Pacer Advisors Inc. lessened its position in shares of DoorDash, Inc. (NASDAQ:DASH – Free Report) by 44.2% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 32,917 shares of the company’s stock after selling 26,059 shares during the quarter. Pacer Advisors Inc.’s holdings in DoorDash were worth $4,942,000 at the end of the most recent reporting period.
A number of other hedge funds have also modified their holdings of DASH. MV Capital Management Inc. acquired a new stake in shares of DoorDash during the fourth quarter worth about $26,000. Swiss RE Ltd. acquired a new position in DoorDash in the 4th quarter worth approximately $28,000. ST Germain D J Co. Inc. purchased a new position in DoorDash during the 4th quarter worth approximately $29,000. Kemnay Advisory Services Inc. purchased a new position in DoorDash during the 4th quarter worth approximately $32,000. Finally, Sunbelt Securities Inc. lifted its stake in DoorDash by 124.1% during the 3rd quarter. Sunbelt Securities Inc. now owns 121 shares of the company’s stock valued at $33,000 after acquiring an additional 67 shares during the period. 90.64% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several research analysts recently issued reports on DASH shares. DA Davidson reduced their target price on shares of DoorDash from $224.00 to $200.00 and set a “neutral” rating for the company in a report on Thursday, May 7th. Truist Financial cut their price target on DoorDash from $340.00 to $330.00 and set a “buy” rating on the stock in a research report on Thursday, May 7th. Susquehanna reduced their price objective on DoorDash from $250.00 to $225.00 and set a “positive” rating for the company in a research note on Friday, May 8th. Argus set a $190.00 price objective on DoorDash in a report on Thursday, June 11th. Finally, Stifel Nicolaus lowered their target price on DoorDash from $215.00 to $185.00 and set a “hold” rating on the stock in a research note on Monday, April 13th. One research analyst has rated the stock with a Strong Buy rating, twenty-four have given a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, DoorDash has a consensus rating of “Moderate Buy” and a consensus price target of $252.72.
Insider Buying and Selling
In related news, Director Andy Fang sold 5,000 shares of the stock in a transaction that occurred on Wednesday, June 24th. The stock was sold at an average price of $180.00, for a total value of $900,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Tia Sherringham sold 2,743 shares of the firm’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $160.79, for a total value of $441,046.97. Following the completion of the sale, the general counsel directly owned 128,216 shares of the company’s stock, valued at $20,615,850.64. This trade represents a 2.09% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 142,620 shares of company stock worth $26,822,778 in the last ninety days. Company insiders own 5.28% of the company’s stock.
Key DoorDash News
Here are the key news stories impacting DoorDash this week:
- Positive Sentiment: Second-quarter revenue rose 35.6% year over year to $4.45 billion, exceeding the $4.34 billion analyst consensus. DoorDash also reported continued growth in its marketplaces, membership programs and monthly active users, supporting the company’s expansion narrative. DoorDash Releases Second Quarter 2026 Financial Results
- Positive Sentiment: UBS forecast substantial potential appreciation for DASH, reinforcing the view that the stock’s long-term growth prospects remain attractive. UBS Group Forecasts Strong Price Appreciation for DoorDash Stock
- Positive Sentiment: DoorDash remains positioned to benefit from increasing interest in the gig economy, with analysts identifying DASH as one of the stocks to monitor alongside Uber and Etsy. Gig Economy Stocks to Monitor
DoorDash Stock Performance
Shares of NASDAQ DASH opened at $207.27 on Thursday. The company’s fifty day moving average price is $178.38 and its 200 day moving average price is $174.43. DoorDash, Inc. has a 1 year low of $143.30 and a 1 year high of $285.50. The company has a market capitalization of $90.31 billion, a PE ratio of 98.70 and a beta of 1.78. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.43 and a current ratio of 1.43.
DoorDash (NASDAQ:DASH – Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $0.46 EPS for the quarter, missing the consensus estimate of $0.47 by ($0.01). DoorDash had a net margin of 6.29% and a return on equity of 9.58%. The business had revenue of $4.45 billion during the quarter, compared to analyst estimates of $4.34 billion. During the same period in the previous year, the business posted $0.65 earnings per share. The firm’s revenue for the quarter was up 35.6% on a year-over-year basis. On average, research analysts predict that DoorDash, Inc. will post 2.38 earnings per share for the current 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.
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