VestGen Advisors LLC Makes New $1.26 Million Investment in DoorDash, Inc. $DASH

VestGen Advisors LLC purchased a new position in shares of DoorDash, Inc. (NASDAQ:DASH) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 6,889 shares of the company’s stock, valued at approximately $1,264,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Conning Inc. lifted its stake in DoorDash by 7.2% during the third quarter. Conning Inc. now owns 1,507 shares of the company’s stock worth $277,000 after purchasing an additional 101 shares during the last quarter. Asset Management One Co. Ltd. boosted its holdings in DoorDash by 14.6% in the third quarter. Asset Management One Co. Ltd. now owns 180,991 shares of the company’s stock valued at $33,221,000 after purchasing an additional 23,018 shares in the last quarter. Angeles Wealth Management LLC increased its stake in DoorDash by 119.5% in the third quarter. Angeles Wealth Management LLC now owns 5,377 shares of the company’s stock valued at $987,000 after purchasing an additional 2,927 shares during the last quarter. Penobscot Investment Management Company Inc. purchased a new position in DoorDash in the third quarter valued at approximately $213,000. Finally, Oppenheimer & Co. Inc. increased its stake in DoorDash by 42.4% in the third quarter. Oppenheimer & Co. Inc. now owns 6,277 shares of the company’s stock valued at $1,152,000 after purchasing an additional 1,868 shares during the last quarter. 90.64% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, CFO Ravi Inukonda sold 19,505 shares of DoorDash stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $220.62, for a total transaction of $4,303,193.10. Following the completion of the transaction, the chief financial officer directly owned 232,938 shares in the company, valued at $51,390,781.56. The trade was a 7.73% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, COO Prabir Adarkar sold 55,289 shares of the business’s stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $231.76, for a total value of $12,813,778.64. Following the completion of the transaction, the chief operating officer directly owned 930,211 shares of the company’s stock, valued at approximately $215,585,701.36. This trade represents a 5.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 393,998 shares of company stock worth $85,861,330 in the last three months. Company insiders own 44.90% of the company’s stock.

Analyst Upgrades and Downgrades

DASH has been the topic of a number of research analyst reports. Rosenblatt Securities started coverage on shares of DoorDash in a report on Tuesday, September 1st. They set a “buy” rating and a $270.00 price objective on the stock. Deutsche Bank Aktiengesellschaft upped their target price on shares of DoorDash from $255.00 to $260.00 and gave the company a “buy” rating in a report on Thursday, August 6th. JPMorgan Chase & Co. increased their target price on shares of DoorDash from $250.00 to $262.00 in a research report on Wednesday, August 5th. Argus lifted their price target on shares of DoorDash from $190.00 to $270.00 in a research note on Thursday, August 27th. Finally, Mizuho set a $255.00 price target on shares of DoorDash in a research report on Friday. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $249.88.

More DoorDash News

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Strong third-quarter results: DoorDash reported adjusted earnings of $1.06 per share, exceeding the $0.81 consensus estimate, while revenue rose 34% year over year to $4.62 billion, also topping expectations. Management said the quarter set records for marketplace gross order volume, revenue and net income. DoorDash third-quarter results
• Positive Sentiment: Analysts still see upside: Wedbush upgraded DASH to “outperform” with a $230 price target, while Cantor Fitzgerald reaffirmed its “overweight” rating with a $240 target. Truist also kept a “buy” rating and raised its target to $340. Wedbush DoorDash rating
• Neutral Sentiment: AI demand remains limited: DoorDash said third-party AI agents generated only several hundred orders out of roughly 993 million quarterly orders. The disclosure reduces immediate fears that AI agents could disrupt its customer relationship, but also indicates that AI-driven ordering has not yet become a meaningful growth catalyst. DoorDash AI agent orders
• Negative Sentiment: Instacart deal creates major uncertainty: DoorDash agreed to acquire Instacart for approximately $17 billion, but the transaction may not close until late 2027 or early 2028. Instacart’s shares remain well below the $65 offer price, signaling investor concern over antitrust approval. Regulators and local officials have warned that the merger could reduce competition, increase prices or weaken gig-worker bargaining power. DoorDash Instacart regulatory risks
• Negative Sentiment: Mixed analyst revisions: Scotiabank lowered its target to $235 while retaining “sector outperform,” and Wells Fargo cut its target to $200 with an “equal weight” rating. Barclays also reduced its target to $205 and maintained “equal weight,” reflecting greater caution around valuation and the acquisition.

DoorDash Trading Down 0.0%

Shares of DoorDash stock opened at $178.99 on Friday. The stock has a market cap of $77.56 billion, a PE ratio of 73.96 and a beta of 1.90. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 0.27. The company has a 50-day moving average of $197.84 and a two-hundred day moving average of $183.11. DoorDash, Inc. has a 12-month low of $143.30 and a 12-month high of $260.74.

DoorDash (NASDAQ:DASH) last posted its earnings results on Thursday, October 29th. The company reported $1.06 earnings per share for the quarter, beating the consensus estimate of $0.81 by $0.25. DoorDash had a return on equity of 10.58% and a net margin of 6.23%. The company had revenue of $4.62 billion for the quarter, compared to analyst estimates of $4.56 billion. During the same quarter in the prior year, the company earned $0.55 earnings per share. DoorDash’s revenue was up 34.0% compared to the same quarter last year. On average, research analysts anticipate that DoorDash, Inc. will post 2.51 EPS for the current fiscal year.

About DoorDash

DoorDash, Inc (NASDAQ:DASH) operates a local commerce platform that connects consumers with restaurants, grocery stores, convenience retailers and other merchants. Through its website and mobile applications, customers can browse products, place orders for delivery or pickup, and access related services.

The company provides merchants with ordering, delivery, logistics, marketing and payment tools. Its offerings include the DoorDash Marketplace, subscription programs such as DashPass, and delivery infrastructure that merchants can use through services including DoorDash Drive.