Yahoo Finance DoorDash Inc (DASH) Chief Business Officer Keith Yandell Sells 12,088 Shares
Keith Yandell, the Chief Business Officer of DoorDash Inc (NASDAQ:DASH), sold 12,088 shares of the company on June 5, 2024. The transaction was reported in a recent SEC Filing. Following this sale, the insider now owns 161,651 shares of DoorDash Inc.
DoorDash Inc operates a logistics platform that connects merchants, consumers, and dashers in the United States and internationally. The platform empowers local businesses by offering delivery and other services which help them reach new customers, increase sales, and grow their businesses.
Over the past year, Keith Yandell has sold a total of 79,842 shares of DoorDash Inc and has not purchased any shares. This recent transaction is part of a broader trend where there have been 104 insider sells and no insider buys over the last year at DoorDash Inc.
Shares of DoorDash Inc were trading at $111.84 on the day of the transaction. The company has a market cap of approximately $46.32 billion. According to the GF Value, the stock is considered Fairly Valued with a price-to-GF-Value ratio of 0.99.
The GF Value of $112.63 is derived from historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also includes adjustments based on past returns and growth, and future business performance estimates from analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
This article first appeared on GuruFocus.
