XTX Topco Ltd Has $545,000 Stock Holdings in DoorDash, Inc. (NASDAQ:DASH)

XTX Topco Ltd decreased its stake in DoorDash, Inc. (NASDAQ:DASH) by 23.0% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 3,248 shares of the company’s stock after selling 972 shares during the quarter. XTX Topco Ltd’s holdings in DoorDash were worth $545,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the stock. Swedbank AB increased its position in shares of DoorDash by 3.3% in the fourth quarter. Swedbank AB now owns 171,055 shares of the company’s stock worth $28,694,000 after acquiring an additional 5,539 shares in the last quarter. Sanctuary Advisors LLC grew its position in DoorDash by 48.8% during the 3rd quarter. Sanctuary Advisors LLC now owns 10,663 shares of the company’s stock worth $1,522,000 after purchasing an additional 3,498 shares in the last quarter. LVW Advisors LLC purchased a new position in DoorDash during the 4th quarter worth approximately $236,000. Nordea Investment Management AB raised its stake in DoorDash by 37.5% during the 4th quarter. Nordea Investment Management AB now owns 1,746,379 shares of the company’s stock valued at $294,701,000 after purchasing an additional 476,360 shares during the period. Finally, Retireful LLC lifted its holdings in shares of DoorDash by 121.4% in the fourth quarter. Retireful LLC now owns 9,621 shares of the company’s stock valued at $1,614,000 after purchasing an additional 5,275 shares in the last quarter. Hedge funds and other institutional investors own 90.64% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. JMP Securities reissued a “market outperform” rating and set a $200.00 price target on shares of DoorDash in a research report on Thursday, February 6th. Roth Mkm increased their price target on shares of DoorDash from $165.00 to $193.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 12th. Benchmark boosted their price objective on shares of DoorDash from $180.00 to $220.00 and gave the company a “buy” rating in a research report on Tuesday, February 11th. The Goldman Sachs Group lifted their target price 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. Finally, Royal Bank of Canada upped their price target on shares of DoorDash from $215.00 to $230.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 12th. Ten investment analysts have rated the stock with a hold rating and twenty-three have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $208.88.

DoorDash Trading Up 1.0 %

Shares of DASH stock opened at $181.24 on Friday. The firm has a market capitalization of $76.14 billion, a P/E ratio of 671.26 and a beta of 1.69. DoorDash, Inc. has a 1 year low of $99.32 and a 1 year high of $215.25. The firm’s fifty day simple moving average is $188.90 and its 200 day simple moving average is $176.67.

Insider Transactions at DoorDash

In related news, insider Keith Yandell sold 8,116 shares of the company’s stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $203.45, for a total value of $1,651,200.20. Following the completion of the transaction, the insider now directly owns 105,162 shares in the company, valued at approximately $21,395,208.90. This represents a 7.16 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Andy Fang sold 1,398 shares of DoorDash stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $203.45, for a total transaction of $284,423.10. Following the sale, the director now owns 14,778 shares in the company, valued at $3,006,584.10. This represents a 8.64 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 158,511 shares of company stock worth $30,308,544. 7.92% of the stock is currently owned by company insiders.

DoorDash Company 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.