California Public Employees Retirement System Has $172.93 Million Position in DoorDash, Inc. $DASH

California Public Employees Retirement System increased its position in shares of DoorDash, Inc. (NASDAQ:DASH) by 6.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 635,787 shares of the company’s stock after acquiring an additional 36,875 shares during the period. California Public Employees Retirement System owned about 0.15% of DoorDash worth $172,928,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Resonant Capital Advisors LLC raised its position in DoorDash by 3.5% during the third quarter. Resonant Capital Advisors LLC now owns 1,229 shares of the company’s stock valued at $334,000 after purchasing an additional 42 shares in the last quarter. Premier Path Wealth Partners LLC boosted its holdings in shares of DoorDash by 1.9% in the 3rd quarter. Premier Path Wealth Partners LLC now owns 2,414 shares of the company’s stock valued at $657,000 after purchasing an additional 45 shares in the last quarter. Quotient Wealth Partners LLC increased its stake in shares of DoorDash by 3.2% in the 3rd quarter. Quotient Wealth Partners LLC now owns 1,537 shares of the company’s stock valued at $418,000 after purchasing an additional 48 shares during the last quarter. Hobart Private Capital LLC increased its stake in shares of DoorDash by 2.4% in the 3rd quarter. Hobart Private Capital LLC now owns 2,164 shares of the company’s stock valued at $589,000 after purchasing an additional 50 shares during the last quarter. Finally, SageView Advisory Group LLC raised its holdings in shares of DoorDash by 3.6% during the 2nd quarter. SageView Advisory Group LLC now owns 1,486 shares of the company’s stock worth $366,000 after buying an additional 51 shares in the last quarter. 90.64% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

DASH has been the subject of several recent analyst reports. DA Davidson dropped their price objective on DoorDash from $260.00 to $224.00 and set a “neutral” rating for the company in a research report on Thursday, February 19th. Citigroup lowered their target price on DoorDash from $283.00 to $280.00 and set a “buy” rating for the company in a research note on Friday, February 20th. Needham & Company LLC dropped their target price on shares of DoorDash from $275.00 to $265.00 and set a “buy” rating for the company in a report on Thursday, February 19th. Roth Mkm restated a “neutral” rating and issued a $200.00 price target on shares of DoorDash in a research note on Thursday, February 19th. Finally, Barclays decreased their price target on shares of DoorDash from $238.00 to $220.00 and set an “equal weight” rating on the stock in a report on Thursday, February 19th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $262.82.

Insider Buying and Selling at DoorDash

In other DoorDash news, COO Prabir Adarkar sold 15,000 shares of the business’s stock in a transaction that occurred 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 sale, the chief operating officer directly owned 874,130 shares of the company’s stock, valued at $178,838,256.70. The trade was 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. Also, Director Stanley Tang sold 45,410 shares of the company’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $209.01, for a total transaction of $9,491,144.10. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 205,409 shares of company stock worth $45,332,298 over the last quarter. Insiders own 5.83% of the company’s stock.

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 Price Performance

DoorDash stock opened at $161.36 on Monday. The stock has a 50-day moving average price of $190.69 and a two-hundred day moving average price of $222.55. DoorDash, Inc. has a 12 month low of $155.40 and a 12 month high of $285.50. The company has a market capitalization of $70.10 billion, a PE ratio of 76.11 and a beta of 1.82. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.27.

DoorDash (NASDAQ:DASH) last released its quarterly earnings results on Wednesday, February 18th. The company reported $0.48 earnings per share for the quarter, missing the consensus estimate of $0.58 by ($0.10). DoorDash had a return on equity of 10.15% and a net margin of 6.82%.The firm had revenue of $3.96 billion for the quarter, compared to the consensus estimate of $3.98 billion. During the same quarter last year, the firm posted $0.33 earnings per share. The business’s revenue for the quarter was up 37.7% on a year-over-year basis. Analysts expect that DoorDash, Inc. will post 2.22 EPS 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.