Hidden Lake Asset Management LP Purchases Shares of 28,293 DoorDash, Inc. $DASH

Hidden Lake Asset Management LP acquired a new stake in shares of DoorDash, Inc. (NASDAQ:DASH) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 28,293 shares of the company’s stock, valued at approximately $7,695,000. DoorDash makes up about 1.0% of Hidden Lake Asset Management LP’s investment portfolio, making the stock its 14th largest position.

Several other hedge funds also recently made changes to their positions in the business. Norges Bank bought a new stake in shares of DoorDash in the 2nd quarter worth approximately $1,185,576,000. Vanguard Group Inc. increased its holdings in shares of DoorDash by 4.6% in the second quarter. Vanguard Group Inc. now owns 41,190,085 shares of the company’s stock valued at $10,153,768,000 after buying an additional 1,792,799 shares in the last quarter. Scge Management L.P. acquired a new stake in shares of DoorDash during the 2nd quarter valued at $267,463,000. Invesco Ltd. boosted its stake in shares of DoorDash by 18.2% during the 3rd quarter. Invesco Ltd. now owns 6,355,628 shares of the company’s stock worth $1,728,667,000 after acquiring an additional 980,148 shares in the last quarter. Finally, Ninety One UK Ltd bought a new stake in shares of DoorDash during the 3rd quarter worth $259,154,000. Institutional investors and hedge funds own 90.64% of the company’s stock.

Wall Street Analyst Weigh In

DASH has been the topic of a number of recent analyst reports. Sanford C. Bernstein cut their target price on DoorDash from $285.00 to $270.00 and set an “outperform” rating on the stock in a research report on Thursday, February 19th. Mizuho dropped their price target on DoorDash from $320.00 to $255.00 and set an “outperform” rating on the stock in a research note on Tuesday, March 3rd. Needham & Company LLC cut their price objective on DoorDash from $275.00 to $265.00 and set a “buy” rating on the stock in a report on Thursday, February 19th. Stifel Nicolaus reduced their price objective on shares of DoorDash from $253.00 to $224.00 and set a “hold” rating for the company in a research note on Tuesday, January 27th. Finally, Truist Financial raised their target price on shares of DoorDash from $330.00 to $340.00 and gave the stock a “buy” rating in a report on Thursday, February 19th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat, DoorDash currently has a consensus rating of “Moderate Buy” and an average price target of $262.82.

Insider Buying and Selling at DoorDash

In related news, CFO Ravi Inukonda sold 1,017 shares of the business’s stock in a transaction that occurred on Wednesday, January 14th. The shares were sold at an average price of $215.14, for a total transaction of $218,797.38. Following the transaction, the chief financial officer directly owned 208,412 shares of the company’s stock, valued at approximately $44,837,757.68. The trade was a 0.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Stanley Tang sold 45,410 shares of the company’s 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 205,409 shares of company stock valued at $45,332,298 in the last 90 days. Corporate insiders own 5.83% of the company’s stock.

DoorDash Stock Down 0.2%

NASDAQ:DASH opened at $161.36 on Monday. The business’s fifty day moving average price is $190.69 and its 200 day moving average price is $222.55. The firm has a market capitalization of $70.10 billion, a price-to-earnings ratio of 76.11 and a beta of 1.82. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.27. DoorDash, Inc. has a 1-year low of $155.40 and a 1-year high of $285.50.

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

Key DoorDash News

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Strong marketplace growth: Zacks reports DoorDash’s marketplace GOV jumped ~39% to $29.7B in Q4 2025 and Q1 2026 GOV is projected at $31B–$31.8B, signaling continued demand across restaurants, retail and grocery that supports revenue upside. Read More.
• Positive Sentiment: Retail partnership expansion: Convenience chain Casey’s launched a hunger‑relief campaign with DoorDash — a sign DoorDash is deepening local retail and grocery integrations that can lift GOV and merchant service fees. Read More.
• Positive Sentiment: Strong PR / brand goodwill from viral donor response: Multiple outlets report ~$500K raised for a 78‑year‑old DoorDash driver after a viral delivery video. This goodwill can help consumer sentiment and local brand reputation, though it’s unlikely to move fundamentals materially. Read More.
• Neutral Sentiment: Industry tech developments: Grubhub plans drone trials, joining DoorDash and Uber Eats in delivery experimentation — underscores industry innovation but also rising capex/tech competition risks. Read More.
• Negative Sentiment: Insider selling: Director Shona Brown sold 1,250 shares (disclosed in an SEC filing). While not large relative to institutional ownership, insider sales can weigh on short‑term sentiment. Read More.
• Negative Sentiment: Macro / geopolitical headwinds: Benzinga notes fresh geopolitical turmoil in the Middle East pressured shares — DoorDash is sensitive to consumer spending shifts and market volatility that can reduce order frequency. Read More.
• Negative Sentiment: Driver economics under pressure: Local reporting highlights rising gas prices squeezing Dashers in some regions — higher fuel costs can hurt driver supply, consumer prices, or DoorDash’s commission/marketing dynamics. Read More.

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.