Piedmont Capital Management LLC NC Purchases Shares of 3,476 DoorDash, Inc. $DASH

Posted by on Jun 15th, 2026

Piedmont Capital Management LLC NC purchased a new stake in DoorDash, Inc. (NASDAQ:DASH – Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 3,476 shares of the company’s stock, valued at approximately $787,000. DoorDash accounts for 0.5% of Piedmont Capital Management LLC NC’s investment portfolio, making the stock its 29th biggest holding.

Other large investors also recently made changes to their positions in the company. Eastern Bank increased its stake in shares of DoorDash by 714.3% in the fourth quarter. Eastern Bank now owns 114 shares of the company’s stock valued at $26,000 after purchasing an additional 100 shares during the period. Swiss RE Ltd. acquired a new position in shares of DoorDash during the fourth quarter valued at approximately $28,000. ST Germain D J Co. Inc. acquired a new position in shares of DoorDash during the fourth quarter valued at approximately $29,000. Sunbelt Securities Inc. increased its stake in shares of DoorDash by 124.1% during the third quarter. Sunbelt Securities Inc. now owns 121 shares of the company’s stock valued at $33,000 after acquiring an additional 67 shares during the period. Finally, Morse Asset Management Inc acquired a new position in shares of DoorDash during the third quarter valued at approximately $36,000. Institutional investors and hedge funds own 90.64% of the company’s stock.

DoorDash News Summary

Here are the key news stories impacting DoorDash this week:

  • 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

Insider Activity

In related news, insider Keith Yandell sold 2,643 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $155.34, for a total value of $410,563.62. Following the completion of the transaction, the insider owned 81,106 shares of the company’s stock, valued at approximately $12,599,006.04. This trade represents a 3.16% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Tia Sherringham sold 2,743 shares of the firm’s stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $160.79, for a total transaction of $441,046.97. Following the completion of the transaction, the general counsel directly owned 128,216 shares of the company’s stock, valued at $20,615,850.64. This represents a 2.09% 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. Over the last 90 days, insiders sold 68,558 shares of company stock worth $10,914,640. Company insiders own 5.83% of the company’s stock.

DoorDash Stock Performance

DoorDash stock opened at $150.58 on Monday. 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 firm has a market cap of $65.61 billion, a price-to-earnings ratio of 71.71 and a beta of 1.83. DoorDash, Inc. has a 1 year low of $143.30 and a 1 year high of $285.50. The firm’s 50 day moving average price is $162.74 and its two-hundred day moving average price is $184.15.

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

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the stock. TD Cowen assumed coverage on shares of DoorDash in a research note on Monday, April 27th. They set a “buy” rating and a $225.00 price objective on the stock. Guggenheim lowered their price objective on shares of DoorDash from $275.00 to $255.00 and set a “buy” rating on the stock in a research note on Thursday, February 19th. The Goldman Sachs Group set a $280.00 price objective on shares of DoorDash in a research note on Thursday, May 7th. Citizens Jmp lowered their price objective on shares of DoorDash from $285.00 to $250.00 and set a “market outperform” rating on the stock in a research note on Friday, February 20th. Finally, Morgan Stanley reiterated an “overweight” rating and set a $275.00 price objective on shares of DoorDash in a research note on Thursday, February 19th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $256.11.

Get Our Latest Stock Analysis on DoorDash

DoorDash Profile

(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.

Featured Stories

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Institutional Ownership by Quarter for DoorDash (NASDAQ:DASH)

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