DoorDash, Inc. $DASH Shares Sold by Teacher Retirement System of Texas

Teacher Retirement System of Texas trimmed its holdings in shares of DoorDash, Inc. (NASDAQ:DASH) by 11.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 55,372 shares of the company’s stock after selling 7,420 shares during the period. Teacher Retirement System of Texas’ holdings in DoorDash were worth $15,061,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Greenland Capital Management LP raised its holdings in shares of DoorDash by 637.5% during the 2nd quarter. Greenland Capital Management LP now owns 23,572 shares of the company’s stock valued at $5,811,000 after buying an additional 20,376 shares during the period. Geode Capital Management LLC boosted its stake in shares of DoorDash by 2.9% in the second quarter. Geode Capital Management LLC now owns 7,951,230 shares of the company’s stock valued at $1,950,711,000 after purchasing an additional 223,188 shares during the period. Williamson Legacy Group LLC purchased a new position in shares of DoorDash in the second quarter valued at $1,264,000. Brighton Jones LLC grew its holdings in DoorDash by 24.0% during the 4th quarter. Brighton Jones LLC now owns 9,336 shares of the company’s stock valued at $1,566,000 after purchasing an additional 1,807 shares in the last quarter. Finally, Summit Global Investments purchased a new stake in DoorDash during the 2nd quarter worth $830,000. 90.64% of the stock is currently owned by hedge funds and other institutional investors.

DoorDash Trading Down 0.2%

Shares of NASDAQ DASH opened at $207.23 on Friday. The company has a quick ratio of 2.04, a current ratio of 2.04 and a debt-to-equity ratio of 0.29. The stock’s 50 day moving average price is $217.08 and its two-hundred day moving average price is $239.17. DoorDash, Inc. has a 52-week low of $155.40 and a 52-week high of $285.50. The stock has a market capitalization of $89.32 billion, a P/E ratio of 105.19 and a beta of 1.70.

DoorDash (NASDAQ:DASH) last issued its quarterly earnings results on Wednesday, November 5th. The company reported $0.55 earnings per share for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.13). The firm had revenue of $3.45 billion during the quarter, compared to the consensus estimate of $3.35 billion. DoorDash had a net margin of 6.83% and a return on equity of 9.97%. DoorDash’s revenue was up 27.3% compared to the same quarter last year. During the same quarter last year, the firm posted $0.38 earnings per share. On average, analysts anticipate that DoorDash, Inc. will post 2.22 earnings per share for the current fiscal year.

Key Stories Impacting DoorDash

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: DoorDash says it applied AI across chat and calls to detect and defuse unsafe interactions, cutting reported incidents by ~50% — a meaningful operational improvement that can reduce liability, lower driver churn and improve marketplace trust. DoorDash Applies AI to Safety Across Chat and Calls, Cutting Incidents by 50%
• Positive Sentiment: Hibbett launched on DoorDash nationwide, expanding DoorDash’s retail assortment beyond food and groceries — a distribution win that supports revenue diversification and incremental GMV. Hibbett Launches on DoorDash
• Neutral Sentiment: Severe weather coverage warns consumers/drivers to avoid driving during a D-FW winter storm — a temporary drop in delivery activity in affected regions but not a company-specific structural issue. Should you Uber, Lyft, Doordash during D-FW winter storm?
• Negative Sentiment: A federal judge rejected DoorDash and Uber’s bid to block New York City’s tipping rules and related mandates (including a required 10% tip prompt) — a legal setback that increases the chance of changes that could boost customer tips but pressure platform commissions and take-rates in a major market. Judge rejects DoorDash, Uber bid to block NYC tipping laws Doordash, Uber fail to stop NYC law requiring 10% tip prompt
• Negative Sentiment: COO Prabir Adarkar sold 15,000 shares (~1.7% reduction of his recent position) — an insider sale that can weigh on sentiment even though his remaining stake remains large. SEC filing and coverage noted the trade. DoorDash COO Prabir Adarkar Sells 15,000 Shares
• Negative Sentiment: KeyCorp cut its price target to $275 — a downward analyst revision that can temper buy-side enthusiasm and price momentum. KeyCorp Lowers DoorDash Price Target
• Negative Sentiment: Recent reports of assaults and a knife threat against DoorDash drivers highlight ongoing safety risks that tie back to liability, insurance and retention costs despite the company’s AI safety push. Police look for man accused of flashing a knife at a DoorDash driver DoorDash driver reports armed robbery during delivery

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on DASH shares. Barclays lowered their target price on DoorDash from $272.00 to $238.00 and set an “equal weight” rating for the company in a research note on Thursday, November 6th. UBS Group raised DoorDash from a “buy” rating to a “mixed” rating in a report on Tuesday. Guggenheim restated a “buy” rating and set a $280.00 price objective on shares of DoorDash in a report on Wednesday, November 19th. BMO Capital Markets reaffirmed an “outperform” rating on shares of DoorDash in a research report on Friday, December 12th. Finally, Susquehanna reduced their target price on DoorDash from $300.00 to $250.00 and set a “positive” rating for the company in a research note on Friday, November 7th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, DoorDash currently has an average rating of “Moderate Buy” and an average price target of $281.26.

Insider Activity

In related news, COO Prabir Adarkar sold 15,000 shares of the business’s stock in a transaction dated Tuesday, January 20th. The shares were sold at an average price of $204.59, for a total transaction of $3,068,850.00. Following the completion of the sale, the chief operating officer owned 874,130 shares of the company’s stock, valued at $178,838,256.70. This represents a 1.69% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Ravi Inukonda sold 1,017 shares of the stock in a transaction dated Wednesday, January 14th. The stock was sold at an average price of $215.14, for a total transaction of $218,797.38. Following the sale, the chief financial officer owned 208,412 shares in the company, valued at approximately $44,837,757.68. This trade represents a 0.49% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 632,885 shares of company stock valued at $133,222,817 over the last quarter. 5.83% of the stock is owned by company insiders.

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.