TenCore Partners LP Sells 17,100 Shares of DoorDash, Inc. $DASH

Posted by Brian Himes on Jun 3rd, 2026

TenCore Partners LP lessened its holdings in DoorDash, Inc. (NASDAQ:DASH – Free Report) by 24.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 51,754 shares of the company’s stock after selling 17,100 shares during the period. DoorDash makes up 6.0% of TenCore Partners LP’s investment portfolio, making the stock its 8th largest position. TenCore Partners LP’s holdings in DoorDash were worth $11,721,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of DASH. Physician Wealth Advisors Inc. lifted its stake in shares of DoorDash by 284.0% in the 3rd 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 lifted its stake in shares of DoorDash by 714.3% in the 4th 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 position in shares of DoorDash in the 4th quarter valued at $29,000. Sunbelt Securities Inc. lifted its stake in shares of DoorDash by 124.1% in the 3rd 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 purchased a new stake in shares of DoorDash in the 3rd quarter valued at $36,000. Institutional investors and hedge funds own 90.64% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. Oppenheimer cut their price objective on DoorDash from $280.00 to $235.00 and set an “outperform” rating on the stock in a report on Thursday, February 19th. Morgan Stanley reiterated an “overweight” rating and issued a $275.00 price objective on shares of DoorDash in a report on Thursday, February 19th. Mizuho cut their price objective on DoorDash from $320.00 to $255.00 and set an “outperform” rating on the stock in a report on Tuesday, March 3rd. Roth Mkm reiterated a “neutral” rating and issued a $200.00 price objective on shares of DoorDash in a report on Thursday, February 19th. Finally, TD Cowen assumed coverage on DoorDash in a report on Monday, April 27th. They issued a “buy” rating and a $225.00 price objective on the stock. Two 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 company. According to MarketBeat.com, DoorDash presently has a consensus rating of “Moderate Buy” and an average target price of $259.58.

View Our Latest Analysis on DoorDash

Insider Activity at DoorDash

In other DoorDash news, General Counsel Tia Sherringham sold 2,743 shares of the company’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $160.79, for a total transaction of $441,046.97. Following the sale, the general counsel owned 128,216 shares in the company, valued at $20,615,850.64. This represents a 2.09% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available 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 company’s stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $150.00, for a total value of $3,214,950.00. Following the sale, the director owned 19,279 shares in the company, valued at approximately $2,891,850. This trade represents a 52.65% decrease in their position. 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. Insiders have sold 69,808 shares of company stock worth $11,135,403 over the last quarter. 5.83% of the stock is currently owned by insiders.

DoorDash Price Performance

Shares of NASDAQ DASH opened at $164.78 on Tuesday. The stock’s 50-day moving average is $162.32 and its two-hundred day moving average is $186.94. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.43 and a quick ratio of 1.43. DoorDash, Inc. has a 1-year low of $143.30 and a 1-year high of $285.50. The company has a market cap of $71.80 billion, a price-to-earnings ratio of 78.47 and a beta of 1.83.

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

About DoorDash

(Free Report)

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.