Galvin Gaustad & Stein LLC Invests $888,000 in DoorDash, Inc. $DASH

Galvin Gaustad & Stein LLC acquired a new position in shares of DoorDash, Inc. (NASDAQ:DASH) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 3,921 shares of the company’s stock, valued at approximately $888,000.

Several other large investors have also modified their holdings of DASH. Vanguard Group Inc. boosted its holdings in shares of DoorDash by 3.7% during the 3rd quarter. Vanguard Group Inc. now owns 42,712,908 shares of the company’s stock worth $11,617,484,000 after buying an additional 1,522,823 shares during the period. Scge Management L.P. bought a new stake in shares of DoorDash during the 2nd quarter worth $267,463,000. Invesco Ltd. boosted its holdings in shares of DoorDash by 18.2% during the 3rd quarter. Invesco Ltd. now owns 6,355,628 shares of the company’s stock worth $1,728,667,000 after buying an additional 980,148 shares during the period. Ninety One UK Ltd bought a new stake in shares of DoorDash during the 3rd quarter worth $259,154,000. Finally, State Street Corp boosted its holdings in shares of DoorDash by 6.3% during the 3rd quarter. State Street Corp now owns 15,296,624 shares of the company’s stock worth $4,160,529,000 after buying an additional 909,125 shares during the period. 90.64% of the stock is owned by institutional investors.

Insider Activity at DoorDash

In other DoorDash news, COO Prabir Adarkar sold 10,000 shares of the stock in a transaction on Monday, March 23rd. The shares were sold at an average price of $158.97, for a total value of $1,589,700.00. Following the completion of the sale, the chief operating officer directly owned 843,678 shares of the company’s stock, valued at $134,119,491.66. This represents a 1.17% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Ravi Inukonda sold 1,017 shares of the stock in a transaction on Wednesday, January 14th. The shares were sold at an average price of $215.14, for a total transaction of $218,797.38. Following the completion of the sale, the chief financial officer directly owned 208,412 shares of the company’s stock, valued at approximately $44,837,757.68. This trade represents a 0.49% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 95,423 shares of company stock valued at $18,043,871 in the last quarter. Company insiders own 5.83% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. Wells Fargo & Company decreased their price objective on shares of DoorDash from $221.00 to $198.00 and set an “equal weight” rating for the company in a report on Monday, March 30th. Wedbush upped their price objective on shares of DoorDash from $260.00 to $270.00 and gave the stock an “outperform” rating in a report on Friday, December 19th. Sanford C. Bernstein decreased their price objective on shares of DoorDash from $285.00 to $270.00 and set an “outperform” rating for the company in a report on Thursday, February 19th. Roth Mkm reaffirmed a “neutral” rating and set a $200.00 price objective on shares of DoorDash in a report on Thursday, February 19th. Finally, Citizens Jmp decreased their price objective on shares of DoorDash from $285.00 to $250.00 and set a “market outperform” rating for the company in a report on Friday, February 20th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $260.88.

DoorDash Price Performance

Shares of DoorDash stock opened at $159.61 on Tuesday. 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, Inc. has a fifty-two week low of $143.30 and a fifty-two week high of $285.50. The firm has a fifty day moving average price of $167.13 and a two-hundred day moving average price of $207.84. The company has a market cap of $69.34 billion, a PE ratio of 75.29 and a beta of 1.93.

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

Key Stories Impacting DoorDash

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Brokerage consensus remains constructive — DoorDash received a “Moderate Buy” consensus from brokerages, which supports demand for the shares. Article Title
• Positive Sentiment: Analyst and media debate over valuation: some outlets frame the recent weakness as a buying opportunity given persistent consumer willingness to pay for delivery, which could attract value‑oriented flows if investors agree. Article Title
• Neutral Sentiment: Political PR: a DoorDash driver praised a federal “no tax on tips” policy at the White House, providing positive publicity around tipping and driver take‑home pay but with limited direct impact on DoorDash’s fundamentals. Article Title
• Neutral Sentiment: Oval Office moment: President Trump tipped a DoorDash driver on camera to promote the same tax policy — short‑term attention that can affect sentiment but is unlikely to change company economics. Article Title
• Negative Sentiment: Analyst downgrade in tone: Stifel Nicolaus cut its price target from $215 to $185 and set a “hold” rating — a nearer‑term headwind for sentiment and potential selling pressure despite the revised target still implying upside. Article Title
• Negative Sentiment: Regulatory risk: coverage notes possible city‑level bans or restrictions on delivery platforms in some municipalities, a direct operating risk that could reduce addressable markets or increase compliance costs. Article Title
• Negative Sentiment: Political backlash risk: opinion pieces argue that high‑profile political stunts can highlight partisan risks and distract from business fundamentals, which may spook some investors. Article Title
• Negative Sentiment: Isolated reputational item: court documents allege misuse of charitable donations that included DoorDash purchases — not company misconduct but a potential minor PR issue if it gains traction. Article Title

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.