Circle Wealth Management LLC lifted its stake in shares of DoorDash, Inc. (NASDAQ:DASH – Free Report) by 417.5% during the fourth quarter, HoldingsChannel.com reports. The firm owned 6,376 shares of the company’s stock after purchasing an additional 5,144 shares during the period. Circle Wealth Management LLC’s holdings in DoorDash were worth $1,444,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Quadrant Capital Group LLC grew its stake in shares of DoorDash by 2.1% during the 4th quarter. Quadrant Capital Group LLC now owns 6,590 shares of the company’s stock worth $1,493,000 after purchasing an additional 138 shares during the period. Advisors Asset Management Inc. grew its stake in shares of DoorDash by 21.1% during the 4th quarter. Advisors Asset Management Inc. now owns 58,480 shares of the company’s stock worth $13,245,000 after purchasing an additional 10,194 shares during the period. CI Investments Inc. grew its stake in shares of DoorDash by 24.2% during the 4th quarter. CI Investments Inc. now owns 1,562 shares of the company’s stock worth $354,000 after purchasing an additional 304 shares during the period. Hollencrest Capital Management grew its stake in shares of DoorDash by 41.9% during the 4th quarter. Hollencrest Capital Management now owns 2,045 shares of the company’s stock worth $463,000 after purchasing an additional 604 shares during the period. Finally, DRW Securities LLC grew its stake in shares of DoorDash by 118.7% during the 4th quarter. DRW Securities LLC now owns 4,125 shares of the company’s stock worth $934,000 after purchasing an additional 2,239 shares during the period. 90.64% of the stock is owned by institutional investors and hedge funds.
Insider Activity
In other news, insider Keith Yandell sold 2,643 shares of the company’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $155.34, for a total transaction of $410,563.62. Following the completion of the transaction, the insider owned 81,106 shares of the company’s stock, valued at $12,599,006.04. This represents a 3.16% decrease in their position. The transaction was disclosed in a legal filing with the SEC, 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 shares were sold at an average price of $150.00, for a total transaction of $3,214,950.00. Following the transaction, the director directly owned 19,279 shares of the company’s stock, valued at approximately $2,891,850. This 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 a total of 68,558 shares of company stock valued at $10,914,640 in the last 90 days. Company insiders own 5.83% of the company’s stock.
Key Stories Impacting DoorDash
- Positive Sentiment: DoorDash launched “Ask DoorDash,” a new conversational AI assistant that lets users search for meals and groceries, order with natural-language prompts or photos, and even book restaurant reservations. Investors may see this as a potential engagement and conversion driver. Article Title
- Positive Sentiment: The AI rollout was widely covered across multiple outlets, reinforcing the idea that DoorDash is expanding its platform beyond simple delivery into more personalized shopping and reservation tools, which could help support long-term growth. Article Title
- Positive Sentiment: DoorDash and NJ TRANSIT announced a FIFA World Cup 2026 sponsorship, adding brand visibility ahead of a major global event and potentially supporting consumer awareness. Article Title
- Neutral Sentiment: BTIG Research lowered its price target on DoorDash from $280 to $225, but kept a buy rating and still sees meaningful upside from current levels. This may temper enthusiasm, but it does not signal a bearish shift. Article Title
- Neutral Sentiment: Promotional coverage around World Cup discounts and broader stock-performance articles may have limited direct impact on the shares, but they add to overall visibility around the brand. Article Title
DoorDash Price Performance
NASDAQ:DASH opened at $150.58 on Friday. The firm has a market cap of $65.61 billion, a price-to-earnings ratio of 71.71 and a beta of 1.83. The company has a current ratio of 1.43, a quick ratio of 1.43 and a debt-to-equity ratio of 0.27. The company’s 50-day moving average is $162.74 and its two-hundred day moving average is $184.18. DoorDash, Inc. has a 12-month low of $143.30 and a 12-month high of $285.50.
DoorDash (NASDAQ:DASH – Get Free Report) last released its earnings results on Wednesday, May 6th. The company reported $0.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.36 by $0.06. The company had revenue of $4.04 billion for the quarter, compared to analyst estimates of $4.15 billion. DoorDash had a net margin of 6.29% and a return on equity of 9.58%. The firm’s quarterly revenue was up 33.1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.44 EPS. Research analysts expect that DoorDash, Inc. will post 2.45 EPS for the current year.
Analyst Ratings Changes
A number of research firms have recently weighed in on DASH. Citigroup lowered their price target on shares of DoorDash from $280.00 to $250.00 and set a “buy” rating on the stock in a research note on Friday, May 8th. Argus set a $190.00 price target on shares of DoorDash in a research note on Thursday. UBS Group upped their price target on shares of DoorDash from $206.00 to $214.00 and gave the stock a “neutral” rating in a research note on Thursday, May 7th. Mizuho lowered their price target on shares of DoorDash from $320.00 to $255.00 and set an “outperform” rating on the stock in a research note on Tuesday, March 3rd. Finally, Truist Financial lowered their price target on shares of DoorDash from $340.00 to $330.00 and set a “buy” rating on the stock in a research note on Thursday, May 7th. Two analysts have 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’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $256.11.
Get Our Latest Report on DoorDash
DoorDash Company 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.
Featured Articles
- Five stocks we like better than DoorDash
- SpaceX Rings the Bell and Shatters Every Record
- Adobe Stock Just Got Cheaper—Is Wall Street Missing the Story?
- 3 Dividend Stocks Under $50 That Pay You to Wait Out Inflation
- The 127-Gigawatt Problem: Why AI Needs Its Own Power
Want to see what other hedge funds are holding DASH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for DoorDash, Inc. (NASDAQ:DASH – Free Report).
Receive News & Ratings for DoorDash Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DoorDash and related companies with MarketBeat.com's FREE daily email newsletter.
