E. Ohman J or Asset Management AB Buys New Shares in DoorDash, Inc. $DASH

Key Points

• E. Ohman J or Asset Management AB bought a new stake of 10,431 shares of DoorDash in Q4 (~$2.36M); institutional investors now own about 90.64% of the company and several funds (notably Nordea) increased their holdings.
• DoorDash reported Q4 EPS of $0.48 (missed $0.58) while revenue rose 37.7% YoY to $3.96B; the stock trades near its 12‑month low with a market cap of ~$67.2B, a PE of ~73 and an average analyst target of about $262.
• Insiders sold roughly 157,317 shares (~$34.1M) over the last 90 days, and the company is rolling out initiatives like “Tasks” and a gas‑relief program for Dashers that could boost engagement but may pressure near‑term margins.

E. Ohman J or Asset Management AB purchased a new stake in shares of DoorDash, Inc. (NASDAQ:DASH - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 10,431 shares of the company's stock, valued at approximately $2,362,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. SG Americas Securities LLC lifted its position in shares of DoorDash by 20.9% during the 4th quarter. SG Americas Securities LLC now owns 350,504 shares of the company's stock valued at $79,382,000 after buying an additional 60,631 shares in the last quarter. Assenagon Asset Management S.A. grew its stake in shares of DoorDash by 85.7% during the 4th quarter. Assenagon Asset Management S.A. now owns 643,096 shares of the company's stock valued at $145,648,000 after acquiring an additional 296,765 shares during the period. Fulton Bank N.A. increased its holdings in DoorDash by 8.3% in the 4th quarter. Fulton Bank N.A. now owns 3,273 shares of the company's stock worth $741,000 after acquiring an additional 251 shares in the last quarter. Sound View Wealth Advisors Group LLC raised its stake in DoorDash by 9.2% during the 4th quarter. Sound View Wealth Advisors Group LLC now owns 4,637 shares of the company's stock worth $1,050,000 after acquiring an additional 390 shares during the period. Finally, Nordea Investment Management AB raised its stake in DoorDash by 2.0% during the 4th quarter. Nordea Investment Management AB now owns 2,264,568 shares of the company's stock worth $515,167,000 after acquiring an additional 44,341 shares during the period. Hedge funds and other institutional investors own 90.64% of the company's stock.

DoorDash Stock Performance

DoorDash stock opened at $154.73 on Wednesday. The company's 50-day moving average price is $182.19 and its 200-day moving average price is $218.38. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.27. The company has a market cap of $67.22 billion, a PE ratio of 72.99 and a beta of 1.82. DoorDash, Inc. has a twelve month low of $153.00 and a twelve month high of $285.50.

DoorDash (NASDAQ:DASH - Get Free Report) last released its quarterly earnings results on Wednesday, February 18th. The company reported $0.48 EPS for the quarter, missing the consensus estimate of $0.58 by ($0.10). DoorDash had a return on equity of 10.15% and a net margin of 6.82%.The company had revenue of $3.96 billion during the quarter, compared to analysts' expectations of $3.98 billion. During the same quarter in the prior year, the business posted $0.33 EPS. The company's revenue was up 37.7% on a year-over-year basis. On average, equities research analysts forecast that DoorDash, Inc. will post 2.22 EPS for the current fiscal year.

Insider Buying and Selling at DoorDash

In other news, Director Shona L. Brown sold 1,250 shares of the firm's stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $176.61, for a total value of $220,762.50. Following the completion of the sale, the director directly owned 31,002 shares of the company's stock, valued at $5,475,263.22. This trade represents a 3.88% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Stanley Tang sold 45,410 shares of DoorDash 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. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 157,317 shares of company stock valued at $34,131,231. Corporate insiders own 5.83% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the stock. Wedbush upped their price target on shares of DoorDash from $260.00 to $270.00 and gave the stock an "outperform" rating in a research report on Friday, December 19th. Sanford C. Bernstein decreased their price objective on shares of DoorDash from $285.00 to $270.00 and set an "outperform" rating on the stock in a research report on Thursday, February 19th. Evercore set a $300.00 target price on shares of DoorDash in a research note on Thursday, February 19th. The Goldman Sachs Group set a $267.00 target price on shares of DoorDash in a report on Monday, February 2nd. Finally, Mizuho cut their price target on DoorDash from $320.00 to $255.00 and set an "outperform" rating for the company in a research note on Tuesday, March 3rd. One research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $262.82.

DoorDash News Summary

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: DoorDash launched “Tasks,” expanding beyond food delivery into paid local gigs — a potential new revenue stream and way to boost utilization of its courier base. Article Title
• Positive Sentiment: Multiple analyst write-ups note DoorDash is trading near its 52-week low while analysts remain largely bullish — this can attract value-oriented buyers and limit downside if fundamentals hold. Article Title
• Neutral Sentiment: DoorDash announced an emergency gas-relief program (10% cash back on the DoorDash Crimson card plus weekly relief payments for high-mileage Dashers). This helps driver retention/availability but the net impact on margins is unclear short-term. Article Title
• Neutral Sentiment: Reports that DoorDash and peers are tapping gig workers to collect data for AI and store operations point to potential new data assets and product applications, but regulatory and execution risks remain. Article Title
• Neutral Sentiment: Human-interest coverage (a ~78‑year‑old Dasher’s GoFundMe nearing $1M) is positive PR but not material to fundamentals. Article Title
• Negative Sentiment: Surging gas prices (linked to geopolitical developments) are forcing DoorDash to subsidize fuel costs for Dashers; while supporting the gig pool, those relief payments create potential near-term margin pressure. Article Title
• Negative Sentiment: Several short-interest notices claim a “large increase,” but the published figures appear inconsistent/erroneous (zeros/NaN). The noisy/contradictory data can foster uncertainty and short-term selling if investors interpret it as rising bearish pressure.

DoorDash Profile

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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