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 DASH traded up $5.50 during mid-day trading on Friday, reaching $159.20. 5,171,877 shares of the company’s stock were exchanged, compared to its average volume of 4,808,611. 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 52-week low of $143.30 and a 52-week high of $285.50. The company has a market cap of $69.37 billion, a price-to-earnings ratio of 75.81 and a beta of 1.87. The company has a 50-day simple moving average of $164.58 and a two-hundred day simple moving average of $193.15.

DoorDash (NASDAQ:DASHGet Free Report) last announced its earnings results on Wednesday, May 6th. The company reported $0.42 EPS for the quarter, beating analysts’ consensus estimates of $0.36 by $0.06. The firm had revenue of $4.04 billion for the quarter, compared to analysts’ expectations of $4.15 billion. DoorDash had a return on equity of 9.58% and a net margin of 6.29%.DoorDash’s quarterly revenue was up 33.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.44 EPS. On average, sell-side analysts predict that DoorDash, Inc. will post 2.45 EPS for the current fiscal year.

Insider Buying and Selling at DoorDash

In other DoorDash news, Director Stanley Tang sold 21,433 shares of the stock in a transaction 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 approximately $2,891,850. This represents a 52.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Prabir Adarkar sold 10,000 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the chief operating officer owned 843,678 shares in the company, valued at approximately $158,898,314.52. The trade was a 1.17% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 42,683 shares of company stock worth $6,908,813 over the last 90 days. Insiders own 5.83% of the company’s stock.

Key Stories Impacting DoorDash

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

Institutional Investors Weigh In On DoorDash

A number of institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. lifted its holdings in DoorDash by 1.7% during the 4th quarter. Vanguard Group Inc. now owns 43,426,479 shares of the company’s stock worth $9,835,229,000 after buying an additional 713,571 shares during the last quarter. SC US Ttgp LTD. raised its position in shares of DoorDash by 1.6% during the 4th quarter. SC US Ttgp LTD. now owns 31,686,624 shares of the company’s stock valued at $7,176,387,000 after acquiring an additional 506,358 shares in the last quarter. Morgan Stanley raised its position in shares of DoorDash by 2.3% during the 4th quarter. Morgan Stanley now owns 17,536,824 shares of the company’s stock valued at $3,971,741,000 after acquiring an additional 391,596 shares in the last quarter. State Street Corp lifted its stake in DoorDash by 3.0% during the fourth quarter. State Street Corp now owns 15,761,072 shares of the company’s stock worth $3,569,568,000 after purchasing an additional 464,448 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD boosted its holdings in DoorDash by 32.8% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 13,958,114 shares of the company’s stock worth $3,161,234,000 after purchasing an additional 3,447,754 shares during the period. Institutional investors and hedge funds own 90.64% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on DASH shares. Barclays decreased their price objective on DoorDash from $238.00 to $220.00 and set an “equal weight” rating on the stock in a research note on Thursday, February 19th. Bank of America upped their price objective on DoorDash from $260.00 to $272.00 and gave the stock a “buy” rating in a report on Thursday, February 19th. DA Davidson lowered their price target on DoorDash from $224.00 to $200.00 and set a “neutral” rating for the company in a report on Thursday, May 7th. Morgan Stanley restated an “overweight” rating and issued a $275.00 target price on shares of DoorDash in a research note on Thursday, February 19th. Finally, Rothschild & Co Redburn set a $350.00 price target on DoorDash in a report on Tuesday. Two analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $259.58.

View Our Latest Research Report on DASH

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

(Get Free Report)

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.

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