Krilogy Financial LLC Decreases Stock Position in DoorDash, Inc. $DASH

Krilogy Financial LLC cut its position in DoorDash, Inc. (NASDAQ:DASH) by 69.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,231 shares of the company’s stock after selling 5,031 shares during the quarter. Krilogy Financial LLC’s holdings in DoorDash were worth $467,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Physician Wealth Advisors Inc. boosted its stake in shares of DoorDash by 284.0% in the third quarter. Physician Wealth Advisors Inc. now owns 96 shares of the company’s stock valued at $26,000 after purchasing an additional 71 shares during the period. Eastern Bank boosted its stake in shares of DoorDash by 714.3% in the fourth quarter. Eastern Bank now owns 114 shares of the company’s stock valued at $26,000 after purchasing an additional 100 shares during the period. Sunbelt Securities Inc. boosted its stake in shares of DoorDash by 124.1% in the third quarter. Sunbelt Securities Inc. now owns 121 shares of the company’s stock valued at $33,000 after purchasing an additional 67 shares during the period. Morse Asset Management Inc purchased a new position in shares of DoorDash in the third quarter valued at $36,000. Finally, Sound Income Strategies LLC boosted its stake in shares of DoorDash by 2,760.0% in the third quarter. Sound Income Strategies LLC now owns 143 shares of the company’s stock valued at $39,000 after purchasing an additional 138 shares during the period. 90.64% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. Truist Financial upped their target price on shares of DoorDash from $330.00 to $340.00 and gave the company a “buy” rating in a research note on Thursday, February 19th. Citigroup decreased their target price on shares of DoorDash from $283.00 to $280.00 and set a “buy” rating for the company in a research note on Friday, February 20th. Citizens Jmp decreased their target price on shares of DoorDash from $285.00 to $250.00 and set a “market outperform” rating for the company in a research note on Friday, February 20th. Wolfe Research set a $270.00 price target on shares of DoorDash in a report on Monday, January 5th. Finally, The Goldman Sachs Group set a $267.00 price target on shares of DoorDash in a report on Monday, February 2nd. One investment analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, DoorDash currently has a consensus rating of “Moderate Buy” and a consensus target price of $261.32.

Insider Activity at DoorDash

In related news, Director Shona L. Brown sold 1,250 shares of the company’s stock in a transaction on Monday, March 9th. The shares were sold at an average price of $176.61, for a total value of $220,762.50. Following the sale, the director directly owned 31,002 shares of the company’s stock, valued at $5,475,263.22. This represents a 3.88% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Stanley Tang sold 21,433 shares of the stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $150.00, for a total transaction of $3,214,950.00. Following the sale, the director directly owned 19,279 shares in the company, valued at $2,891,850. This trade represents a 52.65% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 89,406 shares of company stock valued at $16,639,624 over the last ninety days. Corporate insiders own 5.83% of the company’s stock.

Key Headlines Impacting DoorDash

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: DoorDash announced a pilot to pay global merchants in stablecoins via integrations with Stripe/Tempo, which could speed cross‑border payouts, reduce FX/friction for some merchants and broaden merchant willingness to accept DoorDash. This is a strategic payments move that can improve working capital and expansion into new markets. Stablecoins Push Into Mainstream Payments as DoorDash Joins Tempo Network
• Neutral Sentiment: COO Prabir Adarkar sold 10,000 shares (~1.17% reduction in his position) under a pre‑arranged Rule 10b5‑1 plan, generating roughly $1.88M at ~\$188.34 per share. Insider sales can be read negatively, but the size is small relative to his holding and the trade was pre‑planned, so this is more likely routine liquidity than a sign of change in corporate outlook. DoorDash COO Sells $1,883,400.00 in Stock
• Negative Sentiment: A Seattle report from the city’s Office of Labor Standards found that its gig‑worker minimum pay ordinance increased pay and order volume, contradicting DoorDash’s claims that the law would harm the marketplace. The report could strengthen regulatory arguments for stricter local pay rules elsewhere, potentially raising delivery costs and pressuring margins if similar policies spread. Seattle report says gig worker pay law is working, countering claims by DoorDash and Uber
• Negative Sentiment: Local news reported a DoorDash driver was arrested during a delivery after authorities found outstanding warrants. While this is an isolated operational/reputational incident, it can raise short‑term PR concerns around driver vetting and safety protocols. Operational fixes would be incremental; reputation risk is limited unless incidents scale. Wanted DoorDash driver with warrants in multiple counties arrested in Mt. Juliet during delivery

DoorDash Trading Down 2.9%

DASH opened at $177.00 on Friday. The stock has a market capitalization of $76.89 billion, a PE ratio of 83.49 and a beta of 1.93. The firm’s fifty day moving average price is $166.44 and its 200 day moving average price is $203.72. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.41 and a quick ratio of 1.41. DoorDash, Inc. has a 12-month low of $143.30 and a 12-month high of $285.50.

DoorDash (NASDAQ:DASH) last posted its quarterly 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). The company had revenue of $3.96 billion during the quarter, compared to analyst estimates of $3.98 billion. DoorDash had a net margin of 6.82% and a return on equity of 10.15%. The company’s revenue was up 37.7% on a year-over-year basis. During the same period in the prior year, the company earned $0.33 earnings per share. As a group, research analysts expect that DoorDash, Inc. will post 2.51 EPS for the current fiscal year.

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.