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 June 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in DoorDash stock on May 7th. 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 SoftBank Group (OTCMKTS:SFTBF) on 6/2/2026.
• Purchased $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 5/29/2026.
• Sold $1,001 – $15,000 in shares of AutoZone (NYSE:AZO) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Independent Bank (NASDAQ:INDB) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Arcutis Biotherapeutics (NASDAQ:ARQT) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of HealthEquity (NASDAQ:HQY) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Boston Scientific (NYSE:BSX) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Perella Weinberg Partners (NASDAQ:PWP) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Cooper Companies (NASDAQ:COO) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Ligand Pharmaceuticals (NASDAQ:LGND) on 5/29/2026.

DoorDash Stock Performance

NASDAQ:DASH opened at $151.00 on Thursday. The company has a fifty day moving average of $162.65 and a 200-day moving average of $184.66. The firm has a market capitalization of $65.79 billion, a P/E ratio of 71.91 and a beta of 1.83. 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 twelve month low of $143.30 and a twelve month high of $285.50.

DoorDash (NASDAQ:DASH) last released its quarterly earnings data on Wednesday, May 6th. The company reported $0.42 earnings per share 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 analyst estimates of $4.15 billion. DoorDash had a net margin of 6.29% and a return on equity of 9.58%. DoorDash’s revenue for the quarter was up 33.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.44 EPS. As a group, sell-side analysts anticipate that DoorDash, Inc. will post 2.45 EPS for the current year.

Insider Activity

In other DoorDash news, General Counsel Tia Sherringham sold 2,743 shares of DoorDash stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $160.79, for a total transaction of $441,046.97. Following the transaction, the general counsel directly owned 128,216 shares of the company’s stock, valued at $20,615,850.64. The trade was a 2.09% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Stanley Tang sold 21,433 shares of DoorDash stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $150.00, for a total transaction of $3,214,950.00. Following the transaction, the director directly owned 19,279 shares in the company, valued at $2,891,850. This represents a 52.65% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 68,558 shares of company stock valued at $10,914,640 over the last quarter. 5.83% of the stock is owned by insiders.

Analysts Set New Price Targets

Several analysts have recently weighed in on DASH shares. Barclays lowered their price objective on shares of DoorDash from $238.00 to $220.00 and set an “equal weight” rating for the company in a research note on Thursday, February 19th. TD Cowen started coverage on shares of DoorDash in a research note on Monday, April 27th. They issued a “buy” rating and a $225.00 price objective for the company. Citigroup lowered their price objective on shares of DoorDash from $280.00 to $250.00 and set a “buy” rating for the company in a research note on Friday, May 8th. Moffett Nathanson set a $276.00 price objective on shares of DoorDash in a research note on Wednesday, April 15th. Finally, Truist Financial decreased their price target on shares of DoorDash from $340.00 to $330.00 and set a “buy” rating for the company in a research note on Thursday, May 7th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $259.58.

Key Headlines Impacting DoorDash

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: DoorDash was mentioned among the CPG brands targeting the massive 2026 World Cup spending opportunity, highlighting its potential to benefit from major brand ad and retail-media budgets tied to the event. Coca-Cola, PepsiCo, Mars and DoorDash among CPG brands chasing $7.5 billion World Cup spend
• Positive Sentiment: A report suggested DoorDash could become a reliable late-night resource for the entertainment industry, implying expanding demand beyond standard meal delivery and possibly improving order volume. DoorDash May Become the Entertainment Industry’s Most Reliable Late-Night Resource
• Positive Sentiment: One article framed rising dependence on parents as a trend that could support consumer-spending-related stocks, including DoorDash, which may benefit from discretionary delivery demand. The Bank of Mom and Dad Is Booming—3 Stocks to Watch (DASH)
• Neutral Sentiment: Options activity has picked up, which can signal that traders expect a larger move in DoorDash stock, but the report does not indicate the direction. Do Options Traders Know Something About DoorDash Stock We Don’t?
• Neutral Sentiment: There was also a short-interest update, but the figures reported were effectively zero, so it does not provide a meaningful new signal for investors.
• Negative Sentiment: Competition appears to be intensifying as Walmart expands services and teams up with another fast-food chain to challenge DoorDash and Uber Eats, which could pressure growth and market share. Walmart adds new service to compete with DoorDash, UberEats
• Negative Sentiment: DoorDash and Instacart are facing a critical FTC fight over consumer fees, creating a regulatory overhang that could affect pricing power and margins. DoorDash, Instacart face critical FTC fight over consumer fees

Hedge Funds Weigh In On DoorDash

A number of hedge funds have recently bought and sold shares of DASH. Eastern Bank boosted its holdings in DoorDash by 714.3% during the 4th quarter. Eastern Bank now owns 114 shares of the company’s stock worth $26,000 after acquiring an additional 100 shares during the last quarter. MV Capital Management Inc. purchased a new position in DoorDash during the 4th quarter worth $26,000. Swiss RE Ltd. purchased a new position in DoorDash during the 4th quarter worth $28,000. ST Germain D J Co. Inc. purchased a new position in DoorDash during the 4th quarter worth $29,000. Finally, Kemnay Advisory Services Inc. purchased a new position in DoorDash during the 4th quarter worth $32,000. 90.64% of the stock is owned by hedge funds and other institutional investors.

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.