Krane Funds Advisors LLC Invests $1.38 Million in DoorDash, Inc. $DASH

Posted by Francis Steltz on Jun 8th, 2026

Krane Funds Advisors LLC bought a new stake in DoorDash, Inc. (NASDAQ:DASH – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 6,100 shares of the company’s stock, valued at approximately $1,382,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. American Century Companies Inc. boosted its stake in shares of DoorDash by 5.0% in the third quarter. American Century Companies Inc. now owns 485,088 shares of the company’s stock valued at $131,941,000 after buying an additional 22,944 shares in the last quarter. Caprock Group LLC purchased a new position in DoorDash in the third quarter worth $3,169,000. Vaughan Nelson Investment Management L.P. acquired a new stake in DoorDash in the fourth quarter valued at $41,712,000. Intech Investment Management LLC boosted its position in shares of DoorDash by 707.8% during the 4th quarter. Intech Investment Management LLC now owns 253,348 shares of the company’s stock worth $57,378,000 after purchasing an additional 221,985 shares in the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in shares of DoorDash by 7.1% during the 3rd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 806,191 shares of the company’s stock worth $219,276,000 after purchasing an additional 53,722 shares in the last quarter. 90.64% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on DASH. Rothschild & Co Redburn set a $350.00 price target on shares of DoorDash in a report on Tuesday, May 12th. Evercore set a $300.00 target price on shares of DoorDash in a research report on Thursday, February 19th. Citizens Jmp dropped their target price on shares of DoorDash from $285.00 to $250.00 and set a “market outperform” rating for the company in a report on Friday, February 20th. Piper Sandler decreased their price target on DoorDash from $220.00 to $205.00 and set a “neutral” rating on the stock in a research note on Thursday, May 7th. Finally, Wells Fargo & Company upped their price target on DoorDash from $198.00 to $200.00 and gave the stock an “equal weight” rating in a report on Thursday, May 7th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat.com, DoorDash presently has an average rating of “Moderate Buy” and an average target price of $259.58.

Get Our Latest Analysis on DASH

DoorDash Stock Performance

Shares of DoorDash stock opened at $156.80 on Monday. DoorDash, Inc. has a fifty-two week low of $143.30 and a fifty-two week high of $285.50. The business’s fifty day moving average is $162.40 and its two-hundred day moving average is $185.67. The company has a quick ratio of 1.43, a current ratio of 1.43 and a debt-to-equity ratio of 0.27. The firm has a market cap of $68.32 billion, a PE ratio of 74.67 and a beta of 1.83.

DoorDash (NASDAQ:DASH – Get Free Report) last announced its quarterly earnings data 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. The business 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 company’s revenue was up 33.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.44 EPS. Analysts anticipate that DoorDash, Inc. will post 2.45 earnings per share for the current year.

Insider Buying and Selling at DoorDash

In other news, COO Prabir Adarkar sold 21,739 shares of the stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $155.25, for a total value of $3,374,979.75. Following the completion of the sale, the chief operating officer owned 959,076 shares in the company, valued at approximately $148,896,549. This trade represents a 2.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 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 on Friday, May 22nd. The shares were sold at an average price of $160.79, for a total transaction of $441,046.97. Following the sale, the general counsel directly owned 128,216 shares of the company’s stock, valued at approximately $20,615,850.64. The trade was a 2.09% 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. Insiders sold 68,558 shares of company stock worth $10,914,640 over the last three months. 5.83% of the stock is currently owned by insiders.

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.