DoorDash, Inc. $DASH Shares Bought by IFP Advisors Inc

Key Points

• IFP Advisors increased its DoorDash position by 43.8% in the third quarter, bringing its holdings to 38,548 shares valued at approximately $7.1 million. Institutional investors collectively own 90.64% of the company.
• Analysts remain broadly bullish, with DoorDash receiving a consensus “Moderate Buy” rating and an average price target of $254.95, despite one price-target reduction. The stock was recently trading at $189.15, with a valuation near 100 times earnings.
• DoorDash’s latest quarter showed revenue growth of 35.6% year over year to $4.45 billion, though earnings per share slightly missed estimates. Insiders have also sold shares under pre-arranged trading plans, including $85.9 million worth over the past 90 days.

IFP Advisors Inc boosted its position in shares of DoorDash, Inc. (NASDAQ:DASH - Free Report) by 43.8% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 38,548 shares of the company's stock after acquiring an additional 11,743 shares during the quarter. IFP Advisors Inc's holdings in DoorDash were worth $7,075,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. MV Capital Management Inc. purchased a new position in DoorDash in the fourth quarter worth about $26,000. Activest Wealth Management lifted its stake in shares of DoorDash by 892.9% in the 3rd quarter. Activest Wealth Management now owns 139 shares of the company's stock worth $26,000 after purchasing an additional 125 shares during the period. Washington Trust Advisors Inc. lifted its stake in shares of DoorDash by 81.0% in the 2nd quarter. Washington Trust Advisors Inc. now owns 143 shares of the company's stock worth $26,000 after purchasing an additional 64 shares during the period. CENTRAL TRUST Co lifted its stake in shares of DoorDash by 269.4% in the 1st quarter. CENTRAL TRUST Co now owns 266 shares of the company's stock worth $40,000 after purchasing an additional 194 shares during the period. Finally, Ascentis Independent Advisors purchased a new position in shares of DoorDash in the first quarter worth approximately $55,000. Institutional investors own 90.64% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on DASH. KeyCorp cut their target price on shares of DoorDash from $280.00 to $275.00 and set an "overweight" rating for the company in a research report on Tuesday, July 14th. Jefferies Financial Group increased their price target on shares of DoorDash from $225.00 to $250.00 and gave the stock a "buy" rating in a research report on Tuesday, August 11th. Guggenheim reiterated a "buy" rating and set a $255.00 price target on shares of DoorDash in a research note on Wednesday. JPMorgan Chase & Co. boosted their price objective on shares of DoorDash from $250.00 to $262.00 in a research report on Wednesday, August 5th. Finally, Weiss Ratings restated a "hold (c)" rating on shares of DoorDash in a research note on Friday, August 7th. Two analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $254.95.

DoorDash Stock Performance

DoorDash stock opened at $189.15 on Monday. The firm has a 50 day moving average of $204.83 and a 200 day moving average of $184.18. The firm has a market capitalization of $81.96 billion, a price-to-earnings ratio of 99.03 and a beta of 1.90. DoorDash, Inc. has a 12-month low of $143.30 and a 12-month high of $269.00. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 0.27.

DoorDash (NASDAQ:DASH - Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.46 earnings per share for the quarter, missing analysts' consensus estimates of $0.47 by ($0.01). The firm had revenue of $4.45 billion during the quarter, compared to the consensus estimate of $4.34 billion. DoorDash had a return on equity of 8.48% and a net margin of 5.29%. The business's revenue for the quarter was up 35.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.65 earnings per share. As a group, research analysts predict that DoorDash, Inc. will post 2.51 earnings per share for the current year.

Key Headlines Impacting DoorDash

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: DoorDash is broadening its marketplace in Australia through a partnership with Woolworths Group’s BIG W, adding more than 35,000 everyday products with delivery potentially within 60 minutes. The expansion could increase order frequency beyond restaurants. BIG W Lands on DoorDash App
• Positive Sentiment: The company is promoting its consumer reach through a new apparel-delivery relationship with SKIMS and by publishing its 2026 list of leading pizzerias. These initiatives support DoorDash’s strategy of becoming a broader local-commerce platform, although their near-term financial impact is unclear. DoorDash Delivers SKIMS
• Neutral Sentiment: DoorDash continues to receive broad analyst support, with the referenced coverage citing a “Moderate Buy” consensus and an average price target of $254.95. However, the stock’s valuation remains demanding, with a reported P/E ratio near 100.
• Negative Sentiment: CFO Ravi Inukonda sold 1,017 shares for approximately $198,315 under a pre-arranged Rule 10b5-1 plan. The transaction reduced his holdings by only 0.46%, limiting its significance, but it follows larger sales earlier in the year and may add modest pressure to sentiment. DoorDash CFO Stock Sale
• Negative Sentiment: Recent reports describe lawsuits alleging sexual assault by DoorDash delivery drivers, a driver robbery, and an alleged shooting involving a delivery driver. These incidents are not evidence of company-wide operating failures, but they raise reputational, safety, insurance and potential litigation concerns. Jupiter Woman Sues DoorDash
• Negative Sentiment: Customer complaints involving a chatbot allegedly offering and then denying a refund, along with viral reports of stolen or mishandled orders, could hurt perceptions of customer service and platform reliability. These stories are unlikely to materially change fundamentals alone but contribute to negative news flow. DoorDash Customer Refund Complaint

Insider Activity

In related news, Director Andy Fang sold 5,000 shares of the company's stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $183.69, for a total value of $918,450.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Ravi Inukonda sold 1,017 shares of the stock in a transaction on Monday, October 12th. The stock was sold at an average price of $195.00, for a total value of $198,315.00. Following the completion of the sale, the chief financial officer owned 217,911 shares of the company's stock, valued at $42,492,645. The trade was a 0.46% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 393,998 shares of company stock worth $85,861,330. 44.90% of the stock is currently owned by insiders.

DoorDash Company Profile

DoorDash, Inc NASDAQ: DASH operates a local commerce platform that connects consumers with restaurants, grocery stores, convenience retailers and other merchants. Through its website and mobile applications, customers can browse products, place orders for delivery or pickup, and access related services.

The company provides merchants with ordering, delivery, logistics, marketing and payment tools. Its offerings include the DoorDash Marketplace, subscription programs such as DashPass, and delivery infrastructure that merchants can use through services including DoorDash Drive.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.