DoorDash, Inc. (NASDAQ:DASH) Shares Purchased by Everhart Financial Group Inc.

Everhart Financial Group Inc. raised its stake in shares of DoorDash, Inc. (NASDAQ:DASH) by 5.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,567 shares of the company’s stock after buying an additional 231 shares during the quarter. Everhart Financial Group Inc.’s holdings in DoorDash were worth $766,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Rakuten Securities Inc. grew its holdings in DoorDash by 302.3% during the 3rd quarter. Rakuten Securities Inc. now owns 173 shares of the company’s stock valued at $25,000 after buying an additional 130 shares during the last quarter. Princeton Global Asset Management LLC acquired a new stake in DoorDash during the 4th quarter valued at $34,000. ORG Wealth Partners LLC acquired a new stake in DoorDash during the 4th quarter valued at $36,000. MassMutual Private Wealth & Trust FSB grew its holdings in DoorDash by 34.0% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 272 shares of the company’s stock valued at $46,000 after buying an additional 69 shares during the last quarter. Finally, Newbridge Financial Services Group Inc. acquired a new stake in DoorDash during the 4th quarter valued at $59,000. Institutional investors and hedge funds own 90.64% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. Roth Mkm increased their target price on DoorDash from $165.00 to $193.00 and gave the company a “neutral” rating in a report on Wednesday, February 12th. DA Davidson increased their price target on DoorDash from $119.00 to $150.00 and gave the stock a “neutral” rating in a research note on Thursday, October 31st. Loop Capital increased their price target on DoorDash from $170.00 to $200.00 and gave the stock a “buy” rating in a research note on Tuesday, November 12th. Citigroup increased their price target on DoorDash from $211.00 to $240.00 and gave the stock a “buy” rating in a research note on Wednesday, February 12th. Finally, JMP Securities reissued a “market outperform” rating and set a $200.00 price target on shares of DoorDash in a research note on Thursday, February 6th. Nine analysts have rated the stock with a hold rating and twenty-five have assigned a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $205.45.

Insider Activity

In other news, CFO Ravi Inukonda sold 1,425 shares of the firm’s stock in a transaction dated Friday, January 24th. The stock was sold at an average price of $183.20, for a total transaction of $261,060.00. Following the completion of the sale, the chief financial officer now directly owns 366,993 shares in the company, valued at $67,233,117.60. This trade represents a 0.39 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Stanley Tang sold 1,855 shares of the firm’s stock in a transaction dated Wednesday, November 20th. The shares were sold at an average price of $169.98, for a total value of $315,312.90. Following the sale, the director now owns 35,413 shares of the company’s stock, valued at $6,019,501.74. This represents a 4.98 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 882,426 shares of company stock worth $154,357,178 over the last ninety days. Corporate insiders own 7.92% of the company’s stock.

DoorDash Price Performance

Shares of DoorDash stock opened at $213.38 on Monday. The business has a 50-day moving average of $179.29 and a 200-day moving average of $158.14. The company has a market capitalization of $88.64 billion, a PE ratio of -474.18, a P/E/G ratio of 2.04 and a beta of 1.72. DoorDash, Inc. has a 1-year low of $99.32 and a 1-year high of $214.64.

About DoorDash

DoorDash, Inc, together with its subsidiaries, operates a commerce platform that connects merchants, consumers, and independent contractors in the United States and internationally. The company operates DoorDash Marketplace and Wolt Marketplace, which provide various services, such as customer acquisition, demand generation, order fulfillment, merchandising, payment processing, and customer support.