Mitsubishi UFJ Asset Management Co. Ltd. Has $219.28 Million Stock Position in DoorDash, Inc. $DASH

Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in shares of DoorDash, Inc. (NASDAQ:DASH) by 7.1% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 806,191 shares of the company’s stock after acquiring an additional 53,722 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd. owned approximately 0.19% of DoorDash worth $219,276,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in DASH. Vanguard Group Inc. boosted its holdings in DoorDash by 3.7% during the third quarter. Vanguard Group Inc. now owns 42,712,908 shares of the company’s stock worth $11,617,484,000 after purchasing an additional 1,522,823 shares during the last quarter. State Street Corp lifted its position 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 in the last quarter. Geode Capital Management LLC boosted its stake in shares of DoorDash by 2.9% during the 2nd 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 last quarter. Invesco Ltd. grew its holdings in shares of DoorDash by 12.0% in the 2nd quarter. Invesco Ltd. now owns 5,375,480 shares of the company’s stock valued at $1,325,110,000 after acquiring an additional 575,629 shares in the last quarter. Finally, Norges Bank acquired a new stake in shares of DoorDash in the second quarter valued at about $1,185,576,000. Institutional investors own 90.64% of the company’s stock.

DoorDash Trading Up 4.2%

DASH stock opened at $180.41 on Friday. DoorDash, Inc. has a one year low of $155.40 and a one year high of $285.50. The stock has a market cap of $77.76 billion, a price-to-earnings ratio of 85.10 and a beta of 1.77. The company has a fifty day moving average price of $203.18 and a two-hundred day moving average price of $228.77. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.41 and a quick ratio of 1.41.

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

Key DoorDash News

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Analysts continue to call DoorDash a core holding for internet investors, highlighting durable market share, strong consumer engagement and long-term monetization opportunities—supporting investor confidence. Why analysts see DoorDash as a ‘core holding’ for internet investors
• Positive Sentiment: Integration with Google’s Gemini (natural-language task automation) that can now order rides and DoorDash meals may increase ordering convenience and conversion over time—a constructive product-level catalyst. Gemini Can Now Book You an Uber or Order a DoorDash Meal on Your Phone. Here’s How It Works
• Positive Sentiment: DoorDash’s push into restaurant reservations (competing with Resy/OpenTable) represents a new engagement and revenue vector if it can monetize bookings and deepen restaurant relationships. Restaurant reservation wars heat up as DoorDash enters the arena with Resy, OpenTable
• Neutral Sentiment: Consumer lifestyle coverage (e.g., date-night features) keeps the brand visible but is unlikely to move near-term fundamentals. Spending date night at home? DoorDash has couples covered for a romantic night to remember
• Negative Sentiment: DoorDash announced it will wind down Deliveroo/Wolt operations in Qatar, Singapore, Japan and Uzbekistan to refocus on core markets. While this should cut losses in weak markets, it removes near‑term revenue and raised concerns about international execution—a clear reason for the stock’s volatility. DoorDash to Wind Down Deliveroo and Wolt Operations in Four Countries DoorDash exits 4 markets, including Japan, to focus on growth elsewhere DoorDash to Wind Down Deliveroo, Wolt Operations in Four Countries
• Negative Sentiment: An analyst downgrade after the exits caused shares to gap down earlier in the week, amplifying intraday volatility and prompting technical-sellers to step in. DoorDash (NASDAQ:DASH) Shares Gap Down Following Analyst Downgrade
• Negative Sentiment: Technical analysts flagged downside risk after the stock broke key levels amid the market exits—short-term technical pressure could add to selling if momentum weakens. DoorDash stock: technicals point to a dive as it exits key markets

Insider Activity

In other news, COO Prabir Adarkar sold 15,000 shares of the stock in a transaction that occurred on Tuesday, January 20th. The stock was sold at an average price of $204.59, for a total transaction of $3,068,850.00. Following the transaction, the chief operating officer owned 874,130 shares in the company, valued at approximately $178,838,256.70. This trade represents a 1.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Tony Xu sold 16,667 shares of DoorDash stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $230.00, for a total value of $3,833,410.00. Following the sale, the chief executive officer directly owned 1,500 shares of the company’s stock, valued at approximately $345,000. The trade was a 91.74% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 291,236 shares of company stock valued at $63,380,925. Company insiders own 5.83% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently commented on DASH. Roth Mkm reissued a “neutral” rating and set a $200.00 price target on shares of DoorDash in a research report on Thursday, February 19th. Needham & Company LLC cut their price objective on DoorDash from $275.00 to $265.00 and set a “buy” rating for the company in a report on Thursday, February 19th. Bank of America raised their target price on shares of DoorDash from $260.00 to $272.00 and gave the company a “buy” rating in a research note on Thursday, February 19th. BTIG Research reaffirmed a “buy” rating and set a $315.00 price target on shares of DoorDash in a research report on Thursday, November 6th. Finally, KeyCorp lifted their price objective on shares of DoorDash from $275.00 to $280.00 and gave the company an “overweight” rating in a research report on Thursday, February 19th. One analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $264.74.

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.