DoorDash, Inc. $DASH Shares Newly Acquired by Traynor Capital Management Inc.

Traynor Capital Management Inc. purchased a new position in DoorDash, Inc. (NASDAQ:DASH) in the 3rd quarter, HoldingsChannel reports. The firm purchased 5,639 shares of the company’s stock, valued at approximately $1,035,000.

Other large investors also recently added to or reduced their stakes in the company. Bank Julius Baer & Co. Ltd Zurich bought a new stake in shares of DoorDash in the 3rd quarter valued at approximately $2,522,000. Greenleaf Trust increased its position in shares of DoorDash by 16.5% during the 3rd quarter. Greenleaf Trust now owns 3,632 shares of the company’s stock valued at $667,000 after purchasing an additional 514 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of DoorDash during the 3rd quarter valued at approximately $57,427,000. ProShare Advisors LLC increased its position in shares of DoorDash by 6.0% during the 3rd quarter. ProShare Advisors LLC now owns 468,236 shares of the company’s stock valued at $85,945,000 after purchasing an additional 26,497 shares during the last quarter. Finally, Vise Technologies Inc. raised its holdings in DoorDash by 43.6% during the 3rd quarter. Vise Technologies Inc. now owns 4,758 shares of the company’s stock valued at $873,000 after buying an additional 1,445 shares during the period. 90.64% of the stock is owned by institutional investors.

Analysts Set New Price Targets

DASH has been the subject of a number of analyst reports. Roth Capital raised their price target on DoorDash from $200.00 to $220.00 and gave the stock a “neutral” rating in a research report on Monday, August 10th. The Goldman Sachs Group cut their price objective on shares of DoorDash from $280.00 to $275.00 in a research report on Thursday, August 6th. Deutsche Bank Aktiengesellschaft increased their target price on shares of DoorDash from $255.00 to $260.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Argus raised their target price on shares of DoorDash from $190.00 to $270.00 in a report on Thursday, August 27th. Finally, Wedbush raised shares of DoorDash from a “neutral” rating to an “outperform” rating and lifted their price target for the stock from $220.00 to $230.00 in a research note on Friday. Two research analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $249.88.

DoorDash Price Performance

Shares of DASH stock opened at $190.07 on Tuesday. DoorDash, Inc. has a 52-week low of $143.30 and a 52-week high of $258.00. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.37 and a current ratio of 1.37. The firm has a market capitalization of $82.36 billion, a P/E ratio of 78.54 and a beta of 1.90. The stock has a 50 day moving average price of $197.17 and a 200 day moving average price of $182.97.

DoorDash (NASDAQ:DASH) last posted its quarterly earnings data on Thursday, October 29th. The company reported $1.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.81 by $0.25. The company had revenue of $4.62 billion during the quarter, compared to analysts’ expectations of $4.56 billion. DoorDash had a return on equity of 8.48% and a net margin of 5.29%. DoorDash’s revenue was up 34.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.55 EPS. As a group, sell-side analysts predict that DoorDash, Inc. will post 2.64 earnings per share for the current year.

Insiders Place Their Bets

In other news, COO Prabir Adarkar sold 8,738 shares of DoorDash stock in a transaction on Monday, September 28th. The stock was sold at an average price of $180.85, for a total transaction of $1,580,267.30. Following the completion of the sale, the chief operating officer directly owned 921,473 shares in the company, valued at approximately $166,648,392.05. This trade represents a 0.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Stanley Tang sold 23,125 shares of the business’s stock in a transaction on Friday, October 2nd. The shares were sold at an average price of $186.19, for a total transaction of $4,305,643.75. Following the sale, the director directly owned 10,361 shares of the company’s stock, valued at $1,929,114.59. This represents a 69.06% decrease in their ownership of the stock. 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. Over the last 90 days, insiders have sold 326,305 shares of company stock valued at $72,280,083. Insiders own 44.90% of the company’s stock.

Key DoorDash News

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: DoorDash’s proposed acquisition of Instacart could create scale benefits, consolidate subscriptions over time and give members a broader range of delivery and grocery services. Investors may view the deal as strategically strengthening DoorDash’s competitive position. Doordash is acquiring Instacart. For you, that means one less subscription, eventually.
• Positive Sentiment: DoorDash is rolling out $12 restaurant meal deals in select cities, including full meals with no delivery fee. The program may attract budget-conscious customers and increase order frequency, though its effect on margins remains uncertain. DoorDash enters the restaurant value wars with a $12 meal deal
• Positive Sentiment: Wedbush upgraded DoorDash, while Cantor Fitzgerald reiterated its overweight rating. Another analyst raised the price target to $340, reinforcing the bullish view among some Wall Street firms. DoorDash upgraded at Wedbush Overweight rating reiterated at Cantor Fitzgerald Price target raised to $340
• Neutral Sentiment: Analysts delivered mixed signals: Scotiabank and Barclays trimmed their price targets, suggesting valuation or execution concerns despite broader optimism about DASH. Scotiabank trims DoorDash price target Barclays cuts DoorDash price target
• Negative Sentiment: The FTC is probing personalized pricing at Instacart shortly after DoorDash agreed to acquire it. Increased regulatory attention could delay the transaction, raise costs or complicate expected synergies. FTC probes personalized pricing at Instacart
• Negative Sentiment: DoorDash CEO Tony Xu said AI-agent activity remains limited, with only several hundred orders generated so far. That tempers near-term expectations for AI-driven order growth. DoorDash sees limited AI orders
• Negative Sentiment: Competition is intensifying, with rival Olo promoting lower-priced takeout. DoorDash’s value-meal response may defend demand but could pressure pricing and delivery economics. New DoorDash rival promises cheaper takeout

DoorDash Profile

DoorDash, Inc (NASDAQ:DASH) operates a local commerce platform that connects consumers with restaurants, grocery stores, convenience retailers and other merchants. Through its website and mobile applications, customers can browse products, place orders for delivery or pickup, and access related services.

The company provides merchants with ordering, delivery, logistics, marketing and payment tools. Its offerings include the DoorDash Marketplace, subscription programs such as DashPass, and delivery infrastructure that merchants can use through services including DoorDash Drive.