DoorDash, Inc. (NASDAQ:DASH) Shares Bought by Everhart Financial Group Inc.

Everhart Financial Group Inc. raised its stake in DoorDash, Inc. (NASDAQ:DASH) by 5.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,567 shares of the company’s stock after acquiring an additional 231 shares during the period. Everhart Financial Group Inc.’s holdings in DoorDash were worth $766,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Rakuten Securities Inc. raised its holdings in shares of DoorDash by 302.3% during the third quarter. Rakuten Securities Inc. now owns 173 shares of the company’s stock valued at $25,000 after buying an additional 130 shares during the last quarter. Princeton Global Asset Management LLC bought a new stake in shares of DoorDash during the fourth quarter valued at approximately $34,000. ORG Wealth Partners LLC bought a new stake in shares of DoorDash during the fourth quarter valued at approximately $36,000. MassMutual Private Wealth & Trust FSB raised its holdings in shares of DoorDash by 34.0% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 272 shares of the company’s stock valued at $46,000 after buying an additional 69 shares during the last quarter. Finally, Hollencrest Capital Management bought a new stake in shares of DoorDash during the third quarter valued at approximately $54,000. 90.64% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on DASH shares. The Goldman Sachs Group lifted their price target on DoorDash from $192.00 to $212.00 and gave the company a “neutral” rating in a report on Wednesday, February 12th. UBS Group lifted their price target on DoorDash from $200.00 to $204.00 and gave the company a “neutral” rating in a report on Wednesday, February 12th. Benchmark boosted their target price on DoorDash from $180.00 to $220.00 and gave the stock a “buy” rating in a report on Tuesday, February 11th. Citigroup boosted their target price on DoorDash from $211.00 to $240.00 and gave the stock a “buy” rating in a report on Wednesday, February 12th. Finally, Argus upgraded shares of DoorDash from a “hold” rating to a “buy” rating in a research report on Friday, December 20th. Nine investment analysts have rated the stock with a hold rating and twenty-five have assigned a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $205.45.

DoorDash Trading Up 3.8 %

DASH stock opened at $213.38 on Monday. DoorDash, Inc. has a 1 year low of $99.32 and a 1 year high of $214.64. The company has a fifty day simple moving average of $179.29 and a 200 day simple moving average of $158.14. The firm has a market cap of $88.64 billion, a PE ratio of -474.18, a PEG ratio of 2.04 and a beta of 1.72.

Insider Activity at DoorDash

In related news, Director Andy Fang sold 50,000 shares of DoorDash stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $176.66, for a total value of $8,833,000.00. Following the completion of the sale, the director now owns 16,176 shares of the company’s stock, valued at approximately $2,857,652.16. The trade was a 75.56 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Tony Xu sold 115,432 shares of the business’s stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $177.01, for a total transaction of $20,432,618.32. Following the transaction, the chief executive officer now directly owns 1,500 shares of the company’s stock, valued at approximately $265,515. This represents a 98.72 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 882,426 shares of company stock valued at $154,357,178. Insiders own 7.92% of the company’s stock.

DoorDash Company Profile

DoorDash, Inc, together with its subsidiaries, operates a commerce platform that connects merchants, consumers, and independent contractors in the United States and internationally. The company operates DoorDash Marketplace and Wolt Marketplace, which provide various services, such as customer acquisition, demand generation, order fulfillment, merchandising, payment processing, and customer support.