Director Lin Alfred purchased 514,047 shares across 11 transactions totaling $100.3M at blended average $195.07 on Nov 25–26.
Lin Alfred, a DoorDash director, executed 11 separate purchases totaling 514,047 shares for $100,277,150.42 over two consecutive trading days, establishing a material new position in the company. The transactions span a price range from $188.08 to $199.83, with the blended average of $195.07, while the stock currently trades at $198.37—approximately at the level where these purchases occurred. At the time of purchase, the stock was -29.6% from its 52-week high of $281.74 and -25.4% over the prior 30 days, suggesting these acquisitions occurred during a period of notable price decline. The fundamental context shows the company generated $3.4B in quarterly revenue with $244.0M in net income and 24.2% annual revenue growth, though the P/E ratio of 661.23 is exceptionally elevated, reflecting significant market valuation relative to current earnings.