Deutsche Bank AG Sells 252,118 Shares of DoorDash, Inc. $DASH

Deutsche Bank AG lowered its stake in shares of DoorDash, Inc. (NASDAQ:DASH) by 13.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,582,602 shares of the company’s stock after selling 252,118 shares during the quarter. Deutsche Bank AG’s holdings in DoorDash were worth $358,428,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in DASH. American Century Companies Inc. raised its position in shares of DoorDash by 5.0% in the 3rd quarter. American Century Companies Inc. now owns 485,088 shares of the company’s stock valued at $131,941,000 after acquiring an additional 22,944 shares during the period. Caprock Group LLC bought a new stake in DoorDash during the 3rd quarter worth approximately $3,169,000. Intech Investment Management LLC increased its stake in DoorDash by 707.8% during the 4th quarter. Intech Investment Management LLC now owns 253,348 shares of the company’s stock worth $57,378,000 after purchasing an additional 221,985 shares in the last quarter. Vaughan Nelson Investment Management L.P. bought a new stake in DoorDash during the 4th quarter worth approximately $41,712,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in DoorDash by 7.1% during the 3rd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 806,191 shares of the company’s stock worth $219,276,000 after purchasing an additional 53,722 shares in the last quarter. 90.64% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at DoorDash

In other news, insider Keith Yandell sold 2,643 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $155.34, for a total transaction of $410,563.62. Following the completion of the transaction, the insider directly owned 81,106 shares of the company’s stock, valued at $12,599,006.04. This trade represents a 3.16% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Prabir Adarkar sold 21,739 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $155.25, for a total transaction of $3,374,979.75. Following the transaction, the chief operating officer directly owned 959,076 shares of the company’s stock, valued at $148,896,549. This represents a 2.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 68,558 shares of company stock valued at $10,914,640 over the last quarter. Insiders own 5.83% of the company’s stock.

DoorDash Price Performance

Shares of DASH opened at $151.00 on Thursday. The stock has a market capitalization of $65.79 billion, a P/E ratio of 71.91 and a beta of 1.83. DoorDash, Inc. has a twelve month low of $143.30 and a twelve month high of $285.50. The company has a 50 day moving average of $162.65 and a 200-day moving average of $184.66. The company has a quick ratio of 1.43, a current ratio of 1.43 and a debt-to-equity ratio of 0.27.

DoorDash (NASDAQ:DASH) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.36 by $0.06. The company had revenue of $4.04 billion during the quarter, compared to analysts’ expectations of $4.15 billion. DoorDash had a net margin of 6.29% and a return on equity of 9.58%. The business’s quarterly revenue was up 33.1% on a year-over-year basis. During the same period last year, the business earned $0.44 EPS. As a group, equities research analysts forecast that DoorDash, Inc. will post 2.45 EPS for the current fiscal year.

DoorDash News Roundup

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: DoorDash was mentioned among the CPG brands targeting the massive 2026 World Cup spending opportunity, highlighting its potential to benefit from major brand ad and retail-media budgets tied to the event. Coca-Cola, PepsiCo, Mars and DoorDash among CPG brands chasing $7.5 billion World Cup spend
• Positive Sentiment: A report suggested DoorDash could become a reliable late-night resource for the entertainment industry, implying expanding demand beyond standard meal delivery and possibly improving order volume. DoorDash May Become the Entertainment Industry’s Most Reliable Late-Night Resource
• Positive Sentiment: One article framed rising dependence on parents as a trend that could support consumer-spending-related stocks, including DoorDash, which may benefit from discretionary delivery demand. The Bank of Mom and Dad Is Booming—3 Stocks to Watch (DASH)
• Neutral Sentiment: Options activity has picked up, which can signal that traders expect a larger move in DoorDash stock, but the report does not indicate the direction. Do Options Traders Know Something About DoorDash Stock We Don’t?
• Neutral Sentiment: There was also a short-interest update, but the figures reported were effectively zero, so it does not provide a meaningful new signal for investors.
• Negative Sentiment: Competition appears to be intensifying as Walmart expands services and teams up with another fast-food chain to challenge DoorDash and Uber Eats, which could pressure growth and market share. Walmart adds new service to compete with DoorDash, UberEats
• Negative Sentiment: DoorDash and Instacart are facing a critical FTC fight over consumer fees, creating a regulatory overhang that could affect pricing power and margins. DoorDash, Instacart face critical FTC fight over consumer fees

Analyst Upgrades and Downgrades

DASH has been the subject of a number of research reports. The Goldman Sachs Group set a $280.00 target price on DoorDash in a research note on Thursday, May 7th. Mizuho lowered their target price on DoorDash from $320.00 to $255.00 and set an “outperform” rating for the company in a research note on Tuesday, March 3rd. Stifel Nicolaus lowered their target price on DoorDash from $215.00 to $185.00 and set a “hold” rating for the company in a research note on Monday, April 13th. Susquehanna lowered their target price on DoorDash from $250.00 to $225.00 and set a “positive” rating for the company in a research note on Friday, May 8th. Finally, DA Davidson lowered their target price on DoorDash from $224.00 to $200.00 and set a “neutral” rating for the company in a research note on Thursday, May 7th. Two research analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $259.58.

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.