FORA Capital LLC Purchases New Shares in DoorDash, Inc. $DASH

FORA Capital LLC acquired a new stake in shares of DoorDash, Inc. (NASDAQ:DASH) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 18,365 shares of the company’s stock, valued at approximately $4,995,000. DoorDash comprises 0.9% of FORA Capital LLC’s investment portfolio, making the stock its 17th biggest holding.

A number of other institutional investors and hedge funds have also made changes to their positions in DASH. Norges Bank purchased a new stake in shares of DoorDash during the 2nd quarter valued at about $1,185,576,000. Vanguard Group Inc. grew its position 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 acquiring an additional 1,792,799 shares in the last quarter. Scge Management L.P. purchased a new position in DoorDash in the second quarter worth about $267,463,000. Invesco Ltd. increased its stake in DoorDash by 18.2% during the third quarter. Invesco Ltd. now owns 6,355,628 shares of the company’s stock worth $1,728,667,000 after acquiring an additional 980,148 shares during the last quarter. Finally, Ninety One UK Ltd bought a new stake in DoorDash during the third quarter worth approximately $259,154,000. 90.64% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director Stanley Tang sold 45,410 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $209.01, for a total value of $9,491,144.10. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 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 completion of the transaction, the chief financial officer directly owned 208,412 shares in the company, valued at approximately $44,837,757.68. This trade represents a 0.49% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 205,409 shares of company stock worth $45,332,298 over the last 90 days. Corporate insiders own 5.83% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on DASH. DA Davidson lowered their price objective on DoorDash from $260.00 to $224.00 and set a “neutral” rating for the company in a research note on Thursday, February 19th. KeyCorp boosted their target price on DoorDash from $275.00 to $280.00 and gave the company an “overweight” rating in a research report on Thursday, February 19th. Citigroup decreased their price target on DoorDash from $283.00 to $280.00 and set a “buy” rating on the stock in a report on Friday, February 20th. Benchmark raised their price target on DoorDash from $280.00 to $285.00 and gave the stock a “buy” rating in a research report on Thursday, February 19th. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $275.00 price objective on shares of DoorDash in a research note on Thursday, February 19th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $262.82.

More DoorDash News

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Strong marketplace growth: Zacks reports DoorDash’s marketplace GOV jumped ~39% to $29.7B in Q4 2025 and Q1 2026 GOV is projected at $31B–$31.8B, signaling continued demand across restaurants, retail and grocery that supports revenue upside. Read More.
• Positive Sentiment: Retail partnership expansion: Convenience chain Casey’s launched a hunger‑relief campaign with DoorDash — a sign DoorDash is deepening local retail and grocery integrations that can lift GOV and merchant service fees. Read More.
• Positive Sentiment: Strong PR / brand goodwill from viral donor response: Multiple outlets report ~$500K raised for a 78‑year‑old DoorDash driver after a viral delivery video. This goodwill can help consumer sentiment and local brand reputation, though it’s unlikely to move fundamentals materially. Read More.
• Neutral Sentiment: Industry tech developments: Grubhub plans drone trials, joining DoorDash and Uber Eats in delivery experimentation — underscores industry innovation but also rising capex/tech competition risks. Read More.
• Negative Sentiment: Insider selling: Director Shona Brown sold 1,250 shares (disclosed in an SEC filing). While not large relative to institutional ownership, insider sales can weigh on short‑term sentiment. Read More.
• Negative Sentiment: Macro / geopolitical headwinds: Benzinga notes fresh geopolitical turmoil in the Middle East pressured shares — DoorDash is sensitive to consumer spending shifts and market volatility that can reduce order frequency. Read More.
• Negative Sentiment: Driver economics under pressure: Local reporting highlights rising gas prices squeezing Dashers in some regions — higher fuel costs can hurt driver supply, consumer prices, or DoorDash’s commission/marketing dynamics. Read More.

DoorDash Stock Down 0.2%

NASDAQ:DASH opened at $161.36 on Friday. The company has a market cap of $70.10 billion, a price-to-earnings ratio of 76.11 and a beta of 1.82. DoorDash, Inc. has a twelve month low of $155.40 and a twelve month high of $285.50. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.27. The stock has a fifty day simple moving average of $190.69 and a 200-day simple moving average of $222.90.

DoorDash (NASDAQ:DASH) last posted its quarterly earnings results on Wednesday, February 18th. The company reported $0.48 EPS for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.10). The company had revenue of $3.96 billion during the quarter, compared to the consensus estimate of $3.98 billion. DoorDash had a return on equity of 10.15% and a net margin of 6.82%.The company’s revenue for the quarter was up 37.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.33 earnings per share. 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.