On June 5, 2024, Keith Yandell, the Chief Business Officer of DoorDash Inc (NASDAQ: DASH), sold 12,088 shares of the company as reported in a recent SEC filing. Following this sale, Yandell now owns 161,651 shares of DoorDash Inc. DoorDash operates a logistics platform that connects merchants, consumers, and dashers in the United States and internationally. The platform helps local businesses by providing delivery and other services to 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 with 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, with 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, along with adjustments based on past returns, growth, and future business performance estimates from analysts. This article provides general insights and is not tailored financial advice. The analysis is based on historical data and analyst projections, using an impartial methodology and is not intended as specific investment guidance. It does not recommend buying or selling any stock and does not consider individual investment objectives or financial circumstances. The objective is to deliver long-term, fundamental data-driven analysis. Please note that the analysis may not include the most recent, price-sensitive company announcements or qualitative information. GuruFocus has no position in the stocks mentioned in this article.