Piedmont Capital Management LLC NC Invests $787,000 in DoorDash, Inc. $DASH

Piedmont Capital Management LLC NC purchased a new position in shares of DoorDash, Inc. (NASDAQ:DASH) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 3,476 shares of the company’s stock, valued at approximately $787,000. DoorDash comprises approximately 0.5% of Piedmont Capital Management LLC NC’s investment portfolio, making the stock its 29th largest holding.

Several other large investors have also modified their holdings of the stock. Vanguard Group Inc. lifted its position in shares of DoorDash by 1.7% during the fourth quarter. Vanguard Group Inc. now owns 43,426,479 shares of the company’s stock worth $9,835,229,000 after purchasing an additional 713,571 shares during the last quarter. SC US Ttgp LTD. lifted its position in shares of DoorDash by 1.6% during the fourth quarter. SC US Ttgp LTD. now owns 31,686,624 shares of the company’s stock worth $7,176,387,000 after purchasing an additional 506,358 shares during the last quarter. Morgan Stanley lifted its position in shares of DoorDash by 2.3% during the fourth quarter. Morgan Stanley now owns 17,536,824 shares of the company’s stock worth $3,971,741,000 after purchasing an additional 391,596 shares during the last quarter. State Street Corp lifted its position in shares of DoorDash by 3.0% during the fourth quarter. State Street Corp now owns 15,761,072 shares of the company’s stock worth $3,569,568,000 after purchasing an additional 464,448 shares during the last quarter. Finally, Capital World Investors lifted its position in shares of DoorDash by 0.9% during the third quarter. Capital World Investors now owns 10,865,927 shares of the company’s stock worth $2,955,424,000 after purchasing an additional 95,278 shares during the last quarter. Institutional investors own 90.64% of the company’s stock.

Key Stories Impacting DoorDash

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: DoorDash launched “Ask DoorDash,” a new conversational AI assistant that lets users search for meals and groceries, order with natural-language prompts or photos, and even book restaurant reservations. Investors may see this as a potential engagement and conversion driver. Article Title
• Positive Sentiment: The AI rollout was widely covered across multiple outlets, reinforcing the idea that DoorDash is expanding its platform beyond simple delivery into more personalized shopping and reservation tools, which could help support long-term growth. Article Title
• Positive Sentiment: DoorDash and NJ TRANSIT announced a FIFA World Cup 2026 sponsorship, adding brand visibility ahead of a major global event and potentially supporting consumer awareness. Article Title
• Neutral Sentiment: BTIG Research lowered its price target on DoorDash from $280 to $225, but kept a buy rating and still sees meaningful upside from current levels. This may temper enthusiasm, but it does not signal a bearish shift. Article Title
• Neutral Sentiment: Promotional coverage around World Cup discounts and broader stock-performance articles may have limited direct impact on the shares, but they add to overall visibility around the brand. Article Title

Insider Buying and Selling at DoorDash

In other DoorDash news, insider Keith Yandell sold 2,643 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $155.34, for a total value of $410,563.62. Following the transaction, the insider owned 81,106 shares of the company’s stock, valued at $12,599,006.04. This trade represents a 3.16% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Stanley Tang sold 21,433 shares of the firm’s stock in a transaction that occurred on Thursday, April 2nd. The shares were sold at an average price of $150.00, for a total transaction of $3,214,950.00. Following the completion of the sale, the director owned 19,279 shares in the company, valued at $2,891,850. The trade was a 52.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 68,558 shares of company stock worth $10,914,640. Insiders own 5.83% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on DASH shares. Bank of America increased their price target on shares of DoorDash from $260.00 to $272.00 and gave the stock a “buy” rating in a research report on Thursday, February 19th. Citigroup reduced their price target on shares of DoorDash from $280.00 to $250.00 and set a “buy” rating on the stock in a research report on Friday, May 8th. Stifel Nicolaus reduced their price target on shares of DoorDash from $215.00 to $185.00 and set a “hold” rating on the stock in a research report on Monday, April 13th. Rothschild & Co Redburn set a $350.00 price target on shares of DoorDash in a research report on Tuesday, May 12th. Finally, Citizens Jmp cut their target price on shares of DoorDash from $285.00 to $250.00 and set a “market outperform” rating on the stock in a report on Friday, February 20th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $256.11.

DoorDash Stock Performance

Shares of NASDAQ DASH opened at $150.58 on Monday. The company has a quick ratio of 1.43, a current ratio of 1.43 and a debt-to-equity ratio of 0.27. The firm’s 50-day moving average price is $162.74 and its two-hundred day moving average price is $184.15. DoorDash, Inc. has a 52-week low of $143.30 and a 52-week high of $285.50. The stock has a market capitalization of $65.61 billion, a P/E ratio of 71.71 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 (EPS) for the quarter, topping analysts’ consensus estimates of $0.36 by $0.06. DoorDash had a net margin of 6.29% and a return on equity of 9.58%. The firm had revenue of $4.04 billion for the quarter, compared to analysts’ expectations of $4.15 billion. During the same quarter last year, the company posted $0.44 earnings per share. DoorDash’s revenue was up 33.1% on a year-over-year basis. As a group, sell-side analysts forecast that DoorDash, Inc. will post 2.45 earnings per share for the current year.

DoorDash Profile

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.