Caprock Group LLC Makes New $3.17 Million Investment in DoorDash, Inc. $DASH

Caprock Group LLC acquired a new stake in shares of DoorDash, Inc. (NASDAQ:DASH) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 11,653 shares of the company’s stock, valued at approximately $3,169,000.

A number of other institutional investors also recently bought and sold shares of DASH. Vanguard Group Inc. raised its holdings in shares of 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 buying an additional 1,792,799 shares during the last quarter. State Street Corp raised its stake in DoorDash by 3.1% in the 2nd quarter. State Street Corp now owns 14,387,499 shares of the company’s stock worth $3,546,662,000 after acquiring an additional 427,722 shares during the last quarter. Geode Capital Management LLC lifted its position in DoorDash by 2.9% during the 2nd quarter. Geode Capital Management LLC now owns 7,951,230 shares of the company’s stock worth $1,950,711,000 after acquiring an additional 223,188 shares during the period. Invesco Ltd. grew its stake in DoorDash by 12.0% during the 2nd quarter. Invesco Ltd. now owns 5,375,480 shares of the company’s stock valued at $1,325,110,000 after purchasing an additional 575,629 shares during the last quarter. Finally, Norges Bank purchased a new stake in DoorDash during the 2nd quarter valued at about $1,185,576,000. 90.64% of the stock is currently owned by institutional investors and hedge funds.

More DoorDash News

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Ongoing grocery/retail partnerships support recurring revenue opportunity — sector coverage of Kroger notes DoorDash as a last‑mile delivery partner, reinforcing DoorDash’s retail growth pathway. Kroger’s New CEO: A Turnaround Play in Aisle 4?
• Positive Sentiment: Resolution and sentencing in a $2.5M “phantom orders” fraud case removes an ongoing loss vector and signals enforcement improvements. Hayward Man Gets Prison In $2.5 Million DoorDash ‘Phantom Orders’ Hustle
• Neutral Sentiment: Short‑interest feed shows a “large increase” flag but published numbers are inconsistent/NaN; noisy data is unlikely to drive trading until clarified. (internal short‑interest entries)
• Neutral Sentiment: Bank of America and other previews expect Q4 roughly in line with consensus (GOV ≈ $29.2B; revenue ≈ $3.94B; EBITDA ≈ $792M); analysts are mixed, so the upcoming Feb. 18 report is a near‑term catalyst. DoorDash set to report in-line Q4 earnings
• Negative Sentiment: Director insider selling: Shona L. Brown sold 1,250 shares (~$181 avg), a small but visible insider sale that can be interpreted negatively amid weak price action. SEC Form 4
• Negative Sentiment: Legal and reputational risk: coverage of a fatal Queens hit‑and‑run involving a DoorDash driver and family lawsuits raises potential liability and regulatory scrutiny. Suspect in fatal Queens hit-and-run
• Negative Sentiment: Multiple driver‑related incidents and legal claims (tasing, arrests, immigration issues) add operational noise that could increase compliance costs and dent consumer trust. Driver accused in Polk County burglary

DoorDash Price Performance

DoorDash stock opened at $161.14 on Friday. The stock has a market capitalization of $69.45 billion, a P/E ratio of 81.80 and a beta of 1.77. The company’s fifty day moving average price is $214.55 and its 200 day moving average price is $234.65. The company has a debt-to-equity ratio of 0.29, a quick ratio of 2.04 and a current ratio of 2.04. DoorDash, Inc. has a 1 year low of $155.40 and a 1 year high of $285.50.

Wall Street Analyst Weigh In

Several analysts have commented on DASH shares. Guggenheim decreased their price objective on shares of DoorDash from $280.00 to $275.00 and set a “buy” rating for the company in a research note on Thursday, January 29th. Wells Fargo & Company boosted 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. Stifel Nicolaus cut their price target on DoorDash from $253.00 to $224.00 and set a “hold” rating on the stock in a research report on Tuesday, January 27th. Needham & Company LLC decreased their price objective on DoorDash from $300.00 to $275.00 and set a “buy” rating for the company in a report on Friday, November 14th. Finally, Susquehanna dropped their target price on DoorDash from $300.00 to $250.00 and set a “positive” rating on the stock in a report on Friday, November 7th. One analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $280.24.

Insider Activity

In other news, Director Alfred Lin acquired 389,047 shares of the business’s stock in a transaction on Tuesday, November 25th. The stock was bought at an average cost of $193.81 per share, for a total transaction of $75,401,199.07. Following the purchase, the director owned 389,047 shares in the company, valued at approximately $75,401,199.07. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, COO Prabir Adarkar sold 30,000 shares of the firm’s stock in a transaction that occurred on Monday, December 22nd. The shares were sold at an average price of $234.57, for a total value of $7,037,100.00. Following the completion of the transaction, the chief operating officer owned 874,130 shares in the company, valued at approximately $205,044,674.10. This trade represents a 3.32% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 604,135 shares of company stock worth $124,509,080. Company insiders own 5.83% of the company’s stock.

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.