Cibc World Market Inc. Has $32.28 Million Position in DoorDash, Inc. $DASH

Cibc World Market Inc. lifted its holdings in DoorDash, Inc. (NASDAQ:DASH) by 1,311.9% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 118,674 shares of the company’s stock after purchasing an additional 110,269 shares during the quarter. Cibc World Market Inc.’s holdings in DoorDash were worth $32,278,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of DASH. Brighton Jones LLC increased its position in shares of DoorDash by 24.0% during 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 in the last quarter. Integrated Wealth Concepts LLC boosted its stake in DoorDash by 21.5% in the 1st quarter. Integrated Wealth Concepts LLC now owns 1,715 shares of the company’s stock worth $314,000 after purchasing an additional 303 shares during the period. Empowered Funds LLC increased its holdings in DoorDash by 3.6% during the 1st quarter. Empowered Funds LLC now owns 8,130 shares of the company’s stock worth $1,486,000 after purchasing an additional 285 shares in the last quarter. Sivia Capital Partners LLC raised its stake in shares of DoorDash by 92.9% in the 2nd quarter. Sivia Capital Partners LLC now owns 4,255 shares of the company’s stock valued at $1,049,000 after purchasing an additional 2,049 shares during the period. Finally, IFP Advisors Inc raised its stake in shares of DoorDash by 80.2% in the 2nd quarter. IFP Advisors Inc now owns 917 shares of the company’s stock valued at $226,000 after purchasing an additional 408 shares during the period. 90.64% of the stock is owned by institutional investors.

Key Stories Impacting DoorDash

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Strategic partnerships cited in sector coverage: a recent MarketBeat piece on Kroger’s turnaround highlights DoorDash as a continuing delivery partner for grocery last-mile fulfillment — a reminder of recurring revenue opportunities from grocery and retail partnerships. Kroger’s New CEO: A Turnaround Play in Aisle 4?
• Positive Sentiment: Enforcement against platform fraud: multiple articles report sentencing for a $2.5M “phantom orders” scam affecting DoorDash — resolution of these schemes reduces ongoing fraud risk and potential losses. Hayward Man Gets Prison In $2.5 Million DoorDash ‘Phantom Orders’ Hustle
• Neutral Sentiment: Short-interest report shown in feeds claims a “large increase” but the published numbers appear inconsistent/erroneous (zeros/NaN). The data point is noisy and likely not a reliable driver of price until clarified. (internal short-interest entries)
• Neutral Sentiment: Analyst/earnings previews: Zacks flagged DoorDash as unlikely to have the optimal mix for an earnings beat in the upcoming report; separate valuation pieces point to a rich P/E after recent weakness — these notes keep investor expectations cautious. DoorDash, Inc. (DASH) Earnings Expected to Grow: Should You Buy?
• Negative Sentiment: Insider selling: Director Shona L. Brown sold 1,250 shares on Feb. 9 at an average ~$181, reducing her stake ~3.7% — insider sales can be read negatively by investors, especially amid other headwinds. SEC Form 4
• Negative Sentiment: Legal and reputational risk from fatal hit-and-run: coverage of a Queens fatal hit-and-run involving a DoorDash driver and subsequent family lawsuits raises potential liability and brand risk. Lawsuits and adverse publicity can pressure the stock. Suspect in fatal Queens hit-and-run of DoorDash driver returned to NYC
• Negative Sentiment: Multiple driver-related incidents and legal claims reported (tasing, arrests, immigration issues) add operational and reputational noise that could spur regulatory scrutiny and higher compliance costs. Examples include driver tasing and felony allegations in separate stories. Driver accused in Polk County burglary
• Negative Sentiment: Ongoing litigation: multiple recent articles note families suing DoorDash after driver-related fatalities; potential legal exposure and settlements remain a risk for near-term investor sentiment. Parents file lawsuit against DoorDash

Analysts Set New Price Targets

A number of research analysts recently issued reports on DASH shares. DA Davidson reiterated a “neutral” rating and set a $260.00 price objective on shares of DoorDash in a report on Thursday, November 6th. Bank of America lowered their price objective on shares of DoorDash from $325.00 to $305.00 and set a “buy” rating on the stock in a report on Thursday, November 6th. BTIG Research restated a “buy” rating and set a $315.00 target price on shares of DoorDash in a report on Thursday, November 6th. Wells Fargo & Company raised their target price on shares of DoorDash from $239.00 to $251.00 and gave the company an “equal weight” rating in a research report on Thursday, January 8th. Finally, Truist Financial boosted their price target on shares of DoorDash from $326.00 to $340.00 and gave the stock a “buy” rating in a research report on Thursday, October 23rd. One analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $280.24.

Insider Activity at DoorDash

In other news, Director Shona L. Brown sold 1,250 shares of the company’s stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $181.28, for a total value of $226,600.00. Following the transaction, the director owned 32,252 shares of the company’s stock, valued at approximately $5,846,642.56. This represents a 3.73% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Ravi Inukonda sold 1,017 shares of the stock in a transaction that occurred on Wednesday, January 14th. The stock was sold at an average price of $215.14, for a total value of $218,797.38. Following the transaction, the chief financial officer owned 208,412 shares in the company, valued at approximately $44,837,757.68. This trade represents a 0.49% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 604,135 shares of company stock valued at $124,509,080. Insiders own 5.83% of the company’s stock.

DoorDash Stock Down 5.5%

DASH opened at $175.47 on Thursday. The stock’s fifty day simple moving average is $215.75 and its 200 day simple moving average is $235.16. DoorDash, Inc. has a 1-year low of $155.40 and a 1-year high of $285.50. The stock has a market cap of $75.63 billion, a PE ratio of 89.07 and a beta of 1.77. 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 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.