DoorDash, Inc. $DASH Stock Holdings Increased by Farmers & Merchants Investments Inc.

Key Points

• Institutional ownership increased: Farmers & Merchants Investments raised its DoorDash stake by 58,938.2% in the third quarter to 132,836 shares valued at approximately $24.4 million. Institutional investors and hedge funds collectively own 90.64% of the company.
• Insiders sold shares: DoorDash directors Stanley Tang and Andy Fang sold shares under pre-arranged Rule 10b5-1 plans, while insiders sold approximately $85.9 million worth of stock over the past quarter.
• Analyst sentiment remains positive but performance was mixed: DoorDash has a consensus “Moderate Buy” rating and an average price target of $254.95, despite the stock opening at $179.38 and falling short of quarterly EPS estimates. Revenue rose 35.6% year over year to $4.45 billion.

Farmers & Merchants Investments Inc. increased its position in DoorDash, Inc. (NASDAQ:DASH - Free Report) by 58,938.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 132,836 shares of the company's stock after purchasing an additional 132,611 shares during the quarter. Farmers & Merchants Investments Inc.'s holdings in DoorDash were worth $24,382,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Activest Wealth Management raised its stake in DoorDash by 892.9% during the 3rd quarter. Activest Wealth Management now owns 139 shares of the company's stock worth $26,000 after buying an additional 125 shares during the period. Washington Trust Advisors Inc. boosted its holdings in DoorDash by 81.0% in the 2nd quarter. Washington Trust Advisors Inc. now owns 143 shares of the company's stock valued at $26,000 after purchasing an additional 64 shares during the period. City State Bank raised its position in DoorDash by 56.0% during the third quarter. City State Bank now owns 156 shares of the company's stock valued at $29,000 after purchasing an additional 56 shares in the last quarter. Clark Wealth Partners increased its holdings in shares of DoorDash by 833.3% during the third quarter. Clark Wealth Partners now owns 196 shares of the company's stock worth $36,000 after buying an additional 175 shares in the last quarter. Finally, CENTRAL TRUST Co grew its holdings in DoorDash by 269.4% during the 1st quarter. CENTRAL TRUST Co now owns 266 shares of the company's stock worth $40,000 after acquiring an additional 194 shares during the last quarter. Institutional investors and hedge funds own 90.64% of the company's stock.

Insider Buying and Selling at DoorDash

In other news, Director Stanley Tang sold 23,125 shares of DoorDash stock in a transaction that occurred on Friday, October 2nd. The shares were sold at an average price of $186.19, for a total transaction of $4,305,643.75. Following the sale, the director owned 10,361 shares in the company, valued at $1,929,114.59. This trade represents a 69.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Andy Fang sold 5,000 shares of the firm's stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of $183.69, for a total transaction of $918,450.00. 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 sold 393,998 shares of company stock worth $85,861,330. 44.90% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

DASH has been the subject of a number of research analyst reports. TD Cowen boosted their target price on DoorDash from $225.00 to $240.00 and gave the company a "buy" rating in a research report on Thursday, August 6th. Loop Capital raised their price target on DoorDash from $225.00 to $280.00 and gave the company a "buy" rating in a report on Tuesday, September 22nd. Citigroup reiterated a "market outperform" rating on shares of DoorDash in a report on Wednesday, September 30th. Barclays downgraded DoorDash from an "equal weight" rating to a "strong sell" rating in a research report on Monday, August 24th. Finally, Raymond James Financial reissued a "buy" rating on shares of DoorDash in a research report on Thursday, September 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $254.95.

DoorDash News Summary

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Potential Instacart deal: DoorDash is reportedly among the companies discussing a possible acquisition of Instacart, which is valued at approximately $12 billion. A transaction could strengthen DoorDash’s position in grocery and local commerce, although the report does not indicate that a deal is imminent and any acquisition would carry financing, integration and regulatory risks. Instacart explores potential sale, holds talks with Uber and DoorDash
• Positive Sentiment: Analyst support: BTIG Research assigned DoorDash a Buy rating, providing a positive signal for investor sentiment and reinforcing the view that the company’s local-commerce expansion and growth prospects remain attractive. DoorDash earns Buy rating from BTIG Research
• Neutral Sentiment: Mixed consumer-stock comparison: An investor comparison described Airbnb as having a strong travel-market position while highlighting DoorDash’s rapid revenue growth and expansion beyond restaurant delivery. The article does not provide a new company-specific catalyst. Airbnb vs. DoorDash: Which Consumer Stock Is a Better Buy in 2026?
• Neutral Sentiment: Operational and reputational headlines: Reports described a DoorDash driver being killed in California, another driver and a family member being ambushed, and an unrelated criminal investigation in which cleaning supplies were allegedly ordered through DoorDash. These incidents could increase scrutiny of driver and platform safety, but they currently appear unlikely to materially affect financial results. Arrest made after California DoorDash driver found dead in Tesla trunk
• Negative Sentiment: Increasing competition: A new rival reportedly offers lower menu prices, while Grubhub’s co-founder has returned with a delivery service featuring a $1 fee. Lower pricing and aggressive fee competition could pressure DoorDash’s order volumes, merchant economics and margins. DoorDash and Uber Eats have a new rival offering lower menu prices
• Negative Sentiment: Delivery-worker dissatisfaction: Online debate over $1 and $2 tips highlights ongoing challenges around driver pay and service costs, issues that could affect driver retention, customer satisfaction and platform pricing. DoorDash driver calls low tips pathetic

DoorDash Stock Down 3.5%

DoorDash stock opened at $179.38 on Friday. The stock has a market capitalization of $77.73 billion, a PE ratio of 93.92 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 business has a 50 day simple moving average of $202.18 and a 200-day simple moving average of $185.14. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.37 and a quick ratio of 1.37.

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

DoorDash 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.

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