iA Global Asset Management Inc. Sells 34,852 Shares of DoorDash, Inc. $DASH

iA Global Asset Management Inc. decreased its position in shares of DoorDash, Inc. (NASDAQ:DASH) by 26.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 97,051 shares of the company’s stock after selling 34,852 shares during the period. iA Global Asset Management Inc.’s holdings in DoorDash were worth $21,980,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. lifted its position in shares of DoorDash by 1.7% in the fourth quarter. Vanguard Group Inc. now owns 43,426,479 shares of the company’s stock worth $9,835,229,000 after buying an additional 713,571 shares in the last quarter. State Street Corp lifted its position in shares of DoorDash by 6.3% in the third quarter. State Street Corp now owns 15,296,624 shares of the company’s stock worth $4,160,529,000 after buying an additional 909,125 shares in the last quarter. Capital World Investors lifted its position in shares of DoorDash by 0.9% in the third quarter. Capital World Investors now owns 10,865,927 shares of the company’s stock worth $2,955,424,000 after buying an additional 95,278 shares in the last quarter. Invesco Ltd. lifted its position in shares of DoorDash by 18.2% in the third quarter. Invesco Ltd. now owns 6,355,628 shares of the company’s stock worth $1,728,667,000 after buying an additional 980,148 shares in the last quarter. Finally, Northern Trust Corp lifted its position in shares of DoorDash by 3.0% in the third quarter. Northern Trust Corp now owns 3,348,168 shares of the company’s stock worth $910,668,000 after buying an additional 96,012 shares in the last quarter. 90.64% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

DASH has been the topic of a number of research analyst reports. Needham & Company LLC reiterated a “buy” rating and issued a $265.00 target price on shares of DoorDash in a research report on Thursday, May 7th. Truist Financial decreased their target price on DoorDash from $340.00 to $330.00 and set a “buy” rating on the stock in a research report on Thursday, May 7th. Oppenheimer decreased their target price on DoorDash from $280.00 to $235.00 and set an “outperform” rating on the stock in a research report on Thursday, February 19th. Guggenheim dropped their price target on DoorDash from $275.00 to $255.00 and set a “buy” rating for the company in a research report on Thursday, February 19th. Finally, Rothschild & Co Redburn set a $350.00 price target on DoorDash in a research report on Tuesday. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $259.58.

Key Headlines Impacting DoorDash

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Rothschild & Co Redburn raised its price target on DoorDash to $350 from $300 and kept a Buy rating, citing confidence in the company’s long-term growth opportunity. Is DoorDash (DASH) the Best Depressed Stock to Buy in 2026?
• Positive Sentiment: Zacks Research upgraded DoorDash from “strong sell” to “hold,” which may be helping sentiment around the stock. Zacks.com
• Positive Sentiment: New merchant partnerships, including Urban Outfitters launching on DoorDash, show the platform expanding beyond restaurant delivery into broader commerce use cases. Urban Outfitters Just Launched on DoorDash

Insider Activity

In other news, Director Stanley Tang sold 21,433 shares of the company’s stock in a transaction that occurred 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 transaction, the director owned 19,279 shares of the company’s stock, valued at approximately $2,891,850. This represents a 52.65% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Shona L. Brown sold 1,250 shares of the company’s stock in a transaction that occurred 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 transaction, the director directly owned 31,002 shares in the company, valued at approximately $5,475,263.22. This represents a 3.88% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 42,683 shares of company stock valued at $6,908,813. 5.83% of the stock is currently owned by insiders.

DoorDash Trading Up 3.6%

DASH opened at $159.20 on Friday. The company has a current ratio of 1.43, a quick ratio of 1.43 and a debt-to-equity ratio of 0.27. The firm has a market cap of $69.37 billion, a P/E ratio of 75.81 and a beta of 1.87. DoorDash, Inc. has a 12 month low of $143.30 and a 12 month high of $285.50. The stock has a 50-day moving average of $164.58 and a 200 day moving average of $193.15.

DoorDash (NASDAQ:DASH) last announced its earnings results on Wednesday, May 6th. The company reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.06. The business had revenue of $4.04 billion during the quarter, compared to analyst estimates of $4.15 billion. DoorDash had a return on equity of 9.58% and a net margin of 6.29%.The company’s revenue for the quarter was up 33.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.44 earnings per share. As a group, research analysts forecast that DoorDash, Inc. will post 2.45 EPS for the current year.

DoorDash 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.