DoorDash, Inc. $DASH Shares Sold by Stratos Wealth Advisors LLC

Stratos Wealth Advisors LLC trimmed its position in shares of DoorDash, Inc. (NASDAQ:DASH) by 19.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 14,050 shares of the company’s stock after selling 3,286 shares during the quarter. Stratos Wealth Advisors LLC’s holdings in DoorDash were worth $3,821,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Physician Wealth Advisors Inc. grew its holdings in shares of DoorDash by 284.0% during 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 in the last quarter. Sound Income Strategies LLC grew its stake in DoorDash by 2,760.0% during the 3rd quarter. Sound Income Strategies LLC now owns 143 shares of the company’s stock valued at $39,000 after acquiring an additional 138 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC raised its holdings in DoorDash by 74.3% in the 3rd quarter. Annis Gardner Whiting Capital Advisors LLC now owns 176 shares of the company’s stock valued at $48,000 after acquiring an additional 75 shares during the last quarter. Asset Planning Inc acquired a new stake in DoorDash in the 3rd quarter valued at about $50,000. Finally, Concord Wealth Partners purchased a new position in DoorDash in the 3rd quarter worth approximately $50,000. Hedge funds and other institutional investors own 90.64% of the company’s stock.

More DoorDash News

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Reminder of recurring grocery demand and partnership revenue: Coverage of Kroger’s turnaround highlights DoorDash as a continuing last‑mile partner for grocers — a signal that DoorDash can capture recurring, higher‑margin grocery/retail delivery revenue. Read More.
• Positive Sentiment: Fraud enforcement reduces a prior loss source: Sentencing in a $2.5M “phantom orders” scheme and related convictions suggest the company’s anti‑fraud measures and law‑enforcement cooperation are producing outcomes that limit future fraud losses. Read More.
• Neutral Sentiment: Noisy short‑interest data: Feeds show a “large increase” in short interest but published figures are inconsistent/erroneous (zeros/NaN). Until cleaned up, short‑interest reporting is unlikely to be a reliable driver of price action. (internal short‑interest entries)
• Neutral Sentiment: Analyst and earnings previews keep expectations cautious: Zacks flagged DoorDash as lacking the ideal setup for an earnings beat and broader valuation writeups call the stock’s P/E rich after recent weakness — this keeps upside limited until results and guidance land. Read More.
• Negative Sentiment: Insider selling: Director Shona L. Brown sold 1,250 shares (~3.7% reduction in her stake) at about $181 on Feb. 9 — a modest sale but one that can create negative headlines while sentiment is fragile. Read More.
• Negative Sentiment: Fatal hit‑and‑run and resulting lawsuits raise legal/reputational risk: Coverage of a Queens hit‑and‑run involving a DoorDash driver and subsequent family lawsuits could increase potential liability and regulatory scrutiny; such incidents weigh on investor sentiment. Read More.
• Negative Sentiment: Multiple driver incidents and legal claims add operational noise: Recent reports about driver arrests, a tasing incident, and immigration-related fallout increase perceived compliance and oversight costs for the platform. Read More.
• Negative Sentiment: Ongoing litigation headline risk: Multiple lawsuits tied to driver conduct remain pending—these could produce settlements, higher insurance or compliance costs, and continued negative press. Read More.

Insider Activity

In related news, Director Stanley Tang sold 45,410 shares of the firm’s stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $222.53, for a total value of $10,105,087.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Andy Fang sold 30,000 shares of the firm’s stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $222.52, for a total transaction of $6,675,600.00. The SEC filing for this sale provides additional information. Insiders have sold a total of 604,135 shares of company stock valued at $124,509,080 over the last three months. 5.83% of the stock is currently owned by corporate insiders.

DoorDash Stock Down 5.5%

DASH stock opened at $175.47 on Thursday. The firm has a market capitalization of $75.63 billion, a price-to-earnings ratio of 89.07 and a beta of 1.77. The company’s 50 day moving average price is $215.75 and its 200 day moving average price is $235.16. DoorDash, Inc. has a fifty-two week low of $155.40 and a fifty-two week high of $285.50. The company has a debt-to-equity ratio of 0.29, a quick ratio of 2.04 and a current ratio of 2.04.

Analysts Set New Price Targets

Several equities research analysts recently commented on DASH shares. Barclays cut their price target on DoorDash from $272.00 to $238.00 and set an “equal weight” rating for the company in a report on Thursday, November 6th. BMO Capital Markets reissued an “outperform” rating on shares of DoorDash in a report on Friday, December 12th. BNP Paribas Exane initiated coverage on DoorDash in a research report on Wednesday, January 14th. They issued an “outperform” rating and a $280.00 target price on the stock. UBS Group reissued a “neutral” rating and set a $245.00 price objective on shares of DoorDash in a research report on Monday, February 2nd. Finally, Wells Fargo & Company upped their target price on shares of DoorDash from $239.00 to $251.00 and gave the company an “equal weight” rating in a research report on Thursday, January 8th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, DoorDash has a consensus rating of “Moderate Buy” and a consensus price target of $280.24.

About DoorDash

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.