DoorDash, Inc. $DASH Stock Acquired by Knights of Columbus Asset Advisors LLC

Knights of Columbus Asset Advisors LLC boosted its holdings in DoorDash, Inc. (NASDAQ:DASH) by 108.4% during the third quarter, HoldingsChannel.com reports. The fund owned 31,771 shares of the company’s stock after purchasing an additional 16,523 shares during the period. Knights of Columbus Asset Advisors LLC’s holdings in DoorDash were worth $5,832,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Janus Henderson Group PLC lifted its stake in DoorDash by 40.2% during the first quarter. Janus Henderson Group PLC now owns 7,762,553 shares of the company’s stock worth $1,159,377,000 after purchasing an additional 2,225,954 shares during the period. Robeco Institutional Asset Management B.V. grew its stake in shares of DoorDash by 2,304.0% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 3,452,110 shares of the company’s stock valued at $633,635,000 after purchasing an additional 3,308,512 shares during the period. Assenagon Asset Management S.A. grew its stake in shares of DoorDash by 372.0% in the 3rd quarter. Assenagon Asset Management S.A. now owns 3,137,719 shares of the company’s stock valued at $575,928,000 after purchasing an additional 2,472,980 shares during the period. Temasek Holdings Private Ltd raised its holdings in shares of DoorDash by 49.4% in the 1st quarter. Temasek Holdings Private Ltd now owns 3,461,501 shares of the company’s stock worth $519,744,000 after buying an additional 1,145,078 shares in the last quarter. Finally, Bank of America Corp DE raised its holdings in shares of DoorDash by 18.4% in the 1st quarter. Bank of America Corp DE now owns 3,449,266 shares of the company’s stock worth $517,907,000 after buying an additional 536,080 shares in the last quarter. Institutional investors and hedge funds own 90.64% of the company’s stock.

DoorDash Trading Down 1.5%

Shares of DASH opened at $178.25 on Wednesday. The stock’s fifty day simple moving average is $191.19 and its 200-day simple moving average is $182.24. The firm has a market capitalization of $77.71 billion, a PE ratio of 73.66, a price-to-earnings-growth ratio of 1.50 and a beta of 1.98. DoorDash, Inc. has a 12-month low of $143.30 and a 12-month high of $239.00. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.25.

DoorDash (NASDAQ:DASH) last issued its quarterly earnings results on Thursday, October 29th. The company reported $1.06 EPS for the quarter, topping the consensus estimate of $0.81 by $0.25. DoorDash had a net margin of 6.23% and a return on equity of 10.40%. The company had revenue of $4.62 billion during the quarter, compared to analysts’ expectations of $4.56 billion. During the same quarter in the previous year, the company earned $0.55 EPS. DoorDash’s revenue was up 34.0% on a year-over-year basis. As a group, research analysts predict that DoorDash, Inc. will post 2.69 earnings per share for the current year.

Key Stories Impacting DoorDash

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Reports say AI agents have generated only a small number of orders on DoorDash and other delivery and ride-hailing apps, suggesting that agent-driven ordering is not yet a meaningful threat to DoorDash’s customer channel. Article: Almost nobody uses AI agents to order food or rides on apps like Uber
• Neutral Sentiment: Coverage puts the proposed $17 billion Instacart deal in focus. DoorDash is described as growing quickly, while Instacart has argued the transaction should be approved given competition from Walmart and Amazon. The deal could offer strategic scale, but its approval and eventual execution remain important uncertainties for investors. Article: DoorDash (DASH) Is Growing Fast, but Its $17 Billion Instacart Deal Takes Center Stage Article: Instacart points to Walmart and Amazon as reasons its merger with DoorDash should be approved
• Neutral Sentiment: Multiple outlets report that a Pennsylvania DoorDash driver is missing. The reports describe an ongoing search, not a company operational or financial development; any direct impact on DASH is unclear. Article: DoorDash driver mysteriously disappeared after making his last delivery, reports say
• Negative Sentiment: Uber has asked an appeals court to keep a case involving DoorDash out of arbitration. The dispute adds legal uncertainty, though the article does not report a ruling or quantify potential financial exposure. Article: Uber Asks Appeals Court to Keep DoorDash Case Out of Arbitration

Insider Buying and Selling

In other DoorDash news, CFO Ravi Inukonda sold 1,017 shares of the business’s stock in a transaction dated Monday, October 12th. The stock was sold at an average price of $195.00, for a total value of $198,315.00. Following the completion of the transaction, the chief financial officer directly owned 217,911 shares of the company’s stock, valued at approximately $42,492,645. The trade was a 0.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Andy Fang sold 5,000 shares of the business’s stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $183.69, for a total value of $918,450.00. 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 sold 349,430 shares of company stock valued at $76,644,002. 44.90% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on DASH. Argus lifted their price objective on DoorDash from $190.00 to $270.00 in a report on Thursday, August 27th. UBS Group reduced their target price on shares of DoorDash from $225.00 to $213.00 and set a “neutral” rating on the stock in a research note on Friday, October 30th. Guggenheim reaffirmed a “buy” rating and issued a $255.00 target price on shares of DoorDash in a report on Wednesday, October 14th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of DoorDash from $255.00 to $260.00 and gave the company a “buy” rating in a report on Thursday, August 6th. Finally, Piper Sandler restated a “neutral” rating and issued a $220.00 price target (up from $205.00) on shares of DoorDash in a research report on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $249.82.

DoorDash Profile

DoorDash, Inc. operates a local commerce platform that connects consumers with restaurants and other merchants, as well as with independent delivery workers. Through its app and website, customers can order restaurant meals, groceries, convenience items and products from other local retailers for delivery or pickup. The company also provides services for merchants, including tools for online ordering, marketing and fulfillment. Its offerings include DoorDash Drive, which provides delivery logistics for merchants’ own orders, and DashPass, a subscription program for eligible orders.