Krilogy Financial LLC Acquires Shares of 7,262 DoorDash, Inc. $DASH

Krilogy Financial LLC bought a new position in DoorDash, Inc. (NASDAQ:DASH) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 7,262 shares of the company’s stock, valued at approximately $1,975,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Physician Wealth Advisors Inc. grew its stake in DoorDash by 284.0% in the third quarter. Physician Wealth Advisors Inc. now owns 96 shares of the company’s stock worth $26,000 after purchasing an additional 71 shares during the period. Sound Income Strategies LLC boosted its holdings in shares of DoorDash by 2,760.0% during the 3rd quarter. Sound Income Strategies LLC now owns 143 shares of the company’s stock valued at $39,000 after buying an additional 138 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC grew its position in shares of DoorDash by 74.3% in the 3rd quarter. Annis Gardner Whiting Capital Advisors LLC now owns 176 shares of the company’s stock worth $48,000 after buying an additional 75 shares during the period. Concord Wealth Partners bought a new position in shares of DoorDash in the 3rd quarter worth about $50,000. Finally, Asset Planning Inc purchased a new position in DoorDash during the 3rd quarter valued at about $50,000. Hedge funds and other institutional investors own 90.64% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on DASH shares. BMO Capital Markets reiterated an “outperform” rating on shares of DoorDash in a report on Friday, December 12th. Guggenheim lowered their price objective on DoorDash from $280.00 to $275.00 and set a “buy” rating for the company in a research note on Thursday, January 29th. Argus cut their target price on DoorDash from $275.00 to $260.00 and set a “buy” rating on the stock in a research note on Friday, December 12th. Bank of America lowered their price target on DoorDash from $325.00 to $305.00 and set a “buy” rating for the company in a research report on Thursday, November 6th. Finally, Stifel Nicolaus cut their price objective on shares of DoorDash from $253.00 to $224.00 and set a “hold” rating on the stock in a research report on Tuesday, January 27th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $280.24.

DoorDash Price Performance

Shares of NASDAQ:DASH opened at $175.47 on Thursday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 2.04 and a current ratio of 2.04. The firm has a market cap of $75.63 billion, a price-to-earnings ratio of 89.07 and a beta of 1.77. The business has a 50-day simple moving average of $215.75 and a two-hundred day simple moving average of $235.16. DoorDash, Inc. has a fifty-two week low of $155.40 and a fifty-two week high of $285.50.

Key DoorDash News

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Reminder of recurring grocery demand and partnership revenue: Coverage of Kroger’s turnaround highlights DoorDash as a continuing last‑mile partner for grocers — a signal that DoorDash can capture recurring, higher‑margin grocery/retail delivery revenue. Read More.
• Positive Sentiment: Fraud enforcement reduces a prior loss source: Sentencing in a $2.5M “phantom orders” scheme and related convictions suggest the company’s anti‑fraud measures and law‑enforcement cooperation are producing outcomes that limit future fraud losses. Read More.
• Neutral Sentiment: Noisy short‑interest data: Feeds show a “large increase” in short interest but published figures are inconsistent/erroneous (zeros/NaN). Until cleaned up, short‑interest reporting is unlikely to be a reliable driver of price action. (internal short‑interest entries)
• Neutral Sentiment: Analyst and earnings previews keep expectations cautious: Zacks flagged DoorDash as lacking the ideal setup for an earnings beat and broader valuation writeups call the stock’s P/E rich after recent weakness — this keeps upside limited until results and guidance land. Read More.
• Negative Sentiment: Insider selling: Director Shona L. Brown sold 1,250 shares (~3.7% reduction in her stake) at about $181 on Feb. 9 — a modest sale but one that can create negative headlines while sentiment is fragile. Read More.
• Negative Sentiment: Fatal hit‑and‑run and resulting lawsuits raise legal/reputational risk: Coverage of a Queens hit‑and‑run involving a DoorDash driver and subsequent family lawsuits could increase potential liability and regulatory scrutiny; such incidents weigh on investor sentiment. Read More.
• Negative Sentiment: Multiple driver incidents and legal claims add operational noise: Recent reports about driver arrests, a tasing incident, and immigration-related fallout increase perceived compliance and oversight costs for the platform. Read More.
• Negative Sentiment: Ongoing litigation headline risk: Multiple lawsuits tied to driver conduct remain pending—these could produce settlements, higher insurance or compliance costs, and continued negative press. Read More.

Insider Activity

In other DoorDash news, Director Stanley Tang sold 45,410 shares of the business’s stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $222.53, for a total transaction of $10,105,087.30. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Tony Xu sold 288,410 shares of the firm’s stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $196.04, for a total value of $56,539,896.40. Following the completion of the transaction, the chief executive officer owned 232,040 shares in the company, valued at approximately $45,489,121.60. This trade represents a 55.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 604,135 shares of company stock valued at $124,509,080 over the last three months. Corporate insiders own 5.83% of the company’s stock.

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.