DoorDash (NASDAQ:DASH) COO Prabir Adarkar Sells 10,000 Shares

DoorDash, Inc. (NASDAQ:DASH) COO Prabir Adarkar sold 10,000 shares of DoorDash stock in a transaction dated Monday, March 23rd. The stock was sold at an average price of $158.97, for a total value of $1,589,700.00. Following the completion of the sale, the chief operating officer owned 843,678 shares of the company’s stock, valued at approximately $134,119,491.66. The trade was a 1.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Prabir Adarkar also recently made the following trade(s):

• On Tuesday, January 20th, Prabir Adarkar sold 15,000 shares of DoorDash stock. The shares were sold at an average price of $204.59, for a total transaction of $3,068,850.00.

DoorDash Stock Down 1.2%

Shares of NASDAQ DASH opened at $152.92 on Thursday. The firm has a market capitalization of $66.43 billion, a PE ratio of 72.13 and a beta of 1.82. 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 1 year low of $150.87 and a 1 year high of $285.50. The firm’s 50-day moving average is $180.98 and its 200-day moving average is $217.92.

DoorDash (NASDAQ:DASH) last posted 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). DoorDash had a return on equity of 10.15% and a net margin of 6.82%.The business had revenue of $3.96 billion for the quarter, compared to the consensus estimate of $3.98 billion. During the same period last year, the firm earned $0.33 earnings per share. The company’s quarterly revenue was up 37.7% on a year-over-year basis. Equities analysts expect that DoorDash, Inc. will post 2.22 EPS for the current year.

Trending Headlines about DoorDash

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: DoorDash rolled out an emergency gas-relief program to help Dashers cope with surging pump prices; this supports driver retention and availability during a fuel squeeze, which can help orders and on-road capacity. Article Title
• Positive Sentiment: DoorDash’s push into e-commerce and broader fulfillment is lifting GOV and order growth, a factor analysts cite as upside potential for revenue diversification beyond restaurant delivery. (Analyst note) Article Title
• Positive Sentiment: Local data show more Dashers are delivering by bike in cities like Philadelphia, which can reduce fuel sensitivity, lower delivery costs in dense urban markets and improve margins on certain routes. Article Title
• Neutral Sentiment: Human-interest coverage (nearly $1M raised for a 78‑year‑old Dasher) boosts goodwill and PR but has limited direct financial impact. Article Title
• Neutral Sentiment: Third-party guides and comparisons (ShiftTracker’s DoorDash vs. Uber Eats guide) increase consumer/driver transparency but are unlikely to meaningfully change fundamentals. Article Title
• Negative Sentiment: Two separate shooting incidents/trials involving DoorDash drivers (Chester and Hudson Valley cases) pose reputational and safety concerns; recurring public safety headlines can weigh on consumer perception and highlight driver risk exposure. Article Title Article Title
• Negative Sentiment: COO Prabir Adarkar sold 10,000 shares (~$1.59M) this week; while the remaining ownership is large, the disclosed sale can be perceived negatively by investors focused on insider activity. Article Title
• Neutral Sentiment: Several short-interest reports in the feed appear to show data errors (zero shares reported); they’re unlikely to reflect real market pressure. Investors should watch official FINRA/NYSE short-interest disclosures instead.

Institutional Investors Weigh In On DoorDash

Several large investors have recently made changes to their positions in DASH. American Century Companies Inc. lifted its position in shares of DoorDash by 5.0% in the third quarter. American Century Companies Inc. now owns 485,088 shares of the company’s stock worth $131,941,000 after purchasing an additional 22,944 shares in the last quarter. Caprock Group LLC acquired a new position in DoorDash during the third quarter worth $3,169,000. Mitsubishi UFJ Asset Management Co. Ltd. grew its position in DoorDash by 7.1% in the third quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 806,191 shares of the company’s stock valued at $219,276,000 after purchasing an additional 53,722 shares in the last quarter. Williamson Legacy Group LLC acquired a new stake in DoorDash in the 2nd quarter valued at $1,264,000. Finally, Brighton Jones LLC increased its stake in DoorDash by 24.0% in the 4th quarter. Brighton Jones LLC now owns 9,336 shares of the company’s stock valued at $1,566,000 after buying an additional 1,807 shares during the last quarter. Institutional investors own 90.64% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on DASH. Sanford C. Bernstein reduced their price target on DoorDash from $285.00 to $270.00 and set an “outperform” rating on the stock in a research report on Thursday, February 19th. Cantor Fitzgerald dropped their price objective on DoorDash from $285.00 to $230.00 and set an “overweight” rating for the company in a report on Thursday, February 19th. Citigroup cut their target price on DoorDash from $283.00 to $280.00 and set a “buy” rating on the stock in a research note on Friday, February 20th. Oppenheimer reduced their target price on DoorDash from $280.00 to $235.00 and set an “outperform” rating on the stock in a report on Thursday, February 19th. Finally, Wedbush boosted their target price on DoorDash from $260.00 to $270.00 and gave the stock an “outperform” rating in a research report on Friday, December 19th. One analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat.com, DoorDash has a consensus rating of “Moderate Buy” and a consensus target price of $262.82.

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.