Principal Financial Group Inc. Acquires 13,060 Shares of DoorDash, Inc. $DASH

Key Points

• Principal Financial Group increased its DoorDash stake by 3.2% in Q4, buying 13,060 shares to hold 422,469 shares worth about $95.68 million (roughly 0.10% of the company); institutional investors own about 90.64% of the stock.
• Q1 results and outlook: DoorDash posted an EPS beat ($0.42 vs. $0.36) but missed revenue estimates ($4.04B vs. $4.15B), and while it forecast Q2 gross order value above estimates, it warned of margin pressure from roughly $100M in gas-related driver benefits plus ~ $50M in driver relief.
• Insider selling: Insiders have sold 43,933 shares (~$7.14M) over the last three months — including sales by COO Prabir Adarkar and Director Stanley Tang under 10b5-1 plans — leaving insiders with about 5.83% ownership.

Principal Financial Group Inc. grew its holdings in DoorDash, Inc. (NASDAQ:DASH - Free Report) by 3.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 422,469 shares of the company's stock after purchasing an additional 13,060 shares during the quarter. Principal Financial Group Inc. owned approximately 0.10% of DoorDash worth $95,681,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. increased its holdings in shares of DoorDash by 1.7% in the 4th quarter. Vanguard Group Inc. now owns 43,426,479 shares of the company's stock valued at $9,835,229,000 after acquiring an additional 713,571 shares during the period. State Street Corp boosted its position in DoorDash by 6.3% during the third quarter. State Street Corp now owns 15,296,624 shares of the company's stock valued at $4,160,529,000 after purchasing an additional 909,125 shares in the last quarter. Capital World Investors grew its stake in DoorDash by 0.9% in the third quarter. Capital World Investors now owns 10,865,927 shares of the company's stock valued at $2,955,424,000 after purchasing an additional 95,278 shares during the last quarter. Invesco Ltd. grew its stake in DoorDash by 18.2% in the third quarter. Invesco Ltd. now owns 6,355,628 shares of the company's stock valued at $1,728,667,000 after purchasing an additional 980,148 shares during the last quarter. Finally, Northern Trust Corp raised its holdings in DoorDash by 3.0% in the third quarter. Northern Trust Corp now owns 3,348,168 shares of the company's stock worth $910,668,000 after purchasing an additional 96,012 shares in the last quarter. 90.64% of the stock is currently owned by institutional investors.

Insider Transactions at DoorDash

In related news, COO Prabir Adarkar sold 10,000 shares of the stock in a transaction that occurred 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 transaction, the chief operating officer owned 843,678 shares in the company, valued at approximately $158,898,314.52. This represents a 1.17% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Stanley Tang sold 21,433 shares of the firm's stock in a transaction that occurred on Thursday, April 2nd. The stock was sold at an average price of $150.00, for a total transaction of $3,214,950.00. Following the transaction, the director directly owned 19,279 shares of the company's stock, valued at $2,891,850. This represents a 52.65% 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. Insiders sold a total of 43,933 shares of company stock worth $7,135,413 over the last three months. 5.83% of the stock is currently owned by insiders.

DoorDash Price Performance

Shares of DASH opened at $167.97 on Thursday. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.41 and a quick ratio of 1.41. The company's fifty day moving average price is $166.87 and its 200-day moving average price is $197.65. DoorDash, Inc. has a 1-year low of $143.30 and a 1-year high of $285.50. The firm has a market capitalization of $72.97 billion, a PE ratio of 79.23 and a beta of 1.87.

DoorDash (NASDAQ:DASH - Get Free Report) last issued its earnings results 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. The company had revenue of $4.04 billion during the quarter, compared to analyst estimates of $4.15 billion. DoorDash had a return on equity of 10.15% and a net margin of 6.82%.The firm's quarterly revenue was up 33.1% on a year-over-year basis. During the same quarter last year, the business posted $0.44 EPS. On average, equities research analysts predict that DoorDash, Inc. will post 2.44 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on DASH shares. Morgan Stanley restated an "overweight" rating and issued a $275.00 price target on shares of DoorDash in a report on Thursday, February 19th. Piper Sandler restated a "neutral" rating and issued a $220.00 target price (down from $230.00) on shares of DoorDash in a research note on Thursday, February 19th. Weiss Ratings lowered shares of DoorDash from a "hold (c)" rating to a "hold (c-)" rating in a report on Wednesday, April 29th. Wells Fargo & Company reduced their price target on DoorDash from $221.00 to $198.00 and set an "equal weight" rating on the stock in a research report on Monday, March 30th. Finally, Roth Mkm reissued a "neutral" rating and issued a $200.00 price objective on shares of DoorDash in a research report on Thursday, February 19th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $259.31.

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

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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