Prospera Financial Services Inc Increases Holdings in DoorDash, Inc. $DASH

Prospera Financial Services Inc increased its stake in DoorDash, Inc. (NASDAQ:DASH) by 1,212.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,603 shares of the company’s stock after acquiring an additional 11,643 shares during the period. Prospera Financial Services Inc’s holdings in DoorDash were worth $3,428,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its stake in shares of DoorDash by 24.0% in the 4th quarter. Brighton Jones LLC now owns 9,336 shares of the company’s stock valued at $1,566,000 after purchasing an additional 1,807 shares during the last quarter. Integrated Wealth Concepts LLC raised its holdings in DoorDash by 21.5% during the 1st quarter. Integrated Wealth Concepts LLC now owns 1,715 shares of the company’s stock valued at $314,000 after buying an additional 303 shares during the period. Empowered Funds LLC lifted its position in DoorDash by 3.6% in the first quarter. Empowered Funds LLC now owns 8,130 shares of the company’s stock worth $1,486,000 after buying an additional 285 shares during the last quarter. Sivia Capital Partners LLC lifted its position in DoorDash by 92.9% in the second quarter. Sivia Capital Partners LLC now owns 4,255 shares of the company’s stock worth $1,049,000 after buying an additional 2,049 shares during the last quarter. Finally, IFP Advisors Inc boosted its stake in DoorDash by 80.2% during the second quarter. IFP Advisors Inc now owns 917 shares of the company’s stock worth $226,000 after buying an additional 408 shares during the period. 90.64% of the stock is owned by institutional investors.

Trending Headlines about DoorDash

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Strategic partnerships cited in sector coverage: a recent MarketBeat piece on Kroger’s turnaround highlights DoorDash as a continuing delivery partner for grocery last-mile fulfillment — a reminder of recurring revenue opportunities from grocery and retail partnerships. Kroger’s New CEO: A Turnaround Play in Aisle 4?
• Positive Sentiment: Enforcement against platform fraud: multiple articles report sentencing for a $2.5M “phantom orders” scam affecting DoorDash — resolution of these schemes reduces ongoing fraud risk and potential losses. Hayward Man Gets Prison In $2.5 Million DoorDash ‘Phantom Orders’ Hustle
• Neutral Sentiment: Short-interest report shown in feeds claims a “large increase” but the published numbers appear inconsistent/erroneous (zeros/NaN). The data point is noisy and likely not a reliable driver of price until clarified. (internal short-interest entries)
• Neutral Sentiment: Analyst/earnings previews: Zacks flagged DoorDash as unlikely to have the optimal mix for an earnings beat in the upcoming report; separate valuation pieces point to a rich P/E after recent weakness — these notes keep investor expectations cautious. DoorDash, Inc. (DASH) Earnings Expected to Grow: Should You Buy?
• Negative Sentiment: Insider selling: Director Shona L. Brown sold 1,250 shares on Feb. 9 at an average ~$181, reducing her stake ~3.7% — insider sales can be read negatively by investors, especially amid other headwinds. SEC Form 4
• Negative Sentiment: Legal and reputational risk from fatal hit-and-run: coverage of a Queens fatal hit-and-run involving a DoorDash driver and subsequent family lawsuits raises potential liability and brand risk. Lawsuits and adverse publicity can pressure the stock. Suspect in fatal Queens hit-and-run of DoorDash driver returned to NYC
• Negative Sentiment: Multiple driver-related incidents and legal claims reported (tasing, arrests, immigration issues) add operational and reputational noise that could spur regulatory scrutiny and higher compliance costs. Examples include driver tasing and felony allegations in separate stories. Driver accused in Polk County burglary
• Negative Sentiment: Ongoing litigation: multiple recent articles note families suing DoorDash after driver-related fatalities; potential legal exposure and settlements remain a risk for near-term investor sentiment. Parents file lawsuit against DoorDash

Insider Activity at DoorDash

In other DoorDash news, COO Prabir Adarkar sold 30,000 shares of DoorDash stock in a transaction on Monday, December 22nd. The stock was sold at an average price of $234.57, for a total transaction of $7,037,100.00. Following the completion of the sale, the chief operating officer directly owned 874,130 shares of the company’s stock, valued at $205,044,674.10. The trade was a 3.32% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Stanley Tang sold 45,410 shares of the company’s stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $222.53, for a total value of $10,105,087.30. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 604,135 shares of company stock worth $124,509,080 over the last three months. Corporate insiders own 5.83% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on DASH shares. Benchmark increased their target price on shares of DoorDash from $315.00 to $320.00 and gave the company a “buy” rating in a research note on Tuesday, November 4th. Royal Bank Of Canada reduced their price objective on shares of DoorDash from $300.00 to $270.00 and set an “outperform” rating on the stock in a research report on Thursday, November 6th. JPMorgan Chase & Co. dropped their target price on DoorDash from $325.00 to $300.00 and set an “overweight” rating for the company in a research report on Thursday, November 6th. DA Davidson reaffirmed a “neutral” rating and set a $260.00 target price on shares of DoorDash in a research note on Thursday, November 6th. Finally, Cantor Fitzgerald increased their price target on DoorDash from $270.00 to $285.00 and gave the stock an “overweight” rating in a report on Thursday, January 8th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $280.24.

DoorDash Stock Performance

Shares of NASDAQ:DASH opened at $175.47 on Thursday. The firm’s 50 day simple moving average is $215.75 and its 200-day simple moving average is $235.16. The company has a debt-to-equity ratio of 0.29, a quick ratio of 2.04 and a current ratio of 2.04. DoorDash, Inc. has a one year low of $155.40 and a one year high of $285.50. The firm has a market cap of $75.63 billion, a PE ratio of 89.07 and a beta of 1.77.

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.