Prabir Adarkar Sells 10,000 Shares of DoorDash (NASDAQ:DASH) Stock

DoorDash, Inc. (NASDAQ:DASH) COO Prabir Adarkar sold 10,000 shares of the stock in a transaction that occurred on Monday, March 23rd. The stock was sold at an average price of $158.97, for a total value of $1,589,700.00. Following the transaction, the chief operating officer owned 843,678 shares in the company, valued at $134,119,491.66. The trade was a 1.17% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Prabir Adarkar also recently made the following trade(s):

• On Tuesday, January 20th, Prabir Adarkar sold 15,000 shares of DoorDash stock. The shares were sold at an average price of $204.59, for a total value of $3,068,850.00.

DoorDash Price Performance

DoorDash stock opened at $151.96 on Friday. The company’s 50 day moving average price is $179.82 and its two-hundred day moving average price is $217.46. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.27. DoorDash, Inc. has a 52 week low of $149.22 and a 52 week high of $285.50. The stock has a market cap of $66.02 billion, a P/E ratio of 71.68 and a beta of 1.82.

DoorDash (NASDAQ:DASH) last announced 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). DoorDash had a net margin of 6.82% and a return on equity of 10.15%. The business had revenue of $3.96 billion during the quarter, compared to the consensus estimate of $3.98 billion. During the same quarter last year, the company earned $0.33 EPS. The firm’s revenue for the quarter was up 37.7% compared to the same quarter last year. On average, equities analysts predict that DoorDash, Inc. will post 2.22 earnings per share for the current year.

Key DoorDash News

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: DoorDash rolled out emergency gas‑relief payments for U.S. and Canadian drivers — a targeted cost‑support measure that can help preserve Dasher supply and maintain delivery capacity during fuel spikes, supporting order fulfilment and revenue. Read More.
• Positive Sentiment: Analysts and industry notes highlight DoorDash’s push into e‑commerce/fulfillment that is lifting GOV and order growth — this diversification beyond restaurant delivery is a growth driver that could justify higher revenue multiple if execution continues. Read More.
• Positive Sentiment: Local data show more Dashers delivering by bike in dense cities (example: Philadelphia), which reduces fuel sensitivity and can lower per‑delivery costs in urban cores — marginally helpful to unit economics. Read More.
• Neutral Sentiment: Human‑interest coverage (e.g., large GoFundMe for an elderly Dasher) improves PR and brand goodwill but has limited direct financial impact. Read More.
• Neutral Sentiment: Third‑party guides and comparisons (ShiftTracker’s DoorDash vs. Uber Eats guide) increase transparency for drivers/consumers but are unlikely to change fundamentals materially. Read More.
• Negative Sentiment: COO Prabir Adarkar sold 10,000 shares (~$1.59M) this week; while insiders still hold large stakes, the disclosed sale and related reporting has contributed to negative sentiment and selling pressure. Read More.
• Negative Sentiment: Coverage notes DoorDash hit a new 1‑year low following the insider sale — a technical/psychological trigger that can accelerate short‑term declines and draw attention from momentum/short sellers. Read More.
• Negative Sentiment: Two recent high‑profile shooting cases involving DoorDash drivers (Chester and Hudson Valley trials) raise reputational and safety concerns; recurring negative headlines can pressure demand or require additional driver protections/costs. Read More. Read More.

Institutional Investors Weigh In On DoorDash

Hedge funds have recently bought and sold shares of the stock. Physician Wealth Advisors Inc. raised its position in shares of DoorDash by 284.0% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 96 shares of the company’s stock valued at $26,000 after buying an additional 71 shares in the last quarter. Eastern Bank grew its position in DoorDash by 714.3% in the fourth quarter. Eastern Bank now owns 114 shares of the company’s stock worth $26,000 after acquiring an additional 100 shares in the last quarter. MV Capital Management Inc. bought a new position in DoorDash in the fourth quarter valued at $26,000. Swiss RE Ltd. bought a new position in DoorDash in the fourth quarter valued at $28,000. Finally, ST Germain D J Co. Inc. purchased a new stake in DoorDash during the fourth quarter valued at about $29,000. 90.64% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

DASH has been the subject of a number of recent research reports. The Goldman Sachs Group set a $267.00 target price on DoorDash in a research report on Monday, February 2nd. Citizens Jmp dropped their price target on DoorDash from $285.00 to $250.00 and set a “market outperform” rating on the stock in a research report on Friday, February 20th. Needham & Company LLC decreased their price objective on DoorDash from $275.00 to $265.00 and set a “buy” rating for the company in a report on Thursday, February 19th. Wedbush boosted their price objective on DoorDash from $260.00 to $270.00 and gave the company an “outperform” rating in a research note on Friday, December 19th. Finally, UBS Group dropped their price objective on shares of DoorDash from $245.00 to $240.00 and set a “neutral” rating on the stock in a report on Thursday, February 19th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, the company has an average 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.