Simon Quick Advisors LLC Has $282,000 Stock Holdings in DoorDash, Inc. $DASH

Simon Quick Advisors LLC lowered its holdings in DoorDash, Inc. (NASDAQ:DASH) by 78.6% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,035 shares of the company’s stock after selling 3,791 shares during the quarter. Simon Quick Advisors LLC’s holdings in DoorDash were worth $282,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of DASH. Brighton Jones LLC grew its stake in shares of DoorDash by 24.0% in the fourth quarter. Brighton Jones LLC now owns 9,336 shares of the company’s stock worth $1,566,000 after acquiring an additional 1,807 shares during the last quarter. Integrated Wealth Concepts LLC boosted its holdings in DoorDash by 21.5% in the 1st quarter. Integrated Wealth Concepts LLC now owns 1,715 shares of the company’s stock valued at $314,000 after purchasing an additional 303 shares during the period. NewEdge Advisors LLC grew its position in DoorDash by 152.5% in the 1st quarter. NewEdge Advisors LLC now owns 15,320 shares of the company’s stock worth $2,800,000 after purchasing an additional 9,252 shares during the last quarter. Shellback Capital LP grew its position in DoorDash by 60.0% in the 1st quarter. Shellback Capital LP now owns 80,000 shares of the company’s stock worth $14,622,000 after purchasing an additional 30,000 shares during the last quarter. Finally, UniSuper Management Pty Ltd increased its holdings in shares of DoorDash by 342.5% during the 1st quarter. UniSuper Management Pty Ltd now owns 26,105 shares of the company’s stock worth $4,771,000 after purchasing an additional 20,205 shares during the period. 90.64% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at DoorDash

In other DoorDash news, Director Alfred Lin bought 389,047 shares of DoorDash stock in a transaction dated Tuesday, November 25th. The shares were acquired at an average cost of $193.81 per share, with a total value of $75,401,199.07. Following the acquisition, the director directly owned 389,047 shares of the company’s stock, valued at $75,401,199.07. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Andy Fang sold 30,000 shares of the stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $244.39, for a total value of $7,331,700.00. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 551,184 shares of company stock valued at $116,565,284. 5.83% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

DASH has been the subject of several research reports. BTIG Research reiterated a “buy” rating and issued a $315.00 target price on shares of DoorDash in a research note on Thursday, November 6th. UBS Group reduced their price objective on DoorDash from $316.00 to $241.00 and set a “neutral” rating for the company in a research report on Thursday, November 6th. Truist Financial lifted their price objective on DoorDash from $326.00 to $340.00 and gave the stock a “buy” rating in a report on Thursday, October 23rd. Morgan Stanley upped their target price on DoorDash from $300.00 to $330.00 and gave the company an “overweight” rating in a research note on Monday, October 20th. Finally, Jefferies Financial Group raised their target price on DoorDash from $260.00 to $270.00 and gave the stock a “buy” rating in a research report on Thursday, December 11th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $277.38.

DoorDash Stock Performance

DoorDash stock opened at $219.79 on Monday. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.04 and a quick ratio of 2.04. The stock has a fifty day moving average price of $221.16 and a two-hundred day moving average price of $241.50. DoorDash, Inc. has a 52-week low of $155.40 and a 52-week high of $285.50. The firm has a market capitalization of $94.73 billion, a P/E ratio of 111.57 and a beta of 1.70.

DoorDash (NASDAQ:DASH) last issued its 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). DoorDash had a net margin of 6.83% and a return on equity of 9.97%. The firm had revenue of $3.45 billion during the quarter, compared to analyst estimates of $3.35 billion. During the same quarter in the prior year, the firm posted $0.38 EPS. The firm’s revenue for the quarter was up 27.3% on a year-over-year basis. As a group, analysts anticipate that DoorDash, Inc. will post 2.22 EPS for the current fiscal year.

Key DoorDash News

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Brokerage sentiment remains supportive: analysts give DASH a consensus “Moderate Buy,” which provides some investor support amid the headlines. DoorDash receives consensus rating
• Neutral Sentiment: DoorDash publicly said it banned a driver accused of faking a delivery with AI — the company took corrective action, but the episode highlights emerging technology‑abuse vectors the business must police. Driver banned after AI-faked delivery
• Negative Sentiment: Serious reputational and legal risk after reports that a DoorDash driver allegedly punched a 75‑year‑old man who is now in a coma; the incident has drawn local and national coverage and could spur regulatory scrutiny, increased insurance/legal costs and customer backlash. DoorDash driver accused of assaulting 75-year-old
• Negative Sentiment: Operational risk from AI-enabled fraud: outlets report customers and couriers using AI to manipulate photos or deliveries for refunds/false claims, a trend that could raise costs, increase chargebacks and complicate trust on the platform. Customers using AI to alter takeout photos
• Negative Sentiment: Fundamentals: DoorDash’s latest quarter showed revenue growth but an EPS miss (reported $0.55 vs. $0.68 expected), leaving the stock vulnerable given a high P/E and elevated expectations for profitability improvement. (See company filings/earnings release for details.)

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.