DoorDash, Inc. $DASH Shares Acquired by SG Americas Securities LLC

Key Points

• SG Americas Securities LLC increased its DoorDash stake by 20.9%, owning 350,504 shares worth about $79.4 million (0.08% of the company) at the end of the quarter.
• Company insiders have been net sellers, offloading 157,317 shares valued at roughly $34.13 million over the past 90 days, including a 45,410‑share sale by director Stanley Tang, leaving insiders with 5.83% ownership.
• Analysts remain largely bullish with a consensus " Moderate Buy " and a $262.82 target, even as the stock trades near its 52‑week low and DoorDash slightly missed quarterly EPS ($0.48 vs. $0.58) and revenue ($3.96B vs. $3.98B) expectations.

SG Americas Securities LLC increased its position in DoorDash, Inc. (NASDAQ:DASH - Free Report) by 20.9% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 350,504 shares of the company's stock after purchasing an additional 60,631 shares during the period. SG Americas Securities LLC owned 0.08% of DoorDash worth $79,382,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Physician Wealth Advisors Inc. increased its position in DoorDash by 284.0% during the third quarter. Physician Wealth Advisors Inc. now owns 96 shares of the company's stock worth $26,000 after buying an additional 71 shares during the period. Sunbelt Securities Inc. lifted its stake 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 buying an additional 67 shares during the last quarter. Morse Asset Management Inc acquired a new stake in shares of DoorDash in the third quarter valued at approximately $36,000. Sound Income Strategies LLC boosted its holdings in shares of DoorDash by 2,760.0% in the third quarter. Sound Income Strategies LLC now owns 143 shares of the company's stock valued at $39,000 after acquiring an additional 138 shares during the period. Finally, Rossby Financial LCC grew its position in shares of DoorDash by 127.8% during the third quarter. Rossby Financial LCC now owns 164 shares of the company's stock worth $44,000 after acquiring an additional 92 shares during the last quarter. 90.64% of the stock is owned by institutional investors and hedge funds.

More DoorDash News

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: DoorDash launched “Tasks,” expanding beyond food delivery into paid local gigs — a potential new revenue stream and way to boost utilization of its courier base. Article Title
• Positive Sentiment: Multiple analyst write-ups note DoorDash is trading near its 52-week low while analysts remain largely bullish — this can attract value-oriented buyers and limit downside if fundamentals hold. Article Title
• Neutral Sentiment: DoorDash announced an emergency gas-relief program (10% cash back on the DoorDash Crimson card plus weekly relief payments for high-mileage Dashers). This helps driver retention/availability but the net impact on margins is unclear short-term. Article Title
• Neutral Sentiment: Reports that DoorDash and peers are tapping gig workers to collect data for AI and store operations point to potential new data assets and product applications, but regulatory and execution risks remain. Article Title
• Neutral Sentiment: Human-interest coverage (a ~78‑year‑old Dasher’s GoFundMe nearing $1M) is positive PR but not material to fundamentals. Article Title
• Negative Sentiment: Surging gas prices (linked to geopolitical developments) are forcing DoorDash to subsidize fuel costs for Dashers; while supporting the gig pool, those relief payments create potential near-term margin pressure. Article Title
• Negative Sentiment: Several short-interest notices claim a “large increase,” but the published figures appear inconsistent/erroneous (zeros/NaN). The noisy/contradictory data can foster uncertainty and short-term selling if investors interpret it as rising bearish pressure.

Insider Activity

In related news, Director Shona L. Brown sold 1,250 shares of the firm's stock in a transaction dated Friday, January 9th. The shares were sold at an average price of $222.33, for a total value of $277,912.50. Following the completion of the sale, the director owned 33,502 shares in the company, valued at $7,448,499.66. This trade represents a 3.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Stanley Tang sold 45,410 shares of DoorDash stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $209.01, for a total value of $9,491,144.10. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 157,317 shares of company stock valued at $34,131,231 over the last ninety days. 5.83% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on DASH. Wells Fargo & Company cut their target price on shares of DoorDash from $251.00 to $221.00 and set an "equal weight" rating on the stock in a report on Thursday, February 19th. Mizuho lowered their price objective on shares of DoorDash from $320.00 to $255.00 and set an "outperform" rating on the stock in a research report on Tuesday, March 3rd. Oppenheimer dropped their price objective on shares of DoorDash from $280.00 to $235.00 and set an "outperform" rating on the stock in a research note on Thursday, February 19th. UBS Group reduced their target price on shares of DoorDash from $245.00 to $240.00 and set a "neutral" rating for the company in a report on Thursday, February 19th. Finally, Wolfe Research set a $270.00 target price on shares of DoorDash in a research note on Monday, January 5th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and nine have given a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $262.82.

DoorDash Stock Performance

NASDAQ:DASH opened at $154.73 on Wednesday. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.41 and a quick ratio of 1.41. The firm has a market cap of $67.22 billion, a price-to-earnings ratio of 72.99 and a beta of 1.82. The firm's fifty day moving average price is $182.19 and its 200 day moving average price is $218.38. DoorDash, Inc. has a 1-year low of $153.00 and a 1-year high of $285.50.

DoorDash (NASDAQ:DASH - Get Free Report) last announced its quarterly earnings data on Wednesday, February 18th. The company reported $0.48 EPS 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 firm had revenue of $3.96 billion for the quarter, compared to analysts' expectations of $3.98 billion. During the same quarter in the previous year, the company posted $0.33 EPS. The firm's quarterly revenue was up 37.7% compared to the same quarter last year. On average, sell-side analysts expect that DoorDash, Inc. will post 2.22 EPS for the current year.

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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