Universal Beteiligungs und Servicegesellschaft mbH Boosts Stock Position in DoorDash, Inc. $DASH

Universal Beteiligungs und Servicegesellschaft mbH raised its stake in DoorDash, Inc. (NASDAQ:DASH) by 30.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 370,228 shares of the company’s stock after purchasing an additional 85,949 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in DoorDash were worth $83,813,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Resonant Capital Advisors LLC lifted its holdings in shares of DoorDash by 3.5% during the third quarter. Resonant Capital Advisors LLC now owns 1,229 shares of the company’s stock worth $334,000 after purchasing an additional 42 shares during the period. Premier Path Wealth Partners LLC increased its stake in DoorDash by 1.9% in the 3rd quarter. Premier Path Wealth Partners LLC now owns 2,414 shares of the company’s stock valued at $657,000 after buying an additional 45 shares during the period. Callan Family Office LLC raised its position in DoorDash by 0.8% during the 3rd quarter. Callan Family Office LLC now owns 6,123 shares of the company’s stock worth $1,665,000 after buying an additional 51 shares during the last quarter. Keel Point LLC lifted its stake in shares of DoorDash by 4.3% in the 3rd quarter. Keel Point LLC now owns 1,393 shares of the company’s stock worth $379,000 after acquiring an additional 58 shares during the period. Finally, Yeomans Consulting Group Inc. boosted its holdings in shares of DoorDash by 4.3% in the third quarter. Yeomans Consulting Group Inc. now owns 1,428 shares of the company’s stock valued at $382,000 after acquiring an additional 59 shares in the last quarter. Institutional investors and hedge funds own 90.64% of the company’s stock.

DoorDash Price Performance

DASH stock opened at $182.27 on Thursday. The firm has a 50 day moving average of $166.12 and a 200-day moving average of $203.90. The company has a market cap of $79.18 billion, a price-to-earnings ratio of 85.98 and a beta of 1.93. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.27. DoorDash, Inc. has a 12-month low of $143.30 and a 12-month high of $285.50.

DoorDash (NASDAQ:DASH) last released its quarterly earnings results on Wednesday, February 18th. The company reported $0.48 earnings per share for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.10). The firm had revenue of $3.96 billion during the quarter, compared to analyst estimates of $3.98 billion. DoorDash had a return on equity of 10.15% and a net margin of 6.82%.The business’s revenue was up 37.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.33 EPS. As a group, equities analysts expect that DoorDash, Inc. will post 2.51 EPS for the current fiscal year.

Insider Activity

In related news, Director Shona L. Brown sold 1,250 shares of the stock in a transaction dated 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 approximately $5,475,263.22. This represents a 3.88% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Stanley Tang sold 45,410 shares of the firm’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $209.01, for a total transaction of $9,491,144.10. The SEC filing for this sale provides additional information. Insiders sold a total of 89,406 shares of company stock worth $16,639,624 over the last 90 days. 5.83% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

DASH has been the subject of several analyst reports. BTIG Research cut their price target on shares of DoorDash from $315.00 to $280.00 and set a “buy” rating for the company in a report on Friday, April 10th. Barclays lowered their price objective on DoorDash from $238.00 to $220.00 and set an “equal weight” rating on the stock in a report on Thursday, February 19th. Guggenheim cut their target price on DoorDash from $275.00 to $255.00 and set a “buy” rating for the company in a research note on Thursday, February 19th. DA Davidson reduced their price target on DoorDash from $260.00 to $224.00 and set a “neutral” rating for the company in a report on Thursday, February 19th. Finally, Mizuho decreased their price target on DoorDash from $320.00 to $255.00 and set an “outperform” rating on the stock in a research note on Tuesday, March 3rd. One research analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $261.32.

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.