Corient Private Wealth LLC Boosts Holdings in DoorDash, Inc. $DASH

Corient Private Wealth LLC lifted its holdings in DoorDash, Inc. (NASDAQ:DASH) by 29.8% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 21,693 shares of the company’s stock after acquiring an additional 4,983 shares during the quarter. Corient Private Wealth LLC’s holdings in DoorDash were worth $5,348,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in DASH. Vanguard Group Inc. lifted its stake in DoorDash by 4.6% in the second quarter. Vanguard Group Inc. now owns 41,190,085 shares of the company’s stock worth $10,153,768,000 after purchasing an additional 1,792,799 shares during the last quarter. State Street Corp increased its holdings in shares of DoorDash by 3.1% in the second quarter. State Street Corp now owns 14,387,499 shares of the company’s stock worth $3,546,662,000 after buying an additional 427,722 shares during the period. Geode Capital Management LLC lifted its stake in shares of DoorDash by 2.9% in the 2nd quarter. Geode Capital Management LLC now owns 7,951,230 shares of the company’s stock valued at $1,950,711,000 after acquiring an additional 223,188 shares during the last quarter. Invesco Ltd. lifted its stake in shares of DoorDash by 12.0% in the 2nd quarter. Invesco Ltd. now owns 5,375,480 shares of the company’s stock valued at $1,325,110,000 after acquiring an additional 575,629 shares during the last quarter. Finally, Norges Bank purchased a new stake in DoorDash during the 2nd quarter valued at about $1,185,576,000. Institutional investors own 90.64% of the company’s stock.

Insider Activity

In other news, Director Alfred Lin bought 389,047 shares of the firm’s stock in a transaction dated Tuesday, November 25th. The stock was purchased at an average price of $193.81 per share, with a total value of $75,401,199.07. Following the transaction, the director owned 389,047 shares of the company’s stock, valued at approximately $75,401,199.07. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Stanley Tang sold 45,410 shares of DoorDash stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $244.39, for a total value of $11,097,749.90. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 644,980 shares of company stock worth $143,500,178. Company insiders own 5.83% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have commented on DASH shares. Wall Street Zen cut DoorDash from a “buy” rating to a “hold” rating in a research note on Saturday, November 1st. UBS Group decreased their target price on shares of DoorDash from $316.00 to $241.00 and set a “neutral” rating on the stock in a research note on Thursday, November 6th. Barclays dropped their price target on shares of DoorDash from $272.00 to $238.00 and set an “equal weight” rating for the company in a research report on Thursday, November 6th. Royal Bank Of Canada cut their price target on shares of DoorDash from $300.00 to $270.00 and set an “outperform” rating on the stock in a report on Thursday, November 6th. Finally, Wells Fargo & Company lowered their price objective on shares of DoorDash from $301.00 to $239.00 and set an “equal weight” rating for the company in a research note on Thursday, November 6th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $275.74.

Key Stores Impacting DoorDash

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: DoorDash launched a grocery-shopping app inside ChatGPT via a partnership with OpenAI, letting users turn recipes into grocery orders and check out on DoorDash — a direct competitive push into Instacart’s turf that could expand grocery GMV and user engagement. DoorDash Brings Grocery Shopping to ChatGPT, Rivaling Instacart
• Positive Sentiment: DoorDash debuted “Zesty,” an AI-powered social/discovery app in SF and NYC aimed at increasing local-restaurant discovery and retention — a user-engagement product that could boost order frequency and monetization over time. DoorDash Launches ‘Zesty,’ an AI App That Helps You Find Local Restaurants
• Positive Sentiment: Holiday promotions — including a “Holiday Gift Rescue” service and a $100K giveaway for delayed packages — are designed to capture last‑minute spend and improve brand perception during peak season, which can lift short‑term order volumes. Delayed Gift? DoorDash Saves the Day with its Holiday Gift Rescue
• Neutral Sentiment: Consumer & lifestyle write-ups highlighting DoorDash as a holiday convenience reinforce brand utility but are unlikely to move fundamentals materially in the near term. Here’s Why DoorDash Is Our Secret Weapon During the Holidays
• Negative Sentiment: Serious safety incidents involving deliveries — including a fatal shooting reportedly linked to a DoorDash order — raise reputational and potential liability concerns that could spur scrutiny and user backlash. Honor student waiting on DoorDash order outside girlfriend’s house shot dead in ‘sickening’ case of mistaken identity, cops say
• Negative Sentiment: Local driver misconduct reports (pepper‑spray incident) add to operational risk and could lead to localized enforcement or higher compliance costs. DoorDash driver accused of pepper spray incident taken to Vanderburgh County Jail
• Negative Sentiment: San Francisco supervisors passed legislation restricting DoorDash’s drone testing, signaling regulatory headwinds for delivery automation and potential limits on a cost-reduction pathway. SF: Supervisors Pass Legislation Restricting Doordash From Testing Delivery Drones

DoorDash Stock Up 1.4%

Shares of DoorDash stock opened at $234.25 on Friday. The company has a current ratio of 2.04, a quick ratio of 2.04 and a debt-to-equity ratio of 0.29. DoorDash, Inc. has a 12-month low of $155.40 and a 12-month high of $285.50. The company has a market cap of $100.96 billion, a P/E ratio of 118.91 and a beta of 1.72. The company’s fifty day simple moving average is $227.98 and its two-hundred day simple moving average is $240.54.

DoorDash (NASDAQ:DASH) last announced its earnings results on Wednesday, November 5th. The company reported $0.55 earnings per share for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.13). DoorDash had a net margin of 6.83% and a return on equity of 9.97%. The company had revenue of $3.45 billion for the quarter, compared to the consensus estimate of $3.35 billion. During the same period in the previous year, the firm posted $0.38 EPS. The company’s revenue for the quarter was up 27.3% on a year-over-year basis. Research analysts anticipate that DoorDash, Inc. will post 2.22 EPS for the current year.

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.