Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of DoorDash, Inc. (NASDAQ:DASH). In a filing disclosed on April 07th, the Representative disclosed that they had bought between $1,001 and $15,000 in DoorDash stock on March 18th. 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 Fabrinet (NYSE:FN) on 3/27/2026.
- Sold $1,001 – $15,000 in shares of Viavi Solutions (NASDAQ:VIAV) on 3/27/2026.
- Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 3/27/2026.
- Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 3/27/2026.
- Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 3/27/2026.
- Sold $1,001 – $15,000 in shares of Advanced Energy Industries (NASDAQ:AEIS) on 3/27/2026.
- Sold $1,001 – $15,000 in shares of Charles Schwab (NYSE:SCHW) on 3/27/2026.
- Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 3/27/2026.
- Purchased $1,001 – $15,000 in shares of StandardAero (NYSE:SARO) on 3/27/2026.
- Sold $1,001 – $15,000 in shares of MACOM Technology Solutions (NASDAQ:MTSI) on 3/27/2026.
DoorDash Stock Performance
Shares of DASH stock opened at $154.55 on Friday. The stock has a fifty day moving average of $169.13 and a 200 day moving average of $210.08. DoorDash, Inc. has a 52 week low of $143.30 and a 52 week high of $285.50. The firm has a market capitalization of $67.14 billion, a price-to-earnings ratio of 72.90 and a beta of 1.93. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.27.
Insiders Place Their Bets
In related news, COO Prabir Adarkar sold 10,000 shares of the stock in a transaction on Monday, March 23rd. The stock was sold at an average price of $158.97, for a total transaction of $1,589,700.00. Following the sale, the chief operating officer directly owned 843,678 shares of the company’s stock, valued at $134,119,491.66. This trade represents a 1.17% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Ravi Inukonda sold 1,017 shares of the stock in a transaction on Wednesday, January 14th. The shares were sold at an average price of $215.14, for a total value of $218,797.38. Following the sale, the chief financial officer directly owned 208,412 shares in the company, valued at $44,837,757.68. This trade represents a 0.49% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 95,423 shares of company stock valued at $18,043,871. 5.83% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On DoorDash
Institutional investors have recently modified their holdings of the stock. Physician Wealth Advisors Inc. boosted its position in shares of DoorDash by 284.0% during the third quarter. Physician Wealth Advisors Inc. now owns 96 shares of the company’s stock valued at $26,000 after buying an additional 71 shares during the last quarter. MV Capital Management Inc. purchased a new stake in shares of DoorDash during the fourth quarter valued at $26,000. Eastern Bank boosted its position 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 buying an additional 100 shares during the last quarter. Sunbelt Securities Inc. boosted its position in shares of DoorDash by 124.1% during the third quarter. Sunbelt Securities Inc. now owns 121 shares of the company’s stock valued at $33,000 after buying an additional 67 shares during the last quarter. Finally, Swiss RE Ltd. purchased a new stake in shares of DoorDash during the fourth quarter valued at $28,000. 90.64% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
A number of research firms have issued reports on DASH. Zacks Research upgraded DoorDash from a “strong sell” rating to a “hold” rating in a report on Thursday, February 12th. Argus decreased their price objective on DoorDash from $275.00 to $260.00 and set a “buy” rating for the company in a report on Friday, December 12th. Mizuho decreased their price objective on DoorDash from $320.00 to $255.00 and set an “outperform” rating for the company in a report on Tuesday, March 3rd. Truist Financial increased their price objective on DoorDash from $330.00 to $340.00 and gave the stock a “buy” rating in a report on Thursday, February 19th. Finally, Piper Sandler reiterated a “neutral” rating and issued a $220.00 price objective (down from $230.00) on shares of DoorDash in a report on Thursday, February 19th. One investment analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat.com, DoorDash presently has an average rating of “Moderate Buy” and an average price target of $263.12.
View Our Latest Stock Report on DASH
Key Stories Impacting DoorDash
Here are the key news stories impacting DoorDash this week:
- Positive Sentiment: DoorDash expanded its drone-delivery partnership with Alphabet’s Wing into parts of metro Atlanta — marking another market rollout that could lower last-mile costs and shorten delivery times if scaled successfully. Alphabet’s Wing Drone Unit, DoorDash Expand Into Atlanta. Google Stock Turns Green In 2026.
- Positive Sentiment: DoorDash is trialing reusable food containers with partner restaurants — a sustainability move that could reduce packaging costs over time and appeal to eco-conscious customers. DoorDash partners with restaurants in experiment to deliver food in reusable containers
- Positive Sentiment: Retail expansion: Foot Locker is partnering with DoorDash for on-demand delivery, showing the company is continuing to scale non-restaurant retail relationships and diversify revenue sources. Foot Locker partners with DoorDash for on-demand delivery
- Positive Sentiment: SNAP/EBT acceptance is widening: Price Chopper/Market 32 (and other grocery banners) are enabling SNAP/EBT payments for DoorDash delivery, expanding addressable customer base for grocery orders. This supports grocery GMV growth potential. Price Chopper/Market 32 customers can use SNAP/EBT benefits for DoorDash delivery
- Neutral Sentiment: Product feature update: DoorDash updated app features to surface restaurants that are closing (helps customer discovery/retention but limited immediate revenue impact). DoorDash app designed to help customers find restaurants going away
- Neutral Sentiment: Data piece: DoorDash published a grocery/price report on breakfast basics — useful marketing/data content but unlikely to move financials materially. DoorDash report shows where you can find the lowest price for breakfast basics
- Negative Sentiment: Insider selling: multiple reports show insiders have sold shares recently (including a disclosed 21,433-share sale by co-founder Stanley Tang and broader reported insider disposals). Elevated insider selling is being cited in some coverage and is likely increasing short-term selling pressure. Stanley Tang Sells 21,433 Shares of DoorDash (NASDAQ:DASH) Stock DoorDash (DASH) Stock Plummets 45% as Insiders Dump $18.3M in Shares
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.
Further Reading
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