TimesSquare Capital Management LLC Sells 15,475 Shares of DoorDash, Inc. $DASH

TimesSquare Capital Management LLC lowered its position in DoorDash, Inc. (NASDAQ:DASH) by 4.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 350,083 shares of the company’s stock after selling 15,475 shares during the period. DoorDash comprises about 1.4% of TimesSquare Capital Management LLC’s investment portfolio, making the stock its 20th biggest holding. TimesSquare Capital Management LLC’s holdings in DoorDash were worth $95,219,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Florida Financial Advisors LLC purchased a new stake in shares of DoorDash during the 3rd quarter valued at about $1,545,000. Cookson Peirce & Co. Inc. increased its holdings in DoorDash by 4.8% during the third quarter. Cookson Peirce & Co. Inc. now owns 4,587 shares of the company’s stock valued at $1,248,000 after buying an additional 211 shares during the last quarter. Rothschild Capital Partners LLC bought a new position in DoorDash in the third quarter worth approximately $209,000. Assetmark Inc. boosted its stake in shares of DoorDash by 9.0% during the 3rd quarter. Assetmark Inc. now owns 14,000 shares of the company’s stock worth $3,808,000 after acquiring an additional 1,157 shares during the last quarter. Finally, Public Sector Pension Investment Board grew its position in shares of DoorDash by 40.0% during the 3rd quarter. Public Sector Pension Investment Board now owns 33,470 shares of the company’s stock valued at $9,104,000 after acquiring an additional 9,563 shares during the period. Institutional investors own 90.64% of the company’s stock.

Insiders Place Their Bets

In related news, CEO Tony Xu sold 16,667 shares of the stock in a transaction that occurred 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 completion of the transaction, the chief executive officer directly owned 1,500 shares of the company’s stock, valued at approximately $345,000. This represents a 91.74% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Shona L. Brown sold 1,250 shares of the firm’s stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $181.28, for a total value of $226,600.00. Following the transaction, the director owned 32,252 shares of the company’s stock, valued at $5,846,642.56. This represents a 3.73% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 604,135 shares of company stock worth $124,509,080. 5.83% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

DASH has been the topic of a number of recent research reports. Needham & Company LLC decreased their target price on DoorDash from $300.00 to $275.00 and set a “buy” rating on the stock in a report on Friday, November 14th. Royal Bank Of Canada decreased their price objective on DoorDash from $300.00 to $270.00 and set an “outperform” rating on the stock in a research note on Thursday, November 6th. JPMorgan Chase & Co. cut their price objective on DoorDash from $325.00 to $300.00 and set an “overweight” rating for the company in a research note on Thursday, November 6th. Wells Fargo & Company raised their target price on shares of DoorDash from $239.00 to $251.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 8th. Finally, Truist Financial upped their price target on shares of DoorDash from $326.00 to $340.00 and gave the stock a “buy” rating in a research report on Thursday, October 23rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $280.24.

DoorDash News Summary

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Analyst/independent bullish notes reiterate BUY at discounted levels, arguing valuation and long-term growth justify owning DASH ahead of earnings. Read More.
• Positive Sentiment: Grocery and retail partnerships remain a growth tailwind — sector coverage on Kroger’s turnaround highlights DoorDash as a continuing last-mile partner, underscoring recurring GOV opportunity from grocery fulfillment. Read More.
• Positive Sentiment: Resolution of fraud schemes tied to phantom orders (sentencing reported) reduces an ongoing loss/operational risk and supports margin stability. Read More.
• Neutral Sentiment: Waymo is paying gig workers (including DoorDash drivers) to close robotaxi doors — demonstrates the value and flexibility of the Dasher workforce, but payments go to drivers (not DoorDash directly), so corporate revenue impact is unclear. Read More.
• Neutral Sentiment: Q4 preview/earnings expectations: previews show an in-line quarter is likely (Bank of America/Proactive), keeping guidance risk moderate heading into the Feb. 18 report. Read More.
• Neutral Sentiment: Short-interest items circulating look inconsistent/erroneous (zeros/NaN), so current short-interest headlines are noisy and unlikely to be a reliable near-term driver until clarified.
• Negative Sentiment: Multiple driver-related safety incidents and arrests (stabbing attempt, accidental shooting, delivery-related arrests) are generating adverse headlines and reputational risk that can pressure the stock. Read More. | Read More.
• Negative Sentiment: Fatal hit‑and‑run coverage and related family lawsuits spotlight potential litigation and regulatory exposure that could create headline risk and legal costs. Read More.
• Negative Sentiment: Insider selling: Director Shona L. Brown sold 1,250 shares recently — investors sometimes view insider sales negatively when combined with other near-term headwinds. Read More.

DoorDash Trading Down 0.5%

DASH stock opened at $160.34 on Friday. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.04 and a quick ratio of 2.04. DoorDash, Inc. has a 1-year low of $155.40 and a 1-year high of $285.50. The business has a 50 day simple moving average of $213.26 and a two-hundred day simple moving average of $233.98. The company has a market capitalization of $69.11 billion, a price-to-earnings ratio of 81.39 and a beta of 1.77.

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.