Swedbank AB lifted its stake in shares of DoorDash, Inc. (NASDAQ:DASH – Free Report) by 1.0% through the third quarter, HoldingsChannel.com stories. The agency owned 165,516 shares of the corporate’s inventory after buying a further 1,588 shares through the quarter. Swedbank AB’s holdings in DoorDash had been price $23,624,000 as of its most up-to-date submitting with the SEC.
Different hedge funds and different institutional buyers additionally not too long ago made adjustments to their positions within the firm. Jupiter Asset Administration Ltd. bought a brand new place in DoorDash through the first quarter price about $2,969,000. Paragon Capital Administration Inc. purchased a brand new place in DoorDash through the 2nd quarter valued at roughly $1,309,000. CWM LLC raised its place in DoorDash by 97.1% through the third quarter. CWM LLC now owns 10,705 shares of the corporate’s inventory valued at $1,528,000 after buying a further 5,273 shares over the last quarter. Hennion & Walsh Asset Administration Inc. raised its place in DoorDash by 9.0% through the 2nd quarter. Hennion & Walsh Asset Administration Inc. now owns 25,807 shares of the corporate’s inventory valued at $2,807,000 after buying a further 2,125 shares over the last quarter. Lastly, Sumitomo Mitsui Belief Holdings Inc. raised its place in shares of DoorDash by 7.4% within the 1st quarter. Sumitomo Mitsui Belief Holdings Inc. now owns 689,785 shares of the corporate’s inventory price $94,997,000 after buying a further 47,725 shares within the final quarter. 90.64% of the inventory is at present owned by institutional buyers.
DoorDash Buying and selling Up 0.7 %
Shares of DASH inventory opened at $149.86 on Thursday. DoorDash, Inc. has a 12-month low of $69.90 and a 12-month excessive of $150.29. The inventory’s 50-day shifting common worth is $134.16 and its 200-day shifting common worth is $122.77. The inventory has a market capitalization of $61.28 billion, a price-to-earnings ratio of -138.76, a price-to-earnings-growth ratio of 425.82 and a beta of 1.70.
DoorDash (NASDAQ:DASH – Get Free Report) final launched its quarterly earnings outcomes on Thursday, August 1st. The corporate reported ($0.38) EPS for the quarter, lacking the consensus estimate of ($0.09) by ($0.29). The corporate had income of $2.63 billion through the quarter, in comparison with analysts’ expectations of $2.54 billion. DoorDash had a damaging return on fairness of 5.91% and a damaging internet margin of 4.24%. The corporate’s income was up 23.3% on a year-over-year foundation. Throughout the identical quarter within the prior yr, the enterprise posted ($0.44) EPS. As a bunch, analysis analysts predict that DoorDash, Inc. will publish 0.01 EPS for the present fiscal yr.
Analysts Set New Worth Targets
A number of analysis analysts have not too long ago issued stories on DASH shares. Needham & Firm LLC elevated their goal worth on DoorDash from $137.00 to $145.00 and gave the inventory a “purchase” score in a analysis report on Friday, August 2nd. Truist Monetary elevated their goal worth on DoorDash from $145.00 to $150.00 and gave the corporate a “purchase” score in a analysis be aware on Friday, August 2nd. JPMorgan Chase & Co. elevated their goal worth on DoorDash from $111.00 to $137.00 and gave the corporate a “impartial” score in a analysis be aware on Friday, August 2nd. BTIG Analysis upgraded DoorDash from a “impartial” score to a “purchase” score and set a $155.00 worth goal on the inventory in a analysis be aware on Thursday, September nineteenth. Lastly, Evercore ISI raised their goal worth on DoorDash from $145.00 to $155.00 and gave the inventory an “outperform” score in a report on Friday, August 2nd. Ten funding analysts have rated the inventory with a maintain score and twenty-three have issued a purchase score to the corporate. In accordance with MarketBeat, DoorDash has a consensus score of “Average Purchase” and a median goal worth of $146.91.
View Our Newest Evaluation on DASH
Insider Shopping for and Promoting
In associated information, Director Andy Fang offered 50,000 shares of DoorDash inventory in a transaction dated Monday, October 14th. The inventory was offered at a median worth of $149.83, for a complete worth of $7,491,500.00. Following the completion of the transaction, the director now owns 18,089 shares within the firm, valued at roughly $2,710,274.87. This commerce represents a 0.00 % lower of their possession of the inventory. The transaction was disclosed in a authorized submitting with the SEC, which is accessible by this hyperlink. In associated information, Director Andy Fang offered 50,000 shares of DoorDash inventory in a transaction dated Monday, October 14th. The inventory was offered at a median worth of $149.83, for a complete worth of $7,491,500.00. Following the completion of the transaction, the director now owns 18,089 shares within the firm, valued at roughly $2,710,274.87. This commerce represents a 0.00 % lower of their possession of the inventory. The transaction was disclosed in a authorized submitting with the SEC, which is accessible by this hyperlink. Additionally, CFO Ravi Inukonda offered 7,000 shares of DoorDash inventory in a transaction dated Tuesday, July thirtieth. The inventory was offered at a median worth of $106.64, for a complete worth of $746,480.00. Following the completion of the transaction, the chief monetary officer now owns 417,223 shares of the corporate’s inventory, valued at roughly $44,492,660.72. This represents a 0.00 % lower of their place. The disclosure for this sale will be discovered right here. Over the past quarter, insiders offered 277,337 shares of firm inventory price $37,703,799. Company insiders personal 7.92% of the corporate’s inventory.
DoorDash Profile
DoorDash, Inc, along with its subsidiaries, operates a commerce platform that connects retailers, customers, and unbiased contractors in the USA and internationally. The corporate operates DoorDash Market and Wolt Market, which give varied companies, similar to buyer acquisition, demand era, order success, merchandising, fee processing, and buyer help.
Additional Studying
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