Rakuten Investment Management Inc. Makes New $2.05 Million Investment in DoorDash, Inc. $DASH

Rakuten Investment Management Inc. acquired a new stake in shares of DoorDash, Inc. (NASDAQ:DASH) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 7,547 shares of the company’s stock, valued at approximately $2,053,000.

Several other institutional investors and hedge funds have also modified their holdings of DASH. GFG Capital LLC acquired a new stake in DoorDash during the 2nd quarter worth approximately $30,000. Sound Income Strategies LLC increased its position in shares of DoorDash by 2,760.0% during the third quarter. Sound Income Strategies LLC now owns 143 shares of the company’s stock worth $39,000 after acquiring an additional 138 shares in the last quarter. Asset Planning Inc acquired a new stake in shares of DoorDash during the third quarter worth $50,000. CX Institutional raised its holdings in shares of DoorDash by 3,660.0% during the third quarter. CX Institutional now owns 188 shares of the company’s stock worth $51,000 after acquiring an additional 183 shares during the period. Finally, Salomon & Ludwin LLC lifted its position in DoorDash by 233.3% in the 3rd quarter. Salomon & Ludwin LLC now owns 190 shares of the company’s stock valued at $52,000 after acquiring an additional 133 shares in the last quarter. 90.64% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director Stanley Tang sold 45,410 shares of the business’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $205.07, for a total transaction of $9,312,228.70. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, COO Prabir Adarkar sold 30,000 shares of the company’s stock in a transaction dated 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 completion of the sale, the chief operating officer directly owned 874,130 shares in the company, valued at approximately $205,044,674.10. The trade was a 3.32% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 632,885 shares of company stock worth $133,222,817. Corporate insiders own 5.83% of the company’s stock.

DoorDash News Summary

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: DoorDash says it applied AI across chat and calls to detect and defuse unsafe interactions, cutting reported incidents by ~50% — a meaningful operational improvement that can reduce liability, lower driver churn and improve marketplace trust. DoorDash Applies AI to Safety Across Chat and Calls, Cutting Incidents by 50%
• Positive Sentiment: Hibbett launched on DoorDash nationwide, expanding DoorDash’s retail assortment beyond food and groceries — a distribution win that supports revenue diversification and incremental GMV. Hibbett Launches on DoorDash
• Neutral Sentiment: Severe weather coverage warns consumers/drivers to avoid driving during a D-FW winter storm — a temporary drop in delivery activity in affected regions but not a company-specific structural issue. Should you Uber, Lyft, Doordash during D-FW winter storm?
• Negative Sentiment: A federal judge rejected DoorDash and Uber’s bid to block New York City’s tipping rules and related mandates (including a required 10% tip prompt) — a legal setback that increases the chance of changes that could boost customer tips but pressure platform commissions and take-rates in a major market. Judge rejects DoorDash, Uber bid to block NYC tipping laws Doordash, Uber fail to stop NYC law requiring 10% tip prompt
• Negative Sentiment: COO Prabir Adarkar sold 15,000 shares (~1.7% reduction of his recent position) — an insider sale that can weigh on sentiment even though his remaining stake remains large. SEC filing and coverage noted the trade. DoorDash COO Prabir Adarkar Sells 15,000 Shares
• Negative Sentiment: KeyCorp cut its price target to $275 — a downward analyst revision that can temper buy-side enthusiasm and price momentum. KeyCorp Lowers DoorDash Price Target
• Negative Sentiment: Recent reports of assaults and a knife threat against DoorDash drivers highlight ongoing safety risks that tie back to liability, insurance and retention costs despite the company’s AI safety push. Police look for man accused of flashing a knife at a DoorDash driver DoorDash driver reports armed robbery during delivery

DoorDash Stock Down 0.2%

NASDAQ:DASH opened at $207.23 on Friday. DoorDash, Inc. has a twelve month low of $155.40 and a twelve month high of $285.50. The firm has a market capitalization of $89.32 billion, a price-to-earnings ratio of 105.19 and a beta of 1.70. The company has a quick ratio of 2.04, a current ratio of 2.04 and a debt-to-equity ratio of 0.29. The stock’s 50 day moving average price is $217.08 and its two-hundred day moving average price is $239.18.

DoorDash (NASDAQ:DASH) last released its quarterly earnings data on Wednesday, November 5th. The company reported $0.55 EPS for the quarter, missing the consensus estimate of $0.68 by ($0.13). The company had revenue of $3.45 billion during the quarter, compared to analyst estimates of $3.35 billion. DoorDash had a net margin of 6.83% and a return on equity of 9.97%. The company’s quarterly revenue was up 27.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.38 EPS. Equities research analysts expect that DoorDash, Inc. will post 2.22 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have issued reports on DASH. Benchmark increased their target price on DoorDash from $315.00 to $320.00 and gave the stock a “buy” rating in a report on Tuesday, November 4th. Needham & Company LLC dropped their target price on DoorDash from $300.00 to $275.00 and set a “buy” rating on the stock in a research report on Friday, November 14th. The Goldman Sachs Group cut their target price on DoorDash from $315.00 to $279.00 and set a “buy” rating on the stock in a research note on Friday, November 7th. KeyCorp reduced their price target on DoorDash from $280.00 to $275.00 and set an “overweight” rating for the company in a research report on Tuesday. Finally, Mizuho lowered their price objective on shares of DoorDash from $350.00 to $320.00 and set an “outperform” rating on the stock in a report on Wednesday, November 12th. Three research analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $281.26.

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.