Focus Partners Wealth Sells 32,485 Shares of DoorDash, Inc. $DASH

Focus Partners Wealth lessened its holdings in shares of DoorDash, Inc. (NASDAQ:DASH) by 12.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 219,566 shares of the company’s stock after selling 32,485 shares during the quarter. Focus Partners Wealth’s holdings in DoorDash were worth $59,701,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Brighton Jones LLC boosted its stake in shares of DoorDash by 24.0% during the 4th quarter. Brighton Jones LLC now owns 9,336 shares of the company’s stock worth $1,566,000 after acquiring an additional 1,807 shares during the period. Integrated Wealth Concepts LLC raised its stake in DoorDash by 21.5% in the 1st quarter. Integrated Wealth Concepts LLC now owns 1,715 shares of the company’s stock valued at $314,000 after acquiring an additional 303 shares during the period. Empowered Funds LLC lifted its holdings in DoorDash by 3.6% during the 1st quarter. Empowered Funds LLC now owns 8,130 shares of the company’s stock valued at $1,486,000 after purchasing an additional 285 shares during the last quarter. Sivia Capital Partners LLC lifted its holdings in DoorDash by 92.9% during the 2nd quarter. Sivia Capital Partners LLC now owns 4,255 shares of the company’s stock valued at $1,049,000 after purchasing an additional 2,049 shares during the last quarter. Finally, AE Wealth Management LLC bought a new position in DoorDash during the second quarter worth $239,000. 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: Pilot for delivery robots in Fremont signals DoorDash is advancing automation efforts that could lower last‑mile costs and improve long‑term margins. DoorDash robots headed for Fremont streets
• Positive Sentiment: Widespread media coverage of nearly $1M raised for a 78‑year‑old Dash driver has generated positive PR and community goodwill around the platform and driver network. Nearly $1 million raised for 78‑year‑old DoorDash driver
• Neutral Sentiment: DoorDash’s own Easter ordering data provides seasonal demand insight and marketing leverage — useful for topline growth but not an immediate earnings surprise. Hatching trends: How America is celebrating Easter, according to DoorDash data
• Negative Sentiment: $16M settlement notice highlights ongoing legal exposure and puts a modest near‑term cash cost on the table (likely immaterial vs. market cap but a headline risk). $16M DoorDash settlement: Who is eligible and when you could get payout
• Negative Sentiment: Oklahoma therapist won a trademark dispute against DoorDash — a legal loss that could signal brand/marketing vulnerabilities and set precedent for other small‑business disputes. Oklahoma Therapist Wins Trademark Battle Against DoorDash
• Negative Sentiment: Several high‑profile safety and crime stories (a driver discovering a decomposing body during a delivery; separate reports of a driver admitting a fatal assault) raise reputational and regulatory scrutiny around driver safety and platform controls. These are headline risks that could prompt calls for policy or monitoring changes. Decomposing Body Found Inside Closet After DoorDash Driver Smelled Foul Odor During Delivery DoorDash driver admits he killed Charlotte high schooler

Analysts Set New Price Targets

Several equities analysts have commented on DASH shares. Citigroup decreased their price objective on shares of DoorDash from $283.00 to $280.00 and set a “buy” rating on the stock in a report on Friday, February 20th. DA Davidson reduced their target price on shares of DoorDash from $260.00 to $224.00 and set a “neutral” rating for the company in a report on Thursday, February 19th. Zacks Research upgraded shares of DoorDash from a “strong sell” rating to a “hold” rating in a research note on Thursday, February 12th. Barclays lowered their price target on shares of DoorDash from $238.00 to $220.00 and set an “equal weight” rating on the stock in a report on Thursday, February 19th. Finally, Oppenheimer cut their price objective on shares of DoorDash from $280.00 to $235.00 and set an “outperform” rating for the company in a research report on Thursday, February 19th. One research 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 company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $262.82.

DoorDash Trading Up 4.0%

Shares of DoorDash stock opened at $167.78 on Tuesday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.41 and a current ratio of 1.41. The firm has a 50-day moving average of $189.51 and a 200-day moving average of $221.99. DoorDash, Inc. has a 52-week low of $155.40 and a 52-week high of $285.50. The stock has a market cap of $72.89 billion, a PE ratio of 79.14 and a beta of 1.82.

DoorDash (NASDAQ:DASH) last released its quarterly earnings results on Wednesday, February 18th. The company reported $0.48 EPS 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 in the prior year, the business posted $0.33 earnings per share. DoorDash’s revenue was up 37.7% compared to the same quarter last year. As a group, sell-side analysts forecast that DoorDash, Inc. will post 2.22 EPS for the current year.

Insider Activity

In related news, CFO Ravi Inukonda sold 1,425 shares of the business’s stock in a transaction that occurred on Friday, December 19th. The stock was sold at an average price of $231.97, for a total value of $330,557.25. Following the completion of the sale, the chief financial officer directly owned 184,037 shares in the company, valued at approximately $42,691,062.89. The trade was a 0.77% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, COO Prabir Adarkar sold 30,000 shares of the stock in a transaction that occurred on Monday, December 22nd. The stock was sold at an average price of $234.57, for a total value of $7,037,100.00. Following the sale, the chief operating officer directly owned 874,130 shares in the company, valued at $205,044,674.10. This represents a 3.32% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 205,409 shares of company stock worth $45,332,298. Insiders own 5.83% of the company’s stock.

About DoorDash

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.