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 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):
- 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 Stock Down 1.4%
DASH stock traded down $2.14 during mid-day trading on Tuesday, reaching $155.19. 4,964,113 shares of the company traded hands, compared to its average volume of 4,784,830. The stock has a market cap of $67.42 billion, a price-to-earnings ratio of 73.90 and a beta of 1.87. The company has a quick ratio of 1.43, a current ratio of 1.43 and a debt-to-equity ratio of 0.27. DoorDash, Inc. has a fifty-two week low of $143.30 and a fifty-two week high of $285.50. The firm’s 50 day moving average price is $165.94 and its 200 day moving average price is $194.87.
Hedge Funds Weigh In On DoorDash
Institutional investors have recently bought and sold shares of the company. Physician Wealth Advisors Inc. lifted its stake in DoorDash by 284.0% in the third quarter. Physician Wealth Advisors Inc. now owns 96 shares of the company’s stock valued at $26,000 after purchasing an additional 71 shares during the last quarter. MV Capital Management Inc. bought a new stake in DoorDash during the 4th quarter valued at $26,000. Eastern Bank raised its holdings in DoorDash by 714.3% during the 4th quarter. Eastern Bank now owns 114 shares of the company’s stock valued at $26,000 after acquiring an additional 100 shares during the period. Sunbelt Securities Inc. raised its holdings in DoorDash by 124.1% during the 3rd quarter. Sunbelt Securities Inc. now owns 121 shares of the company’s stock valued at $33,000 after acquiring an additional 67 shares during the period. Finally, Swiss RE Ltd. bought a new stake in DoorDash during the 4th quarter valued at $28,000. Hedge funds and other institutional investors own 90.64% of the company’s stock.
Key Stories Impacting DoorDash
Here are the key news stories impacting DoorDash this week:
- Positive Sentiment: Analysts cited by Bloomberg say DoorDash could reach 20% of U.S. restaurants by 2035, highlighting the company’s potential to keep expanding its merchant network and deepen its position in restaurant delivery. The same report suggested DoorDash could eventually move into POS hardware, which would broaden its product lineup and increase competition with restaurant payments players like Toast. Article title
- Positive Sentiment: Investor commentary from Artisan Partners said DoorDash’s recent results reinforced market-share gains, supporting the view that the company continues to take share in the food-delivery market and execute well operationally. Article title
- Neutral Sentiment: Several viral or local-news items involving DoorDash — including a customer using AI to secure a refund, a police chase tied to theft, and a lawsuit update — are more reputational than financially material, so they are unlikely to be the main driver of the stock.
- Negative Sentiment: Reports that DoorDash accounts are being rented or stolen online could raise concerns about fraud, platform security, and customer trust, even if the direct financial impact is unclear.
- Negative Sentiment: Talk that DoorDash may face a legal matter in a Kansas death case, even though the family reportedly dropped the company from the lawsuit, could keep some liability overhang in focus.
Analysts Set New Price Targets
A number of equities analysts have recently weighed in on DASH shares. TD Cowen started coverage on DoorDash in a research note on Monday, April 27th. They issued a “buy” rating and a $225.00 target price on the stock. Piper Sandler cut their target price on DoorDash from $220.00 to $205.00 and set a “neutral” rating on the stock in a research note on Thursday, May 7th. Roth Mkm restated a “neutral” rating and issued a $200.00 target price on shares of DoorDash in a research note on Thursday, February 19th. DA Davidson cut their target price on DoorDash from $224.00 to $200.00 and set a “neutral” rating on the stock in a research note on Thursday, May 7th. Finally, BTIG Research restated a “buy” rating and issued a $280.00 target price 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 issued a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $259.58.
Check Out Our Latest Stock Report on DoorDash
Insider Buying and Selling at DoorDash
In other news, Director Stanley Tang sold 21,433 shares of the company’s stock in a transaction 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 transaction, the director owned 19,279 shares of the company’s stock, valued at approximately $2,891,850. This 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, Director Shona L. Brown sold 1,250 shares of the company’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of $176.61, for a total transaction of $220,762.50. Following the completion of the transaction, the director directly owned 31,002 shares in the company, valued at approximately $5,475,263.22. The trade was a 3.88% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 42,683 shares of company stock valued at $6,908,813 in the last 90 days. 5.83% of the stock is currently owned by company 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.
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.
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