Keystone Investors PTE Ltd. acquired a new stake in shares of DoorDash, Inc. (NASDAQ:DASH – Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 5,303 shares of the company’s stock, valued at approximately $1,201,000.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Keel Point LLC raised its position in shares of DoorDash by 4.3% during the third quarter. Keel Point LLC now owns 1,393 shares of the company’s stock worth $379,000 after purchasing an additional 58 shares during the period. Petra Financial Advisors Inc. raised its position in shares of DoorDash by 2.2% during the third quarter. Petra Financial Advisors Inc. now owns 2,764 shares of the company’s stock worth $752,000 after purchasing an additional 59 shares during the period. CYBER HORNET ETFs LLC raised its position in shares of DoorDash by 6.5% during the fourth quarter. CYBER HORNET ETFs LLC now owns 979 shares of the company’s stock worth $222,000 after purchasing an additional 60 shares during the period. Cary Street Partners Investment Advisory LLC raised its position in shares of DoorDash by 8.1% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 843 shares of the company’s stock worth $229,000 after purchasing an additional 63 shares during the period. Finally, Vise Technologies Inc. raised its position in shares of DoorDash by 1.8% during the fourth quarter. Vise Technologies Inc. now owns 3,517 shares of the company’s stock worth $796,000 after purchasing an additional 63 shares during the period. Institutional investors and hedge funds own 90.64% of the company’s stock.
Insider Buying and Selling
In related news, COO Prabir Adarkar sold 21,739 shares of the stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $155.25, for a total transaction of $3,374,979.75. Following the sale, the chief operating officer directly owned 959,076 shares in the company, valued at $148,896,549. This represents a 2.22% decrease in their position. The transaction was disclosed in a legal 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, Director Stanley Tang sold 21,433 shares of DoorDash stock in a transaction on Thursday, April 2nd. The shares were sold at an average price of $150.00, for a total value of $3,214,950.00. Following the completion of the sale, the director directly owned 19,279 shares of the company’s stock, valued at $2,891,850. This trade represents a 52.65% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 68,558 shares of company stock valued at $10,914,640. 5.83% of the stock is currently owned by corporate insiders.
DoorDash Stock Down 2.6%
DoorDash (NASDAQ:DASH – Get Free Report) last issued its earnings results on Wednesday, May 6th. The company reported $0.42 EPS for the quarter, beating analysts’ consensus estimates of $0.36 by $0.06. The firm had revenue of $4.04 billion for the quarter, compared to the consensus estimate of $4.15 billion. DoorDash had a return on equity of 9.58% and a net margin of 6.29%.The business’s quarterly revenue was up 33.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.44 earnings per share. On average, sell-side analysts forecast that DoorDash, Inc. will post 2.45 earnings per share for the current fiscal year.
Analyst Ratings Changes
Several research analysts recently weighed in on the company. KeyCorp upped their price target on DoorDash from $275.00 to $280.00 and gave the company an “overweight” rating in a research report on Thursday, February 19th. Benchmark upped their price target on DoorDash from $280.00 to $285.00 and gave the company a “buy” rating in a research report on Thursday, February 19th. Mizuho dropped their price target on DoorDash from $320.00 to $255.00 and set an “outperform” rating on the stock in a research report on Tuesday, March 3rd. DA Davidson dropped their price target on DoorDash from $224.00 to $200.00 and set a “neutral” rating on the stock in a research report on Thursday, May 7th. Finally, TD Cowen assumed coverage on DoorDash in a research report on Monday, April 27th. They set a “buy” rating and a $225.00 price target on the stock. Two research analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $256.11.
Get Our Latest Analysis on DoorDash
Key DoorDash News
Here are the key news stories impacting DoorDash this week:
- Positive Sentiment: DoorDash launched “Ask DoorDash,” a new conversational AI assistant that lets users search for meals and groceries, order with natural-language prompts or photos, and even book restaurant reservations. Investors may see this as a potential engagement and conversion driver. Article Title
- Positive Sentiment: The AI rollout was widely covered across multiple outlets, reinforcing the idea that DoorDash is expanding its platform beyond simple delivery into more personalized shopping and reservation tools, which could help support long-term growth. Article Title
- Positive Sentiment: DoorDash and NJ TRANSIT announced a FIFA World Cup 2026 sponsorship, adding brand visibility ahead of a major global event and potentially supporting consumer awareness. Article Title
- Neutral Sentiment: BTIG Research lowered its price target on DoorDash from $280 to $225, but kept a buy rating and still sees meaningful upside from current levels. This may temper enthusiasm, but it does not signal a bearish shift. Article Title
- Neutral Sentiment: Promotional coverage around World Cup discounts and broader stock-performance articles may have limited direct impact on the shares, but they add to overall visibility around the brand. Article Title
DoorDash Company 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.
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