DoorDash, Inc. $DASH Shares Sold by ProShare Advisors LLC

ProShare Advisors LLC trimmed its position in shares of DoorDash, Inc. (NASDAQ:DASH) by 17.1% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 501,835 shares of the company’s stock after selling 103,548 shares during the quarter. ProShare Advisors LLC’s holdings in DoorDash were worth $136,494,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Oppenheimer & Co. Inc. raised its position in shares of DoorDash by 66.8% in the third quarter. Oppenheimer & Co. Inc. now owns 4,741 shares of the company’s stock valued at $1,290,000 after buying an additional 1,898 shares during the last quarter. Candriam S.C.A. raised its holdings in DoorDash by 4.8% in the 3rd quarter. Candriam S.C.A. now owns 25,846 shares of the company’s stock valued at $7,030,000 after acquiring an additional 1,180 shares during the last quarter. New York Life Investment Management LLC raised its holdings in DoorDash by 4.6% in the 3rd quarter. New York Life Investment Management LLC now owns 53,738 shares of the company’s stock valued at $14,616,000 after acquiring an additional 2,371 shares during the last quarter. Fielder Capital Group LLC boosted its holdings in shares of DoorDash by 9.2% during the 3rd quarter. Fielder Capital Group LLC now owns 930 shares of the company’s stock worth $253,000 after purchasing an additional 78 shares during the last quarter. Finally, Smartleaf Asset Management LLC boosted its holdings in shares of DoorDash by 80.2% during the 3rd quarter. Smartleaf Asset Management LLC now owns 2,166 shares of the company’s stock worth $590,000 after purchasing an additional 964 shares during the last quarter. Institutional investors and hedge funds own 90.64% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Truist Financial lifted their price objective on DoorDash from $326.00 to $340.00 and gave the stock a “buy” rating in a research report on Thursday, October 23rd. Benchmark lifted their price target on DoorDash from $315.00 to $320.00 and gave the stock a “buy” rating in a report on Tuesday, November 4th. DA Davidson reissued a “neutral” rating and set a $260.00 price target on shares of DoorDash in a research report on Thursday, November 6th. Stifel Nicolaus cut their price objective on shares of DoorDash from $253.00 to $224.00 and set a “hold” rating for the company in a research report on Tuesday, January 27th. Finally, Wolfe Research set a $270.00 target price on shares of DoorDash in a report on Monday, January 5th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $279.09.

DoorDash Stock Performance

NASDAQ:DASH opened at $182.47 on Monday. DoorDash, Inc. has a 12 month low of $155.40 and a 12 month high of $285.50. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.04 and a quick ratio of 2.04. The firm has a market capitalization of $78.64 billion, a PE ratio of 92.62 and a beta of 1.77. The business’s fifty day moving average price is $217.70 and its 200 day moving average price is $236.44.

Insider Transactions at DoorDash

In related news, Director Stanley Tang sold 45,410 shares of the stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $222.53, for a total value of $10,105,087.30. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Andy Fang sold 30,000 shares of DoorDash stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $222.52, for a total transaction of $6,675,600.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 602,885 shares of company stock valued at $124,282,480 over the last three months. 5.83% of the stock is owned by corporate insiders.

Key DoorDash News

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

About DoorDash

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.