DoorDash, Inc. $DASH Shares Purchased by Contour Asset Management LLC

Contour Asset Management LLC increased its stake in shares of DoorDash, Inc. (NASDAQ:DASH) by 395.3% in the 4th quarter, Holdings Channel.com reports. The firm owned 359,631 shares of the company’s stock after purchasing an additional 287,023 shares during the period. DoorDash makes up 1.9% of Contour Asset Management LLC’s portfolio, making the stock its 18th largest holding. Contour Asset Management LLC’s holdings in DoorDash were worth $81,449,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Eastern Bank lifted its holdings in shares of DoorDash by 714.3% during the fourth quarter. Eastern Bank now owns 114 shares of the company’s stock worth $26,000 after purchasing an additional 100 shares during the period. Sunbelt Securities Inc. lifted its holdings in DoorDash by 124.1% in 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 period. Swiss RE Ltd. acquired a new position in shares of DoorDash during the 4th quarter worth $28,000. ST Germain D J Co. Inc. acquired a new position in shares of DoorDash during the 4th quarter worth $29,000. Finally, Morse Asset Management Inc acquired a new position in shares of DoorDash during the 3rd quarter worth $36,000. 90.64% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting DoorDash

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

Analysts Set New Price Targets

DASH has been the subject of a number of recent research reports. UBS Group lifted their price objective on DoorDash from $206.00 to $214.00 and gave the stock a “neutral” rating in a research report on Thursday, May 7th. Weiss Ratings upgraded DoorDash from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, May 13th. DA Davidson dropped their price objective on DoorDash from $224.00 to $200.00 and set a “neutral” rating for the company in a research report on Thursday, May 7th. Citigroup dropped their price objective on DoorDash from $280.00 to $250.00 and set a “buy” rating for the company in a research report on Friday, May 8th. Finally, Rothschild & Co Redburn set a $350.00 price target on DoorDash in a report on Tuesday, May 12th. Two investment 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 company. According to MarketBeat.com, DoorDash presently has a consensus rating of “Moderate Buy” and a consensus price target of $256.11.

DoorDash Stock Down 2.6%

Shares of NASDAQ:DASH opened at $165.66 on Thursday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.43 and a current ratio of 1.43. DoorDash, Inc. has a 1 year low of $143.30 and a 1 year high of $285.50. The stock has a market capitalization of $72.18 billion, a P/E ratio of 78.89 and a beta of 1.83. The stock has a 50-day simple moving average of $163.46 and a 200-day simple moving average of $183.56.

DoorDash (NASDAQ:DASH) last released its quarterly earnings results on Wednesday, May 6th. The company reported $0.42 EPS for the quarter, topping the consensus estimate of $0.36 by $0.06. The firm had revenue of $4.04 billion for 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%.DoorDash’s revenue for the quarter was up 33.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.44 EPS. Equities analysts forecast that DoorDash, Inc. will post 2.45 earnings per share for the current year.

Insider Buying and Selling

In related news, General Counsel Tia Sherringham sold 2,743 shares of the business’s stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $160.79, for a total transaction of $441,046.97. Following the transaction, the general counsel directly owned 128,216 shares of the company’s stock, valued at approximately $20,615,850.64. The trade was a 2.09% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Keith Yandell sold 2,643 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $155.34, for a total value of $410,563.62. Following the transaction, the insider directly owned 81,106 shares in the company, valued at $12,599,006.04. This trade represents a 3.16% 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 quarter, insiders sold 68,558 shares of company stock valued at $10,914,640. 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.