Rep. Gilbert Ray Cisneros, Jr. Purchases Shares of DoorDash, Inc. (NASDAQ:DASH)

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of DoorDash, Inc. (NASDAQ:DASH). In a filing disclosed on May 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in DoorDash stock on April 14th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Revvity (NYSE:RVTY) on 5/1/2026.
• Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 5/1/2026.
• Sold $1,001 – $15,000 in shares of SS&C Technologies (NASDAQ:SSNC) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of Wayfair (NYSE:W) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of STERIS (NYSE:STE) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of Sensata Technologies (NYSE:ST) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of Veralto (NYSE:VLTO) on 5/1/2026.

DoorDash Price Performance

Shares of DASH traded down $2.14 during trading hours on Tuesday, reaching $155.19. 4,962,202 shares of the company’s stock traded hands, compared to its average volume of 4,905,542. DoorDash, Inc. has a 12 month low of $143.30 and a 12 month high of $285.50. The company has a current ratio of 1.43, a quick ratio of 1.43 and a debt-to-equity ratio of 0.27. The stock has a market cap of $67.42 billion, a PE ratio of 73.90 and a beta of 1.87. The firm’s 50 day simple moving average is $166.36 and its 200-day simple moving average is $195.55.

DoorDash (NASDAQ:DASH) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.36 by $0.06. The firm had revenue of $4.04 billion for the quarter, compared to analyst estimates of $4.15 billion. DoorDash had a net margin of 6.29% and a return on equity of 9.58%. The business’s revenue for the quarter was up 33.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.44 EPS. Equities analysts expect that DoorDash, Inc. will post 2.53 EPS for the current year.

Analyst Ratings Changes

DASH has been the subject of a number of research reports. Truist Financial cut their price objective on DoorDash from $340.00 to $330.00 and set a “buy” rating for the company in a report on Thursday, May 7th. Barclays decreased their target price on shares of DoorDash from $238.00 to $220.00 and set an “equal weight” rating on the stock in a research report on Thursday, February 19th. Piper Sandler lowered their price target on shares of DoorDash from $220.00 to $205.00 and set a “neutral” rating for the company in a research note on Thursday, May 7th. Guggenheim cut their price target on shares of DoorDash from $275.00 to $255.00 and set a “buy” rating for the company in a research report on Thursday, February 19th. Finally, BTIG Research reaffirmed a “buy” rating and set a $280.00 price objective on shares of DoorDash in a research note on Thursday, May 7th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $259.58.

Hedge Funds Weigh In On DoorDash

Several hedge funds have recently modified their holdings of the stock. Westpac Banking Corp grew its holdings in DoorDash by 111.9% in the first quarter. Westpac Banking Corp now owns 15,704 shares of the company’s stock worth $2,358,000 after purchasing an additional 8,294 shares during the last quarter. Himension Capital Singapore PTE. LTD. grew its stake in shares of DoorDash by 38.7% during the 1st quarter. Himension Capital Singapore PTE. LTD. now owns 5,706 shares of the company’s stock worth $857,000 after purchasing an additional 1,591 shares during the period. Temasek Holdings Private Ltd lifted its position in shares of DoorDash by 49.4% during the 1st quarter. Temasek Holdings Private Ltd now owns 3,461,501 shares of the company’s stock valued at $519,744,000 after buying an additional 1,145,078 shares in the last quarter. Danica Pension Livsforsikringsaktieselskab purchased a new stake in DoorDash during the 1st quarter worth approximately $7,901,000. Finally, ABN Amro Investment Solutions lifted its holdings in DoorDash by 11.9% in the 1st quarter. ABN Amro Investment Solutions now owns 22,683 shares of the company’s stock valued at $3,406,000 after purchasing an additional 2,414 shares in the last quarter. Hedge funds and other institutional investors own 90.64% of the company’s stock.

Key Headlines Impacting DoorDash

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Analysts at Rothschild & Co Redburn said DoorDash could eventually reach 20% of U.S. restaurants by 2035, reinforcing the company’s long-term market-share potential. The same report suggested DoorDash may one day expand into POS hardware, which could deepen its restaurant ecosystem and broaden its competitive moat. Article Title
• Neutral Sentiment: A viral story about a customer using AI to obtain a DoorDash refund highlights the company’s strict refund policies and could keep attention on customer-service and fraud-control practices, but it does not appear to materially change the business outlook. Article Title
• Negative Sentiment: Several articles involving theft, lawsuits, and rented/stolen delivery accounts may reinforce concerns about platform abuse, operational risk, and legal exposure, even if they are not all directly tied to DoorDash’s core financial performance. Article Title Article Title Article Title
• Negative Sentiment: Separate market commentary said DoorDash has become a target of increased short interest, which can weigh on sentiment and signal that some investors are betting on further downside.
• Positive Sentiment: One investor letter said DoorDash’s recent results reinforced market-share gains, a reminder that the company remains a leader in U.S. food delivery and continues to gain traction with investors focused on growth. Article Title

Insider Activity at DoorDash

In other news, Director Stanley Tang sold 21,433 shares of the firm’s stock in a transaction that occurred on Thursday, April 2nd. The shares were sold at an average price of $150.00, for a total value of $3,214,950.00. Following the completion of the transaction, the director owned 19,279 shares of the company’s stock, valued at approximately $2,891,850. This trade represents a 52.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Prabir Adarkar sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, April 20th. The stock was sold at an average price of $188.34, for a total transaction of $1,883,400.00. Following the sale, the chief operating officer owned 843,678 shares in the company, valued at $158,898,314.52. The trade was a 1.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 42,683 shares of company stock valued at $6,908,813. 5.83% of the stock is currently owned by insiders.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About DoorDash

DoorDash, Inc operates a technology-driven logistics and food-delivery marketplace that connects consumers, merchants and independent delivery contractors. The company’s core service enables customers to order from local restaurants and retailers through its app and website while DoorDash handles last-mile fulfillment via its network of drivers, known as “Dashers.” Over time the platform has broadened beyond restaurant deliveries to include groceries, convenience items and retail deliveries, positioning DoorDash as a broader on-demand logistics provider for consumer goods.

In addition to its marketplace, DoorDash offers a suite of products and services for consumers and businesses.