Alliancebernstein L.P. Acquires 23,411 Shares of DoorDash, Inc. $DASH

Alliancebernstein L.P. raised its stake in shares of DoorDash, Inc. (NASDAQ:DASH) by 4.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 524,553 shares of the company’s stock after buying an additional 23,411 shares during the quarter. Alliancebernstein L.P. owned about 0.12% of DoorDash worth $142,673,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Physician Wealth Advisors Inc. boosted its position in shares of DoorDash by 284.0% during the third quarter. Physician Wealth Advisors Inc. now owns 96 shares of the company’s stock worth $26,000 after acquiring an additional 71 shares during the last quarter. Sound Income Strategies LLC increased its holdings in DoorDash by 2,760.0% in the 3rd quarter. Sound Income Strategies LLC now owns 143 shares of the company’s stock valued at $39,000 after acquiring an additional 138 shares during the last quarter. Rossby Financial LCC increased its holdings in DoorDash by 127.8% in the 3rd quarter. Rossby Financial LCC now owns 164 shares of the company’s stock valued at $44,000 after acquiring an additional 92 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC lifted its stake in DoorDash by 74.3% in the 3rd quarter. Annis Gardner Whiting Capital Advisors LLC now owns 176 shares of the company’s stock worth $48,000 after purchasing an additional 75 shares in the last quarter. Finally, Concord Wealth Partners bought a new position in shares of DoorDash during the 3rd quarter valued at about $50,000. Institutional investors own 90.64% of the company’s stock.

Insider Activity at DoorDash

In other DoorDash news, CEO Tony Xu sold 16,667 shares of DoorDash stock in a transaction on Monday, January 5th. The shares were sold at an average price of $230.00, for a total transaction of $3,833,410.00. Following the completion of the transaction, the chief executive officer directly owned 1,500 shares of the company’s stock, valued at $345,000. The trade was a 91.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Prabir Adarkar sold 15,000 shares of the business’s 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 owned 874,130 shares in the company, valued at $178,838,256.70. This trade represents a 1.69% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 205,409 shares of company stock worth $45,332,298 in the last ninety days. Corporate insiders own 5.83% of the company’s stock.

DoorDash Trading Up 4.0%

Shares of NASDAQ DASH opened at $167.78 on Tuesday. The business’s 50 day moving average is $189.51 and its two-hundred day moving average is $221.99. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.41 and a quick ratio of 1.41. DoorDash, Inc. has a 1-year low of $155.40 and a 1-year high of $285.50. The stock has a market capitalization of $72.89 billion, a P/E ratio of 79.14 and a beta of 1.82.

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

More DoorDash News

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Pilot for delivery robots in Fremont signals DoorDash is advancing automation efforts that could lower last‑mile costs and improve long‑term margins. DoorDash robots headed for Fremont streets
• Positive Sentiment: Widespread media coverage of nearly $1M raised for a 78‑year‑old Dash driver has generated positive PR and community goodwill around the platform and driver network. Nearly $1 million raised for 78‑year‑old DoorDash driver
• Neutral Sentiment: DoorDash’s own Easter ordering data provides seasonal demand insight and marketing leverage — useful for topline growth but not an immediate earnings surprise. Hatching trends: How America is celebrating Easter, according to DoorDash data
• Negative Sentiment: $16M settlement notice highlights ongoing legal exposure and puts a modest near‑term cash cost on the table (likely immaterial vs. market cap but a headline risk). $16M DoorDash settlement: Who is eligible and when you could get payout
• Negative Sentiment: Oklahoma therapist won a trademark dispute against DoorDash — a legal loss that could signal brand/marketing vulnerabilities and set precedent for other small‑business disputes. Oklahoma Therapist Wins Trademark Battle Against DoorDash
• Negative Sentiment: Several high‑profile safety and crime stories (a driver discovering a decomposing body during a delivery; separate reports of a driver admitting a fatal assault) raise reputational and regulatory scrutiny around driver safety and platform controls. These are headline risks that could prompt calls for policy or monitoring changes. Decomposing Body Found Inside Closet After DoorDash Driver Smelled Foul Odor During Delivery DoorDash driver admits he killed Charlotte high schooler

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on DASH. BNP Paribas Exane started coverage on DoorDash in a report on Wednesday, January 14th. They issued an “outperform” rating and a $280.00 target price on the stock. Argus dropped their price target on DoorDash from $275.00 to $260.00 and set a “buy” rating for the company in a research note on Friday, December 12th. Evercore set a $300.00 price target on DoorDash in a report on Thursday, February 19th. Truist Financial lifted their price objective on DoorDash from $330.00 to $340.00 and gave the stock a “buy” rating in a research note on Thursday, February 19th. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of DoorDash in a research report on Friday, December 12th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat, DoorDash presently has an average rating of “Moderate Buy” and a consensus target price of $262.82.

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.