DoorDash, Inc. $DASH Shares Sold by Franklin Resources Inc.

Franklin Resources Inc. lowered its stake in shares of DoorDash, Inc. (NASDAQ:DASH) by 5.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,785,430 shares of the company’s stock after selling 199,649 shares during the quarter. Franklin Resources Inc.’s holdings in DoorDash were worth $1,029,599,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of DASH. Vanguard Group Inc. boosted its holdings in DoorDash by 3.7% in the third quarter. Vanguard Group Inc. now owns 42,712,908 shares of the company’s stock valued at $11,617,484,000 after purchasing an additional 1,522,823 shares during the period. State Street Corp increased its holdings in DoorDash by 3.1% during the 2nd quarter. State Street Corp now owns 14,387,499 shares of the company’s stock worth $3,546,662,000 after purchasing an additional 427,722 shares during the period. Capital World Investors raised its position in DoorDash by 0.9% in the 3rd quarter. Capital World Investors now owns 10,865,927 shares of the company’s stock valued at $2,955,424,000 after purchasing an additional 95,278 shares in the last quarter. Geode Capital Management LLC raised its position in DoorDash by 2.9% in the 2nd quarter. Geode Capital Management LLC now owns 7,951,230 shares of the company’s stock valued at $1,950,711,000 after purchasing an additional 223,188 shares in the last quarter. Finally, Invesco Ltd. boosted its stake in shares of DoorDash by 12.0% in the 2nd quarter. Invesco Ltd. now owns 5,375,480 shares of the company’s stock valued at $1,325,110,000 after buying an additional 575,629 shares during the period. 90.64% of the stock is currently owned by institutional investors and hedge funds.

DoorDash Price Performance

Shares of NASDAQ DASH opened at $169.93 on Wednesday. The stock’s 50-day simple moving average is $194.30 and its 200-day simple moving average is $224.29. The firm has a market capitalization of $73.82 billion, a PE ratio of 80.16 and a beta of 1.82. DoorDash, Inc. has a fifty-two week low of $155.40 and a fifty-two week high of $285.50. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.41 and a current ratio of 1.41.

DoorDash (NASDAQ:DASH) last announced its quarterly earnings results on Wednesday, February 18th. The company reported $0.48 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.10). The business had revenue of $3.96 billion during the quarter, compared to analyst estimates of $3.98 billion. DoorDash had a net margin of 6.82% and a return on equity of 10.15%. The business’s revenue for the quarter was up 37.7% compared to the same quarter last year. During the same period last year, the company earned $0.33 earnings per share. As a group, equities research analysts forecast that DoorDash, Inc. will post 2.22 EPS for the current fiscal year.

Insider Buying and Selling at DoorDash

In other news, CFO Ravi Inukonda sold 1,017 shares of the business’s stock in a transaction that occurred on Wednesday, January 14th. The shares were sold at an average price of $215.14, for a total transaction of $218,797.38. Following the completion of the sale, the chief financial officer owned 208,412 shares in the company, valued at approximately $44,837,757.68. The trade was a 0.49% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Tony Xu sold 16,667 shares of the company’s stock in a transaction on Monday, January 5th. The shares were sold at an average price of $230.00, for a total transaction of $3,833,410.00. Following the completion of the transaction, the chief executive officer owned 1,500 shares of the company’s stock, valued at approximately $345,000. The trade was a 91.74% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 204,159 shares of company stock worth $45,111,536. 5.83% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on DASH. Wedbush boosted their price objective on DoorDash from $260.00 to $270.00 and gave the stock an “outperform” rating in a research report on Friday, December 19th. Stifel Nicolaus reduced their target price on shares of DoorDash from $253.00 to $224.00 and set a “hold” rating on the stock in a report on Tuesday, January 27th. KeyCorp lifted their price target on shares of DoorDash from $275.00 to $280.00 and gave the stock an “overweight” rating in a research note on Thursday, February 19th. Sanford C. Bernstein lowered their price target on shares of DoorDash from $285.00 to $270.00 and set an “outperform” rating for the company in a report on Thursday, February 19th. Finally, Citigroup dropped their price objective on shares of DoorDash from $283.00 to $280.00 and set a “buy” rating on the stock in a research report on Friday, February 20th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat.com, DoorDash currently has a consensus rating of “Moderate Buy” and an average target price of $262.82.

DoorDash News Roundup

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Promotions: DoorDash appears in roundups of gift-card deals that can drive near-term order volume and pre-paid cash flow for the platform. Gift card deals
• Neutral Sentiment: Short-interest report looks anomalous (shows increases but lists zero shares/NaN), suggesting a data/reporting error rather than a material change in bearish positioning; monitor for corrected filings.
• Neutral Sentiment: Brand engagement pieces (e.g., local Easter candy popularity) and consumer-interest stories are marketing touchpoints but unlikely to move fundamentals. Easter candy story
• Negative Sentiment: Data breach: DoorDash notified users of a breach, which raises short-term reputational risk, potential remediation costs and regulatory scrutiny—negative for sentiment until scope and impact are clarified. Data breach
• Negative Sentiment: Analyst/valuation pressure: A Zacks piece highlights DASH’s ~32% decline over six months, citing fierce competition and valuation concerns despite order growth—reinforces bearish investor narratives. Zacks valuation piece
• Negative Sentiment: Driver-related safety & operational stories: multiple reports of scams targeting drivers, an arrest of a DoorDash driver, and customer complaints about driver responsibilities create incremental reputational and operational concerns that could pressure margins or recruitment. Driver scam Driver arrest Driver responsibility complaint

About DoorDash

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.