250,078 Shares in DoorDash, Inc. (NASDAQ:DASH) Acquired by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of DoorDash, Inc. (NASDAQ:DASH - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 250,078 shares of the company's stock, valued at approximately $41,951,000. Universal Beteiligungs und Servicegesellschaft mbH owned 0.06% of DoorDash as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of DASH. Pittenger & Anderson Inc. acquired a new position in shares of DoorDash in the 4th quarter valued at $29,000. Denver PWM LLC acquired a new position in DoorDash in the 4th quarter worth $30,000. Princeton Global Asset Management LLC acquired a new position in DoorDash in the 4th quarter worth $34,000. IFP Advisors Inc boosted its stake in DoorDash by 31.8% in the 4th quarter. IFP Advisors Inc now owns 224 shares of the company's stock worth $37,000 after purchasing an additional 54 shares during the period. Finally, Newbridge Financial Services Group Inc. acquired a new position in DoorDash in the 4th quarter worth $59,000. Institutional investors and hedge funds own 90.64% of the company's stock.

DoorDash Price Performance

NASDAQ DASH traded up $1.56 on Friday, reaching $206.14. The stock had a trading volume of 4,853,384 shares, compared to its average volume of 4,205,830. DoorDash, Inc. has a 1-year low of $99.32 and a 1-year high of $215.25. The company has a market cap of $87.35 billion, a P/E ratio of 763.48 and a beta of 1.68. The firm has a fifty day moving average of $188.91 and a two-hundred day moving average of $184.70.

DoorDash (NASDAQ:DASH - Get Free Report) last posted its quarterly earnings data on Tuesday, May 6th. The company reported $0.44 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.39 by $0.05. DoorDash had a net margin of 1.15% and a return on equity of 1.67%. The firm had revenue of $3.03 billion during the quarter, compared to the consensus estimate of $3.10 billion. During the same quarter in the previous year, the firm posted ($0.06) EPS. The business's revenue for the quarter was up 20.7% compared to the same quarter last year. Research analysts predict that DoorDash, Inc. will post 2.22 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. JMP Securities reaffirmed a "market outperform" rating and issued a $225.00 target price on shares of DoorDash in a research note on Monday, April 28th. JPMorgan Chase & Co. reduced their target price on shares of DoorDash from $205.00 to $175.00 and set a "neutral" rating for the company in a research note on Tuesday, April 8th. BMO Capital Markets reaffirmed an "outperform" rating on shares of DoorDash in a research note on Tuesday, April 29th. Wells Fargo & Company reduced their target price on shares of DoorDash from $201.00 to $198.00 and set an "equal weight" rating for the company in a research note on Wednesday, May 7th. Finally, Truist Financial upped their target price on shares of DoorDash from $217.00 to $235.00 and gave the stock a "buy" rating in a research note on Wednesday, February 12th. Eleven equities research analysts have rated the stock with a hold rating and twenty-four have given a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $209.97.

Insiders Place Their Bets

In other DoorDash news, Director Stanley Tang sold 45,410 shares of the stock in a transaction that occurred on Tuesday, April 1st. The shares were sold at an average price of $181.21, for a total transaction of $8,228,746.10. Following the transaction, the director now owns 18,285 shares in the company, valued at $3,313,424.85. This represents a 71.29% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, General Counsel Tia Sherringham sold 7,546 shares of the stock in a transaction that occurred on Friday, May 23rd. The stock was sold at an average price of $204.56, for a total transaction of $1,543,609.76. Following the transaction, the general counsel now owns 129,514 shares in the company, valued at approximately $26,493,383.84. The trade was a 5.51% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 222,736 shares of company stock worth $43,334,336 in the last quarter. Corporate insiders own 5.83% of the company's stock.

DoorDash Profile

DoorDash, Inc, together with its subsidiaries, operates a commerce platform that connects merchants, consumers, and independent contractors in the United States and internationally. The company operates DoorDash Marketplace and Wolt Marketplace, which provide various services, such as customer acquisition, demand generation, order fulfillment, merchandising, payment processing, and customer support.