DoorDash, Inc. $DASH Stake Boosted by Frank Rimerman Advisors LLC

Frank Rimerman Advisors LLC lifted its stake in DoorDash, Inc. (NASDAQ:DASH) by 777.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 31,027 shares of the company’s stock after acquiring an additional 27,492 shares during the quarter. Frank Rimerman Advisors LLC’s holdings in DoorDash were worth $5,695,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. Alpine Bank Wealth Management raised its holdings in shares of DoorDash by 843.0% during the third quarter. Alpine Bank Wealth Management now owns 1,207 shares of the company’s stock worth $222,000 after acquiring an additional 1,079 shares in the last quarter. Vontobel Holding Ltd. boosted its position in DoorDash by 15,993.1% during the third quarter. Vontobel Holding Ltd. now owns 1,216,478 shares of the company’s stock valued at $223,285,000 after purchasing an additional 1,208,919 shares during the last quarter. TD Waterhouse Canada Inc. boosted its position in DoorDash by 2,778.3% during the third quarter. TD Waterhouse Canada Inc. now owns 71,239 shares of the company’s stock valued at $13,076,000 after purchasing an additional 68,764 shares during the last quarter. Pension & Wealth Management Advisors Inc. acquired a new stake in DoorDash during the third quarter valued at $114,000. Finally, Howard Capital Management LLC grew its stake in DoorDash by 90.3% in the third quarter. Howard Capital Management LLC now owns 19,128 shares of the company’s stock valued at $3,511,000 after purchasing an additional 9,074 shares in the last quarter. 90.64% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other DoorDash news, CFO Ravi Inukonda sold 19,505 shares of the business’s stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $220.62, for a total transaction of $4,303,193.10. Following the completion of the transaction, the chief financial officer owned 232,938 shares of the company’s stock, valued at $51,390,781.56. The trade was a 7.73% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Stanley Tang sold 72,367 shares of the company’s stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $225.16, for a total transaction of $16,294,153.72. Following the sale, the director owned 10,361 shares of the company’s stock, valued at $2,332,882.76. This trade represents a 87.48% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 393,998 shares of company stock worth $85,861,330 in the last ninety days. 44.90% of the stock is owned by insiders.

DoorDash Trading Down 2.0%

Shares of DASH stock opened at $189.15 on Friday. DoorDash, Inc. has a 12 month low of $143.30 and a 12 month high of $269.00. The company has a market cap of $81.96 billion, a PE ratio of 99.03 and a beta of 1.90. The company has a quick ratio of 1.37, a current ratio of 1.37 and a debt-to-equity ratio of 0.27. The business’s 50 day moving average is $204.83 and its two-hundred day moving average is $183.93.

DoorDash (NASDAQ:DASH) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $0.46 earnings per share for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.01). The firm had revenue of $4.45 billion during the quarter, compared to analyst estimates of $4.34 billion. DoorDash had a return on equity of 8.48% and a net margin of 5.29%. DoorDash’s quarterly revenue was up 35.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.65 earnings per share. Equities analysts predict that DoorDash, Inc. will post 2.51 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on DASH shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of DoorDash in a research note on Friday, August 7th. The Goldman Sachs Group reduced their price target on DoorDash from $280.00 to $275.00 in a report on Thursday, August 6th. Guggenheim reissued a “buy” rating and issued a $255.00 price target on shares of DoorDash in a research note on Wednesday. Wedbush boosted their price target on DoorDash from $205.00 to $220.00 and gave the company a “neutral” rating in a research note on Thursday, August 20th. Finally, Needham & Company LLC restated a “buy” rating and issued a $265.00 price objective on shares of DoorDash in a report on Thursday, August 6th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $254.95.

Key Stories Impacting DoorDash

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: DoorDash is broadening its marketplace in Australia through a partnership with Woolworths Group’s BIG W, adding more than 35,000 everyday products with delivery potentially within 60 minutes. The expansion could increase order frequency beyond restaurants. BIG W Lands on DoorDash App
• Positive Sentiment: The company is promoting its consumer reach through a new apparel-delivery relationship with SKIMS and by publishing its 2026 list of leading pizzerias. These initiatives support DoorDash’s strategy of becoming a broader local-commerce platform, although their near-term financial impact is unclear. DoorDash Delivers SKIMS
• Neutral Sentiment: DoorDash continues to receive broad analyst support, with the referenced coverage citing a “Moderate Buy” consensus and an average price target of $254.95. However, the stock’s valuation remains demanding, with a reported P/E ratio near 100.
• Negative Sentiment: CFO Ravi Inukonda sold 1,017 shares for approximately $198,315 under a pre-arranged Rule 10b5-1 plan. The transaction reduced his holdings by only 0.46%, limiting its significance, but it follows larger sales earlier in the year and may add modest pressure to sentiment. DoorDash CFO Stock Sale
• Negative Sentiment: Recent reports describe lawsuits alleging sexual assault by DoorDash delivery drivers, a driver robbery, and an alleged shooting involving a delivery driver. These incidents are not evidence of company-wide operating failures, but they raise reputational, safety, insurance and potential litigation concerns. Jupiter Woman Sues DoorDash
• Negative Sentiment: Customer complaints involving a chatbot allegedly offering and then denying a refund, along with viral reports of stolen or mishandled orders, could hurt perceptions of customer service and platform reliability. These stories are unlikely to materially change fundamentals alone but contribute to negative news flow. DoorDash Customer Refund Complaint

About DoorDash

DoorDash, Inc (NASDAQ:DASH) operates a local commerce platform that connects consumers with restaurants, grocery stores, convenience retailers and other merchants. Through its website and mobile applications, customers can browse products, place orders for delivery or pickup, and access related services.

The company provides merchants with ordering, delivery, logistics, marketing and payment tools. Its offerings include the DoorDash Marketplace, subscription programs such as DashPass, and delivery infrastructure that merchants can use through services including DoorDash Drive.