Marsico Capital Management LLC Increases Stock Position in DoorDash, Inc. $DASH

Marsico Capital Management LLC grew its stake in shares of DoorDash, Inc. (NASDAQ:DASH) by 3,551.5% during the fourth quarter, HoldingsChannel.com reports. The fund owned 49,953 shares of the company’s stock after buying an additional 48,585 shares during the quarter. Marsico Capital Management LLC’s holdings in DoorDash were worth $11,313,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the stock. Eastern Bank boosted its holdings in shares of DoorDash by 714.3% in the fourth quarter. Eastern Bank now owns 114 shares of the company’s stock worth $26,000 after buying an additional 100 shares during the last quarter. Sunbelt Securities Inc. grew its position in shares of DoorDash by 124.1% during the 3rd quarter. Sunbelt Securities Inc. now owns 121 shares of the company’s stock valued at $33,000 after acquiring an additional 67 shares during the period. ST Germain D J Co. Inc. bought a new stake in DoorDash during the fourth quarter valued at about $29,000. Morse Asset Management Inc bought a new stake in DoorDash during the third quarter valued at about $36,000. Finally, Rossby Financial LCC grew its holdings in DoorDash by 127.8% during the third quarter. Rossby Financial LCC now owns 164 shares of the company’s stock valued at $44,000 after purchasing an additional 92 shares during the period. Hedge funds and other institutional investors own 90.64% of the company’s stock.

Insider Buying and Selling at DoorDash

In related news, COO Prabir Adarkar sold 21,739 shares of the stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $155.25, for a total value of $3,374,979.75. Following the transaction, the chief operating officer owned 959,076 shares in the company, valued at approximately $148,896,549. This represents a 2.22% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Tia Sherringham sold 2,743 shares of the 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 completion of the transaction, the general counsel owned 128,216 shares in the company, valued at approximately $20,615,850.64. This trade represents a 2.09% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 68,558 shares of company stock worth $10,914,640 in the last 90 days. Corporate insiders own 5.83% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have weighed in on DASH shares. Piper Sandler lowered their price target on shares of DoorDash from $220.00 to $205.00 and set a “neutral” rating on the stock in a report on Thursday, May 7th. Morgan Stanley reiterated an “overweight” rating and set a $275.00 price objective on shares of DoorDash in a research report on Thursday, February 19th. Mizuho reduced their price target on shares of DoorDash from $320.00 to $255.00 and set an “outperform” rating on the stock in a research report on Tuesday, March 3rd. UBS Group boosted their price objective on shares of DoorDash from $206.00 to $214.00 and gave the company a “neutral” rating in a research report on Thursday, May 7th. Finally, Roth Mkm reiterated a “neutral” rating and set a $200.00 price objective on shares of DoorDash in a research report on Thursday, February 19th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $257.64.

DoorDash Stock Up 2.4%

NASDAQ:DASH opened at $154.59 on Friday. DoorDash, Inc. has a 1-year low of $143.30 and a 1-year high of $285.50. The company has a 50-day moving average of $162.74 and a 200 day moving average of $184.41. The firm has a market cap of $67.36 billion, a PE ratio of 73.61 and a beta of 1.83. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.43 and a quick ratio of 1.43.

DoorDash (NASDAQ:DASH) last released 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 company had revenue of $4.04 billion during the quarter, compared to analyst estimates of $4.15 billion. During the same period in the prior year, the firm earned $0.44 earnings per share. The firm’s revenue for the quarter was up 33.1% compared to the same quarter last year. As a group, research analysts anticipate that DoorDash, Inc. will post 2.45 EPS for the current fiscal year.

DoorDash News Roundup

Here are the key news stories impacting DoorDash this week:

• 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

About DoorDash

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.