DoorDash, Inc. $DASH Stake Boosted by Sterling Capital Management LLC

Sterling Capital Management LLC lifted its holdings in shares of DoorDash, Inc. (NASDAQ:DASH) by 33.1% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 23,401 shares of the company’s stock after buying an additional 5,815 shares during the period. Sterling Capital Management LLC’s holdings in DoorDash were worth $4,295,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Activest Wealth Management grew its holdings in DoorDash by 892.9% during the third quarter. Activest Wealth Management now owns 139 shares of the company’s stock worth $26,000 after acquiring an additional 125 shares during the period. Washington Trust Advisors Inc. raised its position in DoorDash by 81.0% in the second quarter. Washington Trust Advisors Inc. now owns 143 shares of the company’s stock worth $26,000 after acquiring an additional 64 shares in the last quarter. City State Bank raised its position in DoorDash by 56.0% in the third quarter. City State Bank now owns 156 shares of the company’s stock worth $29,000 after acquiring an additional 56 shares in the last quarter. Clark Wealth Partners lifted its holdings in DoorDash by 833.3% in the third quarter. Clark Wealth Partners now owns 196 shares of the company’s stock valued at $36,000 after acquiring an additional 175 shares during the period. Finally, CENTRAL TRUST Co lifted its holdings in DoorDash by 269.4% in the first quarter. CENTRAL TRUST Co now owns 266 shares of the company’s stock valued at $40,000 after acquiring an additional 194 shares during the period. 90.64% of the stock is owned by hedge funds and other institutional investors.

DoorDash Stock Performance

Shares of DASH stock opened at $179.38 on Friday. The stock has a fifty day moving average price of $202.18 and a 200 day moving average price of $185.14. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.37 and a current ratio of 1.37. The stock has a market cap of $77.73 billion, a PE ratio of 93.92 and a beta of 1.90. DoorDash, Inc. has a 1 year low of $143.30 and a 1 year high of $269.00.

DoorDash (NASDAQ:DASH) last posted its earnings results on Wednesday, August 5th. The company reported $0.46 EPS for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.01). DoorDash had a return on equity of 8.48% and a net margin of 5.29%. The firm had revenue of $4.45 billion for the quarter, compared to analysts’ expectations of $4.34 billion. During the same quarter in the previous year, the firm posted $0.65 earnings per share. The firm’s revenue for the quarter was up 35.6% compared to the same quarter last year. Sell-side analysts forecast that DoorDash, Inc. will post 2.51 earnings per share for the current fiscal year.

More DoorDash News

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Potential Instacart deal: DoorDash is reportedly among the companies discussing a possible acquisition of Instacart, which is valued at approximately $12 billion. A transaction could strengthen DoorDash’s position in grocery and local commerce, although the report does not indicate that a deal is imminent and any acquisition would carry financing, integration and regulatory risks. Instacart explores potential sale, holds talks with Uber and DoorDash
• Positive Sentiment: Analyst support: BTIG Research assigned DoorDash a Buy rating, providing a positive signal for investor sentiment and reinforcing the view that the company’s local-commerce expansion and growth prospects remain attractive. DoorDash earns Buy rating from BTIG Research
• Neutral Sentiment: Mixed consumer-stock comparison: An investor comparison described Airbnb as having a strong travel-market position while highlighting DoorDash’s rapid revenue growth and expansion beyond restaurant delivery. The article does not provide a new company-specific catalyst. Airbnb vs. DoorDash: Which Consumer Stock Is a Better Buy in 2026?
• Neutral Sentiment: Operational and reputational headlines: Reports described a DoorDash driver being killed in California, another driver and a family member being ambushed, and an unrelated criminal investigation in which cleaning supplies were allegedly ordered through DoorDash. These incidents could increase scrutiny of driver and platform safety, but they currently appear unlikely to materially affect financial results. Arrest made after California DoorDash driver found dead in Tesla trunk
• Negative Sentiment: Increasing competition: A new rival reportedly offers lower menu prices, while Grubhub’s co-founder has returned with a delivery service featuring a $1 fee. Lower pricing and aggressive fee competition could pressure DoorDash’s order volumes, merchant economics and margins. DoorDash and Uber Eats have a new rival offering lower menu prices
• Negative Sentiment: Delivery-worker dissatisfaction: Online debate over $1 and $2 tips highlights ongoing challenges around driver pay and service costs, issues that could affect driver retention, customer satisfaction and platform pricing. DoorDash driver calls low tips pathetic

Insider Buying and Selling at DoorDash

In related news, Director Andy Fang sold 15,000 shares of the stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $228.31, for a total value of $3,424,650.00. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Prabir Adarkar sold 55,289 shares of the stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $231.76, for a total transaction of $12,813,778.64. Following the completion of the sale, the chief operating officer directly owned 930,211 shares in the company, valued at approximately $215,585,701.36. The trade was a 5.61% 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. Over the last ninety days, insiders have sold 393,998 shares of company stock worth $85,861,330. Insiders own 44.90% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have commented on DASH. Loop Capital boosted their target price on shares of DoorDash from $225.00 to $280.00 and gave the stock a “buy” rating in a research report on Tuesday, September 22nd. Piper Sandler reiterated a “neutral” rating and issued a $220.00 price target (up from $205.00) on shares of DoorDash in a report on Thursday, August 6th. UBS Group reiterated a “buy” rating and issued a $295.00 price objective on shares of DoorDash in a research note on Tuesday, September 8th. Scotiabank started coverage on shares of DoorDash in a report on Wednesday, September 9th. They set a “sector outperform” rating and a $275.00 price objective on the stock. Finally, Deutsche Bank Aktiengesellschaft upped their target price on shares of DoorDash from $255.00 to $260.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $254.95.

About DoorDash

DoorDash, Inc (NASDAQ:DASH) operates a local commerce platform that connects consumers with restaurants, grocery stores, convenience retailers and other merchants. Through its website and mobile applications, customers can browse products, place orders for delivery or pickup, and access related services.

The company provides merchants with ordering, delivery, logistics, marketing and payment tools. Its offerings include the DoorDash Marketplace, subscription programs such as DashPass, and delivery infrastructure that merchants can use through services including DoorDash Drive.