208,266 Shares in DoorDash, Inc. $DASH Purchased by Danske Bank A S

Key Points

• Danske Bank established a new stake in DoorDash, buying 208,266 shares in the 3rd quarter valued at about $56.65 million per the fund's 13F filing.
• DoorDash reported an EPS miss of $0.48 versus $0.58 expected while revenue rose 37.7% to $3.96 billion, and the stock traded down about 2.8% on the update.
• Institutional investors own roughly 90.6% of the company, while insiders sold about 188,742 shares (~$41.5M) over the last quarter and now hold approximately 5.8% of the stock.

Danske Bank A S purchased a new stake in DoorDash, Inc. (NASDAQ:DASH - Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 208,266 shares of the company's stock, valued at approximately $56,646,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. American Century Companies Inc. increased its stake in DoorDash by 5.0% in the 3rd quarter. American Century Companies Inc. now owns 485,088 shares of the company's stock valued at $131,941,000 after buying an additional 22,944 shares during the period. Greenland Capital Management LP lifted its stake in shares of DoorDash by 637.5% in the 2nd quarter. Greenland Capital Management LP now owns 23,572 shares of the company's stock worth $5,811,000 after acquiring an additional 20,376 shares during the period. Caprock Group LLC acquired a new stake in shares of DoorDash in the 3rd quarter worth $3,169,000. Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in shares of DoorDash by 7.1% in the third quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 806,191 shares of the company's stock valued at $219,276,000 after acquiring an additional 53,722 shares in the last quarter. Finally, Williamson Legacy Group LLC purchased a new stake in shares of DoorDash in the second quarter valued at about $1,264,000. 90.64% of the stock is owned by hedge funds and other institutional investors.

DoorDash Stock Down 2.8%

Shares of NASDAQ DASH opened at $164.99 on Thursday. The stock has a market capitalization of $71.68 billion, a price-to-earnings ratio of 77.83 and a beta of 1.82. DoorDash, Inc. has a 52 week low of $155.40 and a 52 week high of $285.50. The firm has a 50-day moving average price of $187.01 and a 200 day moving average price of $221.07. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.27.

DoorDash (NASDAQ:DASH - Get Free Report) last issued its earnings results on Wednesday, February 18th. The company reported $0.48 earnings per share for the quarter, missing the consensus estimate of $0.58 by ($0.10). DoorDash had a return on equity of 10.15% and a net margin of 6.82%.The company had revenue of $3.96 billion for the quarter, compared to analyst estimates of $3.98 billion. During the same quarter in the previous year, the company posted $0.33 earnings per share. The company's quarterly revenue was up 37.7% compared to the same quarter last year. Equities research analysts anticipate that DoorDash, Inc. will post 2.22 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. Mizuho cut their price target on shares of DoorDash from $320.00 to $255.00 and set an "outperform" rating for the company in a report on Tuesday, March 3rd. Argus lowered their price objective on DoorDash from $275.00 to $260.00 and set a "buy" rating on the stock in a report on Friday, December 12th. Zacks Research raised DoorDash from a "strong sell" rating to a "hold" rating in a report on Thursday, February 12th. UBS Group cut their target price on DoorDash from $245.00 to $240.00 and set a "neutral" rating for the company in a research note on Thursday, February 19th. Finally, Stifel Nicolaus reduced their price target on DoorDash from $253.00 to $224.00 and set a "hold" rating for the company in a report on Tuesday, January 27th. One investment 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 company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $262.82.

Trending Headlines about DoorDash

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Bernstein reaffirmed an "Outperform" rating and highlighted DoorDash's reinvestment-driven growth strategy, a vote of confidence from an institutional analyst that can support the stock. DoorDash (DASH) reinforces growth strategy through continued reinvestment, Bernstein reaffirms outperform
• Positive Sentiment: DoorDash is expanding into restaurant reservations and paying users to dine at partner restaurants — a strategic push to capture higher-value transactions and compete with rivals in the "reservation wars," which could boost take rates and engagement over time. As Reservation Wars Heat Up, DoorDash Will Pay You to Eat at a Restaurant
• Positive Sentiment: Viral human-interest coverage of a 78‑year‑old DoorDash driver has generated large public donations and positive PR; DoorDash and its CEO contributed $20,000 to the fundraiser, a goodwill event that helps brand perception and driver relations. 78-year-old DoorDash driver gets massive tip from thousands of strangers after viral doorbell video
• Neutral Sentiment: Unusual options activity: traders bought ~42,347 call options in a single day (about a 140% jump vs. average), signaling speculative or hedged bullish interest but not confirming directional fundamentals. (No article link available)
• Negative Sentiment: A proposed $16.75M settlement related to a class action has been announced; while small relative to DoorDash's market cap, it is a legal overhang and could inspire additional scrutiny or costs. See if you qualify for DoorDash’s $16.75M settlement
• Negative Sentiment: A report that a DoorDash driver pulled a gun on a gate guard and is now suing a Myrtle Beach-area HOA raises reputational and liability concerns tied to gig‑worker conduct and local dispute escalation. DoorDash driver pulls gun on gate guard. He's now suing Myrtle Beach area HOA
• Negative Sentiment: Separately, a high-profile trial began for the highway superintendent who fatally shot a DoorDash worker — a tragic incident that keeps safety and liability in the headlines and could pressure sentiment. Trial for highway superintendent who shot DoorDash worker kicks off

Insiders Place Their Bets

In related news, Director Stanley Tang sold 45,410 shares of DoorDash stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $209.01, for a total transaction of $9,491,144.10. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Ravi Inukonda sold 1,017 shares of the business's stock in a transaction on Wednesday, January 14th. The stock was sold at an average price of $215.14, for a total value of $218,797.38. Following 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 188,742 shares of company stock worth $41,498,888. 5.83% of the stock is owned by insiders.

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.

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