Connors Investor Services Inc. Has $18.57 Million Stock Position in DoorDash, Inc. $DASH

Connors Investor Services Inc. decreased its position in shares of DoorDash, Inc. (NASDAQ:DASH) by 5.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 82,000 shares of the company’s stock after selling 5,000 shares during the period. DoorDash accounts for approximately 1.6% of Connors Investor Services Inc.’s portfolio, making the stock its 19th biggest position. Connors Investor Services Inc.’s holdings in DoorDash were worth $18,571,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Physician Wealth Advisors Inc. boosted its position in DoorDash by 284.0% during the third quarter. Physician Wealth Advisors Inc. now owns 96 shares of the company’s stock valued at $26,000 after purchasing an additional 71 shares during the last quarter. Eastern Bank boosted its position in DoorDash by 714.3% during the fourth quarter. Eastern Bank now owns 114 shares of the company’s stock valued at $26,000 after purchasing an additional 100 shares during the last quarter. ST Germain D J Co. Inc. acquired a new stake in DoorDash during the fourth quarter valued at $29,000. Sunbelt Securities Inc. boosted its position in DoorDash by 124.1% during the third quarter. Sunbelt Securities Inc. now owns 121 shares of the company’s stock valued at $33,000 after purchasing an additional 67 shares during the last quarter. Finally, Morse Asset Management Inc bought a new position in DoorDash during the third quarter valued at about $36,000. Institutional investors and hedge funds own 90.64% of the company’s stock.

Insider Transactions at DoorDash

In other news, Director Shona L. Brown sold 1,250 shares of DoorDash stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $176.61, for a total value of $220,762.50. Following the transaction, the director directly owned 31,002 shares in the company, valued at approximately $5,475,263.22. The trade was a 3.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, COO Prabir Adarkar sold 10,000 shares of DoorDash stock in a transaction dated Monday, April 20th. The stock was sold at an average price of $188.34, for a total value of $1,883,400.00. Following the completion of the transaction, the chief operating officer owned 843,678 shares in the company, valued at $158,898,314.52. The trade was a 1.17% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 42,683 shares of company stock worth $6,908,813. Company insiders own 5.83% of the company’s stock.

DoorDash Trading Up 0.6%

DoorDash stock opened at $160.25 on Friday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.43 and a current ratio of 1.43. The business’s 50-day simple moving average is $162.96 and its 200-day simple moving average is $189.64. The firm has a market capitalization of $69.82 billion, a PE ratio of 76.31 and a beta of 1.87. DoorDash, Inc. has a 52 week low of $143.30 and a 52 week high of $285.50.

DoorDash (NASDAQ:DASH) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.36 by $0.06. The business had revenue of $4.04 billion for the quarter, compared to analyst estimates of $4.15 billion. DoorDash had a return on equity of 9.58% and a net margin of 6.29%.The firm’s revenue for the quarter was up 33.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.44 earnings per share. Equities research analysts forecast that DoorDash, Inc. will post 2.45 earnings per share for the current year.

Analyst Upgrades and Downgrades

DASH has been the topic of several recent research reports. Weiss Ratings upgraded DoorDash from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, May 13th. The Goldman Sachs Group set a $280.00 target price on DoorDash in a report on Thursday, May 7th. Roth Mkm restated a “neutral” rating and set a $200.00 target price on shares of DoorDash in a report on Thursday, February 19th. TD Cowen initiated coverage on DoorDash in a report on Monday, April 27th. They set a “buy” rating and a $225.00 target price on the stock. Finally, Cantor Fitzgerald cut their target price on DoorDash from $285.00 to $230.00 and set an “overweight” rating on the stock in a report on Thursday, February 19th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $259.58.

More DoorDash News

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Reuters reported that Uber and DoorDash have held exploratory talks with investors in Delivery Hero ahead of a possible takeover bid, which could signal strategic expansion opportunities and optionality for DASH shareholders. Uber and DoorDash sound out investors for Delivery Hero bid, FT reports
• Positive Sentiment: Goldman Sachs has reportedly kept DoorDash on its U.S. Conviction List, arguing the company is well positioned for growth into 2026, which may help support investor confidence in the stock. How DoorDash (DASH) Is Turning Platform Growth Into a Conviction-List Case
• Neutral Sentiment: DoorDash increased its lobbying efforts around labor and benefits-related legislation, including spending on a bill that would limit employee benefits for drivers. This may matter strategically, but the immediate stock impact is unclear. DoorDash spent a whopping $2M lobbying for bill banning employee benefits for drivers
• Neutral Sentiment: Politico reported that DoorDash is stepping up its lobbying game, underscoring ongoing regulatory and policy engagement rather than a direct business catalyst. DoorDash steps up its lobbying game
• Negative Sentiment: Several crime-related reports involving DoorDash drivers, including deaths and shootings, may reinforce safety and brand-risk concerns for the platform, adding to negative public relations pressure on DASH. Michigan man dies months after alleged attack by DoorDash driver

DoorDash 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.