Mather Group LLC. increased its stake in DoorDash, Inc. (NASDAQ:DASH – Free Report) by 620.9% in the 3rd quarter, Holdings Channel reports. The fund owned 6,229 shares of the company’s stock after buying an additional 5,365 shares during the quarter. Mather Group LLC.’s holdings in DoorDash were worth $1,143,000 at the end of the most recent reporting period.
A number of other institutional investors have also added to or reduced their stakes in the company. MV Capital Management Inc. purchased a new stake in DoorDash during the fourth quarter valued at about $26,000. Washington Trust Advisors Inc. boosted its holdings in shares of DoorDash by 81.0% in the 2nd quarter. Washington Trust Advisors Inc. now owns 143 shares of the company’s stock worth $26,000 after purchasing an additional 64 shares in the last quarter. CENTRAL TRUST Co boosted its holdings in shares of DoorDash by 269.4% in the 1st quarter. CENTRAL TRUST Co now owns 266 shares of the company’s stock worth $40,000 after purchasing an additional 194 shares in the last quarter. Ascentis Independent Advisors bought a new position in shares of DoorDash during the 1st quarter valued at about $55,000. Finally, Triumph Capital Management increased its position in shares of DoorDash by 2,212.5% during the 3rd quarter. Triumph Capital Management now owns 370 shares of the company’s stock valued at $68,000 after purchasing an additional 354 shares during the last quarter. Institutional investors own 90.64% of the company’s stock.
Key Headlines Impacting DoorDash
Here are the key news stories impacting DoorDash this week:
- Positive Sentiment: DoorDash is broadening its marketplace in Australia through a partnership with Woolworths Group’s BIG W, adding more than 35,000 everyday products with delivery potentially within 60 minutes. The expansion could increase order frequency beyond restaurants. BIG W Lands on DoorDash App
- Positive Sentiment: The company is promoting its consumer reach through a new apparel-delivery relationship with SKIMS and by publishing its 2026 list of leading pizzerias. These initiatives support DoorDash’s strategy of becoming a broader local-commerce platform, although their near-term financial impact is unclear. DoorDash Delivers SKIMS
- Neutral Sentiment: DoorDash continues to receive broad analyst support, with the referenced coverage citing a “Moderate Buy” consensus and an average price target of $254.95. However, the stock’s valuation remains demanding, with a reported P/E ratio near 100.
- Negative Sentiment: CFO Ravi Inukonda sold 1,017 shares for approximately $198,315 under a pre-arranged Rule 10b5-1 plan. The transaction reduced his holdings by only 0.46%, limiting its significance, but it follows larger sales earlier in the year and may add modest pressure to sentiment. DoorDash CFO Stock Sale
- Negative Sentiment: Recent reports describe lawsuits alleging sexual assault by DoorDash delivery drivers, a driver robbery, and an alleged shooting involving a delivery driver. These incidents are not evidence of company-wide operating failures, but they raise reputational, safety, insurance and potential litigation concerns. Jupiter Woman Sues DoorDash
- Negative Sentiment: Customer complaints involving a chatbot allegedly offering and then denying a refund, along with viral reports of stolen or mishandled orders, could hurt perceptions of customer service and platform reliability. These stories are unlikely to materially change fundamentals alone but contribute to negative news flow. DoorDash Customer Refund Complaint
Insider Transactions at DoorDash
In related news, CFO Ravi Inukonda sold 19,505 shares of the company’s stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $220.62, for a total transaction of $4,303,193.10. Following the completion of the sale, the chief financial officer directly owned 232,938 shares in the company, valued at $51,390,781.56. This represents a 7.73% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, COO Prabir Adarkar sold 55,289 shares of the stock in a transaction on Tuesday, August 25th. The shares were sold at an average price of $231.76, for a total transaction of $12,813,778.64. Following the sale, the chief operating officer directly owned 930,211 shares of the company’s stock, valued at $215,585,701.36. The trade was a 5.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 393,998 shares of company stock valued at $85,861,330. 44.90% of the stock is currently owned by insiders.
Analyst Ratings Changes
A number of equities analysts recently weighed in on the company. Scotiabank initiated coverage on DoorDash in a report on Wednesday, September 9th. They set a “sector outperform” rating and a $275.00 price objective on the stock. Zacks Research raised DoorDash from a “strong sell” rating to a “hold” rating in a research note on Monday, August 17th. Raymond James Financial reiterated a “buy” rating on shares of DoorDash in a research report on Thursday, September 3rd. Jefferies Financial Group increased their price target on shares of DoorDash from $225.00 to $250.00 and gave the company a “buy” rating in a research report on Tuesday, August 11th. Finally, Bank of America reissued a “buy” rating on shares of DoorDash in a research note on Thursday, August 6th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $254.95.
Check Out Our Latest Report on DoorDash
DoorDash Trading Down 2.0%
DASH traded down $3.90 on Friday, hitting $189.15. 3,020,510 shares of the company were exchanged, compared to its average volume of 4,093,138. The firm has a fifty day simple moving average of $204.83 and a two-hundred day simple moving average of $183.93. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.37 and a current ratio of 1.37. DoorDash, Inc. has a 12 month low of $143.30 and a 12 month high of $269.00. The stock has a market capitalization of $81.96 billion, a PE ratio of 99.03 and a beta of 1.90.
DoorDash (NASDAQ:DASH – Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $0.46 earnings per share for the quarter, missing the consensus estimate of $0.47 by ($0.01). DoorDash had a net margin of 5.29% and a return on equity of 8.48%. The company had revenue of $4.45 billion during the quarter, compared to the consensus estimate of $4.34 billion. During the same quarter in the previous year, the firm posted $0.65 EPS. The business’s revenue for the quarter was up 35.6% compared to the same quarter last year. Sell-side analysts expect that DoorDash, Inc. will post 2.51 earnings per share for the current year.
DoorDash Profile
DoorDash, Inc is a technology company that operates a local commerce platform connecting consumers with restaurants, grocery stores, convenience retailers and other merchants. Through its DoorDash app and website, customers can discover businesses, place orders for delivery or pickup, and access related services. The company also provides merchants with tools for online ordering, logistics, customer engagement, advertising and business analytics.
DoorDash generates additional activity through subscription programs such as DashPass, which provides participating customers with delivery-related benefits, and through its logistics and commerce solutions for merchants.
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