Aberdeen Group plc Lowers Holdings in DoorDash, Inc. $DASH

Key Points

• Aberdeen Group plc trimmed its DoorDash stake by 5.0% in Q4, selling 9,943 shares and now holding 189,735 shares valued at about $42.97 million.
• Insiders have been net sellers: Director Shona L. Brown sold 1,250 shares and CFO Ravi Inukonda sold 1,017 shares, with insiders offloading 91,907 shares worth $18.94 million in the last 90 days (insiders own 5.83%).
• Operational and market backdrop: DoorDash missed Q4 EPS ($0.48 vs. $0.58 est.) and slightly missed revenue, the stock trades below its 50- and 200-day moving averages, and analysts hold a consensus Moderate Buy with an average target of $263.12.

Aberdeen Group plc trimmed its position in DoorDash, Inc. (NASDAQ:DASH - Free Report) by 5.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 189,735 shares of the company's stock after selling 9,943 shares during the period. Aberdeen Group plc's holdings in DoorDash were worth $42,971,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in DASH. Physician Wealth Advisors Inc. boosted its stake in DoorDash by 284.0% during the third quarter. Physician Wealth Advisors Inc. now owns 96 shares of the company's stock valued at $26,000 after buying an additional 71 shares during the period. Eastern Bank raised its holdings in shares of 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 in the last quarter. Sunbelt Securities Inc. boosted its position in shares of DoorDash by 124.1% during the 3rd 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. Morse Asset Management Inc purchased a new position in shares of DoorDash during the third quarter worth about $36,000. Finally, Sound Income Strategies LLC grew its holdings in shares of DoorDash by 2,760.0% during the third quarter. Sound Income Strategies LLC now owns 143 shares of the company's stock worth $39,000 after purchasing an additional 138 shares in the last quarter. Institutional investors own 90.64% of the company's stock.

Insiders Place Their Bets

In other news, Director Shona L. Brown sold 1,250 shares of the company's stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $176.61, for a total value of $220,762.50. Following the sale, the director directly owned 31,002 shares of the company's stock, valued at $5,475,263.22. This represents a 3.88% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Ravi Inukonda sold 1,017 shares of DoorDash stock in a transaction dated Wednesday, January 14th. The shares were sold at an average price of $215.14, for a total transaction of $218,797.38. Following the transaction, the chief financial officer directly owned 208,412 shares of the company's stock, valued at approximately $44,837,757.68. This trade represents a 0.49% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 91,907 shares of company stock valued at $18,940,244 in the last 90 days. Corporate insiders own 5.83% of the company's stock.

Key DoorDash News

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: DoorDash and Family Dollar expanded SNAP acceptance for online grocery orders — a material market-expansion move that can grow grocery GMV and recurring orders. DoorDash, Family Dollar expand SNAP payments for online grocery orders
• Positive Sentiment: A Half Moon Bay pilot aims to address DoorDash’s execution/cost issues (promises faster, cheaper delivery routing/fulfillment) — if successful it could improve margins and customer experience. DoorDash Plan in Half Moon Bay Could Change Food Delivery Forever
• Positive Sentiment: DoorDash says it’s helping drivers cope with rising gasoline prices (assistance measures) — supportive for driver retention and delivery capacity during a cost spike. DoorDash helping its drivers cope with rising gasoline prices
• Positive Sentiment: Several reports highlight DoorDash drivers reporting suspected elder abuse to police — positive PR showing the platform can enable community safety and trust. DoorDash driver tip to police leads to elder abuse arrest
• Neutral Sentiment: CNN’s DoorDash company page and market coverage provide up-to-date quotes and analyst commentary — useful for context but not new company-specific news. DoorDash, Inc. Class A (CNN Markets)
• Neutral Sentiment: DoorDash is testing less-plastic packaging options — aligns with sustainability trends; may be marginally positive for brand though limited near-term financial impact. Your DoorDash order, now without the plastic guilt
• Negative Sentiment: Viral reports of drivers allegedly holding orders hostage to demand extra tips and of apparent tip theft at restaurants raise reputational and regulatory risk around driver pay/tipping practices — could hurt consumer trust and invite scrutiny. Woman Orders Food From DoorDash. The Driver Holds It Hostage Until She Adds An Extra Tip
• Negative Sentiment: Local TV published footage of a driver allegedly stealing tips from a Lake Charles restaurant — another incident feeding negative headlines about driver conduct. CAUGHT ON CAMERA: DoorDash driver appears steal tips from Lake Charles restaurant
• Negative Sentiment: Multiple reports of driver misconduct or safety incidents (anger/abusive rant, and a tragic mistaken-address shooting of a driver) amplify regulatory and trust risks — these stories can depress short-term sentiment even if operational metrics remain solid. DoorDash driver axed after anti-Trump rant targeting customers

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on DASH. Barclays lowered their target price on shares of DoorDash from $238.00 to $220.00 and set an "equal weight" rating on the stock in a research note on Thursday, February 19th. Jefferies Financial Group increased their price target on shares of DoorDash from $260.00 to $270.00 and gave the stock a "buy" rating in a report on Thursday, December 11th. Needham & Company LLC lowered their price objective on shares of DoorDash from $275.00 to $265.00 and set a "buy" rating on the stock in a research report on Thursday, February 19th. Wedbush lifted their price objective on shares of DoorDash from $260.00 to $270.00 and gave the stock an "outperform" rating in a report on Friday, December 19th. Finally, Roth Mkm reiterated a "neutral" rating and issued a $200.00 target price on shares of DoorDash in a research report on Thursday, February 19th. One analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $263.12.

DoorDash Price Performance

DASH stock opened at $156.45 on Friday. The firm's 50-day moving average price is $173.23 and its two-hundred day moving average price is $212.72. DoorDash, Inc. has a 12-month low of $143.30 and a 12-month high of $285.50. The stock has a market capitalization of $67.97 billion, a price-to-earnings ratio of 73.80 and a beta of 1.93. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.27.

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

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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