Xponance LLC raised its stake in DoorDash, Inc. (NASDAQ:DASH – Free Report) by 7.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 92,329 shares of the company’s stock after acquiring an additional 6,371 shares during the period. Xponance LLC’s holdings in DoorDash were worth $20,911,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds have also made changes to their positions in the business. Advisory Resource Group boosted its stake in shares of DoorDash by 43.1% during the fourth quarter. Advisory Resource Group now owns 7,841 shares of the company’s stock worth $1,776,000 after buying an additional 2,360 shares during the period. UniSuper Management Pty Ltd raised its holdings in DoorDash by 3.4% during the fourth quarter. UniSuper Management Pty Ltd now owns 30,703 shares of the company’s stock worth $6,954,000 after purchasing an additional 997 shares in the last quarter. Parnassus Investments LLC raised its holdings in DoorDash by 585.8% during the fourth quarter. Parnassus Investments LLC now owns 44,948 shares of the company’s stock worth $10,180,000 after purchasing an additional 38,394 shares in the last quarter. IFM Investors Pty Ltd raised its holdings in DoorDash by 5.7% during the fourth quarter. IFM Investors Pty Ltd now owns 73,166 shares of the company’s stock worth $16,571,000 after purchasing an additional 3,943 shares in the last quarter. Finally, SmartHarvest Portfolios LLC purchased a new position in DoorDash during the fourth quarter worth about $330,000. Institutional investors and hedge funds own 90.64% of the company’s stock.
Insider Buying and Selling at DoorDash
In other news, Director Stanley Tang sold 21,433 shares of the firm’s stock in a transaction that occurred on Thursday, April 2nd. The shares were sold at an average price of $150.00, for a total transaction of $3,214,950.00. Following the completion of the transaction, the director directly owned 19,279 shares of the company’s stock, valued at $2,891,850. This trade represents a 52.65% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Tia Sherringham sold 2,743 shares of the firm’s stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $160.79, for a total transaction of $441,046.97. Following the transaction, the general counsel directly owned 128,216 shares of the company’s stock, valued at approximately $20,615,850.64. This trade represents a 2.09% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 68,558 shares of company stock valued at $10,914,640. Company insiders own 5.83% of the company’s stock.
Key DoorDash News
- Positive Sentiment: DoorDash launched “Ask DoorDash,” a conversational AI assistant that can turn prompts, recipe links, and photos into meal, grocery, and reservation recommendations, potentially improving user engagement and order conversion. DoorDash’s new AI chatbot lets you order with prompts and photos
- Positive Sentiment: DoorDash expanded AI-powered shopping tools across search and cart-building, signaling continued product innovation that could strengthen its competitive position in delivery and commerce. DoorDash expands AI-powered shopping tools
- Positive Sentiment: DoorDash and NJ TRANSIT announced a sponsorship tied to FIFA World Cup 2026, which could provide incremental brand exposure. NJ TRANSIT and DoorDash announce major sponsorship tied to FIFA World Cup 2026
- Neutral Sentiment: Some coverage framed the AI rollout as a broader “latest AI push,” but the long-term revenue impact is still unclear and will depend on adoption. DoorDash lets customers use photos, prompts to order food and book reservations in latest AI push
Analyst Ratings Changes
DASH has been the subject of several analyst reports. Roth Mkm reissued a “neutral” rating and set a $200.00 price target on shares of DoorDash in a report on Thursday, February 19th. DA Davidson cut their price target on shares of DoorDash from $224.00 to $200.00 and set a “neutral” rating for the company in a report on Thursday, May 7th. Zacks Research raised shares of DoorDash from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 12th. KeyCorp increased their price target on shares of DoorDash from $275.00 to $280.00 and gave the stock an “overweight” rating in a report on Thursday, February 19th. Finally, Rothschild & Co Redburn set a $350.00 price target on shares of DoorDash in a report on Tuesday, May 12th. Two research analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $257.64.
Get Our Latest Stock Analysis on DASH
DoorDash Trading Up 2.4%
Shares of DASH opened at $154.59 on Friday. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.43 and a quick ratio of 1.43. The firm has a 50 day simple moving average of $162.74 and a 200-day simple moving average of $184.41. DoorDash, Inc. has a 1-year low of $143.30 and a 1-year high of $285.50. The stock has a market cap of $67.36 billion, a price-to-earnings ratio of 73.61 and a beta of 1.83.
DoorDash (NASDAQ:DASH – Get Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $0.42 earnings per share for the quarter, topping analysts’ consensus estimates of $0.36 by $0.06. DoorDash had a net margin of 6.29% and a return on equity of 9.58%. The business had revenue of $4.04 billion during the quarter, compared to analysts’ expectations of $4.15 billion. During the same period last year, the company posted $0.44 EPS. The company’s revenue was up 33.1% on a year-over-year basis. Equities analysts forecast that DoorDash, Inc. will post 2.45 EPS for the current fiscal year.
DoorDash Company Profile
DoorDash, Inc operates a technology-driven logistics and food-delivery marketplace that connects consumers, merchants and independent delivery contractors. The company’s core service enables customers to order from local restaurants and retailers through its app and website while DoorDash handles last-mile fulfillment via its network of drivers, known as “Dashers.” Over time the platform has broadened beyond restaurant deliveries to include groceries, convenience items and retail deliveries, positioning DoorDash as a broader on-demand logistics provider for consumer goods.
In addition to its marketplace, DoorDash offers a suite of products and services for consumers and businesses.
See Also
- Five stocks we like better than DoorDash
- Build On a Strong Earnings Season With These 3 ETFs
- Microsoft Just Gave Investors 3 Dates They Can’t Afford to Ignore
- NVIDIA’s Outlook Gains Momentum: Stock Price to Follow
- The World Cup Is Coming—These 3 Stocks Could Cash In
Want to see what other hedge funds are holding DASH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for DoorDash, Inc. (NASDAQ:DASH – Free Report).
Receive News & Ratings for DoorDash Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DoorDash and related companies with MarketBeat.com's FREE daily email newsletter.
