Prospera Financial Services Inc Raises Holdings in DoorDash, Inc. $DASH

Prospera Financial Services Inc boosted its stake in shares of DoorDash, Inc. (NASDAQ:DASH) by 1,212.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,603 shares of the company’s stock after buying an additional 11,643 shares during the period. Prospera Financial Services Inc’s holdings in DoorDash were worth $3,428,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Physician Wealth Advisors Inc. raised its position in shares of DoorDash by 284.0% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 96 shares of the company’s stock worth $26,000 after acquiring an additional 71 shares in the last quarter. Sound Income Strategies LLC boosted its position in DoorDash by 2,760.0% during the third quarter. Sound Income Strategies LLC now owns 143 shares of the company’s stock valued at $39,000 after purchasing an additional 138 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC grew its stake in DoorDash by 74.3% in the third quarter. Annis Gardner Whiting Capital Advisors LLC now owns 176 shares of the company’s stock valued at $48,000 after purchasing an additional 75 shares during the last quarter. Asset Planning Inc bought a new position in DoorDash in the third quarter worth about $50,000. Finally, Concord Wealth Partners purchased a new stake in shares of DoorDash during the third quarter valued at about $50,000. Institutional investors own 90.64% of the company’s stock.

DoorDash Stock Performance

Shares of DASH opened at $175.47 on Thursday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 2.04 and a current ratio of 2.04. The stock has a 50-day moving average of $215.75 and a two-hundred day moving average of $235.16. The stock has a market cap of $75.63 billion, a P/E ratio of 89.07 and a beta of 1.77. DoorDash, Inc. has a one year low of $155.40 and a one year high of $285.50.

DoorDash News Summary

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Strategic partnerships cited in sector coverage: a recent MarketBeat piece on Kroger’s turnaround highlights DoorDash as a continuing delivery partner for grocery last-mile fulfillment — a reminder of recurring revenue opportunities from grocery and retail partnerships. Kroger’s New CEO: A Turnaround Play in Aisle 4?
• Positive Sentiment: Enforcement against platform fraud: multiple articles report sentencing for a $2.5M “phantom orders” scam affecting DoorDash — resolution of these schemes reduces ongoing fraud risk and potential losses. Hayward Man Gets Prison In $2.5 Million DoorDash ‘Phantom Orders’ Hustle
• Neutral Sentiment: Short-interest report shown in feeds claims a “large increase” but the published numbers appear inconsistent/erroneous (zeros/NaN). The data point is noisy and likely not a reliable driver of price until clarified. (internal short-interest entries)
• Neutral Sentiment: Analyst/earnings previews: Zacks flagged DoorDash as unlikely to have the optimal mix for an earnings beat in the upcoming report; separate valuation pieces point to a rich P/E after recent weakness — these notes keep investor expectations cautious. DoorDash, Inc. (DASH) Earnings Expected to Grow: Should You Buy?
• Negative Sentiment: Insider selling: Director Shona L. Brown sold 1,250 shares on Feb. 9 at an average ~$181, reducing her stake ~3.7% — insider sales can be read negatively by investors, especially amid other headwinds. SEC Form 4
• Negative Sentiment: Legal and reputational risk from fatal hit-and-run: coverage of a Queens fatal hit-and-run involving a DoorDash driver and subsequent family lawsuits raises potential liability and brand risk. Lawsuits and adverse publicity can pressure the stock. Suspect in fatal Queens hit-and-run of DoorDash driver returned to NYC
• Negative Sentiment: Multiple driver-related incidents and legal claims reported (tasing, arrests, immigration issues) add operational and reputational noise that could spur regulatory scrutiny and higher compliance costs. Examples include driver tasing and felony allegations in separate stories. Driver accused in Polk County burglary
• Negative Sentiment: Ongoing litigation: multiple recent articles note families suing DoorDash after driver-related fatalities; potential legal exposure and settlements remain a risk for near-term investor sentiment. Parents file lawsuit against DoorDash

Insider Transactions at DoorDash

In other DoorDash news, Director Andy Fang sold 30,000 shares of the firm’s stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $222.52, for a total transaction of $6,675,600.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Alfred Lin acquired 389,047 shares of the firm’s stock in a transaction on Tuesday, November 25th. The shares were acquired at an average price of $193.81 per share, with a total value of $75,401,199.07. Following the completion of the purchase, the director owned 389,047 shares in the company, valued at approximately $75,401,199.07. This trade represents a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last 90 days, insiders sold 604,135 shares of company stock valued at $124,509,080. 5.83% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on DASH. Wedbush raised their price target on shares of DoorDash from $260.00 to $270.00 and gave the company an “outperform” rating in a report on Friday, December 19th. Morgan Stanley raised their target price on shares of DoorDash from $300.00 to $330.00 and gave the company an “overweight” rating in a research note on Monday, October 20th. Oppenheimer reaffirmed an “outperform” rating and set a $280.00 price target on shares of DoorDash in a research report on Thursday, November 6th. Guggenheim decreased their price objective on DoorDash from $280.00 to $275.00 and set a “buy” rating for the company in a report on Thursday, January 29th. Finally, BTIG Research restated a “buy” rating and set a $315.00 target price on shares of DoorDash in a research note on Thursday, November 6th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $280.24.

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.