Envestnet Asset Management Inc. Buys 49,377 Shares of DoorDash, Inc. $DASH

Envestnet Asset Management Inc. boosted its position in shares of DoorDash, Inc. (NASDAQ:DASH) by 27.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 228,189 shares of the company’s stock after acquiring an additional 49,377 shares during the period. Envestnet Asset Management Inc.’s holdings in DoorDash were worth $62,065,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Gilbert & Cook Inc. boosted its position in shares of DoorDash by 2.6% during the 2nd quarter. Gilbert & Cook Inc. now owns 1,685 shares of the company’s stock valued at $415,000 after acquiring an additional 42 shares in the last quarter. Resonant Capital Advisors LLC lifted its position in DoorDash by 3.5% during the 3rd quarter. Resonant Capital Advisors LLC now owns 1,229 shares of the company’s stock worth $334,000 after buying an additional 42 shares in the last quarter. Premier Path Wealth Partners LLC lifted its position in shares of DoorDash by 1.9% during the third quarter. Premier Path Wealth Partners LLC now owns 2,414 shares of the company’s stock worth $657,000 after purchasing an additional 45 shares in the last quarter. Advisory Resource Group raised its position in DoorDash by 0.8% in the 2nd quarter. Advisory Resource Group now owns 5,774 shares of the company’s stock worth $1,423,000 after purchasing an additional 48 shares during the last quarter. Finally, Quotient Wealth Partners LLC boosted its holdings in DoorDash by 3.2% in the third quarter. Quotient Wealth Partners LLC now owns 1,537 shares of the company’s stock valued at $418,000 after acquiring an additional 48 shares during the last quarter. 90.64% of the stock is currently owned by institutional investors and hedge funds.

DoorDash Stock Down 0.8%

Shares of DASH stock opened at $182.47 on Monday. The firm’s fifty day moving average price is $217.70 and its two-hundred day moving average price is $236.44. The company has a current ratio of 2.04, a quick ratio of 2.04 and a debt-to-equity ratio of 0.29. DoorDash, Inc. has a 1 year low of $155.40 and a 1 year high of $285.50. The firm has a market capitalization of $78.64 billion, a P/E ratio of 92.62 and a beta of 1.77.

DoorDash News Summary

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Major Super Bowl marketing push — DoorDash launched its “Big Beef” / “Beef 101” campaign starring 50 Cent, a high‑visibility ad buy that should boost brand awareness and order volume around a peak spending moment. DoorDash’s Super Bowl LX ad ‘Beef 101’
• Positive Sentiment: Payment expansion increases addressable market — DoorDash expanded SNAP/EBT acceptance to additional grocers and retailers (Wegmans, CVS, Lowes Foods, Rouses, Dierbergs), likely supporting more grocery/retail orders from lower‑income households. DoorDash Expands SNAP/EBT Payment
• Positive Sentiment: Community and local PR — Project DASH delivered 500+ meals to Queens Medicaid recipients, reinforcing local goodwill and corporate social responsibility. Project DASH to the rescue
• Neutral Sentiment: Analyst coverage mostly constructive — Sell‑side firms continue to lean buy/outperform despite some target trims, signaling confidence in long‑term monetization even as DoorDash invests. Buy Rating Upheld
• Neutral Sentiment: Consumer features and lifestyle coverage — Gift guides and opinion pieces keep the brand top‑of‑mind but are unlikely to move fundamentals materially. Last-Minute DoorDash Gifts
• Negative Sentiment: Significant insider selling — Co‑founder/director Stanley Tang sold ~45,410 shares (~$9.49M at reported prices) in early February; a director (Ashley Still) also sold a small parcel. Large insider sales can increase perceived supply and pressure sentiment. Stanley Tang Form 4 (SEC) Ashley Still Form 4 (SEC)
• Negative Sentiment: Isolated delivery incident and local PR risk — A reported customer incident caught on camera is a reminder of operational/quality control risks; isolated now but could matter if incidents accumulate. Toledo delivery incident

Insiders Place Their Bets

In other DoorDash news, COO Prabir Adarkar sold 15,000 shares of the business’s stock in a transaction that occurred on Tuesday, January 20th. The stock was sold at an average price of $204.59, for a total transaction of $3,068,850.00. Following the transaction, the chief operating officer owned 874,130 shares of the company’s stock, valued at $178,838,256.70. The trade was a 1.69% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Shona L. Brown sold 1,250 shares of the firm’s stock in a transaction on Friday, January 9th. The shares were sold at an average price of $222.33, for a total transaction of $277,912.50. Following the completion of the transaction, the director directly owned 33,502 shares of the company’s stock, valued at $7,448,499.66. This represents a 3.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 602,885 shares of company stock valued at $124,282,480 in the last quarter. 5.83% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the company. Wolfe Research set a $270.00 price target on DoorDash in a research report on Monday, January 5th. Oppenheimer reaffirmed an “outperform” rating and issued a $280.00 price target on shares of DoorDash in a research note on Thursday, November 6th. Barclays lowered their price objective on shares of DoorDash from $272.00 to $238.00 and set an “equal weight” rating for the company in a research report on Thursday, November 6th. KeyCorp cut their price objective on shares of DoorDash from $280.00 to $275.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 20th. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of DoorDash in a report on Friday, December 12th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, DoorDash presently has a consensus rating of “Moderate Buy” and a consensus price target of $279.09.

DoorDash 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.