2,574 Shares in DoorDash, Inc. $DASH Bought by GRIMES & Co WEALTH MANAGEMENT LLC

GRIMES & Co WEALTH MANAGEMENT LLC purchased a new stake in DoorDash, Inc. (NASDAQ:DASH) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 2,574 shares of the company’s stock, valued at approximately $700,000.

Several other hedge funds also recently made changes to their positions in DASH. Vanguard Group Inc. lifted its holdings in shares of DoorDash by 4.6% in the 2nd quarter. Vanguard Group Inc. now owns 41,190,085 shares of the company’s stock valued at $10,153,768,000 after purchasing an additional 1,792,799 shares during the last quarter. State Street Corp grew its stake in DoorDash by 3.1% during the 2nd quarter. State Street Corp now owns 14,387,499 shares of the company’s stock worth $3,546,662,000 after buying an additional 427,722 shares during the last quarter. Geode Capital Management LLC increased its position in DoorDash by 2.9% during the second quarter. Geode Capital Management LLC now owns 7,951,230 shares of the company’s stock worth $1,950,711,000 after buying an additional 223,188 shares during the period. Invesco Ltd. lifted its stake in DoorDash by 12.0% in the second quarter. Invesco Ltd. now owns 5,375,480 shares of the company’s stock valued at $1,325,110,000 after buying an additional 575,629 shares during the last quarter. Finally, Norges Bank purchased a new stake in DoorDash in the second quarter valued at approximately $1,185,576,000. Hedge funds and other institutional investors own 90.64% of the company’s stock.

Insider Transactions at DoorDash

In other news, COO Prabir Adarkar sold 30,000 shares of the company’s stock in a transaction on Monday, December 22nd. The shares were sold at an average price of $234.57, for a total transaction of $7,037,100.00. Following the transaction, the chief operating officer directly owned 874,130 shares of the company’s stock, valued at $205,044,674.10. This represents a 3.32% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Andy Fang sold 30,000 shares of the stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $244.39, for a total transaction of $7,331,700.00. The SEC filing for this sale provides additional information. Insiders have sold a total of 618,293 shares of company stock valued at $130,311,170 in the last three months. Insiders own 5.83% of the company’s stock.

DoorDash Price Performance

Shares of DASH opened at $217.40 on Wednesday. The company has a current ratio of 2.04, a quick ratio of 2.04 and a debt-to-equity ratio of 0.29. The stock’s 50 day moving average is $216.71 and its two-hundred day moving average is $241.05. DoorDash, Inc. has a twelve month low of $155.40 and a twelve month high of $285.50. The firm has a market capitalization of $93.70 billion, a PE ratio of 110.36 and a beta of 1.70.

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

Analysts Set New Price Targets

DASH has been the topic of a number of research reports. Benchmark raised their target price on shares of DoorDash from $315.00 to $320.00 and gave the stock a “buy” rating in a research report on Tuesday, November 4th. Wolfe Research set a $270.00 price target on shares of DoorDash in a research note on Monday, January 5th. Argus dropped their price objective on shares of DoorDash from $275.00 to $260.00 and set a “buy” rating on the stock in a research note on Friday, December 12th. Guggenheim reaffirmed a “buy” rating and issued a $280.00 target price on shares of DoorDash in a report on Wednesday, November 19th. Finally, Wedbush increased their target price on shares of DoorDash from $260.00 to $270.00 and gave the stock an “outperform” rating in a research note on Friday, December 19th. One analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, DoorDash currently has a consensus rating of “Moderate Buy” and an average price target of $277.94.

DoorDash News Summary

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Venture/tech execution — DoorDash describes how it scaled operations without a costly ERP overhaul, highlighting technology and cost discipline that can support margins and long-term unit economics. How DoorDash scaled without a costly ERP overhaul
• Positive Sentiment: Brand & demand boost — High-visibility placements (Golden Globes food available on DoorDash) help drive orders and consumer awareness, a modest positive for topline growth. Golden Globes Food Stuns Fans As It’s Revealed You Can Order It On DoorDash
• Positive Sentiment: Service resilience / PR moment — Local news of a Covington police officer delivering an order after a DoorDash driver crashed underscores service continuity and community goodwill, small but favorable for brand perception. Covington police officer delivers order after DoorDash driver gets into wreck
• Neutral Sentiment: Short-interest reporting anomaly — Data shows a purported large short-interest increase but the published numbers read as 0 shares (likely a reporting/data error). This appears informational only unless confirmed by exchanges.
• Neutral Sentiment: Fraud/security incident — DoorDash shut down a driver after an AI deepfake was used as fake proof of delivery, highlighting fraud risk and moderation needs; operationally manageable but worth monitoring for escalation. AI deepfake crosses into food delivery — DoorDash shuts down driver over fake proof
• Negative Sentiment: Regulatory / legal risk — New York City alleges DoorDash and Uber Eats erased roughly $550M in delivery worker tips, a major claim that could trigger fines, remediation costs, and sustained regulatory scrutiny. DoorDash, Uber Eats erased $550M in delivery worker tips in NYC, Mamdani administration alleges Uber and DoorDash delivery workers missed $550 million worth of tips in New York City, a city report estimates
• Negative Sentiment: Tipping practices scrutiny — Separate report alleges UberEats and DoorDash blocked tipping flows for drivers; ongoing negative publicity and potential policy or legal remedies could increase labor costs or require platform changes. UberEats and DoorDash allegedly blocked tipping for delivery drivers – update
• Negative Sentiment: Safety/operational risk — Coverage of a DoorDash driver killed in a South Nashville shooting raises concerns about driver safety and potential reputational/legal exposure in markets where driver protections are scrutinized. Family still searching for answers after DoorDash driver killed in South Nashville shooting
• Negative Sentiment: Insider selling — Director Shona L. Brown sold 1,250 shares (Form 4 filed), a modest insider sale; typically neutral-to-negative depending on context and follow-up filings. SEC Form 4 — Shona L. Brown

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.