6,800 Shares in DoorDash, Inc. $DASH Purchased by DJE Kapital AG

DJE Kapital AG acquired a new position in shares of DoorDash, Inc. (NASDAQ:DASH) during the fourth quarter, HoldingsChannel reports. The fund acquired 6,800 shares of the company’s stock, valued at approximately $1,568,000.

Other institutional investors also recently modified their holdings of the company. Eastern Bank grew its stake in shares of DoorDash by 714.3% during 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 last quarter. ST Germain D J Co. Inc. bought a new position in DoorDash in the 4th quarter worth approximately $29,000. Sunbelt Securities Inc. lifted its holdings in DoorDash by 124.1% during the 3rd quarter. Sunbelt Securities Inc. now owns 121 shares of the company’s stock worth $33,000 after buying an additional 67 shares in the last quarter. Morse Asset Management Inc acquired a new position in DoorDash during the 3rd quarter worth $36,000. Finally, Kohmann Bosshard Financial Services LLC bought a new position in DoorDash in the 4th quarter valued at $39,000. 90.64% of the stock is owned by institutional investors.

DoorDash News Roundup

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: DoorDash unveiled “Ask DoorDash,” a conversational AI search and ordering tool that lets users find meals and groceries with natural-language prompts instead of traditional keyword searches, which could improve engagement and conversion. DoorDash Debuts Conversational AI to Streamline Search
• Positive Sentiment: Several reports highlighted the same AI rollout, including features that let customers order food and groceries using prompts or photos, adding ingredients from recipe links, and even book restaurant reservations, reinforcing the view that DoorDash is expanding beyond basic delivery into an AI-powered commerce platform. DoorDash’s new AI chatbot lets you order with prompts and photos
• Neutral Sentiment: Commentary pieces on the stock suggested bullish investors still see DoorDash as attractive despite a premium valuation, but these articles were more opinion-based than market-moving fundamentals. Is DoorDash, Inc. (DASH) A Good Stock To Buy Now?
• Neutral Sentiment: Broader market coverage compared DoorDash with other internet stocks, but it did not add a clear new catalyst for the shares. How is DoorDash’s stock performance compared to other internet stocks?

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. Susquehanna dropped their target price on DoorDash from $250.00 to $225.00 and set a “positive” rating for the company in a research report on Friday, May 8th. Citizens Jmp lowered their price objective on DoorDash from $285.00 to $250.00 and set a “market outperform” rating for the company in a research report on Friday, February 20th. Moffett Nathanson set a $276.00 price objective on DoorDash in a report on Wednesday, April 15th. Weiss Ratings upgraded shares of DoorDash from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, May 13th. Finally, DA Davidson reduced their target price on shares of DoorDash from $224.00 to $200.00 and set a “neutral” rating on the stock in a research note on Thursday, May 7th. Two 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. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $257.64.

DoorDash Stock Up 2.4%

Shares of NASDAQ DASH opened at $154.59 on Friday. DoorDash, Inc. has a 52-week low of $143.30 and a 52-week high of $285.50. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.43 and a current ratio of 1.43. The stock has a market cap of $67.36 billion, a P/E ratio of 73.61 and a beta of 1.83. The firm has a 50 day moving average price of $162.74 and a 200 day moving average price of $184.41.

DoorDash (NASDAQ:DASH) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $0.42 earnings per share for the quarter, topping analysts’ consensus estimates of $0.36 by $0.06. DoorDash had a net margin of 6.29% and a return on equity of 9.58%. The company had revenue of $4.04 billion for the quarter, compared to analysts’ expectations of $4.15 billion. During the same period last year, the firm posted $0.44 earnings per share. The business’s quarterly revenue was up 33.1% compared to the same quarter last year. Analysts expect that DoorDash, Inc. will post 2.45 EPS for the current year.

Insiders Place Their Bets

In other DoorDash news, General Counsel Tia Sherringham sold 2,743 shares of the business’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $160.79, for a total value of $441,046.97. Following the completion of the transaction, the general counsel directly owned 128,216 shares of the company’s stock, valued at approximately $20,615,850.64. The trade was a 2.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Keith Yandell sold 2,643 shares of DoorDash stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $155.34, for a total value of $410,563.62. Following the transaction, the insider owned 81,106 shares in the company, valued at $12,599,006.04. This trade represents a 3.16% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 68,558 shares of company stock valued at $10,914,640. Insiders own 5.83% of the company’s stock.

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.