DoorDash, Inc. $DASH Stock Holdings Decreased by Panagora Asset Management Inc.

Panagora Asset Management Inc. lowered its stake in DoorDash, Inc. (NASDAQ:DASH) by 46.9% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 339,342 shares of the company’s stock after selling 299,748 shares during the period. Panagora Asset Management Inc.’s holdings in DoorDash were worth $76,854,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Public Employees Retirement Association of Colorado increased its position in shares of DoorDash by 5.8% in the 4th quarter. Public Employees Retirement Association of Colorado now owns 49,284 shares of the company’s stock worth $11,162,000 after purchasing an additional 2,680 shares during the last quarter. Piedmont Capital Management LLC NC bought a new stake in shares of DoorDash in the 4th quarter worth about $787,000. QVT Financial LP increased its position in shares of DoorDash by 161.4% in the 4th quarter. QVT Financial LP now owns 9,786 shares of the company’s stock worth $2,216,000 after purchasing an additional 6,042 shares during the last quarter. Sands Capital Management LLC grew its position in shares of DoorDash by 11.8% during the 4th quarter. Sands Capital Management LLC now owns 4,496,607 shares of the company’s stock valued at $1,018,392,000 after buying an additional 473,316 shares during the last quarter. Finally, SC US Ttgp LTD. grew its position in shares of DoorDash by 1.6% during the 4th quarter. SC US Ttgp LTD. now owns 31,686,624 shares of the company’s stock valued at $7,176,387,000 after buying an additional 506,358 shares during the last quarter. Institutional investors own 90.64% of the company’s stock.

Insider Activity

In other DoorDash news, COO Prabir Adarkar sold 21,739 shares of the company’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $155.25, for a total value of $3,374,979.75. Following the completion of the transaction, the chief operating officer owned 959,076 shares in the company, valued at approximately $148,896,549. This represents a 2.22% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 company’s stock in a transaction dated 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 completion of the transaction, the director owned 19,279 shares of the company’s stock, valued at approximately $2,891,850. This trade represents a 52.65% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 68,558 shares of company stock worth $10,914,640 in the last quarter. Company insiders own 5.83% of the company’s stock.

DoorDash Price Performance

Shares of NASDAQ:DASH opened at $150.58 on Monday. DoorDash, Inc. has a fifty-two week low of $143.30 and a fifty-two week high of $285.50. The company has a quick ratio of 1.43, a current ratio of 1.43 and a debt-to-equity ratio of 0.27. The company has a market cap of $65.61 billion, a PE ratio of 71.71 and a beta of 1.83. The firm has a 50-day simple moving average of $162.74 and a 200 day simple moving average of $184.15.

DoorDash (NASDAQ:DASH) last posted its earnings results on Wednesday, May 6th. The company reported $0.42 EPS for the quarter, topping the consensus estimate of $0.36 by $0.06. DoorDash had a net margin of 6.29% and a return on equity of 9.58%. The firm had revenue of $4.04 billion during the quarter, compared to analysts’ expectations of $4.15 billion. During the same quarter in the prior year, the firm earned $0.44 EPS. DoorDash’s quarterly revenue was up 33.1% on a year-over-year basis. On average, sell-side analysts anticipate that DoorDash, Inc. will post 2.45 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. Sanford C. Bernstein lowered their price objective on shares of DoorDash from $285.00 to $270.00 and set an “outperform” rating for the company in a research report on Thursday, February 19th. Weiss Ratings raised shares of DoorDash from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, May 13th. DA Davidson lowered their price objective on shares of DoorDash from $224.00 to $200.00 and set a “neutral” rating for the company in a research report on Thursday, May 7th. Rothschild & Co Redburn set a $350.00 price objective on shares of DoorDash in a research report on Tuesday, May 12th. Finally, Piper Sandler lowered their price objective on shares of DoorDash from $220.00 to $205.00 and set a “neutral” rating for the company in a research report on Thursday, May 7th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat, DoorDash presently has a consensus rating of “Moderate Buy” and an average price target of $256.11.

More DoorDash News

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: DoorDash launched “Ask DoorDash,” a new conversational AI assistant that lets users search for meals and groceries, order with natural-language prompts or photos, and even book restaurant reservations. Investors may see this as a potential engagement and conversion driver. Article Title
• Positive Sentiment: The AI rollout was widely covered across multiple outlets, reinforcing the idea that DoorDash is expanding its platform beyond simple delivery into more personalized shopping and reservation tools, which could help support long-term growth. Article Title
• Positive Sentiment: DoorDash and NJ TRANSIT announced a FIFA World Cup 2026 sponsorship, adding brand visibility ahead of a major global event and potentially supporting consumer awareness. Article Title
• Neutral Sentiment: BTIG Research lowered its price target on DoorDash from $280 to $225, but kept a buy rating and still sees meaningful upside from current levels. This may temper enthusiasm, but it does not signal a bearish shift. Article Title
• Neutral Sentiment: Promotional coverage around World Cup discounts and broader stock-performance articles may have limited direct impact on the shares, but they add to overall visibility around the brand. Article Title

DoorDash Company 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.