Farmers & Merchants Investments Inc. Acquires 132,611 Shares of DoorDash, Inc. $DASH

Farmers & Merchants Investments Inc. increased its stake in shares of DoorDash, Inc. (NASDAQ:DASH) by 58,938.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 132,836 shares of the company’s stock after purchasing an additional 132,611 shares during the quarter. Farmers & Merchants Investments Inc.’s holdings in DoorDash were worth $24,382,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Washington Trust Advisors Inc. boosted its holdings in DoorDash by 81.0% during the second quarter. Washington Trust Advisors Inc. now owns 143 shares of the company’s stock worth $26,000 after buying an additional 64 shares during the last quarter. Activest Wealth Management grew its stake in DoorDash by 892.9% in the 3rd quarter. Activest Wealth Management now owns 139 shares of the company’s stock valued at $26,000 after buying an additional 125 shares during the last quarter. City State Bank boosted its stake in shares of DoorDash by 56.0% in the third quarter. City State Bank now owns 156 shares of the company’s stock valued at $29,000 after buying an additional 56 shares during the period. Clark Wealth Partners increased its position in shares of DoorDash by 833.3% in the third quarter. Clark Wealth Partners now owns 196 shares of the company’s stock worth $36,000 after purchasing an additional 175 shares during the period. Finally, CENTRAL TRUST Co lifted its holdings in shares of DoorDash by 269.4% in the first quarter. CENTRAL TRUST Co now owns 266 shares of the company’s stock worth $40,000 after acquiring an additional 194 shares during the last quarter. Institutional investors own 90.64% of the company’s stock.

DoorDash Stock Performance

Shares of NASDAQ DASH opened at $179.38 on Friday. The firm has a market capitalization of $77.73 billion, a price-to-earnings ratio of 93.92 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, Inc. has a 12-month low of $143.30 and a 12-month high of $269.00. The firm has a 50 day moving average of $202.18 and a 200 day moving average of $185.14.

DoorDash (NASDAQ:DASH) last posted its earnings results 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 business had revenue of $4.45 billion during the quarter, compared to the consensus estimate of $4.34 billion. DoorDash had a return on equity of 8.48% and a net margin of 5.29%. The business’s quarterly revenue was up 35.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.65 earnings per share. On average, research analysts anticipate that DoorDash, Inc. will post 2.51 earnings per share for the current year.

DoorDash News Roundup

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Potential Instacart deal: DoorDash is reportedly among the companies discussing a possible acquisition of Instacart, which is valued at approximately $12 billion. A transaction could strengthen DoorDash’s position in grocery and local commerce, although the report does not indicate that a deal is imminent and any acquisition would carry financing, integration and regulatory risks. Instacart explores potential sale, holds talks with Uber and DoorDash
• Positive Sentiment: Analyst support: BTIG Research assigned DoorDash a Buy rating, providing a positive signal for investor sentiment and reinforcing the view that the company’s local-commerce expansion and growth prospects remain attractive. DoorDash earns Buy rating from BTIG Research
• Neutral Sentiment: Mixed consumer-stock comparison: An investor comparison described Airbnb as having a strong travel-market position while highlighting DoorDash’s rapid revenue growth and expansion beyond restaurant delivery. The article does not provide a new company-specific catalyst. Airbnb vs. DoorDash: Which Consumer Stock Is a Better Buy in 2026?
• Neutral Sentiment: Operational and reputational headlines: Reports described a DoorDash driver being killed in California, another driver and a family member being ambushed, and an unrelated criminal investigation in which cleaning supplies were allegedly ordered through DoorDash. These incidents could increase scrutiny of driver and platform safety, but they currently appear unlikely to materially affect financial results. Arrest made after California DoorDash driver found dead in Tesla trunk
• Negative Sentiment: Increasing competition: A new rival reportedly offers lower menu prices, while Grubhub’s co-founder has returned with a delivery service featuring a $1 fee. Lower pricing and aggressive fee competition could pressure DoorDash’s order volumes, merchant economics and margins. DoorDash and Uber Eats have a new rival offering lower menu prices
• Negative Sentiment: Delivery-worker dissatisfaction: Online debate over $1 and $2 tips highlights ongoing challenges around driver pay and service costs, issues that could affect driver retention, customer satisfaction and platform pricing. DoorDash driver calls low tips pathetic

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the company. Susquehanna raised their target price on DoorDash from $225.00 to $250.00 and gave the stock a “positive” rating in a research report on Friday, August 7th. Citigroup reaffirmed a “market outperform” rating on shares of DoorDash in a research note on Wednesday, September 30th. BTIG Research reiterated a “buy” rating and issued a $225.00 price objective on shares of DoorDash in a research note on Wednesday. Guggenheim reissued a “buy” rating and set a $255.00 price objective on shares of DoorDash in a report on Wednesday, October 14th. Finally, UBS Group reaffirmed a “buy” rating and set a $295.00 price objective on shares of DoorDash in a report on Tuesday, September 8th. Two analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating, eight have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $254.95.

Insider Activity

In other DoorDash news, COO Prabir Adarkar sold 55,289 shares of the stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $231.76, for a total transaction of $12,813,778.64. Following the completion of the transaction, the chief operating officer owned 930,211 shares of the company’s stock, valued at $215,585,701.36. This represents a 5.61% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Ravi Inukonda sold 19,505 shares of the company’s stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $220.62, for a total value of $4,303,193.10. Following the completion of the transaction, the chief financial officer owned 232,938 shares in the company, valued at $51,390,781.56. This represents a 7.73% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders sold 393,998 shares of company stock worth $85,861,330. 44.90% of the stock is currently owned by corporate insiders.

DoorDash Profile

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.