DoorDash, Inc. $DASH Stock: New Mexico Educational Retirement Board Grows Position

Posted by Stanley Muller on Nov 12th, 2026

New Mexico Educational Retirement Board increased its holdings in DoorDash, Inc. (NASDAQ:DASH – Free Report) by 398.1% during the third quarter, HoldingsChannel.com reports. The fund owned 93,151 shares of the company’s stock after buying an additional 74,451 shares during the period. New Mexico Educational Retirement Board’s holdings in DoorDash were worth $17,098,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Fairscale Capital LLC boosted its stake in DoorDash by 128.6% during the 3rd quarter. Fairscale Capital LLC now owns 144 shares of the company’s stock worth $25,000 after purchasing an additional 81 shares during the period. Washington Trust Advisors Inc. increased its stake in DoorDash by 81.0% in the second quarter. Washington Trust Advisors Inc. now owns 143 shares of the company’s stock valued at $26,000 after purchasing an additional 64 shares during the period. Activest Wealth Management increased its stake in DoorDash by 892.9% in the third quarter. Activest Wealth Management now owns 139 shares of the company’s stock valued at $26,000 after purchasing an additional 125 shares during the period. City State Bank raised its holdings in shares of DoorDash by 56.0% in the third quarter. City State Bank now owns 156 shares of the company’s stock valued at $29,000 after buying an additional 56 shares during the last quarter. Finally, Signature Equity Partners LLC grew its holdings in shares of DoorDash by 213.5% during the third quarter. Signature Equity Partners LLC now owns 163 shares of the company’s stock worth $30,000 after buying an additional 111 shares during the last quarter. Hedge funds and other institutional investors own 90.64% of the company’s stock.

Insider Activity at DoorDash

In related news, Director Andy Fang sold 5,000 shares of the company’s stock in a transaction that occurred on Thursday, October 1st. The stock was sold at an average price of $183.69, for a total value of $918,450.00. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Stanley Tang sold 23,125 shares of the firm’s stock in a transaction that occurred on Monday, November 2nd. The shares were sold at an average price of $188.71, for a total value of $4,363,918.75. Following the completion of the transaction, the director directly owned 10,361 shares of the company’s stock, valued at $1,955,224.31. The trade was a 69.06% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 349,430 shares of company stock worth $76,644,002. 44.90% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on DASH. BTIG Research reaffirmed a “buy” rating and set a $225.00 price objective on shares of DoorDash in a research report on Wednesday, October 21st. Loop Capital boosted their target price on DoorDash from $225.00 to $280.00 and gave the company a “buy” rating in a report on Tuesday, September 22nd. Zacks Research upgraded DoorDash from a “strong sell” rating to a “hold” rating in a research note on Monday, August 17th. Argus upped their price target on DoorDash from $190.00 to $270.00 in a research note on Thursday, August 27th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of DoorDash from $250.00 to $262.00 in a research report on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $249.82.

Read Our Latest Stock Analysis on DASH

DoorDash Stock Up 0.0%

DASH opened at $178.26 on Thursday. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.46 and a quick ratio of 1.46. DoorDash, Inc. has a 12 month low of $143.30 and a 12 month high of $239.00. The stock has a market capitalization of $77.72 billion, a P/E ratio of 73.66, a P/E/G ratio of 1.47 and a beta of 1.98. The business has a 50 day simple moving average of $190.24 and a 200-day simple moving average of $182.09.

DoorDash (NASDAQ:DASH – Get Free Report) last announced its quarterly earnings data on Thursday, October 29th. The company reported $1.06 earnings per share for the quarter, topping analysts’ consensus estimates of $0.81 by $0.25. The firm had revenue of $4.62 billion for the quarter, compared to analyst estimates of $4.56 billion. DoorDash had a return on equity of 10.40% and a net margin of 6.23%. DoorDash’s quarterly revenue was up 34.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.55 earnings per share. On average, equities analysts anticipate that DoorDash, Inc. will post 2.69 earnings per share for the current fiscal year.

About DoorDash

(Free Report)

DoorDash, Inc. operates a local commerce platform that connects consumers with restaurants and other merchants, as well as with independent delivery workers. Through its app and website, customers can order restaurant meals, groceries, convenience items and products from other local retailers for delivery or pickup. The company also provides services for merchants, including tools for online ordering, marketing and fulfillment. Its offerings include DoorDash Drive, which provides delivery logistics for merchants’ own orders, and DashPass, a subscription program for eligible orders.