Fifth Third Bancorp increased its position in DoorDash, Inc. (NASDAQ:DASH – Free Report) by 207.2% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 59,471 shares of the company’s stock after acquiring an additional 40,111 shares during the period. Fifth Third Bancorp’s holdings in DoorDash were worth $8,930,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also modified their holdings of DASH. Brighton Jones LLC lifted its stake in shares of DoorDash by 24.0% during the 4th quarter. Brighton Jones LLC now owns 9,336 shares of the company’s stock worth $1,566,000 after purchasing an additional 1,807 shares during the period. Integrated Wealth Concepts LLC increased its stake in DoorDash by 21.5% in the first quarter. Integrated Wealth Concepts LLC now owns 1,715 shares of the company’s stock valued at $314,000 after purchasing an additional 303 shares during the last quarter. Empowered Funds LLC increased its stake in DoorDash by 3.6% in the first quarter. Empowered Funds LLC now owns 8,130 shares of the company’s stock valued at $1,486,000 after purchasing an additional 285 shares during the last quarter. Sivia Capital Partners LLC lifted its position in DoorDash by 92.9% during the second quarter. Sivia Capital Partners LLC now owns 4,255 shares of the company’s stock worth $1,049,000 after buying an additional 2,049 shares during the period. Finally, Baird Financial Group Inc. purchased a new position in DoorDash during the second quarter worth about $222,000. Hedge funds and other institutional investors own 90.64% of the company’s stock.
Insider Buying and Selling
In related news, Director Shona L. Brown sold 582 shares of DoorDash stock in a transaction on Friday, June 26th. The shares were sold at an average price of $177.06, for a total transaction of $103,048.92. Following the transaction, the director owned 31,156 shares in the company, valued at approximately $5,516,481.36. The trade was a 1.83% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Ravi Inukonda sold 19,095 shares of the company’s stock in a transaction on Wednesday, July 8th. The stock was sold at an average price of $188.04, for a total transaction of $3,590,623.80. Following the sale, the chief financial officer directly owned 252,443 shares of the company’s stock, valued at approximately $47,469,381.72. This trade represents a 7.03% decrease in their ownership of the stock. 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 ninety days, insiders have sold 84,927 shares of company stock valued at $15,124,932. 5.83% of the stock is owned by corporate insiders.
Key DoorDash News
- Positive Sentiment: Jefferies raised its price target on DoorDash to $225 from $220 and reiterated a buy rating, signaling confidence in further upside for the stock. DoorDash (NASDAQ:DASH) Price Target Raised to $225.00 at Jefferies Financial Group
- Positive Sentiment: DoorDash announced a Shopify integration that expands on-demand delivery options for brick-and-mortar and smaller merchants, which could broaden its merchant base and support order growth. DoorDash-Shopify Integration Creates On-Demand Delivery for Brick-and-Mortar Retailers
- Positive Sentiment: Another report highlighted DoorDash’s partnership with Shopify to offer delivery tools for smaller merchants, reinforcing the growth potential from platform integrations. DoorDash Partners With Shopify to Offer Delivery Options for Smaller Merchants
- Positive Sentiment: DoorDash was included in a favorable comparison of autonomous delivery stocks, with the trend toward automation seen as a potential long-term tailwind for last-mile delivery efficiency. Serve Robotics vs. DoorDash: Which Autonomous Delivery Stock Wins?
- Neutral Sentiment: DoorDash’s DashPass subscription was recognized for family-sharing benefits, which supports the brand but is unlikely to move the stock on its own. Best Online Food Delivery Subscription for Households (2026): DoorDash’s DashPass Recognized for Family Sharing Benefits by Expert Consumers
- Neutral Sentiment: DoorDash promoted DashPass discounts tied to “sweet treat week,” a consumer marketing effort that may support engagement but is not a major earnings driver. DoorDash sweet treat week deals: How to get DashPass discounts in 2026
- Negative Sentiment: A lawsuit filed over a 2025 motorcycle crash could create legal overhang and headline risk for DoorDash, though the direct financial impact is unclear at this stage. Newport News man files $25M lawsuit against DoorDash over 2025 motorcycle crash
DoorDash Stock Up 1.3%
Shares of NASDAQ:DASH opened at $190.16 on Thursday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.43 and a current ratio of 1.43. DoorDash, Inc. has a 1 year low of $143.30 and a 1 year high of $285.50. The stock has a market capitalization of $82.86 billion, a P/E ratio of 90.55 and a beta of 1.78. The stock has a 50-day simple moving average of $169.05 and a 200-day simple moving average of $177.96.
DoorDash (NASDAQ:DASH – Get Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $0.42 EPS for the quarter, beating the consensus estimate of $0.36 by $0.06. The firm 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%. DoorDash’s revenue for the quarter was up 33.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.44 earnings per share. Equities analysts forecast that DoorDash, Inc. will post 2.4 earnings per share for the current year.
Analysts Set New Price Targets
Several analysts have commented on the company. Piper Sandler lowered their price target on DoorDash from $220.00 to $205.00 and set a “neutral” rating for the company in a report on Thursday, May 7th. TD Cowen reiterated a “buy” rating on shares of DoorDash in a report on Wednesday. Stifel Nicolaus decreased their target price on shares of DoorDash from $215.00 to $185.00 and set a “hold” rating on the stock in a research report on Monday, April 13th. Truist Financial lowered their target price on shares of DoorDash from $340.00 to $330.00 and set a “buy” rating for the company in a report on Thursday, May 7th. Finally, Argus set a $190.00 price target on shares of DoorDash in a research report on Thursday, June 11th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat.com, DoorDash presently has an average rating of “Moderate Buy” and an average target price of $254.69.
Read Our Latest Stock Report on DASH
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.
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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).
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