DoorDash (NASDAQ:DASH) Director Sells 63 Shares

DoorDash, Inc. (NASDAQ:DASH) Director Ashley Still sold 63 shares of the firm’s stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $207.42, for a total value of $13,067.46. Following the transaction, the director directly owned 2,228 shares in the company, valued at $462,131.76. This trade represents a 2.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

DoorDash Trading Down 6.1%

DASH stock traded down $11.97 during trading on Thursday, hitting $183.86. 6,928,253 shares of the company traded hands, compared to its average volume of 4,153,271. The company has a 50-day moving average of $218.27 and a 200-day moving average of $237.26. 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 1 year low of $155.40 and a 1 year high of $285.50. The firm has a market capitalization of $79.24 billion, a PE ratio of 93.33 and a beta of 1.77.

DoorDash (NASDAQ:DASH) last announced its quarterly earnings results on Wednesday, November 5th. The company reported $0.55 EPS for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.13). DoorDash had a return on equity of 9.97% and a net margin of 6.83%.The company had revenue of $3.45 billion during the quarter, compared to analysts’ expectations of $3.35 billion. During the same period last year, the firm earned $0.38 earnings per share. DoorDash’s revenue for the quarter was up 27.3% on a year-over-year basis. Analysts predict that DoorDash, Inc. will post 2.22 earnings per share for the current fiscal year.

Hedge Funds Weigh In On DoorDash

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Physician Wealth Advisors Inc. boosted its stake in DoorDash by 284.0% during the third 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. Eastern Bank lifted its holdings in shares of DoorDash by 714.3% during the fourth quarter. Eastern Bank now owns 114 shares of the company’s stock valued at $26,000 after purchasing an additional 100 shares during the last quarter. Sunbelt Securities Inc. boosted its position in shares of DoorDash by 124.1% in the 3rd quarter. Sunbelt Securities Inc. now owns 121 shares of the company’s stock worth $33,000 after purchasing an additional 67 shares in the last quarter. GFG Capital LLC purchased a new stake in shares of DoorDash in the 2nd quarter worth approximately $30,000. Finally, ST Germain D J Co. Inc. purchased a new stake in shares of DoorDash in the 4th quarter worth approximately $29,000. Hedge funds and other 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: High-profile Super Bowl ad campaign with 50 Cent – DoorDash ran a celebrity-led “Big Beef” spot (with playful jabs at Diddy) that should boost brand awareness and engagement during peak consumer spending moments, supporting order growth and marketing ROI expectations. Yahoo: 50 Cent stars in DoorDash’s Big Beef campaign
• Positive Sentiment: SNAP/EBT payment expansion — DoorDash expanded SNAP/EBT eligibility to more grocery and retail partners (Lowes Foods, Rouses, Wegmans, Dierbergs, CVS, etc.), widening its addressable market among lower-income consumers and improving revenue diversity beyond restaurant delivery. This supports long-term GMV and retention potential. Progressive Grocer: DoorDash expands SNAP/EBT payment
• Neutral Sentiment: Analyst coverage: Buy ratings mostly intact but price-target tweaks — Guggenheim reiterated a Buy while slightly lowering its target to $275, reflecting continued confidence in long-term growth despite elevated investment spending. Mixed analyst moves keep consensus at a moderate-buy but show differing views on near-term margins. Yahoo: Buy rating upheld as investments signal long-term growth
• Neutral Sentiment: Opinion/coverage about platform impact and culture — pieces debating delivery-economy effects surfaced (e.g., “DoorDash doomerism misses the point”), which may influence narrative but are unlikely to move fundamentals in the near term. MSN: DoorDash doomerism misses the point
• Negative Sentiment: Large insider selling by co‑founder/director Stanley Tang — Tang sold 45,410 shares (~$9.49M) on Feb 2 at ~$209/share. Significant, repeated insider sales can be perceived as a signal that insiders are taking gains, which may increase short-term selling pressure. SEC Form 4: Stanley Tang sale
• Negative Sentiment: Other director selling — Director Ashley Still sold 63 shares (~$13k) on Feb 3. While small, the additional insider sale adds to the narrative of insiders trimming positions. SEC Form 4: Ashley Still sale
• Negative Sentiment: Operational/PR hiccups — local incidents (e.g., a reported delivery-related customer complaint captured on camera) create isolated negative headlines that can amplify short-term reputation risk, though they are unlikely to affect large-scale fundamentals by themselves. MSN: Toledo delivery incident

Analyst Upgrades and Downgrades

DASH has been the topic of several recent analyst reports. KeyCorp cut their target price on DoorDash from $280.00 to $275.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 20th. Mizuho cut their price objective on DoorDash from $350.00 to $320.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 12th. BMO Capital Markets reissued an “outperform” rating on shares of DoorDash in a research note on Friday, December 12th. Guggenheim dropped their price target on DoorDash from $280.00 to $275.00 and set a “buy” rating for the company in a research note on Thursday, January 29th. Finally, Benchmark lifted their price target on shares of DoorDash from $315.00 to $320.00 and gave the company a “buy” rating in a report on Tuesday, November 4th. Three analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $279.09.

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.