DoorDash, Inc. $DASH Stock: New York Life Investment Management LLC Increases Stake

Posted by Francis Steltz on Nov 11th, 2026

New York Life Investment Management LLC grew its position in DoorDash, Inc. (NASDAQ:DASH – Free Report) by 391.2% in the third quarter, Holdings Channel.com reports. The fund owned 259,271 shares of the company’s stock after buying an additional 206,484 shares during the period. New York Life Investment Management LLC’s holdings in DoorDash were worth $47,589,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Robeco Institutional Asset Management B.V. boosted its stake in DoorDash by 2,304.0% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 3,452,110 shares of the company’s stock valued at $633,635,000 after buying an additional 3,308,512 shares in the last quarter. Assenagon Asset Management S.A. grew its position in DoorDash by 372.0% in the third quarter. Assenagon Asset Management S.A. now owns 3,137,719 shares of the company’s stock valued at $575,928,000 after acquiring an additional 2,472,980 shares during the period. Janus Henderson Group PLC grew its position in DoorDash by 40.2% in the first quarter. Janus Henderson Group PLC now owns 7,762,553 shares of the company’s stock valued at $1,159,377,000 after acquiring an additional 2,225,954 shares during the period. Vontobel Holding Ltd. grew its position in DoorDash by 15,993.1% in the third quarter. Vontobel Holding Ltd. now owns 1,216,478 shares of the company’s stock valued at $223,285,000 after acquiring an additional 1,208,919 shares during the period. Finally, Temasek Holdings Private Ltd raised its stake in DoorDash by 49.4% during the first quarter. Temasek Holdings Private Ltd now owns 3,461,501 shares of the company’s stock worth $519,744,000 after acquiring an additional 1,145,078 shares in the last quarter. Institutional investors and hedge funds own 90.64% of the company’s stock.

DoorDash News Roundup

Here are the key news stories impacting DoorDash this week:

Positive Sentiment: Reports say AI agents have generated only a small number of orders on DoorDash and other delivery and ride-hailing apps, suggesting that agent-driven ordering is not yet a meaningful threat to DoorDash’s customer channel. Article: Almost nobody uses AI agents to order food or rides on apps like Uber
Neutral Sentiment: Coverage puts the proposed $17 billion Instacart deal in focus. DoorDash is described as growing quickly, while Instacart has argued the transaction should be approved given competition from Walmart and Amazon. The deal could offer strategic scale, but its approval and eventual execution remain important uncertainties for investors. Article: DoorDash (DASH) Is Growing Fast, but Its $17 Billion Instacart Deal Takes Center Stage Article: Instacart points to Walmart and Amazon as reasons its merger with DoorDash should be approved
Neutral Sentiment: Multiple outlets report that a Pennsylvania DoorDash driver is missing. The reports describe an ongoing search, not a company operational or financial development; any direct impact on DASH is unclear. Article: DoorDash driver mysteriously disappeared after making his last delivery, reports say
Negative Sentiment: Uber has asked an appeals court to keep a case involving DoorDash out of arbitration. The dispute adds legal uncertainty, though the article does not report a ruling or quantify potential financial exposure. Article: Uber Asks Appeals Court to Keep DoorDash Case Out of Arbitration

Analysts Set New Price Targets

A number of brokerages have issued reports on DASH. Moffett Nathanson cut their price objective on DoorDash from $280.00 to $278.00 and set a “buy” rating for the company in a report on Thursday, August 6th. Susquehanna upped their target price on shares of DoorDash from $225.00 to $250.00 and gave the stock a “positive” rating in a report on Friday, August 7th. Guggenheim reiterated a “buy” rating and set a $255.00 target price on shares of DoorDash in a research report on Wednesday, October 14th. Roth Capital increased their target price on shares of DoorDash from $200.00 to $220.00 and gave the stock a “neutral” rating in a research report on Monday, August 10th. Finally, Benchmark lifted their price target on shares of DoorDash from $270.00 to $295.00 in a report on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat.com, DoorDash presently has an average rating of “Moderate Buy” and a consensus price target of $249.82.

View Our Latest Analysis on DoorDash

Insider Buying and Selling

In other news, COO Prabir Adarkar sold 55,289 shares of the stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $231.76, for a total transaction of $12,813,778.64. Following the sale, the chief operating officer owned 930,211 shares in the company, valued at approximately $215,585,701.36. This represents a 5.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Andy Fang sold 15,000 shares of the firm’s stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $228.31, for a total value of $3,424,650.00. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 349,430 shares of company stock valued at $76,644,002. Insiders own 44.90% of the company’s stock.

DoorDash Stock Down 1.5%

NASDAQ DASH opened at $178.25 on Wednesday. The firm has a market cap of $77.71 billion, a PE ratio of 73.66, a price-to-earnings-growth ratio of 1.50 and a beta of 1.98. DoorDash, Inc. has a one year low of $143.30 and a one year high of $239.00. The stock’s 50 day simple moving average is $191.19 and its 200 day simple moving average is $182.24. 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 (NASDAQ:DASH – Get Free Report) last released its quarterly earnings results on Thursday, October 29th. The company reported $1.06 earnings per share for the quarter, beating analysts’ consensus estimates of $0.81 by $0.25. DoorDash had a return on equity of 10.40% and a net margin of 6.23%. The firm had revenue of $4.62 billion during the quarter, compared to analysts’ expectations of $4.56 billion. During the same period last year, the firm posted $0.55 EPS. The business’s revenue was up 34.0% on a year-over-year basis. As a group, sell-side analysts forecast that DoorDash, Inc. will post 2.69 earnings per share for the current fiscal year.

DoorDash Company Profile

(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.