DoorDash, Inc. $DASH Stock Position Raised by Wedbush Securities Inc.

Wedbush Securities Inc. raised its position in DoorDash, Inc. (NASDAQ:DASH) by 1,001.2% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 22,906 shares of the company’s stock after acquiring an additional 20,826 shares during the quarter. Wedbush Securities Inc.’s holdings in DoorDash were worth $4,204,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. JCP Investment Management LLC acquired a new stake in DoorDash during the 1st quarter worth $991,000. Plato Investment Management Ltd purchased a new stake in DoorDash during the 2nd quarter valued at about $1,024,000. Quantinno Capital Management LP grew its stake in DoorDash by 4.9% during the 1st quarter. Quantinno Capital Management LP now owns 655,095 shares of the company’s stock valued at $98,363,000 after acquiring an additional 30,881 shares in the last quarter. Godsey & Gibb Inc. lifted its stake in DoorDash by 1,510,137.1% in the 3rd quarter. Godsey & Gibb Inc. now owns 528,583 shares of the company’s stock worth $97,021,000 after purchasing an additional 528,548 shares in the last quarter. Finally, Monetta Financial Services Inc. purchased a new position in DoorDash in the 2nd quarter worth approximately $1,015,000. 90.64% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at DoorDash

In other DoorDash news, COO Prabir Adarkar sold 55,289 shares of the business’s stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $231.76, for a total value of $12,813,778.64. Following the sale, the chief operating officer owned 930,211 shares of the company’s stock, valued at $215,585,701.36. The trade was a 5.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Tony Xu sold 29,567 shares of the business’s stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $230.00, for a total value of $6,800,410.00. Following the completion of the sale, the chief executive officer directly owned 1,500 shares in the company, valued at approximately $345,000. The trade was a 95.17% 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. In the last 90 days, insiders sold 393,998 shares of company stock worth $85,861,330. 44.90% of the stock is owned by company insiders.

DoorDash Trading Down 3.5%

DASH stock traded down $6.56 during mid-day trading on Friday, hitting $179.38. 2,702,995 shares of the company were exchanged, compared to its average volume of 3,420,697. The company has a quick ratio of 1.37, a current ratio of 1.37 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $77.73 billion, a P/E ratio of 93.92 and a beta of 1.90. The business has a fifty day simple moving average of $202.18 and a 200-day simple moving average of $185.14. DoorDash, Inc. has a 12-month low of $143.30 and a 12-month high of $269.00.

DoorDash (NASDAQ:DASH) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $0.46 earnings per share for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.01). The company had revenue of $4.45 billion for the quarter, compared to analyst estimates of $4.34 billion. DoorDash had a net margin of 5.29% and a return on equity of 8.48%. DoorDash’s revenue was up 35.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.65 earnings per share. On average, equities research analysts predict that DoorDash, Inc. will post 2.51 earnings per share for the current fiscal year.

Key DoorDash News

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Potential Instacart deal: DoorDash is reportedly among the companies discussing a possible acquisition of Instacart, which is valued at approximately $12 billion. A transaction could strengthen DoorDash’s position in grocery and local commerce, although the report does not indicate that a deal is imminent and any acquisition would carry financing, integration and regulatory risks. Instacart explores potential sale, holds talks with Uber and DoorDash
• Positive Sentiment: Analyst support: BTIG Research assigned DoorDash a Buy rating, providing a positive signal for investor sentiment and reinforcing the view that the company’s local-commerce expansion and growth prospects remain attractive. DoorDash earns Buy rating from BTIG Research
• Neutral Sentiment: Mixed consumer-stock comparison: An investor comparison described Airbnb as having a strong travel-market position while highlighting DoorDash’s rapid revenue growth and expansion beyond restaurant delivery. The article does not provide a new company-specific catalyst. Airbnb vs. DoorDash: Which Consumer Stock Is a Better Buy in 2026?
• Neutral Sentiment: Operational and reputational headlines: Reports described a DoorDash driver being killed in California, another driver and a family member being ambushed, and an unrelated criminal investigation in which cleaning supplies were allegedly ordered through DoorDash. These incidents could increase scrutiny of driver and platform safety, but they currently appear unlikely to materially affect financial results. Arrest made after California DoorDash driver found dead in Tesla trunk
• Negative Sentiment: Increasing competition: A new rival reportedly offers lower menu prices, while Grubhub’s co-founder has returned with a delivery service featuring a $1 fee. Lower pricing and aggressive fee competition could pressure DoorDash’s order volumes, merchant economics and margins. DoorDash and Uber Eats have a new rival offering lower menu prices
• Negative Sentiment: Delivery-worker dissatisfaction: Online debate over $1 and $2 tips highlights ongoing challenges around driver pay and service costs, issues that could affect driver retention, customer satisfaction and platform pricing. DoorDash driver calls low tips pathetic

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on DASH shares. Raymond James Financial restated a “buy” rating on shares of DoorDash in a research report on Thursday, September 3rd. TD Cowen lifted their price objective on DoorDash from $225.00 to $240.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. Weiss Ratings restated a “hold (c)” rating on shares of DoorDash in a report on Friday, August 7th. Roth Capital lifted their price target on DoorDash from $200.00 to $220.00 and gave the stock a “neutral” rating in a report on Monday, August 10th. Finally, JPMorgan Chase & Co. lifted their target price on shares of DoorDash from $250.00 to $262.00 in a research note on Wednesday, August 5th. Two research analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $254.95.

About DoorDash

DoorDash, Inc (NASDAQ:DASH) operates a local commerce platform that connects consumers with restaurants, grocery stores, convenience retailers and other merchants. Through its website and mobile applications, customers can browse products, place orders for delivery or pickup, and access related services.

The company provides merchants with ordering, delivery, logistics, marketing and payment tools. Its offerings include the DoorDash Marketplace, subscription programs such as DashPass, and delivery infrastructure that merchants can use through services including DoorDash Drive.