Korea Investment CORP Sells 43,165 Shares of DoorDash, Inc. $DASH

Posted by Dante Gardener on Mar 9th, 2026

Korea Investment CORP decreased its stake in DoorDash, Inc. (NASDAQ:DASH – Free Report) by 15.6% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 233,805 shares of the company’s stock after selling 43,165 shares during the period. Korea Investment CORP’s holdings in DoorDash were worth $63,593,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Physician Wealth Advisors Inc. grew its position in shares of DoorDash by 284.0% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 96 shares of the company’s stock valued at $26,000 after acquiring an additional 71 shares during the period. Sound Income Strategies LLC lifted its stake in DoorDash by 2,760.0% in the third quarter. Sound Income Strategies LLC now owns 143 shares of the company’s stock valued at $39,000 after purchasing an additional 138 shares during the last quarter. Rossby Financial LCC lifted its stake in DoorDash by 127.8% in the third quarter. Rossby Financial LCC now owns 164 shares of the company’s stock valued at $44,000 after purchasing an additional 92 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC grew its holdings in DoorDash by 74.3% during the third quarter. Annis Gardner Whiting Capital Advisors LLC now owns 176 shares of the company’s stock valued at $48,000 after purchasing an additional 75 shares during the period. Finally, Asset Planning Inc bought a new position in shares of DoorDash during the 3rd quarter worth $50,000. 90.64% of the stock is currently owned by hedge funds and other institutional investors.

DoorDash Price Performance

DASH stock opened at $179.17 on Monday. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.41 and a quick ratio of 1.41. DoorDash, Inc. has a 1 year low of $155.40 and a 1 year high of $285.50. The firm has a 50-day moving average of $196.55 and a 200 day moving average of $225.32. The company has a market cap of $77.84 billion, a P/E ratio of 84.51 and a beta of 1.82.

DoorDash (NASDAQ:DASH – Get Free Report) last posted its quarterly earnings data on Wednesday, February 18th. The company reported $0.48 earnings per share for the quarter, missing the consensus estimate of $0.58 by ($0.10). DoorDash had a net margin of 6.82% and a return on equity of 10.15%. The firm had revenue of $3.96 billion for the quarter, compared to the consensus estimate of $3.98 billion. During the same period in the previous year, the firm posted $0.33 earnings per share. The business’s revenue was up 37.7% compared to the same quarter last year. On average, sell-side analysts forecast that DoorDash, Inc. will post 2.22 EPS for the current year.

Key Stories Impacting DoorDash

Here are the key news stories impacting DoorDash this week:

Positive Sentiment: Launched an AI-powered pizza customization experience to drive orders and engagement ahead of Pi Day. DoorDash Launches AI-Powered Pizza Customization Experience Ahead of Pi Day
Positive Sentiment: Rolled out an autonomous delivery robot pilot in Fremont — incremental automation that could lower last‑mile costs if scaled. DoorDash launches delivery robot in Fremont
Positive Sentiment: Shifting marketing toward social-first creative with hires (Ziwe, Rob Rausch) to improve ROAS and brand engagement. DoorDash Is Tapping Ziwe and Rob Rausch for Social Ads People Actually Like
Positive Sentiment: New merchant partnerships (Joe Fresh onboarding; Casey’s Feeding America campaign) expand the platform and support order volume/brand goodwill. Joe Fresh Launches On-Demand Delivery Through DoorDash
Neutral Sentiment: Company says it will “prioritize investments” during 2026 — signals continued spending on growth and product, which could support long‑term GMV but pressure near‑term margins. DoorDash (DASH) To Prioritize Investments During 2026
Neutral Sentiment: Promotions and coupon coverage (consumer discounts) can boost short‑term orders but may narrow unit economics. DoorDash Coupons: Get Free Delivery And 15% Off Your First Order
Neutral Sentiment: Reported short‑interest data in the feed is noisy/unusual (zero shares reported); no clear market signal from short activity. (internal data)
Negative Sentiment: Mizuho cut its expectations for DASH, lowering price outlook — an analyst downgrade that can weigh on sentiment and selling pressure. Mizuho Has Lowered Expectations for DoorDash (NASDAQ:DASH) Stock Price
Negative Sentiment: Multiple local stories of drivers being arrested or police completing deliveries (New Jersey, Greenbelt, Gloucester County) are minor reputational/operational hits that can prompt short‑term headlines and investor caution. N.J. police complete DoorDash delivery after arresting driver

Wall Street Analyst Weigh In

Several equities research analysts have commented on DASH shares. UBS Group cut their target price on shares of DoorDash from $245.00 to $240.00 and set a “neutral” rating for the company in a research report on Thursday, February 19th. Jefferies Financial Group raised their price target on DoorDash from $260.00 to $270.00 and gave the company a “buy” rating in a research report on Thursday, December 11th. Sanford C. Bernstein decreased their price target on shares of DoorDash from $285.00 to $270.00 and set an “outperform” rating on the stock in a research note on Thursday, February 19th. Piper Sandler reiterated a “neutral” rating and issued a $220.00 price objective (down from $230.00) on shares of DoorDash in a report on Thursday, February 19th. Finally, Barclays reduced their price target on DoorDash from $238.00 to $220.00 and set an “equal weight” rating on the stock in a research report on Thursday, February 19th. 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 company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $262.82.

Check Out Our Latest Stock Report on DoorDash

Insider Activity

In other news, CFO Ravi Inukonda sold 1,425 shares of the firm’s stock in a transaction on Friday, December 19th. The stock was sold at an average price of $231.97, for a total transaction of $330,557.25. Following the completion of the transaction, the chief financial officer directly owned 184,037 shares in the company, valued at $42,691,062.89. This trade represents a 0.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Stanley Tang sold 45,410 shares of the stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $222.53, for a total transaction of $10,105,087.30. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 220,826 shares of company stock valued at $48,944,946. 5.83% of the stock is currently owned by insiders.

About DoorDash

(Free Report)

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.