Encompass More Asset Management Invests $1.11 Million in DoorDash, Inc. $DASH

Encompass More Asset Management acquired a new position in shares of DoorDash, Inc. (NASDAQ:DASH) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 4,878 shares of the company’s stock, valued at approximately $1,105,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Resonant Capital Advisors LLC grew its stake in DoorDash by 3.5% in the 3rd quarter. Resonant Capital Advisors LLC now owns 1,229 shares of the company’s stock worth $334,000 after acquiring an additional 42 shares during the period. Premier Path Wealth Partners LLC grew its stake in DoorDash by 1.9% in the 3rd quarter. Premier Path Wealth Partners LLC now owns 2,414 shares of the company’s stock worth $657,000 after acquiring an additional 45 shares during the period. Callan Family Office LLC grew its stake in DoorDash by 0.8% in the 3rd quarter. Callan Family Office LLC now owns 6,123 shares of the company’s stock worth $1,665,000 after acquiring an additional 51 shares during the period. Keel Point LLC grew its stake in DoorDash by 4.3% in the 3rd quarter. Keel Point LLC now owns 1,393 shares of the company’s stock worth $379,000 after acquiring an additional 58 shares during the period. Finally, Petra Financial Advisors Inc. grew its stake in DoorDash by 2.2% in the 3rd quarter. Petra Financial Advisors Inc. now owns 2,764 shares of the company’s stock worth $752,000 after acquiring an additional 59 shares during the period. 90.64% of the stock is owned by hedge funds and other institutional investors.

DoorDash Stock Up 1.1%

Shares of DASH opened at $167.97 on Thursday. The firm has a market cap of $72.97 billion, a PE ratio of 79.23 and a beta of 1.87. The company’s fifty day moving average is $166.87 and its two-hundred day moving average is $197.65. DoorDash, Inc. has a fifty-two week low of $143.30 and a fifty-two week high of $285.50. 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 (NASDAQ:DASH) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $0.42 earnings per share for the quarter, beating analysts’ consensus estimates of $0.36 by $0.06. The company had revenue of $4.04 billion for the quarter, compared to analyst estimates of $4.15 billion. DoorDash had a net margin of 6.82% and a return on equity of 10.15%. DoorDash’s revenue for the quarter was up 33.1% on a year-over-year basis. During the same quarter last year, the business earned $0.44 EPS. Analysts forecast that DoorDash, Inc. will post 2.44 earnings per share for the current year.

Analysts Set New Price Targets

Several analysts have commented on DASH shares. BNP Paribas Exane started coverage on shares of DoorDash in a research note on Wednesday, January 14th. They issued an “outperform” rating and a $280.00 target price for the company. Bank of America lifted their target price on shares of DoorDash from $260.00 to $272.00 and gave the stock a “buy” rating in a research note on Thursday, February 19th. Oppenheimer lowered their target price on shares of DoorDash from $280.00 to $235.00 and set an “outperform” rating for the company in a research note on Thursday, February 19th. Piper Sandler reaffirmed a “neutral” rating and issued a $220.00 target price (down from $230.00) on shares of DoorDash in a research note on Thursday, February 19th. Finally, Mizuho lowered their target price on shares of DoorDash from $320.00 to $255.00 and set an “outperform” rating for the company in a research note on Tuesday, March 3rd. Two research analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $259.31.

Key Stories Impacting DoorDash

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Q1 earnings beat — DoorDash reported $0.42 EPS, topping consensus and beating estimates, showing profitability momentum despite tough comps. DoorDash, Inc. (DASH) Surpasses Q1 Earnings Estimates
• Positive Sentiment: Bullish Q2 marketplace outlook — DoorDash forecast Q2 gross order value above analysts’ estimates, driven by resilient demand and expansion in grocery, retail and international markets, supporting near-term revenue growth expectations. DoorDash forecasts quarterly order value above estimates
• Neutral Sentiment: User and membership traction — Company press release notes record membership signups and a new high for monthly active users, signaling engagement but not immediately translating into margin improvement. DoorDash Releases First Quarter 2026 Financial Results
• Neutral Sentiment: Product/market expansion — SNAP payments for Kroger orders expand grocery reach (incremental revenue potential but modest near-term impact). How to use SNAP benefits on DoorDash to buy groceries at Kroger
• Negative Sentiment: Rising driver-related costs — DoorDash expects to book roughly $100M in gas-related driver benefits in H1 2026 (plus a disclosed ~$50M driver relief cost), pressuring margins; CFO says some expenses will be offset by delaying other investments. DoorDash is budgeting $100 million for driver gas benefits so far this year — and counting
• Negative Sentiment: Revenue miss and margin pressure — Q1 revenue came in below estimates and profit margin slipped due to higher cost of revenue and increased S&M and R&D spend, a near-term headwind for margins. DoorDash Profit Ticks Down Despite Higher Revenue
• Negative Sentiment: Acquisition and valuation concerns — Analysts highlight slowing core growth and risks from the Deliveroo acquisition and competition/regulatory exposure, which could keep the stock’s valuation under pressure. DoorDash: Clear Opportunity Ahead Of Q1 Results

Insider Buying and Selling at DoorDash

In other DoorDash news, Director Stanley Tang sold 21,433 shares of DoorDash stock in a transaction on Thursday, April 2nd. The shares were sold at an average price of $150.00, for a total value of $3,214,950.00. Following the transaction, the director owned 19,279 shares in the company, valued at $2,891,850. This trade represents a 52.65% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Shona L. Brown sold 1,250 shares of DoorDash stock in a transaction on Monday, March 9th. The shares were sold at an average price of $176.61, for a total transaction of $220,762.50. Following the transaction, the director owned 31,002 shares in the company, valued at $5,475,263.22. The trade was a 3.88% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 43,933 shares of company stock worth $7,135,413 in the last quarter. 5.83% of the stock is owned by insiders.

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.