Rep. Gilbert Ray Cisneros, Jr. Sells 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 September 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in DoorDash stock on August 28th. 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 $15,001 – $50,000 in shares of Quanta Services (NYSE:PWR) on 8/27/2026.
• Purchased $15,001 – $50,000 in shares of Eaton (NYSE:ETN) on 8/27/2026.
• Sold $15,001 – $50,000 in shares of NIKE (NYSE:NKE) on 8/27/2026.
• Sold $1,001 – $15,000 in shares of Phreesia (NYSE:PHR) on 8/26/2026.
• Purchased $1,001 – $15,000 in shares of Wheaton Precious Metals (NYSE:WPM) on 8/26/2026.
• Purchased $1,001 – $15,000 in shares of Walmart (NASDAQ:WMT) on 8/26/2026.
• Purchased $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 8/26/2026.
• Sold $15,001 – $50,000 in shares of Lamar Advertising (NASDAQ:LAMR) on 8/25/2026.
• Sold $1,001 – $15,000 in shares of Phreesia (NYSE:PHR) on 8/25/2026.
• Sold $15,001 – $50,000 in shares of Lamar Advertising (NASDAQ:LAMR) on 8/24/2026.

DoorDash Stock Up 0.5%

DoorDash stock opened at $201.95 on Friday. The stock has a 50 day moving average of $205.21 and a two-hundred day moving average of $179.69. DoorDash, Inc. has a twelve month low of $143.30 and a twelve month high of $285.50. The stock has a market capitalization of $87.50 billion, a price-to-earnings ratio of 105.73 and a beta of 1.79. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 0.27.

DoorDash (NASDAQ:DASH) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.46 earnings per share for the quarter, missing the consensus estimate of $0.47 by ($0.01). The company had revenue of $4.45 billion for the quarter, compared to analyst estimates of $4.34 billion. DoorDash had a return on equity of 8.48% and a net margin of 5.29%.DoorDash’s revenue for the quarter was up 35.6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.65 earnings per share. As a group, research analysts expect that DoorDash, Inc. will post 2.53 earnings per share for the current year.

Key DoorDash News

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Scotiabank initiated coverage of DoorDash with a “sector outperform” rating and a $275 price target, implying substantial upside from the reference price. The bullish view provides a near-term catalyst for DASH shares. Scotiabank DoorDash coverage
• Positive Sentiment: DoorDash continues to receive broadly favorable analyst sentiment, with the stock carrying a consensus “Moderate Buy” rating. DoorDash receives Moderate Buy consensus
• Neutral Sentiment: A reported September short-interest update shows zero shares sold short both currently and in the prior period. Because the figures appear inconsistent, the data provides no meaningful signal about short-term trading pressure.
• Neutral Sentiment: Several reports involving DoorDash drivers describe violent or contentious incidents, including a 2021 unsolved road-rage killing, an alleged firearm display during a Florida delivery, and a Houston driver being struck by a fleeing vehicle. These are individual incidents and do not indicate a direct financial impact on DoorDash, but they highlight ongoing safety and reputational risks. Palm Beach DoorDash delivery incident
• Negative Sentiment: Walmart’s expansion into donut delivery could increase competition for DoorDash in convenience and local-delivery categories. Walmart’s scale and customer reach may pressure order volume, pricing, or merchant relationships over time. Walmart expands donut delivery
• Negative Sentiment: Reports of ICE agents surrounding homes during DoorDash deliveries add politically sensitive reputational risk, although the events appear unrelated to DoorDash’s operations or financial performance. DoorDash delivery and ICE incident

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on DASH shares. Needham & Company LLC reiterated a “buy” rating and set a $265.00 target price on shares of DoorDash in a research report on Thursday, August 6th. Piper Sandler reaffirmed a “neutral” rating and issued a $220.00 price target (up from $205.00) on shares of DoorDash in a report on Thursday, August 6th. Citigroup reaffirmed a “market outperform” rating on shares of DoorDash in a research note on Monday, August 24th. Scotiabank initiated coverage on shares of DoorDash in a research note on Wednesday. They issued a “sector outperform” rating and a $275.00 target price for the company. Finally, Zacks Research upgraded DoorDash from a “strong sell” rating to a “hold” rating in a report on Monday, August 17th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $257.47.

Hedge Funds Weigh In On DoorDash

Several institutional investors and hedge funds have recently bought and sold shares of the stock. MV Capital Management Inc. purchased a new stake in shares of DoorDash during the 4th quarter valued at $26,000. Washington Trust Advisors Inc. lifted its holdings in shares of DoorDash by 81.0% in the 2nd quarter. Washington Trust Advisors Inc. now owns 143 shares of the company’s stock worth $26,000 after purchasing an additional 64 shares during the last quarter. Swiss RE Ltd. acquired a new position in DoorDash during the 4th quarter valued at approximately $28,000. Kemnay Advisory Services Inc. acquired a new position in DoorDash during the 4th quarter valued at approximately $32,000. Finally, Sunbelt Securities Inc. increased its position in DoorDash by 124.1% in the third quarter. Sunbelt Securities Inc. now owns 121 shares of the company’s stock worth $33,000 after buying an additional 67 shares during the period. Institutional investors and hedge funds own 90.64% of the company’s stock.

Insider Buying and Selling

In other news, CFO Ravi Inukonda sold 16,044 shares of the company’s stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $228.55, for a total transaction of $3,666,856.20. Following the completion of the transaction, the chief financial officer owned 217,911 shares in the company, valued at approximately $49,803,559.05. This represents a 6.86% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Prabir Adarkar sold 55,289 shares of DoorDash stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $231.76, for a total value of $12,813,778.64. Following the transaction, the chief operating officer directly owned 930,211 shares in the company, valued at approximately $215,585,701.36. This trade represents a 5.61% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 399,553 shares of company stock valued at $87,034,140 in the last three months. 44.90% of the stock is owned by corporate 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 local commerce platform that connects consumers with merchants and independent delivery workers. Its marketplace enables customers to order meals from restaurants as well as groceries, convenience items, alcohol where permitted, and products from other retail businesses through its websites and mobile applications.

The company also provides services designed to support merchants, including delivery logistics, online ordering, marketing, payment processing, and customer-engagement tools.