United Asset Strategies Inc. Sells 2,644 Shares of DoorDash, Inc. $DASH

by · The Cerbat Gem

United Asset Strategies Inc. reduced its position in DoorDash, Inc. (NASDAQ:DASH – Free Report) by 40.0% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 3,959 shares of the company’s stock after selling 2,644 shares during the period. United Asset Strategies Inc.’s holdings in DoorDash were worth $1,077,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the company. Vanguard Group Inc. boosted its position in shares of DoorDash by 4.6% in the 2nd quarter. Vanguard Group Inc. now owns 41,190,085 shares of the company’s stock worth $10,153,768,000 after purchasing an additional 1,792,799 shares during the last quarter. State Street Corp increased its holdings in shares of DoorDash by 3.1% in the second quarter. State Street Corp now owns 14,387,499 shares of the company’s stock worth $3,546,662,000 after acquiring an additional 427,722 shares in the last quarter. Geode Capital Management LLC raised its position in shares of DoorDash by 2.9% during the second quarter. Geode Capital Management LLC now owns 7,951,230 shares of the company’s stock worth $1,950,711,000 after purchasing an additional 223,188 shares during the period. Invesco Ltd. lifted its holdings in shares of DoorDash by 12.0% during the 2nd quarter. Invesco Ltd. now owns 5,375,480 shares of the company’s stock valued at $1,325,110,000 after purchasing an additional 575,629 shares in the last quarter. Finally, Norges Bank bought a new position in DoorDash in the second quarter valued at approximately $1,185,576,000. Institutional investors own 90.64% of the company’s stock.

Key Headlines Impacting DoorDash

Here are the key news stories impacting DoorDash this week:

  • Positive Sentiment: DoorDash publicly banned a driver who used AI images to fake deliveries, highlighting active fraud controls that protect marketplace integrity and could reassure merchants and users. Article Title
  • Positive Sentiment: Management pushed back on a viral hoax about a driver “desperation score,” reducing short‑term PR and regulatory uncertainty that can otherwise pressure user/merchant sentiment. Article Title
  • Neutral Sentiment: DoorDash set its Q4 & full‑year 2025 earnings release for Feb. 18, 2026 and will host a conference call — a near‑term catalyst that could move the stock depending on results and guidance. Article Title
  • Neutral Sentiment: Institutional ownership remains very high (over 90%), with large holders like Vanguard and State Street continuing to own sizable positions — this supports liquidity but can amplify moves when institutions rebalance. MarketBeat Holdings
  • Negative Sentiment: Zacks Research downgraded DASH to a “Strong Sell” and issued a series of near‑term EPS cuts (Q1/Q3 2026, Q1/Q2 2027) while slightly bumping long‑term FY2027 estimates — the maintained negative rating and lower near‑term forecasts are a clear headwind for sentiment. Zacks Research
  • Negative Sentiment: Significant insider selling: CEO Tony Xu and multiple directors disclosed multi‑million dollar stock sales in early January — large, concentrated insider exits often weigh on near‑term investor confidence. Director Sells Director Sells
  • Negative Sentiment: Serious safety/PR risk: reports that a DoorDash driver allegedly assaulted a 75‑year‑old veteran leaving him in a coma create reputational and potential liability concerns that could pressure adoption or invite scrutiny of screening and insurance practices. Article Title

Insider Activity at DoorDash

In related news, Director Stanley Tang sold 45,410 shares of the business’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $205.07, for a total transaction of $9,312,228.70. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, COO Prabir Adarkar sold 30,000 shares of the firm’s stock in a transaction on Monday, December 22nd. The shares were sold at an average price of $234.57, for a total value of $7,037,100.00. Following the sale, the chief operating officer directly owned 874,130 shares of the company’s stock, valued at approximately $205,044,674.10. This represents a 3.32% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 642,011 shares of company stock worth $136,832,543. 5.83% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on DASH shares. JPMorgan Chase & Co. dropped their target price on DoorDash from $325.00 to $300.00 and set an “overweight” rating on the stock in a research report on Thursday, November 6th. Cantor Fitzgerald raised their price objective on DoorDash from $270.00 to $285.00 and gave the company an “overweight” rating in a research report on Thursday. Wedbush lifted their target price on DoorDash from $260.00 to $270.00 and gave the stock an “outperform” rating in a research note on Friday, December 19th. Wells Fargo & Company increased their price target on DoorDash from $239.00 to $251.00 and gave the company an “equal weight” rating in a research note on Thursday. Finally, Benchmark lifted their price objective on shares of DoorDash from $315.00 to $320.00 and gave the stock a “buy” rating in a research report on Tuesday, November 4th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $277.94.

Check Out Our Latest Report on DoorDash

DoorDash Price Performance

Shares of NASDAQ:DASH opened at $224.10 on Friday. DoorDash, Inc. has a one year low of $155.40 and a one year high of $285.50. The company has a market cap of $96.59 billion, a price-to-earnings ratio of 113.76 and a beta of 1.70. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.04 and a quick ratio of 2.04. The firm has a 50 day simple moving average of $218.48 and a 200 day simple moving average of $241.40.

DoorDash (NASDAQ:DASH – Get Free Report) last posted its quarterly earnings data on Wednesday, November 5th. The company reported $0.55 earnings per share for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.13). The company had revenue of $3.45 billion during the quarter, compared to analyst estimates of $3.35 billion. DoorDash had a net margin of 6.83% and a return on equity of 9.97%. The business’s revenue for the quarter was up 27.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.38 earnings per share. Research analysts predict that DoorDash, Inc. will post 2.22 earnings per share for the current fiscal year.

DoorDash Profile

(Free Report)

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.

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