DoorDash, Inc. $DASH Shares Bought by SMART Wealth LLC

SMART Wealth LLC raised its holdings in DoorDash, Inc. (NASDAQ:DASH) by 154.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 8,244 shares of the company’s stock after purchasing an additional 5,005 shares during the period. SMART Wealth LLC’s holdings in DoorDash were worth $2,242,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Vanguard Group Inc. raised its position 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 acquiring an additional 1,522,823 shares during the period. State Street Corp increased its stake in shares of DoorDash by 3.1% during the second quarter. State Street Corp now owns 14,387,499 shares of the company’s stock worth $3,546,662,000 after purchasing an additional 427,722 shares in the last quarter. Geode Capital Management LLC raised its position 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 purchasing an additional 223,188 shares during the last quarter. Invesco Ltd. lifted its stake in 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 buying an additional 575,629 shares in the last quarter. Finally, Norges Bank acquired a new stake in DoorDash in the 2nd quarter worth about $1,185,576,000. 90.64% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, COO Prabir Adarkar sold 30,000 shares of the business’s stock in a transaction dated Monday, December 22nd. The shares were sold at an average price of $234.57, for a total value of $7,037,100.00. Following the sale, the chief operating officer directly owned 874,130 shares in the company, valued at approximately $205,044,674.10. The trade was a 3.32% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Alfred Lin bought 389,047 shares of the firm’s stock in a transaction on Tuesday, November 25th. The stock was bought at an average cost of $193.81 per share, for a total transaction of $75,401,199.07. Following the transaction, the director directly owned 389,047 shares of the company’s stock, valued at $75,401,199.07. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last quarter, insiders have sold 604,135 shares of company stock worth $124,509,080. Corporate insiders own 5.83% of the company’s stock.

Key DoorDash News

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Analyst/independent bullish notes reiterate BUY at discounted levels, arguing valuation and long-term growth justify owning DASH ahead of earnings. Read More.
• Positive Sentiment: Grocery and retail partnerships remain a growth tailwind — sector coverage on Kroger’s turnaround highlights DoorDash as a continuing last-mile partner, underscoring recurring GOV opportunity from grocery fulfillment. Read More.
• Positive Sentiment: Resolution of fraud schemes tied to phantom orders (sentencing reported) reduces an ongoing loss/operational risk and supports margin stability. Read More.
• Neutral Sentiment: Waymo is paying gig workers (including DoorDash drivers) to close robotaxi doors — demonstrates the value and flexibility of the Dasher workforce, but payments go to drivers (not DoorDash directly), so corporate revenue impact is unclear. Read More.
• Neutral Sentiment: Q4 preview/earnings expectations: previews show an in-line quarter is likely (Bank of America/Proactive), keeping guidance risk moderate heading into the Feb. 18 report. Read More.
• Neutral Sentiment: Short-interest items circulating look inconsistent/erroneous (zeros/NaN), so current short-interest headlines are noisy and unlikely to be a reliable near-term driver until clarified.
• Negative Sentiment: Multiple driver-related safety incidents and arrests (stabbing attempt, accidental shooting, delivery-related arrests) are generating adverse headlines and reputational risk that can pressure the stock. Read More. | Read More.
• Negative Sentiment: Fatal hit‑and‑run coverage and related family lawsuits spotlight potential litigation and regulatory exposure that could create headline risk and legal costs. Read More.
• Negative Sentiment: Insider selling: Director Shona L. Brown sold 1,250 shares recently — investors sometimes view insider sales negatively when combined with other near-term headwinds. Read More.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. Truist Financial raised their target price on DoorDash from $326.00 to $340.00 and gave the company a “buy” rating in a research report on Thursday, October 23rd. Citigroup reaffirmed a “market outperform” rating on shares of DoorDash in a report on Monday, November 24th. Benchmark increased their target price on shares of DoorDash from $315.00 to $320.00 and gave the company a “buy” rating in a research report on Tuesday, November 4th. The Goldman Sachs Group set a $267.00 price target on shares of DoorDash in a research report on Monday, February 2nd. Finally, DA Davidson reaffirmed a “neutral” rating and set a $260.00 price objective on shares of DoorDash in a research note on Thursday, November 6th. One analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat, DoorDash currently has an average rating of “Moderate Buy” and a consensus target price of $280.24.

DoorDash Stock Down 0.5%

Shares of NASDAQ DASH opened at $160.34 on Monday. The company has a market capitalization of $69.11 billion, a P/E ratio of 81.39 and a beta of 1.78. 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 50 day simple moving average of $213.26 and a 200-day simple moving average of $233.89. DoorDash, Inc. has a 1 year low of $155.40 and a 1 year high of $285.50.

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.