Arkadios Wealth Advisors Takes Position in DoorDash, Inc. $DASH

Group 1: Company Performance and Financials - DoorDash reported earnings per share (EPS) of $0.55 for the last quarter, missing analysts' consensus estimates of $0.68 by $0.13 [4] - The company had a net margin of 6.83% and a return on equity of 9.97% [4] - Revenue for the quarter was $3.45 billion, exceeding analysts' expectations of $3.35 billion, and represented a year-over-year increase of 27.3% [4] Group 2: Stock Performance and Analyst Ratings - DoorDash shares opened at $207.23, with a market capitalization of $89.32 billion, a P/E ratio of 105.19, and a beta of 1.70 [3] - The stock has a 12-month low of $155.40 and a high of $285.50, with a 50-day moving average of $217.08 and a 200-day moving average of $239.18 [3] - Analysts have varied ratings on DoorDash, with three analysts giving a Strong Buy rating, twenty-five a Buy rating, seven a Hold rating, and one a Sell rating, resulting in an average rating of "Moderate Buy" and an average price target of $281.26 [5] Group 3: Insider Trading and Institutional Ownership - Director Stanley Tang sold 45,410 shares at an average price of $222.53, totaling approximately $10.1 million, while Director Shona L. Brown sold 1,250 shares at an average price of $222.33, totaling about $278,000 [2] - Over the last ninety days, insiders sold 632,885 shares valued at $133.2 million, with corporate insiders owning 5.83% of the company's stock [2] - Institutional investors own 90.64% of DoorDash's stock, with significant stakes acquired by firms like Norges Bank and Vanguard Group [1][6] Group 4: Business Model and Market Position - DoorDash operates a technology-driven logistics and food-delivery marketplace, connecting consumers, merchants, and independent delivery contractors [7] - The company's services have expanded beyond restaurant deliveries to include groceries, convenience items, and retail deliveries, positioning it as a broader on-demand logistics provider [7][8]