Parkside Financial Bank & Trust Purchases 4,464 Shares of DoorDash, Inc. $DASH

Posted by Brenda Bartman on Sep 9th, 2026

Parkside Financial Bank & Trust lifted its position in shares of DoorDash, Inc. (NASDAQ:DASH – Free Report) by 978.9% during the 2nd quarter, Holdings Channel reports. The firm owned 4,920 shares of the company’s stock after purchasing an additional 4,464 shares during the quarter. Parkside Financial Bank & Trust’s holdings in DoorDash were worth $908,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of the company. MV Capital Management Inc. acquired a new stake in DoorDash in the 4th quarter valued at about $26,000. Sunbelt Securities Inc. grew its holdings in DoorDash by 124.1% during the third quarter. Sunbelt Securities Inc. now owns 121 shares of the company’s stock worth $33,000 after purchasing an additional 67 shares during the period. Swiss RE Ltd. bought a new stake in DoorDash in the fourth quarter valued at approximately $28,000. Morse Asset Management Inc acquired a new stake in shares of DoorDash in the third quarter valued at approximately $36,000. Finally, Kemnay Advisory Services Inc. acquired a new stake in shares of DoorDash in the fourth quarter valued at approximately $32,000. 90.64% of the stock is currently owned by institutional investors and hedge funds.

DoorDash News Roundup

Here are the key news stories impacting DoorDash this week:

Positive Sentiment: DoorDash is partnering with SKIMS to provide on-demand delivery for last-minute wardrobe needs. The arrangement expands DoorDash’s non-restaurant retail business and could increase order frequency and consumer use cases. SKIMS DoorDash partnership
Positive Sentiment: DoorDash is promoting football-season rewards, including a large cash prize, a vehicle and other incentives. The campaign is designed to drive weekend orders and customer engagement, although the direct financial impact is uncertain. DoorDash football rewards
Positive Sentiment: A Seeking Alpha analysis maintained a bullish view, citing 36% year-over-year second-quarter revenue growth to $4.45 billion, 23% organic marketplace GOV growth and a 40% increase in adjusted EBITDA to $914 million. The report also highlighted continued DashPass subscriber growth and margin expansion. DoorDash growth analysis
Positive Sentiment: DoorDash Labs was named Innovation Team of the Year, providing reputational support for the company’s technology and logistics initiatives, though the award has limited near-term earnings significance. DoorDash Labs award
Neutral Sentiment: Media coverage of an individual delivery experience and DoorDash tipping does not appear material to the company’s financial outlook. DoorDash delivery story
Negative Sentiment: Director Andy Fang sold 15,000 DASH shares for approximately $3.42 million under a pre-arranged Rule 10b5-1 plan. Another report cited roughly $6.97 million in director stock sales. Planned transactions reduce the signal’s significance, but insider selling can weigh on sentiment, particularly while DASH trades at a high earnings multiple. DoorDash insider sale

Insider Activity at DoorDash

In other news, COO Prabir Adarkar sold 55,289 shares of the business’s stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $231.76, for a total value of $12,813,778.64. Following the completion of the sale, the chief operating officer owned 930,211 shares of the company’s stock, valued at approximately $215,585,701.36. The trade was a 5.61% decrease in their ownership of the stock. The sale 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, Director Stanley Tang sold 30,835 shares of the company’s stock in a transaction dated Wednesday, September 2nd. The shares were sold at an average price of $225.98, for a total transaction of $6,968,093.30. Following the completion of the transaction, the director owned 10,361 shares in the company, valued at $2,341,378.78. This trade represents a 74.85% 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. In the last ninety days, insiders have sold 399,553 shares of company stock valued at $87,034,140. 44.90% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. Citigroup reissued a “market outperform” rating on shares of DoorDash in a report on Monday, August 24th. Susquehanna lifted their price objective on shares of DoorDash from $225.00 to $250.00 and gave the stock a “positive” rating in a research report on Friday, August 7th. Piper Sandler reiterated a “neutral” rating and issued a $220.00 price objective (up from $205.00) on shares of DoorDash in a report on Thursday, August 6th. Jefferies Financial Group increased their price objective on shares of DoorDash from $220.00 to $225.00 and gave the company a “buy” rating in a research report on Tuesday, July 14th. Finally, TD Cowen raised their target price on shares of DoorDash from $225.00 to $240.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $256.97.

Check Out Our Latest Analysis on DASH

DoorDash Price Performance

Shares of NASDAQ DASH opened at $200.44 on Wednesday. The firm has a market cap of $86.85 billion, a P/E ratio of 104.94 and a beta of 1.79. The business’s 50 day moving average is $204.67 and its 200-day moving average is $179.21. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 0.27. DoorDash, Inc. has a 1-year low of $143.30 and a 1-year high of $285.50.

DoorDash (NASDAQ:DASH – Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.46 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.47 by ($0.01). DoorDash had a net margin of 5.29% and a return on equity of 8.48%. The firm had revenue of $4.45 billion during the quarter, compared to the consensus estimate of $4.34 billion. During the same quarter last year, the firm earned $0.65 earnings per share. The business’s revenue for the quarter was up 35.6% compared to the same quarter last year. Equities research analysts predict that DoorDash, Inc. will post 2.49 earnings per share for the current year.

DoorDash Company Profile

(Free Report)

DoorDash, Inc operates a local commerce platform that connects consumers with merchants and independent delivery workers. Its marketplace enables customers to order meals from restaurants as well as groceries, convenience items, alcohol where permitted, and products from other retail businesses through its websites and mobile applications.

The company also provides services designed to support merchants, including delivery logistics, online ordering, marketing, payment processing, and customer-engagement tools.