2,965 Shares in DoorDash, Inc. (NASDAQ:DASH) Purchased by Epoch Investment Partners Inc.

Epoch Investment Partners Inc. purchased a new stake in DoorDash, Inc. (NASDAQ:DASH - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 2,965 shares of the company's stock, valued at approximately $497,000.

Several other large investors have also modified their holdings of DASH. GeoWealth Management LLC lifted its stake in DoorDash by 3.7% in the 4th quarter. GeoWealth Management LLC now owns 1,428 shares of the company's stock valued at $240,000 after buying an additional 51 shares in the last quarter. IFP Advisors Inc raised its holdings in shares of DoorDash by 31.8% in the fourth quarter. IFP Advisors Inc now owns 224 shares of the company's stock worth $37,000 after acquiring an additional 54 shares during the last quarter. MassMutual Private Wealth & Trust FSB lifted its position in shares of DoorDash by 34.0% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 272 shares of the company's stock valued at $46,000 after acquiring an additional 69 shares in the last quarter. Avestar Capital LLC boosted its stake in shares of DoorDash by 1.1% during the fourth quarter. Avestar Capital LLC now owns 6,618 shares of the company's stock valued at $1,110,000 after acquiring an additional 75 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its position in DoorDash by 0.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 11,744 shares of the company's stock worth $1,970,000 after purchasing an additional 84 shares in the last quarter. 90.64% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have issued reports on DASH. Loop Capital raised their price target on shares of DoorDash from $200.00 to $235.00 and gave the stock a "buy" rating in a research note on Monday, February 24th. Citigroup restated a "buy" rating on shares of DoorDash in a research report on Saturday, March 8th. Oppenheimer reissued a "hold" rating on shares of DoorDash in a research note on Monday, March 10th. Susquehanna lifted their price target on DoorDash from $180.00 to $235.00 and gave the company a "positive" rating in a report on Thursday, February 13th. Finally, The Goldman Sachs Group upped their price objective on shares of DoorDash from $192.00 to $212.00 and gave the company a "neutral" rating in a research note on Wednesday, February 12th. Ten equities research analysts have rated the stock with a hold rating and twenty-three have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $208.88.

Insider Buying and Selling at DoorDash

In other news, Director Stanley Tang sold 45,410 shares of the company's stock in a transaction that occurred on Tuesday, April 1st. The shares were sold at an average price of $181.21, for a total transaction of $8,228,746.10. Following the completion of the sale, the director now owns 18,285 shares of the company's stock, valued at approximately $3,313,424.85. This represents a 71.29 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Keith Yandell sold 8,116 shares of the company's stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $203.45, for a total transaction of $1,651,200.20. Following the transaction, the insider now owns 105,162 shares of the company's stock, valued at approximately $21,395,208.90. This represents a 7.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 158,511 shares of company stock worth $30,308,544 over the last ninety days. 7.92% of the stock is currently owned by corporate insiders.

DoorDash Stock Performance

NASDAQ DASH traded up $4.88 during trading hours on Wednesday, reaching $181.49. 2,588,987 shares of the company's stock were exchanged, compared to its average volume of 4,247,349. The company has a market capitalization of $76.24 billion, a price-to-earnings ratio of 672.19 and a beta of 1.69. The company's 50-day moving average is $187.10 and its two-hundred day moving average is $177.12. DoorDash, Inc. has a one year low of $99.32 and a one year high of $215.25.

DoorDash Profile

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.