Rep. Byron Donalds Unloads Shares of DoorDash, Inc. (NASDAQ:DASH)

Representative Byron Donalds (R-Florida) recently sold shares of DoorDash, Inc. (NASDAQ:DASH). In a filing disclosed on April 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in DoorDash stock on March 20th. The trade occurred in the Representative’s “MORAN WEALTH IRA” account.

Representative Byron Donalds also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of GoDaddy (NYSE:GDDY) on 3/20/2025.
• Purchased $1,001 – $15,000 in shares of Arista Networks (NYSE:ANET) on 3/20/2025.
• Sold $1,001 – $15,000 in shares of Robinhood Markets (NASDAQ:HOOD) on 3/20/2025.
• Purchased $1,001 – $15,000 in shares of Abbott Laboratories (NYSE:ABT) on 3/20/2025.
• Sold $1,001 – $15,000 in shares of Gartner (NYSE:IT) on 3/20/2025.
• Purchased $1,001 – $15,000 in shares of Chipotle Mexican Grill (NYSE:CMG) on 3/20/2025.
• Sold $1,001 – $15,000 in shares of Equifax (NYSE:EFX) on 3/20/2025.
• Purchased $1,001 – $15,000 in shares of Tradeweb Markets (NASDAQ:TW) on 3/20/2025.
• Sold $1,001 – $15,000 in shares of JPMorgan Chase & Co. (NYSE:JPM) on 3/20/2025.
• Purchased $1,001 – $15,000 in shares of Fiserv (NYSE:FI) on 3/20/2025.

DoorDash Stock Down 1.2 %

NASDAQ:DASH opened at $179.39 on Thursday. The business’s 50-day moving average price is $189.36 and its 200 day moving average price is $175.90. 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 $75.36 billion, a P/E ratio of 664.41 and a beta of 1.69.

Hedge Funds Weigh In On DoorDash

Several large investors have recently bought and sold shares of the stock. Pittenger & Anderson Inc. acquired a new position in shares of DoorDash during the fourth quarter valued at about $29,000. Denver PWM LLC bought a new position in DoorDash during the fourth quarter valued at about $30,000. Princeton Global Asset Management LLC acquired a new position in DoorDash in the 4th quarter valued at approximately $34,000. ORG Wealth Partners LLC bought a new stake in shares of DoorDash in the 4th quarter worth approximately $36,000. Finally, IFP Advisors Inc grew its holdings in shares of DoorDash by 31.8% during the 4th quarter. IFP Advisors Inc now owns 224 shares of the company’s stock worth $37,000 after purchasing an additional 54 shares in the last quarter. 90.64% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms recently commented on DASH. Wolfe Research increased their target price on shares of DoorDash from $210.00 to $220.00 and gave the company an “outperform” rating in a research note on Friday, January 3rd. Wells Fargo & Company increased their price objective on DoorDash from $198.00 to $201.00 and gave the company an “equal weight” rating in a research report on Thursday, April 3rd. Wedbush lifted their target price on DoorDash from $160.00 to $210.00 and gave the stock a “neutral” rating in a report on Wednesday, February 12th. Mizuho upped their target price on DoorDash from $200.00 to $222.00 and gave the company an “outperform” rating in a report on Wednesday, February 12th. Finally, Piper Sandler reissued a “neutral” rating and issued a $210.00 price target (up previously from $160.00) on shares of DoorDash in a research note on Wednesday, February 12th. Ten equities research analysts have rated the stock with a hold rating and twenty-three have assigned a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $208.56.

Insider Activity

In other DoorDash news, Director Stanley Tang sold 45,410 shares of the business’s stock in a transaction on Tuesday, April 1st. The shares were sold at an average price of $181.21, for a total value of $8,228,746.10. Following the sale, the director now owns 18,285 shares of the company’s stock, valued at $3,313,424.85. The trade was a 71.29 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, General Counsel Tia Sherringham sold 12,088 shares of the firm’s stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $203.45, for a total transaction of $2,459,303.60. Following the transaction, the general counsel now directly owns 122,135 shares of the company’s stock, valued at $24,848,365.75. The trade was a 9.01 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 158,511 shares of company stock worth $30,308,544. Company insiders own 7.92% of the company’s stock.

About Representative Donalds

Byron Donalds (Republican Party) is a member of the U.S. House, representing Florida’s 19th Congressional District. He assumed office on January 3, 2021. His current term ends on January 3, 2027.

Donalds (Republican Party) is running for re-election to the U.S. House to represent Florida’s 19th Congressional District. He declared candidacy for the 2026 election.

Byron Donalds was born in Brooklyn, New York, and lives in Naples, Florida. Donalds earned a bachelor’s degree in finance and marketing from Florida State University in 2002. His career experience includes working as a commercial credit officer in banking and as a portfolio manager in financial services.

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.