DoorDash Inc (DASH) CFO Ravi Inukonda Sells 7,000 Shares

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Dec 03, 2024
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On November 29, 2024, Ravi Inukonda, the Chief Financial Officer of DoorDash Inc (DASH, Financial), sold 7,000 shares of the company, according to a SEC Filing. Following this transaction, the insider now owns 373,993 shares of the company. DoorDash Inc is a technology company that provides on-demand delivery services. The company connects consumers with local businesses through its platform, enabling them to order food and other items for delivery.

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Over the past year, Ravi Inukonda has sold a total of 99,453 shares and has not purchased any shares. The insider transaction history for DoorDash Inc shows that there have been 0 insider buys and 108 insider sells over the same timeframe.

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On the day of the recent sale, shares of DoorDash Inc were trading at $179.76, giving the stock a market cap of $73.147 billion. The stock's GF Value is estimated at $116.84, resulting in a price-to-GF-Value ratio of 1.54. This indicates that the stock is significantly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also considers a GuruFocus adjustment factor based on the company’s past returns and growth, as well as future estimates of business performance from Morningstar 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.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.