Rep. Gilbert Ray Cisneros, Jr. Purchases Shares of DoorDash, Inc. (NASDAQ:DASH)

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 May 1st. 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 Sensata Technologies (NYSE:ST) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of Veralto (NYSE:VLTO) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of BridgeBio Pharma (NASDAQ:BBIO) on 4/29/2026.

DoorDash Trading Down 4.0%

NASDAQ:DASH opened at $157.33 on Tuesday. The firm has a market capitalization of $68.35 billion, a P/E ratio of 74.92 and a beta of 1.87. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.43 and a quick ratio of 1.43. DoorDash, Inc. has a one year low of $143.30 and a one year high of $285.50. The company’s 50-day simple moving average is $166.36 and its 200 day simple moving average is $195.55.

DoorDash (NASDAQ:DASH) last released its earnings results on Wednesday, May 6th. The company reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.06. DoorDash had a net margin of 6.29% and a return on equity of 9.58%. The firm had revenue of $4.04 billion during the quarter, compared to analyst estimates of $4.15 billion. During the same period last year, the business earned $0.44 earnings per share. The business’s revenue was up 33.1% on a year-over-year basis. As a group, analysts forecast that DoorDash, Inc. will post 2.53 EPS for the current fiscal year.

Hedge Funds Weigh In On DoorDash

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Physician Wealth Advisors Inc. increased its holdings in shares of DoorDash by 284.0% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 96 shares of the company’s stock worth $26,000 after purchasing an additional 71 shares in the last quarter. Eastern Bank lifted its holdings in shares of DoorDash by 714.3% during the fourth quarter. Eastern Bank now owns 114 shares of the company’s stock valued at $26,000 after purchasing an additional 100 shares in the last quarter. MV Capital Management Inc. bought a new position in shares of DoorDash during the fourth quarter valued at $26,000. Swiss RE Ltd. purchased a new stake in shares of DoorDash during the fourth quarter valued at $28,000. Finally, ST Germain D J Co. Inc. purchased a new stake in shares of DoorDash during the fourth quarter valued at $29,000. 90.64% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, Director Shona L. Brown sold 1,250 shares of the firm’s stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $176.61, for a total transaction of $220,762.50. Following the sale, the director owned 31,002 shares of the company’s stock, valued at $5,475,263.22. This trade represents a 3.88% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Stanley Tang sold 21,433 shares of DoorDash stock in a transaction that occurred 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 completion of the sale, the director owned 19,279 shares of the company’s stock, 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. In the last 90 days, insiders sold 42,683 shares of company stock valued at $6,908,813. 5.83% of the stock is owned by insiders.

Analyst Ratings Changes

Several analysts recently weighed in on the company. Sanford C. Bernstein cut their price target on DoorDash from $285.00 to $270.00 and set an “outperform” rating on the stock in a research note on Thursday, February 19th. DA Davidson dropped their target price on DoorDash from $224.00 to $200.00 and set a “neutral” rating on the stock in a report on Thursday. BNP Paribas Exane began coverage on DoorDash in a research note on Wednesday, January 14th. They issued an “outperform” rating and a $280.00 target price on the stock. Citigroup reduced their price target on DoorDash from $280.00 to $250.00 and set a “buy” rating for the company in a report on Friday. Finally, Evercore set a $300.00 price target on DoorDash in a research report on Thursday, February 19th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $257.00.

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.

About DoorDash

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.