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

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 Performance

Shares of DASH traded up $0.92 during midday trading on Friday, reaching $201.95. The stock had a trading volume of 2,176,307 shares, compared to its average volume of 3,864,294. The firm has a market cap of $87.50 billion, a PE ratio of 105.73 and a beta of 1.79. The firm has a 50 day simple moving average of $205.21 and a 200-day simple moving average of $179.69. DoorDash, Inc. has a one year low of $143.30 and a one year high of $285.50. 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 earnings results on Wednesday, August 5th. The company reported $0.46 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.01). DoorDash had a net margin of 5.29% and a return on equity of 8.48%. The firm had revenue of $4.45 billion during the quarter, compared to the consensus estimate of $4.34 billion. During the same period in the previous year, the company posted $0.65 earnings per share. The firm’s revenue for the quarter was up 35.6% compared to the same quarter last year. As a group, sell-side analysts anticipate that DoorDash, Inc. will post 2.49 EPS for the current year.

Insider Transactions at DoorDash

In other news, CFO Ravi Inukonda sold 19,505 shares of the business’s stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $220.62, for a total transaction of $4,303,193.10. Following the sale, the chief financial officer directly owned 232,938 shares in the company, valued at approximately $51,390,781.56. The trade was a 7.73% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Stanley Tang sold 72,367 shares of the company’s stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $225.16, for a total value of $16,294,153.72. Following the completion of the transaction, the director directly owned 10,361 shares of the company’s stock, valued at $2,332,882.76. This represents a 87.48% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 399,553 shares of company stock worth $87,034,140 in the last 90 days. 44.90% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research firms have commented on DASH. Rosenblatt Securities began coverage on shares of DoorDash in a research report on Tuesday, September 1st. They set a “buy” rating and a $270.00 price objective for the company. Scotiabank assumed coverage on DoorDash in a research report on Wednesday. They set a “sector outperform” rating and a $275.00 price objective on the stock. Wells Fargo & Company lifted their target price on DoorDash from $199.00 to $225.00 and gave the stock an “equal weight” rating in a report on Friday, August 7th. Weiss Ratings reissued a “hold (c)” rating on shares of DoorDash in a research report on Friday, August 7th. Finally, Bank of America restated a “buy” rating on shares of DoorDash in a research note on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, DoorDash has an average rating of “Moderate Buy” and a consensus price target of $257.47.

Key Stories Impacting DoorDash

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

Hedge Funds Weigh In On DoorDash

Hedge funds have recently bought and sold shares of the company. Intech Investment Management LLC increased its holdings in shares of DoorDash by 707.8% during the fourth quarter. Intech Investment Management LLC now owns 253,348 shares of the company’s stock worth $57,378,000 after buying an additional 221,985 shares in the last quarter. Nomura Asset Management Co. Ltd. lifted its stake in shares of DoorDash by 9.1% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 156,960 shares of the company’s stock valued at $35,548,000 after acquiring an additional 13,121 shares during the last quarter. Allstate Corp boosted its holdings in shares of DoorDash by 116.7% during the 4th quarter. Allstate Corp now owns 29,227 shares of the company’s stock valued at $6,619,000 after acquiring an additional 15,741 shares in the last quarter. Brighton Jones LLC boosted its holdings in shares of DoorDash by 24.0% during the 4th quarter. Brighton Jones LLC now owns 9,336 shares of the company’s stock valued at $1,566,000 after acquiring an additional 1,807 shares in the last quarter. Finally, JCP Investment Management LLC bought a new stake in DoorDash during the 1st quarter worth $991,000. 90.64% of the stock is owned by 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.

About DoorDash

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.