Cercano Management LLC Acquires Shares of 25,807 DoorDash, Inc. $DASH

Cercano Management LLC bought a new position in shares of DoorDash, Inc. (NASDAQ:DASH) in the 3rd quarter, HoldingsChannel reports. The institutional investor bought 25,807 shares of the company’s stock, valued at approximately $7,019,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Norges Bank purchased a new stake in DoorDash in the 2nd quarter worth $1,185,576,000. Vanguard Group Inc. lifted its holdings in DoorDash by 4.6% during the second quarter. Vanguard Group Inc. now owns 41,190,085 shares of the company’s stock valued at $10,153,768,000 after purchasing an additional 1,792,799 shares in the last quarter. Scge Management L.P. acquired a new stake in shares of DoorDash in the second quarter valued at about $267,463,000. Ninety One UK Ltd acquired a new stake in shares of DoorDash in the third quarter valued at about $259,154,000. Finally, AQR Capital Management LLC increased its stake in shares of DoorDash by 43.5% during the second quarter. AQR Capital Management LLC now owns 2,633,971 shares of the company’s stock worth $643,084,000 after purchasing an additional 797,849 shares in the last quarter. Hedge funds and other institutional investors own 90.64% of the company’s stock.

Key Stories Impacting DoorDash

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Zacks preview and other analyst notes highlight strong order growth, rising MAUs and ad-business momentum ahead of DoorDash’s Q4 print — a core earnings catalyst that can support a rebound. DoorDash to Report Q4 Earnings: What’s in Store for the Stock?
• Positive Sentiment: A Forbes piece arguing “buy the dip” frames the recent ~26% pullback as an entry opportunity, which can attract value buyers and short-covering ahead of earnings. Buy The Dip In DoorDash Stock?
• Positive Sentiment: Retail promotion: a limited-time promotion for discounted DoorDash gift cards could boost near‑term gross order value and customer engagement. Small operational upside but positive for sentiment. Grab a $100 DoorDash gift card for only $85 in limited-time deal
• Positive Sentiment: Sector tailwind: coverage noting food‑away‑from‑home inflation and an ETF (EATZ) that includes DoorDash underscores thematic demand for delivery/restaurant exposure — supportive longer‑term macro context. 2026 Food Inflation Outlook: This ETF Could Outperform
• Neutral Sentiment: MSN/other “earnings to watch” coverage flags DoorDash’s Q4 release as a near‑term volatility event — a reminder that guidance/metrics will likely drive bigger moves than headlines. Earnings to watch: DoorDash (DASH) reports Q4 results tomorrow
• Neutral Sentiment: Short‑interest data in the feed appears to be erroneous/zeroed out — no clear short‑pressure signal from that item, so limited informational value for traders. (Data anomaly.)
• Negative Sentiment: Security/safety story: a DoorDash courier was fatally shot during a delivery — tragic incident that can raise driver‑safety concerns and negative PR, particularly if it prompts regulatory or labor scrutiny. DoorDash mother of three fatally shot outside elementary school during delivery
• Negative Sentiment: Local PR incident: a founder’s anecdote about being mistaken for a DoorDash driver in San Francisco contributes to a negative narrative about city conditions and brand exposure, though impact is likely limited to sentiment. Indian-origin tech founder mistaken for DoorDash delivery worker in US, says ‘San Francisco is cooked’
• Negative Sentiment: Operational/privacy gripe: an article about restaurant workers seeing repeat‑order details may feed customer privacy concerns and service friction — small but negative PR risk. This feels like a HIPAA violation: Los Angeles restaurant worker reveals what they really see when you DoorDash the same food every day

DoorDash Stock Performance

Shares of DoorDash stock opened at $162.34 on Wednesday. The business’s 50 day moving average price is $210.60 and its 200 day moving average price is $232.65. The company has a market cap of $69.97 billion, a price-to-earnings ratio of 82.41 and a beta of 1.77. The company has a debt-to-equity ratio of 0.29, a quick ratio of 2.04 and a current ratio of 2.04. DoorDash, Inc. has a one year low of $155.40 and a one year high of $285.50.

Analyst Ratings Changes

A number of research analysts recently weighed in on DASH shares. BMO Capital Markets reaffirmed an “outperform” rating on shares of DoorDash in a research note on Friday, December 12th. Citigroup reissued a “market outperform” rating on shares of DoorDash in a report on Monday, November 24th. BTIG Research restated a “buy” rating and issued a $315.00 target price on shares of DoorDash in a research report on Thursday, November 6th. Oppenheimer reaffirmed an “outperform” rating and issued a $280.00 price target on shares of DoorDash in a research note on Thursday, November 6th. Finally, Guggenheim reduced their price objective on DoorDash from $280.00 to $275.00 and set a “buy” rating for the company in a research note on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $280.24.

Insider Buying and Selling at DoorDash

In related news, Director Andy Fang sold 30,000 shares of the firm’s stock in a transaction dated 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 legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Prabir Adarkar sold 30,000 shares of DoorDash stock in a transaction dated Monday, December 22nd. The stock was sold at an average price of $234.57, for a total transaction of $7,037,100.00. Following the transaction, the chief operating officer directly owned 874,130 shares in the company, valued at $205,044,674.10. This trade represents a 3.32% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 604,135 shares of company stock worth $124,509,080. Corporate insiders own 5.83% of the company’s stock.

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.