Alta Park Capital LP Takes Position in DoorDash, Inc. $DASH

Alta Park Capital LP purchased a new position in DoorDash, Inc. (NASDAQ:DASH) in the fourth quarter, Holdings Channel reports. The fund purchased 80,794 shares of the company’s stock, valued at approximately $18,298,000. DoorDash accounts for 2.2% of Alta Park Capital LP’s holdings, making the stock its 24th biggest holding.

Other institutional investors have also recently added to or reduced their stakes in the company. Eastern Bank grew its stake in DoorDash by 714.3% in the 4th quarter. Eastern Bank now owns 114 shares of the company’s stock valued at $26,000 after acquiring an additional 100 shares during the period. Sunbelt Securities Inc. raised its holdings in shares of DoorDash by 124.1% during the third quarter. Sunbelt Securities Inc. now owns 121 shares of the company’s stock valued at $33,000 after acquiring an additional 67 shares during the last quarter. Swiss RE Ltd. acquired a new position in shares of DoorDash during the fourth quarter valued at approximately $28,000. ST Germain D J Co. Inc. acquired a new position in shares of DoorDash during the fourth quarter valued at approximately $29,000. Finally, Morse Asset Management Inc acquired a new position in shares of DoorDash during the third quarter valued at approximately $36,000. Institutional investors and hedge funds own 90.64% of the company’s stock.

Insiders Place Their Bets

In related news, Director Stanley Tang sold 21,433 shares of the stock in a transaction that occurred on Thursday, April 2nd. The stock was sold at an average price of $150.00, for a total value of $3,214,950.00. Following the completion of the transaction, the director directly owned 19,279 shares in the company, valued at approximately $2,891,850. This represents a 52.65% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 value of $3,374,979.75. Following the completion of the transaction, the chief operating officer owned 959,076 shares of the company’s stock, valued at $148,896,549. The trade was a 2.22% 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. Over the last ninety days, insiders have sold 68,558 shares of company stock valued at $10,914,640. 5.83% of the stock is currently owned by insiders.

Key DoorDash News

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Unusual options activity showed strong bullish interest, with traders buying 35,788 DoorDash call options, well above the typical volume. Q1 Earnings Highs And Lows: DoorDash (NASDAQ:DASH) Vs The Rest Of The Gig Economy Stocks
• Positive Sentiment: DoorDash said the issue affecting thousands of customers has been resolved, which may help limit longer-term damage from the outage. DoorDash says ‘issue’ affecting thousands of customers has been resolved
• Positive Sentiment: DoorDash-related advertising continues to generate attention, including a Brooklyn Beckham campaign tied to the World Cup, which could support brand visibility. Brooklyn Beckham references family feud in DoorDash World Cup ad
• Neutral Sentiment: Several articles focused on operational questions such as whether DoorDash was down, whether driver work remains profitable, and restaurant-discovery features; these are more informational than market-moving. Is being a DoorDash driver still profitable in the US in 2026?
• Negative Sentiment: DoorDash suffered a major outage, with thousands of users reporting problems and some reports citing roughly 36,000 affected customers in major cities, which could hurt near-term sentiment. DoorDash faces outages: 36,000 users report issues in major cities
• Negative Sentiment: Repeated headlines about the app being down and order issues may reinforce investor concerns about platform reliability and customer churn. Is DoorDash down? Thousands of users report issues with the platform

Analyst Ratings Changes

A number of equities analysts have commented on the company. BTIG Research reduced their target price on DoorDash from $280.00 to $225.00 and set a “buy” rating for the company in a report on Friday, June 12th. Guggenheim reduced their target price on DoorDash from $275.00 to $255.00 and set a “buy” rating for the company in a report on Thursday, February 19th. UBS Group increased their target price on DoorDash from $206.00 to $214.00 and gave the company a “neutral” rating in a report on Thursday, May 7th. KeyCorp increased their target price on DoorDash from $275.00 to $280.00 and gave the company an “overweight” rating in a report on Thursday, February 19th. Finally, Cantor Fitzgerald cut their price target on DoorDash from $285.00 to $230.00 and set an “overweight” rating for the company in a report on Thursday, February 19th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $256.11.

DoorDash Trading Down 2.6%

Shares of DoorDash stock opened at $165.66 on Thursday. The firm has a market capitalization of $72.18 billion, a price-to-earnings ratio of 78.89 and a beta of 1.83. DoorDash, Inc. has a fifty-two week low of $143.30 and a fifty-two week high of $285.50. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.43 and a current ratio of 1.43. The stock has a 50 day moving average of $163.46 and a 200 day moving average of $183.56.

DoorDash (NASDAQ:DASH) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.36 by $0.06. The company had revenue of $4.04 billion during the quarter, compared to analyst estimates of $4.15 billion. DoorDash had a return on equity of 9.58% and a net margin of 6.29%.The firm’s revenue for the quarter was up 33.1% compared to the same quarter last year. During the same period in the prior year, the business posted $0.44 earnings per share. As a group, research analysts predict that DoorDash, Inc. will post 2.45 earnings per share for the current year.

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.