After this morning's -1.5% drop to $97.37 per share, DoorDash might just keep moving past its target price of $99.67. With an average analyst rating of buy, and target prices from $51.0 to $130.0, the stock's next move is anyone's guess.
DoorDash's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 4.3%. The stock's short ratio is 2.65. The company's insiders own 0.77% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 89.8%. In conclusion, we believe there is mixed market sentiment regarding DoorDash.
Institutions Invested in DoorDash
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-09-30 | Sc Us (ttgp), Ltd. | 9% | 32,917,775 | $3,205,203,842 |
| 2023-09-30 | Vanguard Group Inc | 7% | 27,043,520 | $2,633,227,616 |
| 2023-09-30 | Morgan Stanley | 7% | 26,883,277 | $2,617,624,755 |
| 2023-09-30 | Capital Research Global Investors | 5% | 20,056,295 | $1,952,881,499 |
| 2023-09-30 | Blackrock Inc. | 4% | 15,224,080 | $1,482,368,711 |
| 2023-09-30 | Baillie Gifford and Company | 3% | 12,002,645 | $1,168,697,576 |
| 2023-09-30 | Galileo (ptc) Ltd | 3% | 11,535,084 | $1,123,171,160 |
| 2023-09-30 | SB Investment Advisers (UK) LTD | 3% | 10,519,582 | $1,024,291,728 |
| 2023-09-30 | Capital World Investors | 3% | 9,335,710 | $909,018,108 |
| 2023-09-30 | Sands Capital Management, LLC | 2% | 8,417,197 | $819,582,495 |
