DoorDash, Inc. $DASH Shares Sold by Stratos Wealth Advisors LLC

Stratos Wealth Advisors LLC trimmed its stake in shares of DoorDash, Inc. (NASDAQ:DASH) by 19.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 14,050 shares of the company’s stock after selling 3,286 shares during the quarter. Stratos Wealth Advisors LLC’s holdings in DoorDash were worth $3,821,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Brighton Jones LLC lifted its position in shares of DoorDash by 24.0% during the fourth 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 last quarter. Integrated Wealth Concepts LLC raised its stake in DoorDash by 21.5% during the first quarter. Integrated Wealth Concepts LLC now owns 1,715 shares of the company’s stock valued at $314,000 after buying an additional 303 shares in the last quarter. Empowered Funds LLC lifted its holdings in DoorDash by 3.6% during the 1st quarter. Empowered Funds LLC now owns 8,130 shares of the company’s stock worth $1,486,000 after buying an additional 285 shares during the last quarter. Sivia Capital Partners LLC grew its position in shares of DoorDash by 92.9% in the 2nd quarter. Sivia Capital Partners LLC now owns 4,255 shares of the company’s stock worth $1,049,000 after acquiring an additional 2,049 shares in the last quarter. Finally, IFP Advisors Inc increased its holdings in shares of DoorDash by 80.2% in the 2nd quarter. IFP Advisors Inc now owns 917 shares of the company’s stock valued at $226,000 after acquiring an additional 408 shares during the last quarter. Institutional investors own 90.64% of the company’s stock.

Insider Buying and Selling

In related news, CEO Tony Xu sold 16,667 shares of the stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $230.00, for a total value of $3,833,410.00. Following the completion of the transaction, the chief executive officer directly owned 1,500 shares of the company’s stock, valued at $345,000. This represents a 91.74% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, COO Prabir Adarkar sold 15,000 shares of the firm’s stock in a transaction that occurred on Tuesday, January 20th. The shares were sold at an average price of $204.59, for a total value of $3,068,850.00. Following the completion of the sale, the chief operating officer owned 874,130 shares in the company, valued at approximately $178,838,256.70. This represents a 1.69% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 604,135 shares of company stock valued at $124,509,080 in the last ninety days. Insiders own 5.83% of the company’s stock.

DoorDash News Summary

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Reminder of recurring grocery demand and partnership revenue: Coverage of Kroger’s turnaround highlights DoorDash as a continuing last‑mile partner for grocers — a signal that DoorDash can capture recurring, higher‑margin grocery/retail delivery revenue. Read More.
• Positive Sentiment: Fraud enforcement reduces a prior loss source: Sentencing in a $2.5M “phantom orders” scheme and related convictions suggest the company’s anti‑fraud measures and law‑enforcement cooperation are producing outcomes that limit future fraud losses. Read More.
• Neutral Sentiment: Noisy short‑interest data: Feeds show a “large increase” in short interest but published figures are inconsistent/erroneous (zeros/NaN). Until cleaned up, short‑interest reporting is unlikely to be a reliable driver of price action. (internal short‑interest entries)
• Neutral Sentiment: Analyst and earnings previews keep expectations cautious: Zacks flagged DoorDash as lacking the ideal setup for an earnings beat and broader valuation writeups call the stock’s P/E rich after recent weakness — this keeps upside limited until results and guidance land. Read More.
• Negative Sentiment: Insider selling: Director Shona L. Brown sold 1,250 shares (~3.7% reduction in her stake) at about $181 on Feb. 9 — a modest sale but one that can create negative headlines while sentiment is fragile. Read More.
• Negative Sentiment: Fatal hit‑and‑run and resulting lawsuits raise legal/reputational risk: Coverage of a Queens hit‑and‑run involving a DoorDash driver and subsequent family lawsuits could increase potential liability and regulatory scrutiny; such incidents weigh on investor sentiment. Read More.
• Negative Sentiment: Multiple driver incidents and legal claims add operational noise: Recent reports about driver arrests, a tasing incident, and immigration-related fallout increase perceived compliance and oversight costs for the platform. Read More.
• Negative Sentiment: Ongoing litigation headline risk: Multiple lawsuits tied to driver conduct remain pending—these could produce settlements, higher insurance or compliance costs, and continued negative press. Read More.

DoorDash Stock Down 5.5%

DASH stock opened at $175.47 on Thursday. The stock has a market cap of $75.63 billion, a PE ratio of 89.07 and a beta of 1.77. The firm’s 50-day simple moving average is $215.75 and its 200 day simple moving average is $235.16. DoorDash, Inc. has a fifty-two week low of $155.40 and a fifty-two week high of $285.50. The company has a quick ratio of 2.04, a current ratio of 2.04 and a debt-to-equity ratio of 0.29.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on DASH. Susquehanna reduced their price objective on DoorDash from $300.00 to $250.00 and set a “positive” rating on the stock in a research note on Friday, November 7th. BMO Capital Markets reissued an “outperform” rating on shares of DoorDash in a report on Friday, December 12th. DA Davidson restated a “neutral” rating and issued a $260.00 price target on shares of DoorDash in a research report on Thursday, November 6th. Needham & Company LLC lowered their price objective on shares of DoorDash from $300.00 to $275.00 and set a “buy” rating for the company in a research report on Friday, November 14th. Finally, Bank of America dropped their price objective on shares of DoorDash from $325.00 to $305.00 and set a “buy” rating on the stock in a research note on Thursday, November 6th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, DoorDash presently has a consensus rating of “Moderate Buy” and a consensus target price of $280.24.

DoorDash 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.