DoorDash, Inc. $DASH Stock Sold by Profund Advisors LLC

Profund Advisors LLC lessened its holdings in shares of DoorDash, Inc. (NASDAQ:DASH) by 7.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 41,139 shares of the company’s stock after selling 3,407 shares during the quarter. Profund Advisors LLC’s holdings in DoorDash were worth $7,551,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of DASH. ProShare Advisors LLC grew its holdings in shares of DoorDash by 6.0% during the 3rd quarter. ProShare Advisors LLC now owns 468,236 shares of the company’s stock valued at $85,945,000 after purchasing an additional 26,497 shares during the last quarter. Vise Technologies Inc. lifted its holdings in DoorDash by 43.6% during the 3rd quarter. Vise Technologies Inc. now owns 4,758 shares of the company’s stock worth $873,000 after buying an additional 1,445 shares during the period. MGO One Seven LLC lifted its stake in shares of DoorDash by 33.2% in the third quarter. MGO One Seven LLC now owns 2,223 shares of the company’s stock worth $408,000 after acquiring an additional 554 shares during the period. Raleigh Capital Management Inc. raised its holdings in DoorDash by 3.0% during the 3rd quarter. Raleigh Capital Management Inc. now owns 2,868 shares of the company’s stock worth $526,000 after purchasing an additional 84 shares during the last quarter. Finally, Lebenthal Global Advisors LLC lifted its position in shares of DoorDash by 51.4% in the 3rd quarter. Lebenthal Global Advisors LLC now owns 5,350 shares of the company’s stock worth $982,000 after purchasing an additional 1,817 shares during the period. 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 company’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 transaction, the chief financial officer owned 232,938 shares in the company, valued at approximately $51,390,781.56. This represents a 7.73% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Tony Xu sold 29,567 shares of DoorDash stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $230.00, for a total transaction of $6,800,410.00. Following the transaction, the chief executive officer owned 1,500 shares of the company’s stock, valued at $345,000. This represents a 95.17% 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. In the last quarter, insiders have sold 393,998 shares of company stock valued at $85,861,330. 44.90% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on DASH shares. Piper Sandler reiterated a “neutral” rating and set a $220.00 price objective (up from $205.00) on shares of DoorDash in a research report on Thursday, August 6th. Barclays cut their price target on shares of DoorDash from $230.00 to $205.00 and set an “equal weight” rating on the stock in a research report on Friday. JPMorgan Chase & Co. boosted their price objective on DoorDash from $250.00 to $262.00 in a research note on Wednesday, August 5th. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $250.00 target price on shares of DoorDash in a research note on Friday. Finally, Benchmark lifted their target price on DoorDash from $270.00 to $295.00 in a report on Thursday, August 6th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $249.88.

DoorDash Price Performance

Shares of NASDAQ DASH opened at $178.99 on Friday. The firm’s 50-day moving average price is $197.84 and its 200-day moving average price is $183.11. DoorDash, Inc. has a 1-year low of $143.30 and a 1-year high of $260.74. The firm has a market capitalization of $77.56 billion, a P/E ratio of 73.96 and a beta of 1.90. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 0.27.

DoorDash (NASDAQ:DASH) last issued its earnings results on Thursday, October 29th. The company reported $1.06 EPS for the quarter, beating the consensus estimate of $0.81 by $0.25. DoorDash had a return on equity of 10.58% and a net margin of 6.23%. The company had revenue of $4.62 billion during the quarter, compared to the consensus estimate of $4.56 billion. During the same period last year, the business posted $0.55 EPS. The firm’s revenue for the quarter was up 34.0% compared to the same quarter last year. Equities research analysts anticipate that DoorDash, Inc. will post 2.64 earnings per share for the current fiscal year.

DoorDash News Roundup

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Strong third-quarter results: DoorDash reported adjusted earnings of $1.06 per share, exceeding the $0.81 consensus estimate, while revenue rose 34% year over year to $4.62 billion, also topping expectations. Management said the quarter set records for marketplace gross order volume, revenue and net income. DoorDash third-quarter results
• Positive Sentiment: Analysts still see upside: Wedbush upgraded DASH to “outperform” with a $230 price target, while Cantor Fitzgerald reaffirmed its “overweight” rating with a $240 target. Truist also kept a “buy” rating and raised its target to $340. Wedbush DoorDash rating
• Neutral Sentiment: AI demand remains limited: DoorDash said third-party AI agents generated only several hundred orders out of roughly 993 million quarterly orders. The disclosure reduces immediate fears that AI agents could disrupt its customer relationship, but also indicates that AI-driven ordering has not yet become a meaningful growth catalyst. DoorDash AI agent orders
• Negative Sentiment: Instacart deal creates major uncertainty: DoorDash agreed to acquire Instacart for approximately $17 billion, but the transaction may not close until late 2027 or early 2028. Instacart’s shares remain well below the $65 offer price, signaling investor concern over antitrust approval. Regulators and local officials have warned that the merger could reduce competition, increase prices or weaken gig-worker bargaining power. DoorDash Instacart regulatory risks
• Negative Sentiment: Mixed analyst revisions: Scotiabank lowered its target to $235 while retaining “sector outperform,” and Wells Fargo cut its target to $200 with an “equal weight” rating. Barclays also reduced its target to $205 and maintained “equal weight,” reflecting greater caution around valuation and the acquisition.

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.