Prabir Adarkar Sells 15,000 Shares of DoorDash (NASDAQ:DASH) Stock

DoorDash, Inc. (NASDAQ:DASH) COO Prabir Adarkar sold 15,000 shares of the stock in a transaction on Tuesday, January 20th. The shares were sold at an average price of $204.59, for a total transaction of $3,068,850.00. Following the transaction, the chief operating officer directly owned 874,130 shares in the company, valued at approximately $178,838,256.70. This represents a 1.69% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Prabir Adarkar also recently made the following trade(s):

• On Monday, December 22nd, Prabir Adarkar sold 30,000 shares of DoorDash stock. The shares were sold at an average price of $234.57, for a total transaction of $7,037,100.00.
• On Monday, November 24th, Prabir Adarkar sold 24,489 shares of DoorDash stock. The shares were sold at an average price of $187.36, for a total value of $4,588,259.04.

DoorDash Stock Down 0.2%

DASH opened at $207.23 on Friday. DoorDash, Inc. has a 12 month low of $155.40 and a 12 month high of $285.50. The company has a current ratio of 2.04, a quick ratio of 2.04 and a debt-to-equity ratio of 0.29. The business’s 50-day moving average price is $217.08 and its 200-day moving average price is $239.18. The company has a market cap of $89.32 billion, a P/E ratio of 105.19 and a beta of 1.70.

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

Key Stories Impacting DoorDash

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: DoorDash says it applied AI across chat and calls to detect and defuse unsafe interactions, cutting reported incidents by ~50% — a meaningful operational improvement that can reduce liability, lower driver churn and improve marketplace trust. DoorDash Applies AI to Safety Across Chat and Calls, Cutting Incidents by 50%
• Positive Sentiment: Hibbett launched on DoorDash nationwide, expanding DoorDash’s retail assortment beyond food and groceries — a distribution win that supports revenue diversification and incremental GMV. Hibbett Launches on DoorDash
• Neutral Sentiment: Severe weather coverage warns consumers/drivers to avoid driving during a D-FW winter storm — a temporary drop in delivery activity in affected regions but not a company-specific structural issue. Should you Uber, Lyft, Doordash during D-FW winter storm?
• Negative Sentiment: A federal judge rejected DoorDash and Uber’s bid to block New York City’s tipping rules and related mandates (including a required 10% tip prompt) — a legal setback that increases the chance of changes that could boost customer tips but pressure platform commissions and take-rates in a major market. Judge rejects DoorDash, Uber bid to block NYC tipping laws Doordash, Uber fail to stop NYC law requiring 10% tip prompt
• Negative Sentiment: COO Prabir Adarkar sold 15,000 shares (~1.7% reduction of his recent position) — an insider sale that can weigh on sentiment even though his remaining stake remains large. SEC filing and coverage noted the trade. DoorDash COO Prabir Adarkar Sells 15,000 Shares
• Negative Sentiment: KeyCorp cut its price target to $275 — a downward analyst revision that can temper buy-side enthusiasm and price momentum. KeyCorp Lowers DoorDash Price Target
• Negative Sentiment: Recent reports of assaults and a knife threat against DoorDash drivers highlight ongoing safety risks that tie back to liability, insurance and retention costs despite the company’s AI safety push. Police look for man accused of flashing a knife at a DoorDash driver DoorDash driver reports armed robbery during delivery

Analysts Set New Price Targets

A number of equities research analysts recently commented on the stock. Bank of America lowered their price target on shares of DoorDash from $325.00 to $305.00 and set a “buy” rating for the company in a report on Thursday, November 6th. Citigroup reaffirmed a “market outperform” rating on shares of DoorDash in a research note on Monday, November 24th. Mizuho cut their target price on DoorDash from $350.00 to $320.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 12th. Susquehanna reduced their price target on DoorDash from $300.00 to $250.00 and set a “positive” rating on the stock in a report on Friday, November 7th. Finally, Exane BNP Paribas raised DoorDash to a “strong-buy” rating in a research report on Wednesday, January 14th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $281.26.

Institutional Trading of DoorDash

Institutional investors and hedge funds have recently bought and sold shares of the company. Physician Wealth Advisors Inc. raised its stake in shares of DoorDash by 284.0% in the third quarter. Physician Wealth Advisors Inc. now owns 96 shares of the company’s stock worth $26,000 after purchasing an additional 71 shares during the last quarter. Eastern Bank boosted its position in shares of DoorDash by 714.3% during the fourth quarter. Eastern Bank now owns 114 shares of the company’s stock valued at $26,000 after buying an additional 100 shares during the last quarter. GFG Capital LLC bought a new stake in DoorDash in the 2nd quarter worth about $30,000. Sunbelt Securities Inc. raised its position in DoorDash by 124.1% in the 3rd quarter. Sunbelt Securities Inc. now owns 121 shares of the company’s stock worth $33,000 after buying an additional 67 shares during the last quarter. Finally, Morse Asset Management Inc bought a new position in DoorDash during the 3rd quarter valued at about $36,000. 90.64% of the stock is currently owned by institutional investors.

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.