DoorDash Shares Climb 0.23% on Strong Earnings Despite 121st Volume Rank and Insider Sales

On August 15, 2025, DoorDash (DASH) traded with a volume of 0.76 billion shares, ranking 121st in market activity. The stock closed with a 0.23% gain, reflecting modest investor interest despite recent mixed signals.

DoorDash reported second-quarter earnings of $0.65 per share, exceeding expectations and marking a 24.9% year-over-year revenue increase. Analysts from BMO Capital, KeyCorp, and Roth Capital upgraded price targets, with BMO raising its target to $288 and KeyCorp to $325, while others maintained "neutral" or "buy" ratings. A consensus "Moderate Buy" rating is currently supported by 23 buy and 12 hold recommendations.

Insider activity saw CEO Tony Xu sell 4,042 shares at $250.28, reducing his stake by 0.77%, and a director offload 50,000 shares at $275.74, cutting holdings by 68.92%. These sales, part of preplanned Rule 10b5-1 transactions, totaled $147.9 million in insider disposals over 90 days. Institutional investors slightly adjusted holdings, with entities like Gilbert & Cook Inc. and Perigon Wealth Management increasing stakes by 2.6% and 1.3%, respectively.

Recent strategic moves included a multi-year partnership with Ace Pickleball Club and an expanded collaboration with McDonald’s for U.S. online ordering. Additionally, DoorDash enhanced its supply chain via RELEX Solutions and tested drone deliveries through Wing. These developments aim to diversify revenue streams and improve operational efficiency.

The strategy of buying the top 500 stocks by daily trading volume and holding them for one day yielded a $2,550 profit from 2022 to the present. However, the approach faced a maximum drawdown of -15.4% on October 27, 2022, highlighting the strategy’s volatility despite overall gains.