Rep. Gilbert Ray Cisneros, Jr. Buys DoorDash, Inc. (NASDAQ:DASH) Stock

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 6th. 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 NASDAQ:DASH traded up $5.50 during midday trading on Friday, hitting $159.20. The stock had a trading volume of 5,171,877 shares, compared to its average volume of 4,808,611. The company’s 50-day moving average price is $164.58 and its 200-day moving average price is $193.15. The company has a market capitalization of $69.37 billion, a P/E ratio of 75.81 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.

DoorDash (NASDAQ:DASH) last issued its earnings results on Wednesday, May 6th. The company reported $0.42 EPS for the quarter, beating the consensus estimate of $0.36 by $0.06. The company had revenue of $4.04 billion during the quarter, compared to analysts’ expectations 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 period in the previous year, the company earned $0.44 EPS. As a group, equities research analysts predict that DoorDash, Inc. will post 2.45 EPS for the current fiscal year.

DoorDash News Roundup

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Rothschild & Co Redburn raised its price target on DoorDash to $350 from $300 and kept a Buy rating, citing confidence in the company’s long-term growth opportunity. Is DoorDash (DASH) the Best Depressed Stock to Buy in 2026?
• Positive Sentiment: Zacks Research upgraded DoorDash from “strong sell” to “hold,” which may be helping sentiment around the stock. Zacks.com
• Positive Sentiment: New merchant partnerships, including Urban Outfitters launching on DoorDash, show the platform expanding beyond restaurant delivery into broader commerce use cases. Urban Outfitters Just Launched on DoorDash

Insiders Place Their Bets

In other DoorDash news, Director Stanley Tang sold 21,433 shares of the business’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 transaction of $3,214,950.00. Following the sale, the director directly owned 19,279 shares of the company’s stock, valued at $2,891,850. The trade was a 52.65% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Prabir Adarkar sold 10,000 shares of the business’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 directly 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. Insiders have sold 42,683 shares of company stock valued at $6,908,813 in the last ninety days. 5.83% of the stock is currently owned by insiders.

Institutional Investors Weigh In On DoorDash

A number of institutional investors have recently added to or reduced their stakes in DASH. Norges Bank bought a new stake in DoorDash during the 4th quarter worth approximately $1,093,650,000. Wellington Management Group LLP grew its holdings in DoorDash by 593.1% during the 4th quarter. Wellington Management Group LLP now owns 5,481,693 shares of the company’s stock worth $1,241,494,000 after acquiring an additional 4,690,744 shares during the last quarter. Price T Rowe Associates Inc. MD grew its holdings in DoorDash by 32.8% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 13,958,114 shares of the company’s stock worth $3,161,234,000 after acquiring an additional 3,447,754 shares during the last quarter. Coatue Management LLC grew its holdings in DoorDash by 77.8% during the 4th quarter. Coatue Management LLC now owns 4,365,365 shares of the company’s stock worth $988,668,000 after acquiring an additional 1,910,488 shares during the last quarter. Finally, Alyeska Investment Group L.P. bought a new stake in DoorDash during the 4th quarter worth approximately $372,128,000. 90.64% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several brokerages recently issued reports on DASH. Barclays decreased their price target on shares of DoorDash from $238.00 to $220.00 and set an “equal weight” rating on the stock in a report on Thursday, February 19th. Weiss Ratings raised shares of DoorDash from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday. Moffett Nathanson set a $276.00 target price on shares of DoorDash in a research report on Wednesday, April 15th. Morgan Stanley reaffirmed an “overweight” rating and set a $275.00 target price on shares of DoorDash in a research note on Thursday, February 19th. Finally, Evercore set a $300.00 price target on DoorDash in a research note on Thursday, February 19th. Two analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $259.58.

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.