16,523 DoorDash, Inc. $DASH Shares Acquired by Knights of Columbus Asset Advisors LLC

Knights of Columbus Asset Advisors LLC lifted its stake in DoorDash, Inc. (NASDAQ:DASH) by 108.4% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 31,771 shares of the company’s stock after acquiring an additional 16,523 shares during the period. Knights of Columbus Asset Advisors LLC’s holdings in DoorDash were worth $5,832,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Mesirow Financial Investment Management Inc. raised its holdings in DoorDash by 59.7% in the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 13,625 shares of the company’s stock worth $2,501,000 after acquiring an additional 5,092 shares during the period. Keybank National Association OH lifted its position in DoorDash by 2,914.8% during the 3rd quarter. Keybank National Association OH now owns 160,962 shares of the company’s stock worth $29,545,000 after acquiring an additional 155,623 shares during the last quarter. New York Life Investment Management LLC lifted its position in DoorDash by 391.2% during the 3rd quarter. New York Life Investment Management LLC now owns 259,271 shares of the company’s stock worth $47,589,000 after acquiring an additional 206,484 shares during the last quarter. 71 West Capital Partners boosted its holdings in DoorDash by 807.9% during the third quarter. 71 West Capital Partners now owns 10,123 shares of the company’s stock valued at $1,858,000 after acquiring an additional 9,008 shares during the period. Finally, Nemes Rush Group LLC boosted its holdings in DoorDash by 18.7% during the third quarter. Nemes Rush Group LLC now owns 1,899 shares of the company’s stock valued at $329,000 after acquiring an additional 299 shares during the period. 90.64% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. Mizuho set a $255.00 price objective on DoorDash in a research note on Friday, October 30th. Susquehanna increased their target price on DoorDash from $225.00 to $250.00 and gave the company a “positive” rating in a research note on Friday, August 7th. UBS Group lowered their target price on DoorDash from $225.00 to $213.00 and set a “neutral” rating on the stock in a report on Friday, October 30th. Zacks Research raised DoorDash from a “strong sell” rating to a “hold” rating in a research report on Monday, August 17th. Finally, Rosenblatt Securities dropped their price target on DoorDash from $270.00 to $225.00 and set a “buy” rating on the stock in a research report on Friday, November 6th. One investment analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, DoorDash has an average rating of “Moderate Buy” and a consensus target price of $249.82.

DoorDash Stock Performance

NASDAQ:DASH opened at $178.25 on Wednesday. The firm’s 50-day moving average is $191.19 and its 200-day moving average is $182.24. DoorDash, Inc. has a 52-week low of $143.30 and a 52-week high of $239.00. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.46 and a current ratio of 1.46. The company has a market cap of $77.71 billion, a price-to-earnings ratio of 73.66, a PEG ratio of 1.50 and a beta of 1.98.

DoorDash (NASDAQ:DASH) last announced its quarterly earnings data on Thursday, October 29th. The company reported $1.06 EPS for the quarter, beating analysts’ consensus estimates of $0.81 by $0.25. DoorDash had a net margin of 6.23% and a return on equity of 10.40%. The business had revenue of $4.62 billion during the quarter, compared to analyst estimates of $4.56 billion. During the same quarter in the prior year, the business earned $0.55 earnings per share. The firm’s revenue for the quarter was up 34.0% on a year-over-year basis. Equities research analysts anticipate that DoorDash, Inc. will post 2.69 earnings per share for the current year.

More DoorDash News

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Reports say AI agents have generated only a small number of orders on DoorDash and other delivery and ride-hailing apps, suggesting that agent-driven ordering is not yet a meaningful threat to DoorDash’s customer channel. Article: Almost nobody uses AI agents to order food or rides on apps like Uber
• Neutral Sentiment: Coverage puts the proposed $17 billion Instacart deal in focus. DoorDash is described as growing quickly, while Instacart has argued the transaction should be approved given competition from Walmart and Amazon. The deal could offer strategic scale, but its approval and eventual execution remain important uncertainties for investors. Article: DoorDash (DASH) Is Growing Fast, but Its $17 Billion Instacart Deal Takes Center Stage Article: Instacart points to Walmart and Amazon as reasons its merger with DoorDash should be approved
• Neutral Sentiment: Multiple outlets report that a Pennsylvania DoorDash driver is missing. The reports describe an ongoing search, not a company operational or financial development; any direct impact on DASH is unclear. Article: DoorDash driver mysteriously disappeared after making his last delivery, reports say
• Negative Sentiment: Uber has asked an appeals court to keep a case involving DoorDash out of arbitration. The dispute adds legal uncertainty, though the article does not report a ruling or quantify potential financial exposure. Article: Uber Asks Appeals Court to Keep DoorDash Case Out of Arbitration

Insider Activity

In other DoorDash news, Director Stanley Tang sold 72,367 shares of the company’s stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $225.16, for a total value of $16,294,153.72. Following the completion of the transaction, the director owned 10,361 shares of the company’s stock, valued at $2,332,882.76. This represents a 87.48% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, COO Prabir Adarkar sold 55,289 shares of the firm’s stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $231.76, for a total value of $12,813,778.64. Following the completion of the sale, the chief operating officer owned 930,211 shares of the company’s stock, valued at $215,585,701.36. This represents a 5.61% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 349,430 shares of company stock valued at $76,644,002. Corporate insiders own 44.90% of the company’s stock.

DoorDash Company Profile

DoorDash, Inc. operates a local commerce platform that connects consumers with restaurants and other merchants, as well as with independent delivery workers. Through its app and website, customers can order restaurant meals, groceries, convenience items and products from other local retailers for delivery or pickup. The company also provides services for merchants, including tools for online ordering, marketing and fulfillment. Its offerings include DoorDash Drive, which provides delivery logistics for merchants’ own orders, and DashPass, a subscription program for eligible orders.