Mitsubishi UFJ Asset Management Co. Ltd. Has $189.39 Million Stake in DoorDash, Inc. $DASH

Key Points

• Mitsubishi UFJ Asset Management boosted its DoorDash stake 6.9% to 861,695 shares—about 0.20% of the company—valued at roughly $189.39 million per its SEC filing.
• DoorDash beat Q1 EPS expectations ($0.42 vs. $0.36) but missed revenue estimates ($4.04B vs. $4.15B); it guided Q2 gross order value above estimates while warning margins will be pressured by roughly $100M in gas-related driver benefits and other costs.

Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in DoorDash, Inc. (NASDAQ:DASH - Free Report) by 6.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 861,695 shares of the company's stock after buying an additional 55,504 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. owned approximately 0.20% of DoorDash worth $189,392,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in DASH. Physician Wealth Advisors Inc. grew its holdings in shares of DoorDash by 284.0% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 96 shares of the company's stock worth $26,000 after purchasing an additional 71 shares in the last quarter. Eastern Bank grew its stake in DoorDash by 714.3% during the fourth quarter. Eastern Bank now owns 114 shares of the company's stock worth $26,000 after buying an additional 100 shares in the last quarter. ST Germain D J Co. Inc. bought a new position in DoorDash in the 4th quarter valued at about $29,000. Sunbelt Securities Inc. increased its holdings in DoorDash by 124.1% in the 3rd quarter. Sunbelt Securities Inc. now owns 121 shares of the company's stock valued at $33,000 after buying an additional 67 shares during the period. Finally, Morse Asset Management Inc acquired a new position in shares of DoorDash in the 3rd quarter valued at approximately $36,000. Institutional investors own 90.64% of the company's stock.

Key Headlines Impacting DoorDash

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Q1 earnings beat — DoorDash reported $0.42 EPS, topping consensus and beating estimates, showing profitability momentum despite tough comps. DoorDash, Inc. (DASH) Surpasses Q1 Earnings Estimates
• Positive Sentiment: Bullish Q2 marketplace outlook — DoorDash forecast Q2 gross order value above analysts' estimates, driven by resilient demand and expansion in grocery, retail and international markets, supporting near-term revenue growth expectations. DoorDash forecasts quarterly order value above estimates
• Neutral Sentiment: User and membership traction — Company press release notes record membership signups and a new high for monthly active users, signaling engagement but not immediately translating into margin improvement. DoorDash Releases First Quarter 2026 Financial Results
• Neutral Sentiment: Product/market expansion — SNAP payments for Kroger orders expand grocery reach (incremental revenue potential but modest near-term impact). How to use SNAP benefits on DoorDash to buy groceries at Kroger
• Negative Sentiment: Rising driver-related costs — DoorDash expects to book roughly $100M in gas-related driver benefits in H1 2026 (plus a disclosed ~$50M driver relief cost), pressuring margins; CFO says some expenses will be offset by delaying other investments. DoorDash is budgeting $100 million for driver gas benefits so far this year — and counting
• Negative Sentiment: Revenue miss and margin pressure — Q1 revenue came in below estimates and profit margin slipped due to higher cost of revenue and increased S&M and R&D spend, a near-term headwind for margins. DoorDash Profit Ticks Down Despite Higher Revenue
• Negative Sentiment: Acquisition and valuation concerns — Analysts highlight slowing core growth and risks from the Deliveroo acquisition and competition/regulatory exposure, which could keep the stock's valuation under pressure. DoorDash: Clear Opportunity Ahead Of Q1 Results

Analyst Ratings Changes

Several research analysts have commented on DASH shares. Weiss Ratings downgraded shares of DoorDash from a "hold (c)" rating to a "hold (c-)" rating in a research report on Wednesday, April 29th. BNP Paribas Exane began coverage on DoorDash in a report on Wednesday, January 14th. They set an "outperform" rating and a $280.00 price target for the company. Zacks Research lowered DoorDash from a "hold" rating to a "strong sell" rating in a research note on Monday, April 13th. Bank of America boosted their target price on DoorDash from $260.00 to $272.00 and gave the stock a "buy" rating in a research note on Thursday, February 19th. Finally, Citigroup decreased their price target on shares of DoorDash from $283.00 to $280.00 and set a "buy" rating on the stock in a report on Friday, February 20th. Two research analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $259.31.

DoorDash Stock Performance

Shares of DoorDash stock opened at $167.97 on Thursday. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.27. DoorDash, Inc. has a twelve month low of $143.30 and a twelve month high of $285.50. The stock has a market cap of $72.97 billion, a price-to-earnings ratio of 79.23 and a beta of 1.87. The company's fifty day moving average is $166.87 and its 200 day moving average is $197.65.

DoorDash (NASDAQ:DASH - Get Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $0.42 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.36 by $0.06. DoorDash had a return on equity of 10.15% and a net margin of 6.82%.The company had revenue of $4.04 billion during the quarter, compared to the consensus estimate of $4.15 billion. During the same period last year, the company earned $0.44 earnings per share. The firm's revenue was up 33.1% compared to the same quarter last year. Sell-side analysts forecast that DoorDash, Inc. will post 2.44 EPS for the current year.

Insider Buying and Selling at DoorDash

In other DoorDash news, COO Prabir Adarkar sold 10,000 shares of DoorDash stock in a transaction on Monday, April 20th. The shares were sold at an average price of $188.34, for a total value of $1,883,400.00. Following the completion of the sale, the chief operating officer directly owned 843,678 shares of the company's stock, valued at approximately $158,898,314.52. The trade was a 1.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Stanley Tang sold 21,433 shares of the company's stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $150.00, for a total transaction of $3,214,950.00. Following the transaction, the director owned 19,279 shares in the company, valued at $2,891,850. This represents a 52.65% 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 three months, insiders have sold 43,933 shares of company stock valued at $7,135,413. 5.83% of the stock is currently owned by company insiders.

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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