Kovitz Investment Group Partners LLC lessened its stake in shares of DoorDash, Inc. (NASDAQ:DASH – Free Report) by 18.1% during the fourth quarter, HoldingsChannel.com reports. The fund owned 21,173 shares of the company’s stock after selling 4,684 shares during the quarter. Kovitz Investment Group Partners LLC’s holdings in DoorDash were worth $4,795,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors have also recently made changes to their positions in DASH. T. Rowe Price Investment Management Inc. bought a new stake in shares of DoorDash in the fourth quarter worth approximately $126,178,000. Corient Private Wealth LLC boosted its holdings in DoorDash by 51.0% in the fourth quarter. Corient Private Wealth LLC now owns 43,080 shares of the company’s stock worth $9,757,000 after purchasing an additional 14,549 shares during the last quarter. Vident Advisory LLC boosted its holdings in DoorDash by 16.3% in the fourth quarter. Vident Advisory LLC now owns 32,579 shares of the company’s stock worth $7,379,000 after purchasing an additional 4,567 shares during the last quarter. Beacon Pointe Advisors LLC boosted its holdings in DoorDash by 82.0% in the fourth quarter. Beacon Pointe Advisors LLC now owns 8,427 shares of the company’s stock worth $1,908,000 after purchasing an additional 3,798 shares during the last quarter. Finally, State of Tennessee Department of Treasury grew its position in DoorDash by 9.2% in the 4th quarter. State of Tennessee Department of Treasury now owns 128,297 shares of the company’s stock worth $29,057,000 after purchasing an additional 10,811 shares during the period. 90.64% of the stock is currently owned by institutional investors.
Key Stories Impacting DoorDash
Here are the key news stories impacting DoorDash this week:
- Positive Sentiment: DoorDash is drawing attention for its “Summer of DashPass” promotion, which highlights discounts and membership value that could support orders and subscriber engagement. Here’s Why DoorDash’s Summer of DashPass Is One of the Season’s Best Sale Events
- Positive Sentiment: The company’s World Cup-themed campaign is getting additional exposure, which may help DoorDash stay top-of-mind with consumers heading into a major sporting event. DoorDash leans into 2026 World Cup fandom with campaign — Vote now in Ad Meter Brand Spotlight
- Positive Sentiment: Several food-and-lifestyle articles are reinforcing DoorDash’s brand presence by promoting restaurant recommendations and delivery use cases, which can support consumer awareness. These 2 North Texas restaurants are among the best spots to celebrate dad, DoorDash says
- Neutral Sentiment: Coverage of Brooklyn Beckham’s DoorDash ad is generating buzz and broadening reach, but the headlines focus more on the celebrity family drama than on a clear business catalyst. Brooklyn Beckham takes another swipe at his parents as full DoorDash advert released
- Neutral Sentiment: An earnings comparison piece on DoorDash and other gig economy names is mostly informational and does not appear to introduce new company-specific news. Q1 Earnings Highs And Lows: DoorDash (NASDAQ:DASH) Vs The Rest Of The Gig Economy Stocks
- Negative Sentiment: Some media coverage frames the Brooklyn Beckham ad as a “PR mess” or backlash-driven story, which could slightly offset the benefit of the campaign if the controversy overshadows the brand message. Brooklyn Beckham’s DoorDash World Cup Ad Turns Family Feud Into a PR Mess
Wall Street Analyst Weigh In
Insider Buying and Selling
In other DoorDash news, Director Stanley Tang sold 21,433 shares of the business’s stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $150.00, for a total transaction of $3,214,950.00. Following the completion of the sale, the director owned 19,279 shares of the company’s stock, valued at approximately $2,891,850. The trade was a 52.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Keith Yandell sold 2,643 shares of the business’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $155.34, for a total value of $410,563.62. Following the sale, the insider directly 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 disclosure for this sale is available in the SEC filing. 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 over the last three months. 5.83% of the stock is currently owned by company insiders.
DoorDash Trading Up 0.0%
Shares of DoorDash stock opened at $173.49 on Friday. The company’s fifty day simple moving average is $164.07 and its 200-day simple moving average is $183.31. The stock has a market capitalization of $75.59 billion, a PE ratio of 82.61 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 company has a debt-to-equity ratio of 0.27, a current ratio of 1.43 and a quick ratio of 1.43.
DoorDash (NASDAQ:DASH – Get Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $0.42 EPS for the quarter, topping the consensus estimate of $0.36 by $0.06. The firm had revenue of $4.04 billion during the quarter, compared to analyst estimates of $4.15 billion. DoorDash had a return on equity of 9.58% and a net margin of 6.29%.DoorDash’s revenue was up 33.1% on a year-over-year basis. During the same period in the prior year, the business posted $0.44 EPS. As a group, equities analysts anticipate that DoorDash, Inc. will post 2.44 earnings per share for the current year.
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.
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