Mitsubishi UFJ Asset Management Co. Ltd. Acquires 53,722 Shares of DoorDash, Inc. $DASH

Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in DoorDash, Inc. (NASDAQ:DASH) by 7.1% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 806,191 shares of the company’s stock after purchasing an additional 53,722 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in DoorDash were worth $219,276,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in DASH. Greenland Capital Management LP grew its holdings in shares of DoorDash by 637.5% during the 2nd quarter. Greenland Capital Management LP now owns 23,572 shares of the company’s stock worth $5,811,000 after purchasing an additional 20,376 shares in the last quarter. Geode Capital Management LLC lifted its position in DoorDash by 2.9% during the second quarter. Geode Capital Management LLC now owns 7,951,230 shares of the company’s stock worth $1,950,711,000 after purchasing an additional 223,188 shares during the period. Caprock Group LLC acquired a new stake in DoorDash during the third quarter worth about $3,169,000. Williamson Legacy Group LLC bought a new position in DoorDash in the 2nd quarter valued at about $1,264,000. Finally, Brighton Jones LLC increased its holdings in DoorDash by 24.0% in the 4th quarter. Brighton Jones LLC now owns 9,336 shares of the company’s stock valued at $1,566,000 after buying an additional 1,807 shares during the period. Institutional investors and hedge funds own 90.64% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on DASH shares. Wedbush increased their price target on shares of DoorDash from $260.00 to $270.00 and gave the stock an “outperform” rating in a research report on Friday, December 19th. Piper Sandler restated a “neutral” rating and set a $220.00 target price (down from $230.00) on shares of DoorDash in a research note on Thursday, February 19th. Benchmark lifted their price target on DoorDash from $280.00 to $285.00 and gave the company a “buy” rating in a research note on Thursday, February 19th. Bank of America upped their price objective on DoorDash from $260.00 to $272.00 and gave the stock a “buy” rating in a research report on Thursday, February 19th. Finally, Mizuho reduced their price objective on DoorDash from $350.00 to $320.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 12th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $264.74.

Insider Buying and Selling at DoorDash

In related news, COO Prabir Adarkar sold 30,000 shares of DoorDash stock in a transaction that occurred on Monday, December 22nd. The shares were sold at an average price of $234.57, for a total transaction of $7,037,100.00. Following the sale, the chief operating officer directly owned 874,130 shares in the company, valued at $205,044,674.10. This trade represents a 3.32% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Tony Xu sold 16,667 shares of the business’s stock in a transaction that occurred on Thursday, December 18th. The stock was sold at an average price of $230.00, for a total transaction of $3,833,410.00. Following the sale, the chief executive officer directly owned 1,500 shares in the company, valued at $345,000. The trade was a 91.74% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 291,236 shares of company stock worth $63,380,925 in the last 90 days. Corporate insiders own 5.83% of the company’s stock.

Key Stories Impacting DoorDash

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Analysts continue to call DoorDash a core holding for internet investors, highlighting durable market share, strong consumer engagement and long-term monetization opportunities—supporting investor confidence. Why analysts see DoorDash as a ‘core holding’ for internet investors
• Positive Sentiment: Integration with Google’s Gemini (natural-language task automation) that can now order rides and DoorDash meals may increase ordering convenience and conversion over time—a constructive product-level catalyst. Gemini Can Now Book You an Uber or Order a DoorDash Meal on Your Phone. Here’s How It Works
• Positive Sentiment: DoorDash’s push into restaurant reservations (competing with Resy/OpenTable) represents a new engagement and revenue vector if it can monetize bookings and deepen restaurant relationships. Restaurant reservation wars heat up as DoorDash enters the arena with Resy, OpenTable
• Neutral Sentiment: Consumer lifestyle coverage (e.g., date-night features) keeps the brand visible but is unlikely to move near-term fundamentals. Spending date night at home? DoorDash has couples covered for a romantic night to remember
• Negative Sentiment: DoorDash announced it will wind down Deliveroo/Wolt operations in Qatar, Singapore, Japan and Uzbekistan to refocus on core markets. While this should cut losses in weak markets, it removes near‑term revenue and raised concerns about international execution—a clear reason for the stock’s volatility. DoorDash to Wind Down Deliveroo and Wolt Operations in Four Countries DoorDash exits 4 markets, including Japan, to focus on growth elsewhere DoorDash to Wind Down Deliveroo, Wolt Operations in Four Countries
• Negative Sentiment: An analyst downgrade after the exits caused shares to gap down earlier in the week, amplifying intraday volatility and prompting technical-sellers to step in. DoorDash (NASDAQ:DASH) Shares Gap Down Following Analyst Downgrade
• Negative Sentiment: Technical analysts flagged downside risk after the stock broke key levels amid the market exits—short-term technical pressure could add to selling if momentum weakens. DoorDash stock: technicals point to a dive as it exits key markets

DoorDash Trading Up 4.2%

NASDAQ DASH opened at $180.41 on Friday. DoorDash, Inc. has a twelve month low of $155.40 and a twelve month high of $285.50. The business’s fifty day moving average is $203.18 and its 200 day moving average is $228.77. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.27. The company has a market cap of $77.76 billion, a price-to-earnings ratio of 85.10 and a beta of 1.77.

DoorDash (NASDAQ:DASH) last posted its earnings results on Wednesday, February 18th. The company reported $0.48 EPS for the quarter, missing the consensus estimate of $0.58 by ($0.10). DoorDash had a net margin of 6.82% and a return on equity of 10.15%. The firm had revenue of $3.96 billion during the quarter, compared to the consensus estimate of $3.98 billion. During the same quarter in the prior year, the business posted $0.33 earnings per share. DoorDash’s revenue for the quarter was up 37.7% compared to the same quarter last year. As a group, sell-side analysts expect that DoorDash, Inc. will post 2.22 EPS for the current fiscal year.

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.