DoorDash, Inc. $DASH Shares Bought by DNB Asset Management AS

DNB Asset Management AS grew its position in shares of DoorDash, Inc. (NASDAQ:DASH) by 8.1% in the 4th quarter, HoldingsChannel.com reports. The fund owned 73,081 shares of the company’s stock after acquiring an additional 5,449 shares during the period. DNB Asset Management AS’s holdings in DoorDash were worth $16,551,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Physician Wealth Advisors Inc. increased its stake in 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 acquiring an additional 71 shares during the last quarter. Eastern Bank increased its stake in DoorDash by 714.3% during the fourth quarter. Eastern Bank now owns 114 shares of the company’s stock worth $26,000 after acquiring an additional 100 shares during the last quarter. Sunbelt Securities Inc. increased its stake in DoorDash by 124.1% during the third quarter. Sunbelt Securities Inc. now owns 121 shares of the company’s stock worth $33,000 after acquiring an additional 67 shares during the last quarter. ST Germain D J Co. Inc. acquired a new stake in DoorDash during the fourth quarter worth about $29,000. Finally, Morse Asset Management Inc acquired a new stake in shares of DoorDash in the third quarter valued at about $36,000. 90.64% of the stock is currently owned by institutional investors and hedge funds.

DoorDash Trading Up 3.6%

Shares of DASH opened at $159.20 on Friday. The company has a market capitalization of $69.37 billion, a P/E ratio of 75.81 and a beta of 1.87. DoorDash, Inc. has a one year low of $143.30 and a one year high of $285.50. 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 stock has a 50-day moving average price of $164.58 and a 200 day moving average price of $193.15.

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

DoorDash News Summary

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Rothschild & Co Redburn raised its price target on DoorDash to $350 from $300 and kept a Buy rating, citing confidence in the company’s long-term growth opportunity. Is DoorDash (DASH) the Best Depressed Stock to Buy in 2026?
• Positive Sentiment: Zacks Research upgraded DoorDash from “strong sell” to “hold,” which may be helping sentiment around the stock. Zacks.com
• Positive Sentiment: New merchant partnerships, including Urban Outfitters launching on DoorDash, show the platform expanding beyond restaurant delivery into broader commerce use cases. Urban Outfitters Just Launched on DoorDash

Insider Activity at DoorDash

In related news, COO Prabir Adarkar sold 10,000 shares of the 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 of the company’s stock, valued at approximately $158,898,314.52. This represents a 1.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Stanley Tang sold 21,433 shares of the stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $150.00, for a total value of $3,214,950.00. Following the completion of the transaction, the director directly owned 19,279 shares of the company’s stock, valued at $2,891,850. This represents a 52.65% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 42,683 shares of company stock valued at $6,908,813. Insiders own 5.83% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the company. Sanford C. Bernstein lowered their target price on DoorDash from $285.00 to $270.00 and set an “outperform” rating for the company in a research note on Thursday, February 19th. Truist Financial lowered their target price on DoorDash from $340.00 to $330.00 and set a “buy” rating for the company in a research note on Thursday, May 7th. Oppenheimer lowered their target price on DoorDash from $280.00 to $235.00 and set an “outperform” rating for the company in a research note on Thursday, February 19th. Roth Mkm reiterated a “neutral” rating and issued a $200.00 target price on shares of DoorDash in a research note on Thursday, February 19th. Finally, Susquehanna lowered their target price on DoorDash from $250.00 to $225.00 and set a “positive” rating for the company in a research note on Friday, May 8th. Two research analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $259.58.

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.