DoorDash (NASDAQ:DASH) Stock Bought Rep. Josh Gottheimer

Representative Josh Gottheimer (D-New Jersey) recently bought shares of DoorDash, Inc. (NASDAQ:DASH). In a filing disclosed on April 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in DoorDash stock on March 13th. The trade occurred in the Representative’s “MORGAN STANLEY – SELECT UMA ACCOUNT # 1” account.

Representative Josh Gottheimer also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Visa (NYSE:V) on 3/24/2025.
• Sold $1,001 – $15,000 in shares of Spotify Technology (NYSE:SPOT) on 3/24/2025.
• Sold $1,001 – $15,000 in shares of Flywire (NASDAQ:FLYW) on 3/19/2025.
• Sold $1,001 – $15,000 in shares of Disco (OTCMKTS:DSCSY) on 3/19/2025.
• Sold $1,001 – $15,000 in shares of Snowflake (NYSE:SNOW) on 3/19/2025.
• Sold $1,001 – $15,000 in shares of Diageo (NYSE:DEO) on 3/19/2025.
• Sold $1,001 – $15,000 in shares of Shopify (NYSE:SHOP) on 3/19/2025.
• Sold $1,001 – $15,000 in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) on 3/19/2025.
• Sold $1,001 – $15,000 in shares of ServiceNow (NYSE:NOW) on 3/19/2025.
• Sold $1,001 – $15,000 in shares of Tandem Diabetes Care (NASDAQ:TNDM) on 3/19/2025.

DoorDash Stock Performance

Shares of NASDAQ:DASH opened at $180.49 on Monday. DoorDash, Inc. has a 52 week low of $99.32 and a 52 week high of $215.25. The firm has a market cap of $75.82 billion, a PE ratio of 668.48 and a beta of 1.69. The firm’s fifty day moving average is $190.27 and its 200-day moving average is $175.56.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Gateway Investment Advisers LLC lifted its stake in DoorDash by 279.1% during the 1st quarter. Gateway Investment Advisers LLC now owns 25,974 shares of the company’s stock valued at $4,747,000 after acquiring an additional 19,122 shares in the last quarter. Intellectus Partners LLC bought a new position in shares of DoorDash during the first quarter valued at about $302,000. Hennion & Walsh Asset Management Inc. boosted its holdings in DoorDash by 0.8% during the first quarter. Hennion & Walsh Asset Management Inc. now owns 23,091 shares of the company’s stock worth $4,220,000 after purchasing an additional 181 shares during the last quarter. Sentry Investment Management LLC bought a new stake in DoorDash in the 1st quarter worth about $179,000. Finally, RFG Advisory LLC increased its stake in DoorDash by 45.4% in the 1st quarter. RFG Advisory LLC now owns 6,913 shares of the company’s stock valued at $1,263,000 after buying an additional 2,159 shares during the last quarter. Institutional investors own 90.64% of the company’s stock.

Insiders Place Their Bets

In other DoorDash news, COO Prabir Adarkar sold 20,000 shares of the company’s stock in a transaction on Thursday, January 23rd. The stock was sold at an average price of $180.83, for a total value of $3,616,600.00. Following the completion of the transaction, the chief operating officer now owns 925,222 shares in the company, valued at $167,307,894.26. This represents a 2.12 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Ravi Inukonda sold 15,198 shares of DoorDash stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $204.11, for a total value of $3,102,063.78. Following the sale, the chief financial officer now owns 351,970 shares in the company, valued at $71,840,596.70. The trade was a 4.14 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 158,523 shares of company stock valued at $30,310,620 in the last 90 days. 7.92% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several brokerages have commented on DASH. Cantor Fitzgerald lifted their target price on DoorDash from $200.00 to $230.00 and gave the stock an “overweight” rating in a report on Wednesday, February 12th. Argus raised DoorDash from a “hold” rating to a “buy” rating in a research note on Friday, December 20th. Loop Capital increased their target price on shares of DoorDash from $200.00 to $235.00 and gave the company a “buy” rating in a research report on Monday, February 24th. Evercore ISI restated an “outperform” rating on shares of DoorDash in a research report on Monday, March 10th. Finally, Barclays increased their price objective on shares of DoorDash from $163.00 to $200.00 and gave the stock an “equal weight” rating in a research report on Thursday, February 13th. Ten equities research analysts have rated the stock with a hold rating and twenty-four have assigned a buy rating to the company’s stock. According to MarketBeat.com, DoorDash currently has a consensus rating of “Moderate Buy” and a consensus target price of $207.39.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey’s 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.

Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey’s 5th Congressional District. He declared candidacy for the 2026 election.

Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.

Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

About DoorDash

DoorDash, Inc, together with its subsidiaries, operates a commerce platform that connects merchants, consumers, and independent contractors in the United States and internationally. The company operates DoorDash Marketplace and Wolt Marketplace, which provide various services, such as customer acquisition, demand generation, order fulfillment, merchandising, payment processing, and customer support.