Pinnbrook Capital Management LP Acquires New Holdings in DoorDash, Inc. $DASH

Pinnbrook Capital Management LP acquired a new position in DoorDash, Inc. (NASDAQ:DASH) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 18,598 shares of the company’s stock, valued at approximately $5,058,000.

Other hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in DoorDash by 3.7% during the 3rd quarter. Vanguard Group Inc. now owns 42,712,908 shares of the company’s stock valued at $11,617,484,000 after acquiring an additional 1,522,823 shares in the last quarter. State Street Corp raised its position in shares of DoorDash by 3.1% in the 2nd quarter. State Street Corp now owns 14,387,499 shares of the company’s stock worth $3,546,662,000 after acquiring an additional 427,722 shares in the last quarter. Capital World Investors raised its position in shares of DoorDash by 0.9% in 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. lifted its stake in shares of 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 purchasing an additional 980,148 shares during the last quarter. Finally, Norges Bank purchased a new stake in shares of DoorDash during the 2nd quarter worth $1,185,576,000. Hedge funds and other institutional investors own 90.64% of the company’s stock.

DoorDash News Summary

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Strong marketplace growth: Zacks reports DoorDash’s marketplace GOV jumped ~39% to $29.7B in Q4 2025 and Q1 2026 GOV is projected at $31B–$31.8B, signaling continued demand across restaurants, retail and grocery that supports revenue upside. Read More.
• Positive Sentiment: Retail partnership expansion: Convenience chain Casey’s launched a hunger‑relief campaign with DoorDash — a sign DoorDash is deepening local retail and grocery integrations that can lift GOV and merchant service fees. Read More.
• Positive Sentiment: Strong PR / brand goodwill from viral donor response: Multiple outlets report ~$500K raised for a 78‑year‑old DoorDash driver after a viral delivery video. This goodwill can help consumer sentiment and local brand reputation, though it’s unlikely to move fundamentals materially. Read More.
• Neutral Sentiment: Industry tech developments: Grubhub plans drone trials, joining DoorDash and Uber Eats in delivery experimentation — underscores industry innovation but also rising capex/tech competition risks. Read More.
• Negative Sentiment: Insider selling: Director Shona Brown sold 1,250 shares (disclosed in an SEC filing). While not large relative to institutional ownership, insider sales can weigh on short‑term sentiment. Read More.
• Negative Sentiment: Macro / geopolitical headwinds: Benzinga notes fresh geopolitical turmoil in the Middle East pressured shares — DoorDash is sensitive to consumer spending shifts and market volatility that can reduce order frequency. Read More.
• Negative Sentiment: Driver economics under pressure: Local reporting highlights rising gas prices squeezing Dashers in some regions — higher fuel costs can hurt driver supply, consumer prices, or DoorDash’s commission/marketing dynamics. Read More.

Insider Activity

In other DoorDash news, CEO Tony Xu sold 16,667 shares of the company’s stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $230.00, for a total value of $3,833,410.00. Following the sale, the chief executive officer owned 1,500 shares in the company, valued at approximately $345,000. This represents a 91.74% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Ravi Inukonda sold 1,017 shares of the company’s stock in a transaction that occurred on Wednesday, January 14th. The stock was sold at an average price of $215.14, for a total value of $218,797.38. Following the completion of the sale, the chief financial officer owned 208,412 shares in the company, valued at approximately $44,837,757.68. This represents a 0.49% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 205,409 shares of company stock valued at $45,332,298 over the last 90 days. Company insiders own 5.83% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have issued reports on the company. Piper Sandler reiterated a “neutral” rating and issued a $220.00 target price (down from $230.00) on shares of DoorDash in a research note on Thursday, February 19th. Mizuho decreased their price target on shares of DoorDash from $320.00 to $255.00 and set an “outperform” rating for the company in a research report on Tuesday, March 3rd. Evercore set a $300.00 price target on shares of DoorDash in a report on Thursday, February 19th. Roth Mkm reaffirmed a “neutral” rating and issued a $200.00 price objective on shares of DoorDash in a research report on Thursday, February 19th. Finally, Guggenheim reduced their price objective on shares of DoorDash from $275.00 to $255.00 and set a “buy” rating for the company in a research note on Thursday, February 19th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat, DoorDash presently has an average rating of “Moderate Buy” and a consensus price target of $262.82.

DoorDash Price Performance

NASDAQ:DASH opened at $161.36 on Friday. The firm’s fifty day moving average is $190.69 and its two-hundred day moving average is $222.90. The firm has a market cap of $70.10 billion, a price-to-earnings ratio of 76.11 and a beta of 1.82. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.41 and a current ratio of 1.41. DoorDash, Inc. has a one year low of $155.40 and a one year high of $285.50.

DoorDash (NASDAQ:DASH) last released its quarterly earnings data on Wednesday, February 18th. The company reported $0.48 earnings per share for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.10). The company had revenue of $3.96 billion for the quarter, compared to analysts’ expectations of $3.98 billion. DoorDash had a net margin of 6.82% and a return on equity of 10.15%. The business’s quarterly revenue was up 37.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.33 EPS. Research analysts expect that DoorDash, Inc. will post 2.22 EPS for the current year.

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.