Janus Henderson Group PLC Increases Holdings in DoorDash, Inc. $DASH

Janus Henderson Group PLC grew its holdings in shares of DoorDash, Inc. (NASDAQ:DASH) by 8.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,536,599 shares of the company’s stock after buying an additional 427,031 shares during the period. DoorDash accounts for about 0.6% of Janus Henderson Group PLC’s holdings, making the stock its 28th largest holding. Janus Henderson Group PLC’s holdings in DoorDash were worth $1,247,961,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Eastern Bank lifted its holdings in DoorDash by 714.3% during the 4th quarter. Eastern Bank now owns 114 shares of the company’s stock worth $26,000 after buying an additional 100 shares during the last quarter. Swiss RE Ltd. purchased a new stake in DoorDash during the 4th quarter worth about $28,000. ST Germain D J Co. Inc. purchased a new stake in DoorDash during the 4th quarter worth about $29,000. Kemnay Advisory Services Inc. purchased a new stake in DoorDash during the 4th quarter worth about $32,000. Finally, Sunbelt Securities Inc. lifted its holdings in DoorDash by 124.1% during the 3rd quarter. Sunbelt Securities Inc. now owns 121 shares of the company’s stock worth $33,000 after buying an additional 67 shares during the last quarter. 90.64% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other DoorDash news, COO Prabir Adarkar sold 21,739 shares of the stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $155.25, for a total transaction of $3,374,979.75. Following the completion of the sale, the chief operating officer directly owned 959,076 shares of the company’s stock, valued at approximately $148,896,549. This trade represents a 2.22% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Tia Sherringham sold 2,743 shares of the stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $160.79, for a total value of $441,046.97. Following the sale, the general counsel directly owned 128,216 shares of the company’s stock, valued at $20,615,850.64. The trade was a 2.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 68,558 shares of company stock valued at $10,914,640 over the last 90 days. Insiders own 5.83% of the company’s stock.

DoorDash News Summary

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

DoorDash Stock Down 2.6%

DoorDash stock opened at $165.66 on Thursday. DoorDash, Inc. has a fifty-two week low of $143.30 and a fifty-two week high of $285.50. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.43 and a current ratio of 1.43. The company has a market capitalization of $72.18 billion, a P/E ratio of 78.89 and a beta of 1.83. The stock has a 50-day simple moving average of $163.46 and a 200-day simple moving average of $183.56.

DoorDash (NASDAQ:DASH) last posted its earnings results on Wednesday, May 6th. The company reported $0.42 earnings per share for the quarter, beating 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 business had revenue of $4.04 billion during the quarter, compared to the consensus estimate of $4.15 billion. During the same period in the previous year, the business earned $0.44 EPS. The business’s quarterly revenue was up 33.1% on a year-over-year basis. Equities research analysts expect that DoorDash, Inc. will post 2.45 earnings per share for the current year.

Wall Street Analyst Weigh In

DASH has been the subject of a number of recent analyst reports. TD Cowen initiated coverage on DoorDash in a report on Monday, April 27th. They set a “buy” rating and a $225.00 price target for the company. UBS Group boosted their target price on DoorDash from $206.00 to $214.00 and gave the company a “neutral” rating in a report on Thursday, May 7th. Stifel Nicolaus reduced their target price on DoorDash from $215.00 to $185.00 and set a “hold” rating for the company in a report on Monday, April 13th. Moffett Nathanson set a $276.00 target price on DoorDash in a report on Wednesday, April 15th. Finally, DA Davidson reduced their target price on DoorDash from $224.00 to $200.00 and set a “neutral” rating for the company in a report on Thursday, May 7th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat, DoorDash currently has a consensus rating of “Moderate Buy” and a consensus target price 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.