David J Yvars Group lowered its stake in shares of DoorDash, Inc. (NASDAQ:DASH – Free Report) by 64.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,840 shares of the company’s stock after selling 3,340 shares during the quarter. David J Yvars Group’s holdings in DoorDash were worth $417,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors also recently bought and sold shares of DASH. Physician Wealth Advisors Inc. lifted its holdings in DoorDash by 284.0% in the third quarter. Physician Wealth Advisors Inc. now owns 96 shares of the company’s stock worth $26,000 after buying an additional 71 shares during the period. Sunbelt Securities Inc. grew its holdings in shares of DoorDash by 124.1% during the 3rd quarter. Sunbelt Securities Inc. now owns 121 shares of the company’s stock worth $33,000 after acquiring an additional 67 shares during the period. Morse Asset Management Inc bought a new position in shares of DoorDash in the 3rd quarter worth approximately $36,000. Sound Income Strategies LLC raised its position in shares of DoorDash by 2,760.0% in the 3rd quarter. Sound Income Strategies LLC now owns 143 shares of the company’s stock worth $39,000 after acquiring an additional 138 shares in the last quarter. Finally, Rossby Financial LCC lifted its stake in shares of DoorDash by 127.8% in the 3rd 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. 90.64% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
Several equities research analysts recently weighed in on DASH shares. Wolfe Research set a $270.00 price target on DoorDash in a research report on Monday, January 5th. Evercore set a $300.00 price objective on DoorDash in a research report on Thursday, February 19th. Sanford C. Bernstein dropped their target price on shares of DoorDash from $285.00 to $270.00 and set an “outperform” rating on the stock in a report on Thursday, February 19th. BNP Paribas Exane initiated coverage on shares of DoorDash in a research report on Wednesday, January 14th. They issued an “outperform” rating and a $280.00 target price on the stock. Finally, The Goldman Sachs Group set a $267.00 price target on shares of DoorDash in a research note on Monday, February 2nd. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $262.82.
DoorDash Stock Down 3.3%
Shares of NASDAQ:DASH opened at $154.73 on Wednesday. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.27. The stock has a fifty day simple moving average of $182.19 and a two-hundred day simple moving average of $218.38. DoorDash, Inc. has a 12-month low of $153.00 and a 12-month high of $285.50. The stock has a market capitalization of $67.22 billion, a price-to-earnings ratio of 72.99 and a beta of 1.82.
DoorDash (NASDAQ:DASH – Get Free Report) last released its earnings results on Wednesday, February 18th. The company reported $0.48 EPS for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.10). DoorDash had a return on equity of 10.15% and a net margin of 6.82%.The company had revenue of $3.96 billion during the quarter, compared to analysts’ expectations of $3.98 billion. During the same period in the prior year, the company posted $0.33 earnings per share. The company’s revenue was up 37.7% on a year-over-year basis. On average, research analysts anticipate that DoorDash, Inc. will post 2.22 earnings per share for the current fiscal year.
Trending Headlines about DoorDash
Here are the key news stories impacting DoorDash this week:
- Positive Sentiment: DoorDash launched “Tasks,” expanding beyond food delivery into paid local gigs — a potential new revenue stream and way to boost utilization of its courier base. Article Title
- Positive Sentiment: Multiple analyst write-ups note DoorDash is trading near its 52-week low while analysts remain largely bullish — this can attract value-oriented buyers and limit downside if fundamentals hold. Article Title
- Neutral Sentiment: DoorDash announced an emergency gas-relief program (10% cash back on the DoorDash Crimson card plus weekly relief payments for high-mileage Dashers). This helps driver retention/availability but the net impact on margins is unclear short-term. Article Title
- Neutral Sentiment: Reports that DoorDash and peers are tapping gig workers to collect data for AI and store operations point to potential new data assets and product applications, but regulatory and execution risks remain. Article Title
- Neutral Sentiment: Human-interest coverage (a ~78‑year‑old Dasher’s GoFundMe nearing $1M) is positive PR but not material to fundamentals. Article Title
- Negative Sentiment: Surging gas prices (linked to geopolitical developments) are forcing DoorDash to subsidize fuel costs for Dashers; while supporting the gig pool, those relief payments create potential near-term margin pressure. Article Title
- Negative Sentiment: Several short-interest notices claim a “large increase,” but the published figures appear inconsistent/erroneous (zeros/NaN). The noisy/contradictory data can foster uncertainty and short-term selling if investors interpret it as rising bearish pressure.
Insider Buying and Selling
In related news, CEO Tony Xu sold 16,667 shares of the company’s stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $230.00, for a total value of $3,833,410.00. Following the transaction, the chief executive officer owned 1,500 shares in the company, valued at $345,000. The trade was a 91.74% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, COO Prabir Adarkar sold 15,000 shares of the stock in a transaction dated Tuesday, January 20th. The shares were sold at an average price of $204.59, for a total transaction of $3,068,850.00. Following the sale, the chief operating officer directly owned 874,130 shares in the company, valued at $178,838,256.70. This trade represents a 1.69% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 157,317 shares of company stock worth $34,131,231 over the last quarter. 5.83% of the stock is owned by insiders.
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.
Further Reading
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