Brighton Jones LLC Has $6.30 Million Position in DoorDash, Inc. $DASH

Brighton Jones LLC grew its position in DoorDash, Inc. (NASDAQ:DASH) by 33.7% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 23,144 shares of the company’s stock after purchasing an additional 5,835 shares during the period. Brighton Jones LLC’s holdings in DoorDash were worth $6,295,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in DASH. GFG Capital LLC acquired a new position in DoorDash in the second quarter valued at about $30,000. Saudi Central Bank bought a new position in shares of DoorDash in the first quarter valued at approximately $25,000. WPG Advisers LLC bought a new position in shares of DoorDash in the first quarter valued at approximately $26,000. Sound Income Strategies LLC boosted its holdings in shares of DoorDash by 2,760.0% in the 3rd quarter. Sound Income Strategies LLC now owns 143 shares of the company’s stock worth $39,000 after acquiring an additional 138 shares in the last quarter. Finally, Pacific Center for Financial Services bought a new stake in DoorDash during the 1st quarter worth approximately $27,000. Institutional investors own 90.64% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on DASH shares. Barclays cut their price objective on DoorDash from $272.00 to $238.00 and set an “equal weight” rating for the company in a research report on Thursday, November 6th. Stifel Nicolaus cut their price target on DoorDash from $255.00 to $253.00 and set a “hold” rating for the company in a report on Thursday, November 6th. Morgan Stanley upped their price target on shares of DoorDash from $300.00 to $330.00 and gave the stock an “overweight” rating in a research report on Monday, October 20th. Argus lowered their price objective on shares of DoorDash from $275.00 to $260.00 and set a “buy” rating for the company in a research report on Friday, December 12th. Finally, KeyCorp reaffirmed an “overweight” rating and issued a $280.00 target price on shares of DoorDash in a research note on Friday, November 21st. One analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat.com, DoorDash presently has an average rating of “Moderate Buy” and an average target price of $275.74.

Insider Transactions at DoorDash

In other DoorDash news, Director Alfred Lin bought 389,047 shares of the stock in a transaction on 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 acquisition, 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 purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Andy Fang sold 30,000 shares of the company’s stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $268.20, for a total transaction of $8,046,000.00. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 644,980 shares of company stock valued at $143,500,178. 5.83% of the stock is currently owned by company insiders.

Key Headlines 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 Performance

Shares of NASDAQ:DASH opened at $234.25 on Monday. 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 1-year low of $155.40 and a 1-year high of $285.50. The stock has a market capitalization of $100.96 billion, a P/E ratio of 118.91 and a beta of 1.72. The business has a 50-day moving average price of $227.98 and a two-hundred day moving average price of $240.68.

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

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.