DoorDash, Inc. $DASH Shares Sold by Franklin Resources Inc.

Franklin Resources Inc. trimmed its position in DoorDash, Inc. (NASDAQ:DASH) by 5.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,785,430 shares of the company’s stock after selling 199,649 shares during the quarter. Franklin Resources Inc. owned about 0.89% of DoorDash worth $1,029,599,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in DASH. Quadrant Capital Group LLC increased its holdings in shares of DoorDash by 2.1% during the 3rd quarter. Quadrant Capital Group LLC now owns 6,452 shares of the company’s stock worth $1,755,000 after buying an additional 133 shares during the last quarter. Van ECK Associates Corp acquired a new position in DoorDash in the third quarter valued at approximately $855,000. Capital World Investors grew its position in DoorDash by 0.9% in the third quarter. Capital World Investors now owns 10,865,927 shares of the company’s stock worth $2,955,424,000 after acquiring an additional 95,278 shares during the period. Legal & General Group Plc grew its position in DoorDash by 5.9% in the third quarter. Legal & General Group Plc now owns 2,265,406 shares of the company’s stock worth $616,166,000 after acquiring an additional 126,457 shares during the period. Finally, Pinkerton Wealth LLC increased its stake in DoorDash by 3.5% during the third quarter. Pinkerton Wealth LLC now owns 4,287 shares of the company’s stock worth $1,166,000 after acquiring an additional 143 shares during the last quarter. Hedge funds and other institutional investors own 90.64% of the company’s stock.

DoorDash Price Performance

DASH stock opened at $169.93 on Wednesday. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.27. The company has a market capitalization of $73.82 billion, a PE ratio of 80.16 and a beta of 1.82. DoorDash, Inc. has a 12-month low of $155.40 and a 12-month high of $285.50. The business’s fifty day moving average price is $194.30 and its 200 day moving average price is $224.29.

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

Insider Activity at DoorDash

In related news, COO Prabir Adarkar sold 15,000 shares of DoorDash 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 transaction, the chief operating officer owned 874,130 shares in the company, valued at approximately $178,838,256.70. The trade was a 1.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Stanley Tang sold 45,410 shares of DoorDash stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $209.01, for a total transaction of $9,491,144.10. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 204,159 shares of company stock valued at $45,111,536. 5.83% of the stock is owned by company insiders.

Analyst Ratings Changes

DASH has been the topic of several recent analyst reports. Morgan Stanley reaffirmed an “overweight” rating and issued a $275.00 price target on shares of DoorDash in a research note on Thursday, February 19th. KeyCorp raised their price objective on DoorDash from $275.00 to $280.00 and gave the stock an “overweight” rating in a research report on Thursday, February 19th. Needham & Company LLC decreased their target price on shares of DoorDash from $275.00 to $265.00 and set a “buy” rating on the stock in a research report on Thursday, February 19th. Mizuho lowered their target price on shares of DoorDash from $320.00 to $255.00 and set an “outperform” rating for the company in a research note on Tuesday, March 3rd. Finally, Zacks Research upgraded shares of DoorDash from a “strong sell” rating to a “hold” rating in a research report on Thursday, February 12th. One analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $262.82.

Trending Headlines about DoorDash

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Promotions: DoorDash appears in roundups of gift-card deals that can drive near-term order volume and pre-paid cash flow for the platform. Gift card deals
• Neutral Sentiment: Short-interest report looks anomalous (shows increases but lists zero shares/NaN), suggesting a data/reporting error rather than a material change in bearish positioning; monitor for corrected filings.
• Neutral Sentiment: Brand engagement pieces (e.g., local Easter candy popularity) and consumer-interest stories are marketing touchpoints but unlikely to move fundamentals. Easter candy story
• Negative Sentiment: Data breach: DoorDash notified users of a breach, which raises short-term reputational risk, potential remediation costs and regulatory scrutiny—negative for sentiment until scope and impact are clarified. Data breach
• Negative Sentiment: Analyst/valuation pressure: A Zacks piece highlights DASH’s ~32% decline over six months, citing fierce competition and valuation concerns despite order growth—reinforces bearish investor narratives. Zacks valuation piece
• Negative Sentiment: Driver-related safety & operational stories: multiple reports of scams targeting drivers, an arrest of a DoorDash driver, and customer complaints about driver responsibilities create incremental reputational and operational concerns that could pressure margins or recruitment. Driver scam Driver arrest Driver responsibility complaint

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.