Janney Montgomery Scott LLC Sells 18,723 Shares of DoorDash, Inc. $DASH

Janney Montgomery Scott LLC lowered its stake in shares of DoorDash, Inc. (NASDAQ:DASH) by 48.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 19,709 shares of the company’s stock after selling 18,723 shares during the period. Janney Montgomery Scott LLC’s holdings in DoorDash were worth $2,959,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Eastern Bank grew its stake in shares of DoorDash by 714.3% in the 4th quarter. Eastern Bank now owns 114 shares of the company’s stock valued at $26,000 after buying an additional 100 shares during the period. MV Capital Management Inc. acquired a new position in DoorDash during the 4th quarter worth approximately $26,000. Swiss RE Ltd. acquired a new position in DoorDash during the 4th quarter worth approximately $28,000. ST Germain D J Co. Inc. bought a new position in DoorDash in the fourth quarter worth approximately $29,000. Finally, Kemnay Advisory Services Inc. bought a new position in DoorDash in the fourth quarter worth approximately $32,000. Institutional investors own 90.64% of the company’s stock.

Insiders Place Their Bets

In other news, COO Prabir Adarkar sold 21,739 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $155.25, for a total value of $3,374,979.75. Following the transaction, the chief operating officer owned 959,076 shares in the company, valued at $148,896,549. The trade was a 2.22% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Keith Yandell sold 2,643 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $155.34, for a total value of $410,563.62. Following the completion of the transaction, the insider directly owned 81,106 shares of the company’s stock, valued at approximately $12,599,006.04. This represents a 3.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 65,832 shares of company stock worth $11,534,308 in the last ninety days. 5.83% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on DASH. DA Davidson decreased their price objective on DoorDash from $224.00 to $200.00 and set a “neutral” rating for the company in a report on Thursday, May 7th. Weiss Ratings upgraded DoorDash from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, May 13th. The Goldman Sachs Group set a $280.00 price target on shares of DoorDash in a research report on Thursday, May 7th. Truist Financial decreased their price target on shares of DoorDash from $340.00 to $330.00 and set a “buy” rating for the company in a research note on Thursday, May 7th. Finally, Susquehanna lowered their price objective on shares of DoorDash from $250.00 to $225.00 and set a “positive” rating on the stock in a report on Friday, May 8th. Two analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $256.08.

DoorDash News Summary

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: DoorDash was highlighted in a fresh valuation-focused piece saying the stock remains undervalued, with a strong GF Score of 81/100, reinforcing the bull case after its recent rally. DoorDash Inc (DASH) Stock Up 3.9% and Still Undervalued — GF Score: 81/100
• Positive Sentiment: DoorDash is getting attention for pushing into auto parts, which suggests the company is broadening its marketplace beyond food delivery and could support longer-term growth. DoorDash (DASH) Pushes Into Auto Parts As Its Valuation Case Gets A Fresh Look
• Neutral Sentiment: DoorDash said it will announce second-quarter 2026 results on August 5, keeping attention on upcoming earnings that could drive the next major move in the stock. DoorDash to Announce Second Quarter 2026 Results on August 5, 2026
• Neutral Sentiment: Wells Fargo trimmed its price target slightly to $199 from $200 while maintaining an equal-weight rating, signaling a more cautious but not bearish stance. DoorDash price target lowered by Wells Fargo
• Negative Sentiment: Director Stanley Tang sold 23,125 shares in a pre-arranged 10b5-1 transaction, which can still weigh on sentiment even though it was not an opportunistic sale. DoorDash director Stanley Tang sold shares

DoorDash Trading Up 3.9%

Shares of DoorDash stock opened at $195.72 on Wednesday. The company has a market capitalization of $85.28 billion, a P/E ratio of 93.20 and a beta of 1.78. The stock has a fifty day simple moving average of $166.60 and a 200 day simple moving average of $179.77. DoorDash, Inc. has a 12-month low of $143.30 and a 12-month high of $285.50. The company has a current ratio of 1.43, a quick ratio of 1.43 and a debt-to-equity ratio of 0.27.

DoorDash (NASDAQ:DASH) last posted 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 net margin of 6.29% and a return on equity of 9.58%. The firm had revenue of $4.04 billion for the quarter, compared to the consensus estimate of $4.15 billion. During the same period in the previous year, the firm earned $0.44 EPS. The business’s revenue for the quarter was up 33.1% compared to the same quarter last year. On average, sell-side analysts anticipate that DoorDash, Inc. will post 2.41 earnings per share for the current fiscal year.

About DoorDash

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.