DoorDash, Inc. $DASH Shares Acquired by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. raised its stake in shares of DoorDash, Inc. (NASDAQ:DASH) by 27.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 228,189 shares of the company’s stock after buying an additional 49,377 shares during the period. Envestnet Asset Management Inc. owned approximately 0.05% of DoorDash worth $62,065,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the stock. Physician Wealth Advisors Inc. lifted its position in DoorDash by 284.0% in the third quarter. Physician Wealth Advisors Inc. now owns 96 shares of the company’s stock worth $26,000 after purchasing an additional 71 shares during the period. Sound Income Strategies LLC grew its holdings in DoorDash by 2,760.0% during the third quarter. Sound Income Strategies LLC now owns 143 shares of the company’s stock worth $39,000 after acquiring an additional 138 shares during the period. Annis Gardner Whiting Capital Advisors LLC raised its position in DoorDash by 74.3% in the third quarter. Annis Gardner Whiting Capital Advisors LLC now owns 176 shares of the company’s stock worth $48,000 after acquiring an additional 75 shares in the last quarter. Asset Planning Inc acquired a new stake in DoorDash in the 3rd quarter valued at about $50,000. Finally, CX Institutional boosted its position in shares of DoorDash by 3,660.0% during the 3rd quarter. CX Institutional now owns 188 shares of the company’s stock valued at $51,000 after purchasing an additional 183 shares in the last quarter. 90.64% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director Stanley Tang sold 45,410 shares of the stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $209.01, for a total transaction of $9,491,144.10. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CFO Ravi Inukonda sold 1,017 shares of the business’s stock in a transaction on Wednesday, January 14th. The stock was sold at an average price of $215.14, for a total transaction of $218,797.38. Following the completion of the sale, the chief financial officer owned 208,412 shares of the company’s stock, valued at $44,837,757.68. The trade was a 0.49% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 602,885 shares of company stock valued at $124,282,480. 5.83% of the stock is owned by corporate insiders.

Trending Headlines about DoorDash

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Major Super Bowl marketing push — DoorDash launched its “Big Beef” / “Beef 101” campaign starring 50 Cent, a high‑visibility ad buy that should boost brand awareness and order volume around a peak spending moment. DoorDash’s Super Bowl LX ad ‘Beef 101’
• Positive Sentiment: Payment expansion increases addressable market — DoorDash expanded SNAP/EBT acceptance to additional grocers and retailers (Wegmans, CVS, Lowes Foods, Rouses, Dierbergs), likely supporting more grocery/retail orders from lower‑income households. DoorDash Expands SNAP/EBT Payment
• Positive Sentiment: Community and local PR — Project DASH delivered 500+ meals to Queens Medicaid recipients, reinforcing local goodwill and corporate social responsibility. Project DASH to the rescue
• Neutral Sentiment: Analyst coverage mostly constructive — Sell‑side firms continue to lean buy/outperform despite some target trims, signaling confidence in long‑term monetization even as DoorDash invests. Buy Rating Upheld
• Neutral Sentiment: Consumer features and lifestyle coverage — Gift guides and opinion pieces keep the brand top‑of‑mind but are unlikely to move fundamentals materially. Last-Minute DoorDash Gifts
• Negative Sentiment: Significant insider selling — Co‑founder/director Stanley Tang sold ~45,410 shares (~$9.49M at reported prices) in early February; a director (Ashley Still) also sold a small parcel. Large insider sales can increase perceived supply and pressure sentiment. Stanley Tang Form 4 (SEC) Ashley Still Form 4 (SEC)
• Negative Sentiment: Isolated delivery incident and local PR risk — A reported customer incident caught on camera is a reminder of operational/quality control risks; isolated now but could matter if incidents accumulate. Toledo delivery incident

Wall Street Analyst Weigh In

DASH has been the subject of several recent research reports. Needham & Company LLC cut their target price on shares of DoorDash from $300.00 to $275.00 and set a “buy” rating for the company in a research note on Friday, November 14th. BNP Paribas Exane started coverage on DoorDash in a report on Wednesday, January 14th. They issued an “outperform” rating and a $280.00 target price on the stock. The Goldman Sachs Group set a $267.00 target price on DoorDash in a report on Monday, February 2nd. BTIG Research reaffirmed a “buy” rating and set a $315.00 price objective on shares of DoorDash in a research note on Thursday, November 6th. Finally, Mizuho dropped their target price on shares of DoorDash from $350.00 to $320.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 12th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $279.09.

DoorDash Price Performance

NASDAQ DASH opened at $182.47 on Monday. The company has a 50 day moving average price of $217.70 and a two-hundred day moving average price of $236.44. DoorDash, Inc. has a 12-month low of $155.40 and a 12-month high of $285.50. The stock has a market capitalization of $78.64 billion, a PE ratio of 92.62 and a beta of 1.77. The company has a quick ratio of 2.04, a current ratio of 2.04 and a debt-to-equity ratio of 0.29.

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.