DoorDash, Inc. $DASH Position Lessened by Teacher Retirement System of Texas

Teacher Retirement System of Texas reduced its stake in shares of DoorDash, Inc. (NASDAQ:DASH) by 11.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 55,372 shares of the company’s stock after selling 7,420 shares during the quarter. Teacher Retirement System of Texas’ holdings in DoorDash were worth $15,061,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in DASH. Norges Bank bought a new stake in DoorDash in the second quarter valued at $1,185,576,000. Vanguard Group Inc. increased 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 worth $10,153,768,000 after acquiring an additional 1,792,799 shares during the period. Scge Management L.P. bought a new stake in DoorDash in the 2nd quarter valued at about $267,463,000. Ninety One UK Ltd acquired a new position in DoorDash during the 3rd quarter valued at about $259,154,000. Finally, AQR Capital Management LLC boosted its stake in DoorDash by 43.5% during the 2nd quarter. AQR Capital Management LLC now owns 2,633,971 shares of the company’s stock valued at $643,084,000 after purchasing an additional 797,849 shares during the period. 90.64% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Stanley Tang sold 45,410 shares of DoorDash stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $205.07, for a total value of $9,312,228.70. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Andy Fang sold 30,000 shares of the business’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $244.39, for a total transaction of $7,331,700.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 632,885 shares of company stock valued at $133,222,817 over the last quarter. Insiders own 5.83% of the company’s stock.

Key Stories Impacting DoorDash

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: DoorDash says it applied AI across chat and calls to detect and defuse unsafe interactions, cutting reported incidents by ~50% — a meaningful operational improvement that can reduce liability, lower driver churn and improve marketplace trust. DoorDash Applies AI to Safety Across Chat and Calls, Cutting Incidents by 50%
• Positive Sentiment: Hibbett launched on DoorDash nationwide, expanding DoorDash’s retail assortment beyond food and groceries — a distribution win that supports revenue diversification and incremental GMV. Hibbett Launches on DoorDash
• Neutral Sentiment: Severe weather coverage warns consumers/drivers to avoid driving during a D-FW winter storm — a temporary drop in delivery activity in affected regions but not a company-specific structural issue. Should you Uber, Lyft, Doordash during D-FW winter storm?
• Negative Sentiment: A federal judge rejected DoorDash and Uber’s bid to block New York City’s tipping rules and related mandates (including a required 10% tip prompt) — a legal setback that increases the chance of changes that could boost customer tips but pressure platform commissions and take-rates in a major market. Judge rejects DoorDash, Uber bid to block NYC tipping laws Doordash, Uber fail to stop NYC law requiring 10% tip prompt
• Negative Sentiment: COO Prabir Adarkar sold 15,000 shares (~1.7% reduction of his recent position) — an insider sale that can weigh on sentiment even though his remaining stake remains large. SEC filing and coverage noted the trade. DoorDash COO Prabir Adarkar Sells 15,000 Shares
• Negative Sentiment: KeyCorp cut its price target to $275 — a downward analyst revision that can temper buy-side enthusiasm and price momentum. KeyCorp Lowers DoorDash Price Target
• Negative Sentiment: Recent reports of assaults and a knife threat against DoorDash drivers highlight ongoing safety risks that tie back to liability, insurance and retention costs despite the company’s AI safety push. Police look for man accused of flashing a knife at a DoorDash driver DoorDash driver reports armed robbery during delivery

Analyst Upgrades and Downgrades

DASH has been the topic of several analyst reports. UBS Group upgraded shares of DoorDash from a “buy” rating to a “mixed” rating in a research note on Tuesday. Truist Financial increased their price objective on DoorDash from $326.00 to $340.00 and gave the stock a “buy” rating in a report on Thursday, October 23rd. Needham & Company LLC lowered their target price on DoorDash from $300.00 to $275.00 and set a “buy” rating on the stock in a research report on Friday, November 14th. Exane BNP Paribas raised DoorDash to a “strong-buy” rating in a research note on Wednesday, January 14th. Finally, Wells Fargo & Company increased their price target on DoorDash from $239.00 to $251.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 8th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, DoorDash presently has an average rating of “Moderate Buy” and an average target price of $281.26.

DoorDash Stock Performance

DASH opened at $207.23 on Friday. The business has a 50 day moving average price of $217.08 and a two-hundred day moving average price of $239.17. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.04 and a quick ratio of 2.04. The company has a market capitalization of $89.32 billion, a price-to-earnings ratio of 105.19 and a beta of 1.70. DoorDash, Inc. has a 1-year low of $155.40 and a 1-year high of $285.50.

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

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.