continued demand in DoorDash’s core marketplace. DoorDash Soars as Uber Reports Delivery Growth
Positive Sentiment: DoorDash’s Q3 results beat estimates, while grocery expansion and the proposed Instacart acquisition offer potential for broader reach and synergies. DASH Q3 Earnings Call Focuses on Instacart Deal and Grocery Expansion
Neutral Sentiment: DoorDash is introducing personalized AI recommendations to help Dashers plan their working hours. The feature may improve delivery planning, though its financial impact is not yet clear. DoorDash Adds Personalized AI Recommendations
Neutral Sentiment: CEO Tony Xu is scheduled to speak at the TomorrowX Summit on November 18; the announcement did not include new business or financial guidance. DoorDash CEO to Participate in TomorrowX Summit
Negative Sentiment: The proposed Instacart deal is drawing attention to DoorDash’s pricing and Dasher pay from the FTC, creating potential regulatory uncertainty around the transaction. FTC Turns to DoorDash Pricing and Dasher Pay
Negative Sentiment: Director Stanley Tang sold 23,125 shares, reducing his holdings by 69%. The sale was made under a pre-arranged Rule 10b5-1 plan, which may temper its significance as a signal. SEC filing for Stanley Tang share sale

Analysts Set New Price Targets

A number of brokerages have recently issued reports on DASH. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of DoorDash from $255.00 to $260.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $250.00 price objective on shares of DoorDash in a research note on Friday, October 30th. BTIG Research reissued a “buy” rating and set a $225.00 price target on shares of DoorDash in a report on Wednesday, October 21st. Zacks Research upgraded shares of DoorDash from a “strong sell” rating to a “hold” rating in a research report on Monday, August 17th. Finally, The Goldman Sachs Group lowered their price objective on DoorDash from $280.00 to $275.00 in a report on Thursday, August 6th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $249.88.

View Our Latest Report on DASH

About DoorDash

(Get Free Report)

DoorDash, Inc (NASDAQ:DASH) operates a local commerce platform that connects consumers with restaurants, grocery stores, convenience retailers and other merchants. Through its website and mobile applications, customers can browse products, place orders for delivery or pickup, and access related services.

The company provides merchants with ordering, delivery, logistics, marketing and payment tools. Its offerings include the DoorDash Marketplace, subscription programs such as DashPass, and delivery infrastructure that merchants can use through services including DoorDash Drive.