DoorDash, Inc. $DASH Shares Bought by Groupama Asset Managment

Key Points

• Groupama Asset Managment increased its DoorDash stake by 85.5% in Q3 to 1,304,658 shares (about $354.9M), making DASH 1.3% of Groupama’s portfolio and its 13th-largest holding.
• DoorDash missed quarterly estimates, reporting $0.48 EPS vs. $0.58 expected and $3.96B revenue vs. $3.98B expected, though revenue rose 37.7% year-over-year; the stock trades well below its one-year high (opened ~$165 vs. $285.50) with a market cap around $71.7B.
• Insiders have been net sellers—188,742 shares (~$41.5M) sold in the last 90 days (including a 45,410-share sale by director Stanley Tang)—while institutional ownership is ~90.6% and analysts carry a consensus “Moderate Buy” with a $262.82 target.

Groupama Asset Managment raised its position in DoorDash, Inc. (NASDAQ:DASH - Free Report) by 85.5% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,304,658 shares of the company's stock after buying an additional 601,526 shares during the period. DoorDash comprises 1.3% of Groupama Asset Managment's investment portfolio, making the stock its 13th biggest position. Groupama Asset Managment owned approximately 0.30% of DoorDash worth $354,854,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of DASH. Resonant Capital Advisors LLC grew its position in shares of DoorDash by 3.5% during the 3rd quarter. Resonant Capital Advisors LLC now owns 1,229 shares of the company's stock valued at $334,000 after acquiring an additional 42 shares during the period. Premier Path Wealth Partners LLC raised its holdings in DoorDash by 1.9% in the 3rd quarter. Premier Path Wealth Partners LLC now owns 2,414 shares of the company's stock worth $657,000 after purchasing an additional 45 shares during the period. Quotient Wealth Partners LLC raised its holdings in DoorDash by 3.2% in the 3rd quarter. Quotient Wealth Partners LLC now owns 1,537 shares of the company's stock worth $418,000 after purchasing an additional 48 shares during the period. Hobart Private Capital LLC grew its holdings in DoorDash by 2.4% in the third quarter. Hobart Private Capital LLC now owns 2,164 shares of the company's stock valued at $589,000 after purchasing an additional 50 shares during the period. Finally, SageView Advisory Group LLC grew its holdings in DoorDash by 3.6% in the second quarter. SageView Advisory Group LLC now owns 1,486 shares of the company's stock valued at $366,000 after purchasing an additional 51 shares during the period. 90.64% of the stock is owned by hedge funds and other institutional investors.

DoorDash Stock Down 2.8%

NASDAQ DASH opened at $164.99 on Thursday. The business has a fifty day moving average price of $187.01 and a 200 day moving average price of $221.07. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.41 and a current ratio of 1.41. The company has a market cap of $71.68 billion, a P/E ratio of 77.83 and a beta of 1.82. DoorDash, Inc. has a one year low of $155.40 and a one year high of $285.50.

DoorDash (NASDAQ:DASH - Get Free Report) last announced its 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). The business had revenue of $3.96 billion for the quarter, compared to analyst estimates of $3.98 billion. DoorDash had a return on equity of 10.15% and a net margin of 6.82%.The company's revenue for the quarter was up 37.7% compared to the same quarter last year. During the same period last year, the firm earned $0.33 EPS. Research analysts anticipate that DoorDash, Inc. will post 2.22 EPS for the current fiscal year.

DoorDash News Roundup

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

Analyst Ratings Changes

A number of research firms have recently commented on DASH. Bank of America boosted their price objective on DoorDash from $260.00 to $272.00 and gave the company a "buy" rating in a research report on Thursday, February 19th. Barclays dropped their price target 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. Oppenheimer reduced their price objective on shares of DoorDash from $280.00 to $235.00 and set an "outperform" rating for the company in a research report on Thursday, February 19th. BMO Capital Markets reaffirmed an "outperform" rating on shares of DoorDash in a report on Friday, December 12th. Finally, Guggenheim cut their target price on shares of DoorDash from $275.00 to $255.00 and set a "buy" rating for the company in a research note on Thursday, February 19th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $262.82.

Insider Activity

In other DoorDash news, CFO Ravi Inukonda sold 1,425 shares of the firm's stock in a transaction that occurred on Friday, December 19th. The shares were sold at an average price of $231.97, for a total value of $330,557.25. Following the transaction, the chief financial officer directly owned 184,037 shares of the company's stock, valued at $42,691,062.89. This trade represents a 0.77% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Stanley Tang sold 45,410 shares of the business's stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $209.01, for a total value of $9,491,144.10. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 188,742 shares of company stock valued at $41,498,888 in the last ninety days. 5.83% of the stock is currently owned by corporate insiders.

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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