Nisa Investment Advisors LLC Trims Stake in DoorDash, Inc. $DASH

Nisa Investment Advisors LLC trimmed its position in DoorDash, Inc. (NASDAQ:DASH) by 16.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 59,560 shares of the company’s stock after selling 11,854 shares during the quarter. Nisa Investment Advisors LLC’s holdings in DoorDash were worth $13,489,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in DASH. Vanguard Group Inc. increased its stake in shares of DoorDash by 3.7% during the third quarter. Vanguard Group Inc. now owns 42,712,908 shares of the company’s stock valued at $11,617,484,000 after buying an additional 1,522,823 shares during the period. State Street Corp lifted its stake in DoorDash by 6.3% in the third quarter. State Street Corp now owns 15,296,624 shares of the company’s stock worth $4,160,529,000 after acquiring an additional 909,125 shares during the period. Capital World Investors grew its holdings in DoorDash by 0.9% during the 3rd quarter. Capital World Investors now owns 10,865,927 shares of the company’s stock worth $2,955,424,000 after acquiring an additional 95,278 shares in the last quarter. Invesco Ltd. grew its holdings in DoorDash by 18.2% during the 3rd quarter. Invesco Ltd. now owns 6,355,628 shares of the company’s stock worth $1,728,667,000 after acquiring an additional 980,148 shares in the last quarter. Finally, Northern Trust Corp increased its position in DoorDash by 3.0% during the 3rd quarter. Northern Trust Corp now owns 3,348,168 shares of the company’s stock valued at $910,668,000 after purchasing an additional 96,012 shares during the period. Institutional investors own 90.64% of the company’s stock.

Insider Buying and Selling at DoorDash

In related news, CEO Tony Xu sold 16,667 shares of the business’s stock in a transaction on Monday, January 5th. The stock was sold at an average price of $230.00, for a total transaction of $3,833,410.00. Following the transaction, the chief executive officer directly owned 1,500 shares in the company, valued at $345,000. The trade was a 91.74% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, COO Prabir Adarkar sold 15,000 shares of the company’s stock in a transaction dated Tuesday, January 20th. The shares were sold at an average price of $204.59, for a total value of $3,068,850.00. Following the transaction, the chief operating officer directly owned 874,130 shares in the company, valued at $178,838,256.70. This represents a 1.69% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 167,317 shares of company stock valued at $35,720,931. Corporate insiders own 5.83% of the company’s stock.

DoorDash Trading Up 0.2%

NASDAQ DASH opened at $150.50 on Thursday. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.27. The firm has a market cap of $65.38 billion, a PE ratio of 70.99 and a beta of 1.93. The company has a 50 day moving average price of $175.27 and a 200 day moving average price of $214.17. DoorDash, Inc. has a 52 week low of $143.30 and a 52 week high of $285.50.

DoorDash (NASDAQ:DASH) last announced its earnings results on Wednesday, February 18th. The company reported $0.48 earnings per share for the quarter, missing the consensus estimate of $0.58 by ($0.10). DoorDash had a net margin of 6.82% and a return on equity of 10.15%. The firm had revenue of $3.96 billion during the quarter, compared to analyst estimates of $3.98 billion. During the same quarter last year, the business earned $0.33 earnings per share. DoorDash’s revenue was up 37.7% on a year-over-year basis. As a group, sell-side analysts forecast that DoorDash, Inc. will post 2.22 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on DASH. Wells Fargo & Company reduced their price target on shares of DoorDash from $221.00 to $198.00 and set an “equal weight” rating for the company in a report on Monday. KeyCorp lifted their price objective on shares of DoorDash from $275.00 to $280.00 and gave the company an “overweight” rating in a report on Thursday, February 19th. Mizuho reduced their price objective on shares of DoorDash from $320.00 to $255.00 and set an “outperform” rating for the company in a research note on Tuesday, March 3rd. Needham & Company LLC lowered their target price on DoorDash from $275.00 to $265.00 and set a “buy” rating for the company in a report on Thursday, February 19th. Finally, BNP Paribas Exane began coverage on DoorDash in a research report on Wednesday, January 14th. They set an “outperform” rating and a $280.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $263.12.

DoorDash News Summary

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: DoorDash invested in Also (a Rivian spinoff) as part of a multi‑year commercial agreement and a $200M funding round to accelerate autonomous delivery — could reduce long‑run delivery costs and improve margins. DoorDash Invests in Also as Part of $200 Million Funding Round
• Positive Sentiment: Also (Rivian spinoff) reached a $1B valuation and signed a partnership with DoorDash to develop autonomous delivery vehicles — signals external validation and scale potential for DoorDash’s automation push. Rivian bike spinoff lands $1 billion valuation, DoorDash partnership
• Positive Sentiment: DoorDash is backing EV/micromobility startups and announcing plans to automate more deliveries — supporting a longer‑term cost reduction and capacity strategy. DoorDash invests in EV startup with plans to automate more deliveries
• Positive Sentiment: DoorDash and Family Dollar launched SNAP/EBT grocery delivery in Atlanta, expanding access to low‑income customers and growing DoorDash’s grocery TAM and recurring orders. DoorDash and Family Dollar bring SNAP/EBT grocery delivery to Atlanta
• Neutral Sentiment: An investor write‑up argues DASH is a buying opportunity given network effects and margin runway — useful color but reflects one analyst’s bullish view. DoorDash: Buy The Leading Local Commerce Platform At A Discount
• Neutral Sentiment: A widely shared incident involving a delivery worker and food destruction drew attention; DoorDash removed the driver — a reputational headline but limited company‑level impact so far. Left-Winger Says He’ll Destroy Food Ordered By Trump Supporters, Whines When DoorDash Drops Him
• Negative Sentiment: Rising fuel costs are squeezing drivers (gas >$4/gal in many states), which can increase churn and push DoorDash to raise pay or customer fees — a near‑term margin/headcount risk. DoorDash driver feels the squeeze as gas prices top $4 a gallon in many states
• Negative Sentiment: Reporting says DoorDash made a “major change” in response to soaring gas prices — any policy that raises costs (higher guarantees/bonuses or fees) could pressure margins and takeout economics. DoorDash makes major change amid soaring gas prices
• Negative Sentiment: Wells Fargo published a pessimistic forecast for DASH, which can amplify selling pressure and weigh on sentiment despite operational positives. Wells Fargo & Company Issues Pessimistic Forecast for DoorDash (NASDAQ:DASH) Stock Price

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.