Empowered Funds LLC raised its holdings in shares of DoorDash, Inc. (NASDAQ:DASH – Free Report) by 7.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,845 shares of the company’s stock after buying an additional 572 shares during the period. Empowered Funds LLC’s holdings in DoorDash were worth $1,316,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently modified their holdings of DASH. Wilmington Savings Fund Society FSB boosted its holdings in DoorDash by 36.1% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 10,576 shares of the company’s stock valued at $1,774,000 after acquiring an additional 2,805 shares during the period. Apollon Wealth Management LLC boosted its stake in shares of DoorDash by 59.2% during the fourth quarter. Apollon Wealth Management LLC now owns 2,437 shares of the company’s stock valued at $409,000 after purchasing an additional 906 shares during the period. Golden State Wealth Management LLC purchased a new stake in shares of DoorDash during the fourth quarter valued at $78,000. Sumitomo Mitsui DS Asset Management Company Ltd grew its holdings in shares of DoorDash by 9.8% in the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 29,317 shares of the company’s stock worth $4,918,000 after purchasing an additional 2,611 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. increased its stake in DoorDash by 2.1% in the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 799,695 shares of the company’s stock worth $134,149,000 after buying an additional 16,766 shares during the period. Institutional investors own 90.64% of the company’s stock.
DoorDash Price Performance
Shares of DASH stock opened at $213.38 on Monday. The business has a fifty day moving average of $179.29 and a 200 day moving average of $158.14. The firm has a market capitalization of $88.64 billion, a price-to-earnings ratio of -474.18, a price-to-earnings-growth 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.
Analyst Upgrades and Downgrades
Check Out Our Latest Research Report on DoorDash
Insider Transactions at DoorDash
In other DoorDash news, Director Andy Fang sold 50,000 shares of DoorDash stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $176.66, for a total transaction of $8,833,000.00. Following the completion of the transaction, the director now owns 16,176 shares in the company, valued at approximately $2,857,652.16. This trade represents a 75.56 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Tony Xu sold 108,334 shares of the company’s stock in a transaction dated Tuesday, November 26th. The stock was sold at an average price of $180.07, for a total value of $19,507,703.38. Following the completion of the sale, the chief executive officer now owns 1,500 shares in the company, valued at $270,105. The trade was a 98.63 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 882,426 shares of company stock worth $154,357,178 over the last three months. 7.92% of the stock is currently owned by insiders.
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.
Recommended Stories
- Five stocks we like better than DoorDash
- NYSE Stocks Give Investors a Variety of Quality Options
- Symbotic Shares Down 37%—Is It Time for Bravery or Caution?
- Insider Trading – What You Need to Know
- High-Yield Healthcare: 3 Stocks With Strong Dividends
- Best Stocks Under $10.00
- Beyond the Bargain Bin: 3 Stocks Leading Discount Retail
Receive News & Ratings for DoorDash Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DoorDash and related companies with MarketBeat.com's FREE daily email newsletter.