DoorDash, Inc. $DASH Stock: TD Waterhouse Canada Inc. Boosts Stake

Key Points

• TD Waterhouse Canada increased its DoorDash stake by 2,778.3% in the third quarter, bringing its holdings to 71,239 shares valued at approximately $13.1 million. Institutional investors collectively own 90.64% of the company.
• DoorDash insiders sold 393,998 shares worth about $85.9 million over the past three months, including sizable sales by directors Andy Fang and Stanley Tang under pre-arranged Rule 10b5-1 plans.
• Analysts remain broadly positive, with a “Moderate Buy” consensus and an average price target of $254.95, but the stock’s valuation is elevated at roughly 99 times earnings. The company’s latest quarter showed 35.6% year-over-year revenue growth, though earnings per share slightly missed estimates.

TD Waterhouse Canada Inc. grew its stake in shares of DoorDash, Inc. (NASDAQ:DASH - Free Report) by 2,778.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 71,239 shares of the company's stock after acquiring an additional 68,764 shares during the period. TD Waterhouse Canada Inc.'s holdings in DoorDash were worth $13,076,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. MV Capital Management Inc. acquired a new stake in shares of DoorDash in the 4th quarter valued at about $26,000. Activest Wealth Management grew its stake in DoorDash by 892.9% in the third quarter. Activest Wealth Management now owns 139 shares of the company's stock worth $26,000 after purchasing an additional 125 shares in the last quarter. Washington Trust Advisors Inc. grew its stake in DoorDash by 81.0% in the second quarter. Washington Trust Advisors Inc. now owns 143 shares of the company's stock worth $26,000 after purchasing an additional 64 shares in the last quarter. CENTRAL TRUST Co grew its stake in DoorDash by 269.4% in the first quarter. CENTRAL TRUST Co now owns 266 shares of the company's stock worth $40,000 after purchasing an additional 194 shares in the last quarter. Finally, Ascentis Independent Advisors bought a new stake in DoorDash in the first quarter valued at about $55,000. Institutional investors own 90.64% of the company's stock.

Insider Buying and Selling at DoorDash

In related news, Director Andy Fang sold 5,000 shares of the business's stock in a transaction that occurred on Thursday, October 1st. The stock was sold at an average price of $183.69, for a total transaction of $918,450.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Stanley Tang sold 23,125 shares of the company's stock in a transaction on Friday, October 2nd. The stock was sold at an average price of $186.19, for a total value of $4,305,643.75. Following the transaction, the director owned 10,361 shares of the company's stock, valued at approximately $1,929,114.59. The trade was a 69.06% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 393,998 shares of company stock worth $85,861,330. Corporate insiders own 44.90% of the company's stock.

Analyst Ratings Changes

Several analysts have issued reports on DASH shares. Sanford C. Bernstein restated an "outperform" rating on shares of DoorDash in a research note on Thursday, September 3rd. TD Cowen increased their target price on DoorDash from $225.00 to $240.00 and gave the stock a "buy" rating in a report on Thursday, August 6th. Weiss Ratings reiterated a "hold (c)" rating on shares of DoorDash in a research report on Friday, August 7th. Jefferies Financial Group boosted their price target on DoorDash from $225.00 to $250.00 and gave the company a "buy" rating in a report on Tuesday, August 11th. Finally, Raymond James Financial reissued a "buy" rating on shares of DoorDash in a research report on Thursday, September 3rd. Two research analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat, DoorDash currently has an average rating of "Moderate Buy" and a consensus target price of $254.95.

DoorDash Price Performance

Shares of NASDAQ:DASH opened at $189.15 on Monday. The company has a quick ratio of 1.37, a current ratio of 1.37 and a debt-to-equity ratio of 0.27. DoorDash, Inc. has a fifty-two week low of $143.30 and a fifty-two week high of $269.00. The firm has a 50-day simple moving average of $204.83 and a 200 day simple moving average of $184.18. The company has a market cap of $81.96 billion, a PE ratio of 99.03 and a beta of 1.90.

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

DoorDash News Summary

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

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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