DoorDash (NASDAQ:DASH) Hits New 1-Year Low Following Insider Selling

DoorDash, Inc. (NASDAQ:DASH)’s stock price hit a new 52-week low during trading on Thursday after an insider sold shares in the company. The stock traded as low as $150.87 and last traded at $152.92, with a volume of 2911892 shares. The stock had previously closed at $154.73.

Specifically, COO Prabir Adarkar sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, March 23rd. The stock was sold at an average price of $158.97, for a total value of $1,589,700.00. Following the sale, the chief operating officer directly owned 843,678 shares in the company, valued at approximately $134,119,491.66. This represents a 1.17% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Wall Street Analyst Weigh In

DASH has been the subject of several analyst reports. Guggenheim cut their target price on DoorDash from $275.00 to $255.00 and set a “buy” rating for the company in a research report on Thursday, February 19th. Wells Fargo & Company lowered their price target on DoorDash from $251.00 to $221.00 and set an “equal weight” rating on the stock in a research report on Thursday, February 19th. BMO Capital Markets reiterated an “outperform” rating on shares of DoorDash in a research note on Friday, December 12th. Evercore set a $300.00 price objective on DoorDash in a report on Thursday, February 19th. Finally, Piper Sandler restated a “neutral” rating and issued a $220.00 target price (down from $230.00) on shares of DoorDash in a research note on Thursday, February 19th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $262.82.

DoorDash News Roundup

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: DoorDash rolled out an emergency gas-relief program to help Dashers cope with surging pump prices; this supports driver retention and availability during a fuel squeeze, which can help orders and on-road capacity. Article Title
• Positive Sentiment: DoorDash’s push into e-commerce and broader fulfillment is lifting GOV and order growth, a factor analysts cite as upside potential for revenue diversification beyond restaurant delivery. (Analyst note) Article Title
• Positive Sentiment: Local data show more Dashers are delivering by bike in cities like Philadelphia, which can reduce fuel sensitivity, lower delivery costs in dense urban markets and improve margins on certain routes. Article Title
• Neutral Sentiment: Human-interest coverage (nearly $1M raised for a 78‑year‑old Dasher) boosts goodwill and PR but has limited direct financial impact. Article Title
• Neutral Sentiment: Third-party guides and comparisons (ShiftTracker’s DoorDash vs. Uber Eats guide) increase consumer/driver transparency but are unlikely to meaningfully change fundamentals. Article Title
• Negative Sentiment: Two separate shooting incidents/trials involving DoorDash drivers (Chester and Hudson Valley cases) pose reputational and safety concerns; recurring public safety headlines can weigh on consumer perception and highlight driver risk exposure. Article Title Article Title
• Negative Sentiment: COO Prabir Adarkar sold 10,000 shares (~$1.59M) this week; while the remaining ownership is large, the disclosed sale can be perceived negatively by investors focused on insider activity. Article Title
• Neutral Sentiment: Several short-interest reports in the feed appear to show data errors (zero shares reported); they’re unlikely to reflect real market pressure. Investors should watch official FINRA/NYSE short-interest disclosures instead.

DoorDash Stock Performance

The stock has a market cap of $66.43 billion, a price-to-earnings ratio of 72.13 and a beta of 1.82. 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 firm has a fifty day simple moving average of $180.98 and a 200-day simple moving average of $217.92.

DoorDash (NASDAQ:DASH) last released its earnings results on Wednesday, February 18th. The company reported $0.48 EPS for the quarter, missing the consensus estimate of $0.58 by ($0.10). The firm had revenue of $3.96 billion during the quarter, compared to analyst estimates of $3.98 billion. DoorDash had a net margin of 6.82% and a return on equity of 10.15%. The firm’s quarterly revenue was up 37.7% on a year-over-year basis. During the same period last year, the business posted $0.33 earnings per share. Analysts forecast that DoorDash, Inc. will post 2.22 EPS for the current fiscal year.

Hedge Funds Weigh In On DoorDash

Hedge funds have recently added to or reduced their stakes in the company. Resonant Capital Advisors LLC raised its holdings in DoorDash by 3.5% during the 3rd quarter. Resonant Capital Advisors LLC now owns 1,229 shares of the company’s stock worth $334,000 after purchasing an additional 42 shares during the last quarter. Premier Path Wealth Partners LLC boosted its stake in shares of DoorDash by 1.9% in the 3rd quarter. Premier Path Wealth Partners LLC now owns 2,414 shares of the company’s stock valued at $657,000 after purchasing an additional 45 shares during the last quarter. Quotient Wealth Partners LLC boosted its stake in shares of DoorDash by 3.2% in the 3rd quarter. Quotient Wealth Partners LLC now owns 1,537 shares of the company’s stock valued at $418,000 after purchasing an additional 48 shares during the last quarter. Hobart Private Capital LLC grew its position in shares of DoorDash by 2.4% during the 3rd quarter. Hobart Private Capital LLC now owns 2,164 shares of the company’s stock worth $589,000 after buying an additional 50 shares during the period. Finally, SageView Advisory Group LLC grew its position in shares of DoorDash by 3.6% during the 2nd quarter. SageView Advisory Group LLC now owns 1,486 shares of the company’s stock worth $366,000 after buying an additional 51 shares during the period. Institutional investors own 90.64% of the company’s stock.

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.