DoorDash, Inc. $DASH Shares Newly Purchased by VestGen Advisors LLC

Key Points

• VestGen Advisors acquired 6,889 DoorDash shares in the third quarter, valued at approximately $1.26 million. Institutional investors collectively own 90.64% of the company.
• DoorDash reported strong third-quarter results, with adjusted EPS of $1.06 versus $0.81 expected and revenue up 34% year over year to $4.62 billion.
• Investor sentiment remains mixed: analysts maintain a consensus “Moderate Buy” rating, while insiders sold nearly 394,000 shares worth $85.9 million over the past 90 days and the proposed $17 billion Instacart acquisition faces significant regulatory uncertainty.

VestGen Advisors LLC acquired a new position in shares of DoorDash, Inc. (NASDAQ:DASH - Free Report) in the third quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 6,889 shares of the company's stock, valued at approximately $1,264,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of DASH. Activest Wealth Management raised 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 valued at $26,000 after acquiring an additional 125 shares during the period. Washington Trust Advisors Inc. boosted its position in shares of DoorDash by 81.0% during 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. City State Bank boosted its position in shares of DoorDash by 56.0% during the 3rd quarter. City State Bank now owns 156 shares of the company's stock worth $29,000 after purchasing an additional 56 shares during the period. Clark Wealth Partners increased its holdings in DoorDash by 833.3% in the 3rd quarter. Clark Wealth Partners now owns 196 shares of the company's stock valued at $36,000 after purchasing an additional 175 shares during the last quarter. Finally, Ascentis Independent Advisors acquired a new stake in DoorDash in the 1st quarter valued at approximately $55,000. 90.64% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, CFO Ravi Inukonda sold 19,505 shares of DoorDash stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $220.62, for a total value of $4,303,193.10. Following the completion of the transaction, the chief financial officer owned 232,938 shares in the company, valued at approximately $51,390,781.56. This trade represents a 7.73% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Andy Fang sold 15,000 shares of the business's stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $228.31, for a total value of $3,424,650.00. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 393,998 shares of company stock worth $85,861,330. Corporate insiders own 44.90% of the company's stock.

Trending Headlines about DoorDash

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Strong third-quarter results: DoorDash reported adjusted earnings of $1.06 per share, exceeding the $0.81 consensus estimate, while revenue rose 34% year over year to $4.62 billion, also topping expectations. Management said the quarter set records for marketplace gross order volume, revenue and net income. DoorDash third-quarter results
• Positive Sentiment: Analysts still see upside: Wedbush upgraded DASH to “outperform” with a $230 price target, while Cantor Fitzgerald reaffirmed its “overweight” rating with a $240 target. Truist also kept a “buy” rating and raised its target to $340. Wedbush DoorDash rating
• Neutral Sentiment: AI demand remains limited: DoorDash said third-party AI agents generated only several hundred orders out of roughly 993 million quarterly orders. The disclosure reduces immediate fears that AI agents could disrupt its customer relationship, but also indicates that AI-driven ordering has not yet become a meaningful growth catalyst. DoorDash AI agent orders
• Negative Sentiment: Instacart deal creates major uncertainty: DoorDash agreed to acquire Instacart for approximately $17 billion, but the transaction may not close until late 2027 or early 2028. Instacart’s shares remain well below the $65 offer price, signaling investor concern over antitrust approval. Regulators and local officials have warned that the merger could reduce competition, increase prices or weaken gig-worker bargaining power. DoorDash Instacart regulatory risks
• Negative Sentiment: Mixed analyst revisions: Scotiabank lowered its target to $235 while retaining “sector outperform,” and Wells Fargo cut its target to $200 with an “equal weight” rating. Barclays also reduced its target to $205 and maintained “equal weight,” reflecting greater caution around valuation and the acquisition.

DoorDash Stock Down 0.0%

Shares of NASDAQ DASH opened at $178.99 on Friday. The stock has a market cap of $77.56 billion, a P/E ratio of 73.96 and a beta of 1.90. The business's fifty day simple moving average is $197.84 and its 200-day simple moving average is $183.11. DoorDash, Inc. has a 12-month low of $143.30 and a 12-month high of $260.74. 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 released its earnings results on Thursday, October 29th. The company reported $1.06 EPS for the quarter, topping the consensus estimate of $0.81 by $0.25. DoorDash had a return on equity of 10.58% and a net margin of 6.23%. The firm had revenue of $4.62 billion during the quarter, compared to analysts' expectations of $4.56 billion. During the same period in the previous year, the firm posted $0.55 EPS. DoorDash's revenue for the quarter was up 34.0% on a year-over-year basis. As a group, equities analysts predict that DoorDash, Inc. will post 2.51 EPS for the current fiscal year.

Wall Street Analyst Weigh In

DASH has been the subject of a number of research reports. TD Cowen reaffirmed a "buy" rating on shares of DoorDash in a research note on Tuesday. Barclays cut their price objective on DoorDash from $230.00 to $205.00 and set an "equal weight" rating on the stock in a report on Friday. Sanford C. Bernstein reissued an "outperform" rating and set a $250.00 target price on shares of DoorDash in a research note on Friday. Raymond James Financial restated a "buy" rating on shares of DoorDash in a report on Thursday, September 3rd. Finally, Jefferies Financial Group lifted their target price on DoorDash from $225.00 to $250.00 and gave the company a "buy" rating in a research report on Tuesday, August 11th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and ten have given a Hold rating to the company's stock. Based on data from MarketBeat, DoorDash presently has a consensus rating of "Moderate Buy" and a consensus price target of $249.88.

About DoorDash

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.

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