DoorDash, Inc. $DASH Shares Acquired by Danske Bank A S

Key Points

• Danske Bank raised its stake in DoorDash by 11.2% to 231,656 shares (about $52.5M), and institutional investors now own roughly 90.64% of the company.
• DoorDash's latest quarter missed analysts' estimates (EPS $0.48 vs. $0.58; revenue $3.96B vs. $3.98B) despite revenue rising 37.7% year‑over‑year, and the stock carries a consensus "Moderate Buy" rating with an average price target of $259.31.
• Insiders have been net sellers (89,406 shares sold, ~$16.6M over the last quarter), while the stock trades near $175.83 with a market cap of ~$76.4B and a high P/E of 82.94 amid mixed analyst actions (some upgrades and notable cuts such as UBS to $206).

Danske Bank A S lifted its holdings in shares of DoorDash, Inc. (NASDAQ:DASH - Free Report) by 11.2% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 231,656 shares of the company's stock after purchasing an additional 23,390 shares during the quarter. Danske Bank A S owned about 0.05% of DoorDash worth $52,465,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in DASH. Vanguard Group Inc. lifted its position in shares of DoorDash by 3.7% during the third quarter. Vanguard Group Inc. now owns 42,712,908 shares of the company's stock worth $11,617,484,000 after purchasing an additional 1,522,823 shares in the last quarter. Scge Management L.P. acquired a new stake in DoorDash in the second quarter valued at approximately $267,463,000. Invesco Ltd. raised its holdings in DoorDash by 18.2% in the third quarter. Invesco Ltd. now owns 6,355,628 shares of the company's stock valued at $1,728,667,000 after acquiring an additional 980,148 shares in the last quarter. State Street Corp raised its holdings in DoorDash by 6.3% in the third quarter. State Street Corp now owns 15,296,624 shares of the company's stock valued at $4,160,529,000 after acquiring an additional 909,125 shares in the last quarter. Finally, Amundi raised its holdings in DoorDash by 66.8% in the third quarter. Amundi now owns 1,700,112 shares of the company's stock valued at $478,990,000 after acquiring an additional 681,058 shares in the last quarter. Institutional investors and hedge funds own 90.64% of the company's stock.

DoorDash Stock Up 4.3%

DASH stock opened at $175.83 on Friday. 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, Inc. has a twelve month low of $143.30 and a twelve month high of $285.50. The company's 50 day moving average is $167.00 and its two-hundred day moving average is $200.10. The stock has a market cap of $76.39 billion, a P/E ratio of 82.94 and a beta of 1.88.

DoorDash (NASDAQ:DASH - Get Free Report) last released its quarterly earnings data on Wednesday, February 18th. The company reported $0.48 earnings per share for the quarter, missing analysts' consensus estimates 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 period in the previous year, the business posted $0.33 EPS. The firm's revenue for the quarter was up 37.7% compared to the same quarter last year. Research analysts expect that DoorDash, Inc. will post 2.51 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other DoorDash news, COO Prabir Adarkar sold 10,000 shares of the firm's stock in a transaction that occurred on Monday, April 20th. The shares were sold at an average price of $188.34, for a total transaction of $1,883,400.00. Following the sale, the chief operating officer owned 843,678 shares of the company's stock, valued at approximately $158,898,314.52. This trade represents a 1.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Stanley Tang sold 21,433 shares of the firm's stock in a transaction that occurred on Thursday, April 2nd. The stock was sold at an average price of $150.00, for a total transaction of $3,214,950.00. Following the sale, the director directly owned 19,279 shares in the company, valued at approximately $2,891,850. The trade was a 52.65% 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 quarter, insiders have sold 89,406 shares of company stock valued at $16,639,624. 5.83% of the stock is owned by corporate insiders.

Trending Headlines about DoorDash

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: SNAP benefits accepted at Kroger via DoorDash — expands grocery addressable market and could lift order volume from lower‑income households. Article Title
• Positive Sentiment: DoorDash for Business launches Meal Manager — product aimed at simplifying office dining could increase recurring, higher‑margin corporate spend. Article Title
• Positive Sentiment: Rally House launches on DoorDash — expands non-food retail/merchandise available on the platform, diversifying GMV beyond restaurants. Article Title
• Neutral Sentiment: Local / human‑interest coverage (e.g., “DoorDash of foster care”) provides PR but limited direct financial impact. Article Title
• Neutral Sentiment: Market commentary pieces explain today’s move and recap catalysts — useful for sentiment tracking but not new fundamentals. Article Title
• Negative Sentiment: UBS cut its price target from $240 to $206 and moved to a “neutral” rating — lowers analyst endorsement and could cap near‑term upside despite a still-positive implied premium. Article Title
• Negative Sentiment: Reported app outage affected thousands of users — short‑term order disruption and reliability concerns that can pressure near‑term volume and sentiment. Article Title
• Negative Sentiment: Driver safety incident (carjacking/shooting during a delivery) raises operational and PR risk, which can influence regulatory scrutiny and driver retention. Article Title

Analyst Upgrades and Downgrades

Several analysts recently weighed in on DASH shares. Bank of America raised their target price on shares of DoorDash from $260.00 to $272.00 and gave the company a "buy" rating in a report on Thursday, February 19th. Truist Financial raised their target price on shares of DoorDash from $330.00 to $340.00 and gave the company a "buy" rating in a report on Thursday, February 19th. Moffett Nathanson set a $276.00 target price on shares of DoorDash in a report on Wednesday, April 15th. Sanford C. Bernstein reduced their target price on shares of DoorDash from $285.00 to $270.00 and set an "outperform" rating on the stock in a report on Thursday, February 19th. Finally, KeyCorp raised their target price on shares of DoorDash from $275.00 to $280.00 and gave the company an "overweight" rating in a report on Thursday, February 19th. Two research analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $259.31.

About DoorDash

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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