Private Wealth Partners LLC Purchases New Position in DoorDash, Inc. $DASH

Private Wealth Partners LLC acquired a new position in shares of DoorDash, Inc. (NASDAQ:DASH) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 3,050 shares of the company’s stock, valued at approximately $560,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Janus Henderson Group PLC grew its stake in shares of DoorDash by 40.2% during the first quarter. Janus Henderson Group PLC now owns 7,762,553 shares of the company’s stock worth $1,159,377,000 after buying an additional 2,225,954 shares during the last quarter. Temasek Holdings Private Ltd increased its holdings in shares of DoorDash by 49.4% during the first quarter. Temasek Holdings Private Ltd now owns 3,461,501 shares of the company’s stock worth $519,744,000 after buying an additional 1,145,078 shares in the last quarter. Robeco Institutional Asset Management B.V. increased its holdings in shares of DoorDash by 2,304.0% during the third quarter. Robeco Institutional Asset Management B.V. now owns 3,452,110 shares of the company’s stock worth $633,635,000 after buying an additional 3,308,512 shares in the last quarter. Bank of America Corp DE lifted its stake in shares of DoorDash by 18.4% in the 1st quarter. Bank of America Corp DE now owns 3,449,266 shares of the company’s stock valued at $517,907,000 after acquiring an additional 536,080 shares during the last quarter. Finally, Assenagon Asset Management S.A. lifted its stake in shares of DoorDash by 372.0% in the 3rd quarter. Assenagon Asset Management S.A. now owns 3,137,719 shares of the company’s stock valued at $575,928,000 after acquiring an additional 2,472,980 shares during the last quarter. Institutional investors own 90.64% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. Needham & Company LLC restated a “buy” rating and set a $265.00 price objective on shares of DoorDash in a research report on Thursday, August 6th. Truist Financial increased their target price on DoorDash from $330.00 to $336.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. Piper Sandler reissued a “neutral” rating and set a $220.00 price target (up from $205.00) on shares of DoorDash in a research note on Thursday, August 6th. Deutsche Bank Aktiengesellschaft boosted their price target on DoorDash from $255.00 to $260.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Finally, Citigroup reaffirmed a “market outperform” rating on shares of DoorDash in a research note on Wednesday, September 30th. Two analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $254.95.

DoorDash Trading Down 3.5%

DASH traded down $6.56 during midday trading on Friday, hitting $179.38. 2,702,995 shares of the company were exchanged, compared to its average volume of 3,420,697. The firm has a market capitalization of $77.73 billion, a P/E ratio of 93.92 and a beta of 1.90. DoorDash, Inc. has a 1-year low of $143.30 and a 1-year high of $269.00. The firm’s 50 day moving average price is $202.18 and its 200-day moving average price is $185.14. The company has a quick ratio of 1.37, a current ratio of 1.37 and a debt-to-equity ratio of 0.27.

DoorDash (NASDAQ:DASH) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.46 earnings per share for the quarter, missing the consensus estimate of $0.47 by ($0.01). DoorDash had a net margin of 5.29% and a return on equity of 8.48%. The company had revenue of $4.45 billion during the quarter, compared to analyst estimates of $4.34 billion. During the same period in the previous year, the company posted $0.65 EPS. The company’s quarterly revenue was up 35.6% on a year-over-year basis. As a group, equities analysts forecast that DoorDash, Inc. will post 2.51 EPS for the current fiscal year.

More DoorDash News

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Potential Instacart deal: DoorDash is reportedly among the companies discussing a possible acquisition of Instacart, which is valued at approximately $12 billion. A transaction could strengthen DoorDash’s position in grocery and local commerce, although the report does not indicate that a deal is imminent and any acquisition would carry financing, integration and regulatory risks. Instacart explores potential sale, holds talks with Uber and DoorDash
• Positive Sentiment: Analyst support: BTIG Research assigned DoorDash a Buy rating, providing a positive signal for investor sentiment and reinforcing the view that the company’s local-commerce expansion and growth prospects remain attractive. DoorDash earns Buy rating from BTIG Research
• Neutral Sentiment: Mixed consumer-stock comparison: An investor comparison described Airbnb as having a strong travel-market position while highlighting DoorDash’s rapid revenue growth and expansion beyond restaurant delivery. The article does not provide a new company-specific catalyst. Airbnb vs. DoorDash: Which Consumer Stock Is a Better Buy in 2026?
• Neutral Sentiment: Operational and reputational headlines: Reports described a DoorDash driver being killed in California, another driver and a family member being ambushed, and an unrelated criminal investigation in which cleaning supplies were allegedly ordered through DoorDash. These incidents could increase scrutiny of driver and platform safety, but they currently appear unlikely to materially affect financial results. Arrest made after California DoorDash driver found dead in Tesla trunk
• Negative Sentiment: Increasing competition: A new rival reportedly offers lower menu prices, while Grubhub’s co-founder has returned with a delivery service featuring a $1 fee. Lower pricing and aggressive fee competition could pressure DoorDash’s order volumes, merchant economics and margins. DoorDash and Uber Eats have a new rival offering lower menu prices
• Negative Sentiment: Delivery-worker dissatisfaction: Online debate over $1 and $2 tips highlights ongoing challenges around driver pay and service costs, issues that could affect driver retention, customer satisfaction and platform pricing. DoorDash driver calls low tips pathetic

Insider Buying and Selling

In related news, COO Prabir Adarkar sold 55,289 shares of DoorDash stock in a transaction on Tuesday, August 25th. The shares were sold at an average price of $231.76, for a total transaction of $12,813,778.64. Following the completion of the transaction, the chief operating officer owned 930,211 shares of the company’s stock, valued at $215,585,701.36. This trade represents a 5.61% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Tony Xu sold 29,567 shares of the business’s stock in a transaction on Monday, August 24th. The shares were sold at an average price of $230.00, for a total transaction of $6,800,410.00. Following the completion of the transaction, the chief executive officer owned 1,500 shares in the company, valued at approximately $345,000. The trade was a 95.17% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 393,998 shares of company stock valued at $85,861,330 over the last 90 days. 44.90% of the stock is currently owned by corporate insiders.

DoorDash Profile

DoorDash, Inc (NASDAQ:DASH) operates a local commerce platform that connects consumers with restaurants, grocery stores, convenience retailers and other merchants. Through its website and mobile applications, customers can browse products, place orders for delivery or pickup, and access related services.

The company provides merchants with ordering, delivery, logistics, marketing and payment tools. Its offerings include the DoorDash Marketplace, subscription programs such as DashPass, and delivery infrastructure that merchants can use through services including DoorDash Drive.