David J Yvars Group Sells 3,340 Shares of DoorDash, Inc. $DASH

David J Yvars Group reduced its holdings in shares of DoorDash, Inc. (NASDAQ:DASH) by 64.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,840 shares of the company’s stock after selling 3,340 shares during the period. David J Yvars Group’s holdings in DoorDash were worth $417,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the business. Physician Wealth Advisors Inc. lifted its holdings in shares of DoorDash by 284.0% in the 3rd 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. Sunbelt Securities Inc. grew its holdings in shares of DoorDash by 124.1% during the 3rd quarter. Sunbelt Securities Inc. now owns 121 shares of the company’s stock valued at $33,000 after purchasing an additional 67 shares during the last quarter. Morse Asset Management Inc bought a new position in shares of DoorDash during the 3rd quarter valued at $36,000. Sound Income Strategies LLC raised its position in DoorDash by 2,760.0% in the 3rd quarter. Sound Income Strategies LLC now owns 143 shares of the company’s stock worth $39,000 after purchasing an additional 138 shares during the period. Finally, Rossby Financial LCC raised its position in DoorDash by 127.8% in the 3rd quarter. Rossby Financial LCC now owns 164 shares of the company’s stock worth $44,000 after purchasing an additional 92 shares during the period. 90.64% of the stock is owned by hedge funds and other institutional investors.

DoorDash News Summary

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: DoorDash launched “Tasks,” expanding beyond food delivery into paid local gigs — a potential new revenue stream and way to boost utilization of its courier base. Article Title
• Positive Sentiment: Multiple analyst write-ups note DoorDash is trading near its 52-week low while analysts remain largely bullish — this can attract value-oriented buyers and limit downside if fundamentals hold. Article Title
• Neutral Sentiment: DoorDash announced an emergency gas-relief program (10% cash back on the DoorDash Crimson card plus weekly relief payments for high-mileage Dashers). This helps driver retention/availability but the net impact on margins is unclear short-term. Article Title
• Neutral Sentiment: Reports that DoorDash and peers are tapping gig workers to collect data for AI and store operations point to potential new data assets and product applications, but regulatory and execution risks remain. Article Title
• Neutral Sentiment: Human-interest coverage (a ~78‑year‑old Dasher’s GoFundMe nearing $1M) is positive PR but not material to fundamentals. Article Title
• Negative Sentiment: Surging gas prices (linked to geopolitical developments) are forcing DoorDash to subsidize fuel costs for Dashers; while supporting the gig pool, those relief payments create potential near-term margin pressure. Article Title
• Negative Sentiment: Several short-interest notices claim a “large increase,” but the published figures appear inconsistent/erroneous (zeros/NaN). The noisy/contradictory data can foster uncertainty and short-term selling if investors interpret it as rising bearish pressure.

Insider Transactions at DoorDash

In other news, CFO Ravi Inukonda sold 1,017 shares of the business’s stock in a transaction that occurred on Wednesday, January 14th. The stock was sold at an average price of $215.14, for a total transaction of $218,797.38. Following the transaction, the chief financial officer directly owned 208,412 shares of the company’s stock, valued at approximately $44,837,757.68. The trade was a 0.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Shona L. Brown sold 1,250 shares of the business’s stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $176.61, for a total value of $220,762.50. Following the transaction, the director directly owned 31,002 shares in the company, valued at $5,475,263.22. This trade represents a 3.88% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 157,317 shares of company stock worth $34,131,231. Corporate insiders own 5.83% of the company’s stock.

DoorDash Stock Performance

DoorDash stock opened at $154.73 on Wednesday. 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 firm has a market cap of $67.22 billion, a P/E ratio of 72.99 and a beta of 1.82. DoorDash, Inc. has a 1-year low of $153.00 and a 1-year high of $285.50. The firm has a 50-day moving average of $182.19 and a 200-day moving average of $218.38.

DoorDash (NASDAQ:DASH) last announced its quarterly earnings results 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 business 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 firm’s revenue for the quarter was up 37.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.33 EPS. Sell-side analysts expect that DoorDash, Inc. will post 2.22 EPS for the current year.

Analyst Ratings Changes

Several research firms have issued reports on DASH. DA Davidson cut their price target on shares of DoorDash from $260.00 to $224.00 and set a “neutral” rating for the company in a research report on Thursday, February 19th. Sanford C. Bernstein decreased their price objective on DoorDash from $285.00 to $270.00 and set an “outperform” rating on the stock in a report on Thursday, February 19th. Jefferies Financial Group boosted their target price on DoorDash from $260.00 to $270.00 and gave the company a “buy” rating in a research note on Thursday, December 11th. KeyCorp raised their price target on DoorDash from $275.00 to $280.00 and gave the stock an “overweight” rating in a research report on Thursday, February 19th. Finally, Truist Financial lifted their price target on DoorDash from $330.00 to $340.00 and gave the stock a “buy” rating in a research note on Thursday, February 19th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average 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.