Corient Private Wealth LLC Buys 4,983 Shares of DoorDash, Inc. $DASH

Corient Private Wealth LLC increased its stake in DoorDash, Inc. (NASDAQ:DASH) by 29.8% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 21,693 shares of the company’s stock after buying an additional 4,983 shares during the period. Corient Private Wealth LLC’s holdings in DoorDash were worth $5,348,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in DASH. Brighton Jones LLC grew its stake in shares of DoorDash by 24.0% in the fourth quarter. Brighton Jones LLC now owns 9,336 shares of the company’s stock worth $1,566,000 after acquiring an additional 1,807 shares during the last quarter. Candriam S.C.A. boosted its stake in DoorDash by 14.1% in the 1st quarter. Candriam S.C.A. now owns 24,580 shares of the company’s stock worth $4,492,000 after purchasing an additional 3,045 shares in the last quarter. Compound Planning Inc. boosted its stake in DoorDash by 37.1% in the 1st quarter. Compound Planning Inc. now owns 5,181 shares of the company’s stock worth $947,000 after purchasing an additional 1,403 shares in the last quarter. Allstate Corp grew its position in DoorDash by 42.5% during the 1st quarter. Allstate Corp now owns 12,932 shares of the company’s stock valued at $2,364,000 after purchasing an additional 3,854 shares during the last quarter. Finally, Crescent Park Management L.P. increased its stake in DoorDash by 1.8% during the 1st quarter. Crescent Park Management L.P. now owns 53,098 shares of the company’s stock valued at $9,705,000 after purchasing an additional 914 shares in the last quarter. Institutional investors own 90.64% of the company’s stock.

Key Stores Impacting DoorDash

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: DoorDash launched a grocery-shopping app inside ChatGPT via a partnership with OpenAI, letting users turn recipes into grocery orders and check out on DoorDash — a direct competitive push into Instacart’s turf that could expand grocery GMV and user engagement. DoorDash Brings Grocery Shopping to ChatGPT, Rivaling Instacart
• Positive Sentiment: DoorDash debuted “Zesty,” an AI-powered social/discovery app in SF and NYC aimed at increasing local-restaurant discovery and retention — a user-engagement product that could boost order frequency and monetization over time. DoorDash Launches ‘Zesty,’ an AI App That Helps You Find Local Restaurants
• Positive Sentiment: Holiday promotions — including a “Holiday Gift Rescue” service and a $100K giveaway for delayed packages — are designed to capture last‑minute spend and improve brand perception during peak season, which can lift short‑term order volumes. Delayed Gift? DoorDash Saves the Day with its Holiday Gift Rescue
• Neutral Sentiment: Consumer & lifestyle write-ups highlighting DoorDash as a holiday convenience reinforce brand utility but are unlikely to move fundamentals materially in the near term. Here’s Why DoorDash Is Our Secret Weapon During the Holidays
• Negative Sentiment: Serious safety incidents involving deliveries — including a fatal shooting reportedly linked to a DoorDash order — raise reputational and potential liability concerns that could spur scrutiny and user backlash. Honor student waiting on DoorDash order outside girlfriend’s house shot dead in ‘sickening’ case of mistaken identity, cops say
• Negative Sentiment: Local driver misconduct reports (pepper‑spray incident) add to operational risk and could lead to localized enforcement or higher compliance costs. DoorDash driver accused of pepper spray incident taken to Vanderburgh County Jail
• Negative Sentiment: San Francisco supervisors passed legislation restricting DoorDash’s drone testing, signaling regulatory headwinds for delivery automation and potential limits on a cost-reduction pathway. SF: Supervisors Pass Legislation Restricting Doordash From Testing Delivery Drones

Insider Activity

In related news, CEO Tony Xu sold 16,667 shares of DoorDash stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $230.00, for a total transaction of $3,833,410.00. Following the transaction, the chief executive officer owned 1,500 shares in the company, valued at approximately $345,000. The trade was a 91.74% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Andy Fang sold 25,000 shares of the business’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $204.95, for a total value of $5,123,750.00. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 644,980 shares of company stock worth $143,500,178. 5.83% of the stock is currently owned by insiders.

DoorDash Price Performance

NASDAQ DASH opened at $234.25 on Friday. The business’s fifty day moving average is $227.98 and its 200 day moving average is $240.54. The company has a market capitalization of $100.96 billion, a PE ratio of 118.91 and a beta of 1.72. 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 fifty-two week low of $155.40 and a fifty-two week high of $285.50.

DoorDash (NASDAQ:DASH) last released its earnings results on Wednesday, November 5th. The company reported $0.55 EPS for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.13). DoorDash had a return on equity of 9.97% and a net margin of 6.83%.The firm had revenue of $3.45 billion for the quarter, compared to the consensus estimate of $3.35 billion. During the same quarter in the previous year, the business posted $0.38 EPS. DoorDash’s revenue was up 27.3% on a year-over-year basis. Sell-side analysts predict that DoorDash, Inc. will post 2.22 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. BTIG Research reiterated a “buy” rating and set a $315.00 price target on shares of DoorDash in a report on Thursday, November 6th. Wall Street Zen cut DoorDash from a “buy” rating to a “hold” rating in a research report on Saturday, November 1st. UBS Group cut their target price on DoorDash from $316.00 to $241.00 and set a “neutral” rating on the stock in a research note on Thursday, November 6th. Oppenheimer restated an “outperform” rating and issued a $280.00 price target on shares of DoorDash in a research note on Thursday, November 6th. Finally, Jefferies Financial Group increased their price objective on DoorDash from $260.00 to $270.00 and gave the company a “buy” rating in a research report on Thursday, December 11th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $275.74.

DoorDash 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.