Castle Hook Partners LP Acquires Shares of 232,908 DoorDash, Inc. $DASH

Castle Hook Partners LP acquired a new stake in DoorDash, Inc. (NASDAQ:DASH) in the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 232,908 shares of the company’s stock, valued at approximately $52,749,000.

Several other large investors also recently bought and sold shares of the company. American Century Companies Inc. boosted its stake in shares of DoorDash by 5.0% during the 3rd quarter. American Century Companies Inc. now owns 485,088 shares of the company’s stock valued at $131,941,000 after buying an additional 22,944 shares during the last quarter. Intech Investment Management LLC boosted its stake in shares of DoorDash by 707.8% during the 4th quarter. Intech Investment Management LLC now owns 253,348 shares of the company’s stock valued at $57,378,000 after buying an additional 221,985 shares during the last quarter. Vaughan Nelson Investment Management L.P. purchased a new position in shares of DoorDash during the 4th quarter valued at approximately $41,712,000. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in shares of DoorDash by 7.1% during the 3rd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 806,191 shares of the company’s stock valued at $219,276,000 after buying an additional 53,722 shares during the last quarter. Finally, Jefferies Financial Group Inc. boosted its stake in shares of DoorDash by 136.6% during the 3rd quarter. Jefferies Financial Group Inc. now owns 42,355 shares of the company’s stock valued at $11,520,000 after buying an additional 24,454 shares during the last quarter. Institutional investors and hedge funds own 90.64% of the company’s stock.

Insider Buying and Selling

In other DoorDash news, COO Prabir Adarkar sold 21,739 shares of the stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $155.25, for a total value of $3,374,979.75. Following the sale, the chief operating officer directly owned 959,076 shares of the company’s stock, valued at $148,896,549. This trade represents a 2.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Keith Yandell sold 2,643 shares of the stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $155.34, for a total value of $410,563.62. Following the completion of the sale, the insider directly owned 81,106 shares in the company, valued at $12,599,006.04. This represents a 3.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 68,558 shares of company stock valued at $10,914,640 over the last three months. Corporate insiders own 5.83% of the company’s stock.

DoorDash Price Performance

Shares of NASDAQ DASH opened at $165.66 on Thursday. DoorDash, Inc. has a 1-year low of $143.30 and a 1-year high of $285.50. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.43 and a quick ratio of 1.43. The business’s fifty day moving average price is $163.46 and its two-hundred day moving average price is $183.56. The firm has a market capitalization of $72.18 billion, a PE ratio of 78.89 and a beta of 1.83.

DoorDash (NASDAQ:DASH) last issued its earnings results on Wednesday, May 6th. The company reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.36 by $0.06. DoorDash had a return on equity of 9.58% and a net margin of 6.29%.The firm had revenue of $4.04 billion for the quarter, compared to analyst estimates of $4.15 billion. During the same period last year, the company earned $0.44 earnings per share. The firm’s revenue for the quarter was up 33.1% on a year-over-year basis. On average, research analysts expect that DoorDash, Inc. will post 2.45 EPS for the current year.

Trending Headlines about DoorDash

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Unusual options activity showed strong bullish interest, with traders buying 35,788 DoorDash call options, well above the typical volume. Q1 Earnings Highs And Lows: DoorDash (NASDAQ:DASH) Vs The Rest Of The Gig Economy Stocks
• Positive Sentiment: DoorDash said the issue affecting thousands of customers has been resolved, which may help limit longer-term damage from the outage. DoorDash says ‘issue’ affecting thousands of customers has been resolved
• Positive Sentiment: DoorDash-related advertising continues to generate attention, including a Brooklyn Beckham campaign tied to the World Cup, which could support brand visibility. Brooklyn Beckham references family feud in DoorDash World Cup ad
• Neutral Sentiment: Several articles focused on operational questions such as whether DoorDash was down, whether driver work remains profitable, and restaurant-discovery features; these are more informational than market-moving. Is being a DoorDash driver still profitable in the US in 2026?
• Negative Sentiment: DoorDash suffered a major outage, with thousands of users reporting problems and some reports citing roughly 36,000 affected customers in major cities, which could hurt near-term sentiment. DoorDash faces outages: 36,000 users report issues in major cities
• Negative Sentiment: Repeated headlines about the app being down and order issues may reinforce investor concerns about platform reliability and customer churn. Is DoorDash down? Thousands of users report issues with the platform

Analyst Ratings Changes

Several equities analysts have recently commented on DASH shares. Piper Sandler reduced their target price on DoorDash from $220.00 to $205.00 and set a “neutral” rating for the company in a research note on Thursday, May 7th. UBS Group increased their target price on DoorDash from $206.00 to $214.00 and gave the company a “neutral” rating in a research note on Thursday, May 7th. Bank of America increased their target price on DoorDash from $260.00 to $272.00 and gave the company a “buy” rating in a research note on Thursday, February 19th. Cantor Fitzgerald reduced their target price on DoorDash from $285.00 to $230.00 and set an “overweight” rating for the company in a research note on Thursday, February 19th. Finally, Guggenheim reduced their target price on DoorDash from $275.00 to $255.00 and set a “buy” rating for the company in a research note on Thursday, February 19th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $256.11.

About DoorDash

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.