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

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of DoorDash, Inc. (NASDAQ:DASH). In a filing disclosed on April 07th, the Representative disclosed that they had sold between $1,001 and $15,000 in DoorDash stock on March 13th. 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):

• Sold $1,001 – $15,000 in shares of MACOM Technology Solutions (NASDAQ:MTSI) on 3/27/2026.
• Purchased $1,001 – $15,000 in shares of StandardAero (NYSE:SARO) on 3/27/2026.
• Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 3/27/2026.
• Sold $1,001 – $15,000 in shares of Charles Schwab (NYSE:SCHW) on 3/27/2026.
• Sold $1,001 – $15,000 in shares of Advanced Energy Industries (NASDAQ:AEIS) on 3/27/2026.
• Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 3/27/2026.
• Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 3/27/2026.
• Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 3/27/2026.
• Sold $1,001 – $15,000 in shares of Viavi Solutions (NASDAQ:VIAV) on 3/27/2026.
• Purchased $15,001 – $50,000 in shares of Fabrinet (NYSE:FN) on 3/27/2026.

DoorDash Stock Down 3.5%

DASH traded down $5.64 during midday trading on Thursday, reaching $155.05. The company’s stock had a trading volume of 706,720 shares, compared to its average volume of 4,935,167. The firm has a market capitalization of $67.36 billion, a price-to-earnings ratio of 73.15 and a beta of 1.93. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.27. DoorDash, Inc. has a 1 year low of $143.30 and a 1 year high of $285.50. The stock’s 50-day moving average is $170.19 and its 200-day moving average is $210.47.

DoorDash (NASDAQ:DASH) last announced its quarterly earnings data on Wednesday, February 18th. The company reported $0.48 earnings per share for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.10). The business had revenue of $3.96 billion during the quarter, compared to analysts’ expectations of $3.98 billion. DoorDash had a return on equity of 10.15% and a net margin of 6.82%.DoorDash’s revenue for the quarter was up 37.7% compared to the same quarter last year. During the same quarter last year, the company posted $0.33 EPS. As a group, research analysts expect that DoorDash, Inc. will post 2.22 EPS for the current year.

DoorDash News Summary

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Expanded drone delivery with Alphabet’s Wing into parts of metro Atlanta (adds a fifth market after Charlotte), demonstrating progress on a capital-light, faster delivery channel that could reduce unit costs and improve order throughput in dense urban pockets. DoorDash launches drone delivery in metro Atlanta
• Positive Sentiment: Partnership with Foot Locker to offer on-demand delivery extends DoorDash beyond restaurants into retail apparel, adding a new revenue stream and greater utilization of the logistics network. Retail delivery deals can raise order frequency and diversify take rates. Foot Locker partners with DoorDash for on-demand delivery
• Positive Sentiment: Multiple grocery chains (Market 32/Price Chopper, Tops, Northeast Grocery) are enabling SNAP/EBT payments on DoorDash, broadening access for lower-income consumers and expanding grocery order volume — an important growth vector for marketplace GMV. Northeast Grocery shoppers can use SNAP/EBT for DoorDash
• Neutral Sentiment: Trial of reusable food containers with participating restaurants could lower packaging waste and appeal to sustainability-minded customers, but impact on margins and unit economics is experimental and timing/scale are unclear. DoorDash partners with restaurants in experiment to deliver food in reusable containers
• Neutral Sentiment: DoorDash released consumer pricing insights (where breakfast basics are cheapest) — useful for marketing and merchant relations but unlikely to move fundamentals materially in the near term. DoorDash report shows where you can find the lowest price for breakfast basics
• Negative Sentiment: Insider selling: reports that co-founder Stanley Tang sold shares (and broader coverage noting ~ $18.3M of insider sales) have driven investor concern about near-term insider liquidity and helped push the stock lower today. Insider sales often prompt short-term selling despite ongoing operational initiatives. DoorDash (DASH) Stock Plummets 45% as Insiders Dump $18.3M in Shares

Institutional Investors Weigh In On DoorDash

Institutional investors have recently made changes to their positions in the company. American Century Companies Inc. boosted its position in DoorDash by 5.0% in the 3rd quarter. American Century Companies Inc. now owns 485,088 shares of the company’s stock valued at $131,941,000 after buying an additional 22,944 shares during the period. Caprock Group LLC purchased a new stake in DoorDash in the 3rd quarter valued at about $3,169,000. Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in DoorDash by 7.1% in the 3rd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 806,191 shares of the company’s stock valued at $219,276,000 after buying an additional 53,722 shares during the period. Vaughan Nelson Investment Management L.P. purchased a new stake in DoorDash in the 4th quarter valued at about $41,712,000. Finally, Jefferies Financial Group Inc. boosted its position in DoorDash by 136.6% in the 3rd quarter. Jefferies Financial Group Inc. now owns 42,355 shares of the company’s stock valued at $11,520,000 after buying an additional 24,454 shares during the period. Hedge funds and other institutional investors own 90.64% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the stock. Guggenheim cut their price objective on shares of DoorDash from $275.00 to $255.00 and set a “buy” rating on the stock in a report on Thursday, February 19th. Bank of America upped their price objective on shares of DoorDash from $260.00 to $272.00 and gave the stock a “buy” rating in a report on Thursday, February 19th. Evercore set a $300.00 price target on shares of DoorDash in a report on Thursday, February 19th. Roth Mkm reiterated a “neutral” rating and set a $200.00 price target on shares of DoorDash in a report on Thursday, February 19th. Finally, Jefferies Financial Group increased their price target on shares of DoorDash from $260.00 to $270.00 and gave the company a “buy” rating in a report on Thursday, December 11th. One research analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and nine have given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $263.12.

Insider Activity at DoorDash

In other news, COO Prabir Adarkar sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, March 23rd. The shares were sold at an average price of $158.97, for a total value of $1,589,700.00. Following the completion of the sale, the chief operating officer owned 843,678 shares of the company’s stock, valued at approximately $134,119,491.66. This represents a 1.17% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Ravi Inukonda sold 1,017 shares of the company’s stock in a transaction that occurred on Wednesday, January 14th. The stock was sold at an average price of $215.14, for a total transaction of $218,797.38. Following the completion of the sale, the chief financial officer directly owned 208,412 shares of the company’s stock, valued at $44,837,757.68. The trade was a 0.49% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 96,673 shares of company stock valued at $18,321,784 in the last quarter. Corporate insiders own 5.83% of the company’s stock.

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.

DoorDash Company Profile

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.