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 27th. 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):
- Sold $1,001 – $15,000 in shares of MACOM Technology Solutions (NASDAQ:MTSI) on 3/27/2026.
- Purchased $1,001 – $15,000 in shares of StandardAero (NYSE:SARO) on 3/27/2026.
- Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 3/27/2026.
- Sold $1,001 – $15,000 in shares of Charles Schwab (NYSE:SCHW) 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 Flex (NASDAQ:FLEX) 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 Viavi Solutions (NASDAQ:VIAV) on 3/27/2026.
- Purchased $15,001 – $50,000 in shares of Fabrinet (NYSE:FN) on 3/27/2026.
- Purchased $1,001 – $15,000 in shares of Corning (NYSE:GLW) on 3/25/2026.
DoorDash Stock Down 3.8%
Shares of DASH traded down $6.14 during mid-day trading on Thursday, hitting $154.55. 3,847,212 shares of the company’s stock were exchanged, compared to its average volume of 4,984,828. The company has a market cap of $67.14 billion, a PE ratio of 72.90 and a beta of 1.93. DoorDash, Inc. has a 52 week low of $143.30 and a 52 week high of $285.50. The company has a 50-day simple moving average of $170.19 and a 200 day simple moving average of $210.47. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.41 and a quick ratio of 1.41.
More DoorDash News
Here are the key news stories impacting DoorDash this week:
- Positive Sentiment: Expanded drone delivery with Alphabet’s Wing into Atlanta (adds another market, strengthens DoorDash’s fast-delivery tech advantage and potential unit-cost improvements). Alphabet’s Wing Drone Unit, DoorDash Expand Into Atlanta
- Positive Sentiment: DoorDash launched drone delivery in parts of metro Atlanta (local rollout that demonstrates scaling of non-driver fulfillment). DoorDash launches drone delivery in metro Atlanta
- Positive Sentiment: Pilot with restaurants to deliver food in reusable containers (sustainability initiative that can lower packaging costs, improve margins and appeal to ESG-focused customers). DoorDash partners with restaurants in experiment to deliver food in reusable containers
- Positive Sentiment: Partnership with Foot Locker for on-demand delivery expands DoorDash’s addressable retail market beyond restaurants. Foot Locker partners with DoorDash for on-demand delivery
- Positive Sentiment: Grocery acceptance of SNAP/EBT on DoorDash (Price Chopper/Market 32 and Northeast Grocery additions) broadens grocery TAM and can lift order frequency from lower-income cohorts. Price Chopper/Market 32 customers can use SNAP/EBT benefits for DoorDash delivery
- Neutral Sentiment: DoorDash released a consumer report on where breakfast basics are cheapest (brand/marketing relevance; limited direct near-term financial impact). DoorDash report shows where you can find the lowest price for breakfast basics
- Neutral Sentiment: App tweaks to highlight restaurants that are closing or “going away” (product change aimed at UX/retention; not an immediate revenue driver). DoorDash app designed to help customers find restaurants going away
- Negative Sentiment: Insiders sold shares recently — Stanley Tang sold 21,433 shares (market perception of insider selling can pressure sentiment). Stanley Tang Sells 21,433 Shares of DoorDash (NASDAQ:DASH) Stock
- Negative Sentiment: Reports of larger insider share disposals (~$18.3M reported by some outlets) amplify concerns about insider liquidity and have likely weighed on the stock. DoorDash (DASH) Stock Plummets 45% as Insiders Dump $18.3M in Shares
Institutional Investors Weigh In On DoorDash
Several large investors have recently made changes to their positions in DASH. Rockefeller Capital Management L.P. lifted its holdings in DoorDash by 85.8% during the 4th quarter. Rockefeller Capital Management L.P. now owns 45,958 shares of the company’s stock valued at $10,409,000 after purchasing an additional 21,221 shares during the last quarter. Osbon Capital Management LLC acquired a new stake in DoorDash during the 4th quarter valued at $209,000. World Investment Advisors lifted its holdings in DoorDash by 6.2% during the 4th quarter. World Investment Advisors now owns 4,175 shares of the company’s stock valued at $946,000 after purchasing an additional 243 shares during the last quarter. Sentinel Dome Partners LLC acquired a new stake in DoorDash during the 4th quarter valued at $3,103,000. Finally, Rehmann Capital Advisory Group lifted its holdings in DoorDash by 8.0% during the 4th quarter. Rehmann Capital Advisory Group now owns 1,107 shares of the company’s stock valued at $251,000 after purchasing an additional 82 shares during the last quarter. Institutional investors and hedge funds own 90.64% of the company’s stock.
Analysts Set New Price Targets
DASH has been the subject of several research reports. Zacks Research raised shares of DoorDash from a “strong sell” rating to a “hold” rating in a research note on Thursday, February 12th. BMO Capital Markets reaffirmed an “outperform” rating on shares of DoorDash in a research note on Friday, December 12th. UBS Group decreased their price target on shares of DoorDash from $245.00 to $240.00 and set a “neutral” rating for the company in a research note on Thursday, February 19th. Wolfe Research set a $270.00 price target on shares of DoorDash in a research note on Monday, January 5th. Finally, Barclays cut their price objective on DoorDash from $238.00 to $220.00 and set an “equal weight” rating for the company in a report on Thursday, February 19th. One analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $263.12.
View Our Latest Analysis on DASH
Insiders Place Their Bets
In other DoorDash news, CFO Ravi Inukonda sold 1,017 shares of the firm’s stock in a transaction on Wednesday, January 14th. The stock was sold at an average price of $215.14, for a total transaction of $218,797.38. Following the completion of the sale, the chief financial officer owned 208,412 shares of the company’s stock, valued at $44,837,757.68. This trade represents a 0.49% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Shona L. Brown sold 1,250 shares of the firm’s stock in a transaction on Monday, March 9th. The shares were sold at an average price of $176.61, for a total value of $220,762.50. Following the sale, the director directly owned 31,002 shares of the company’s stock, valued at $5,475,263.22. This represents a 3.88% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 96,673 shares of company stock worth $18,321,784. Company insiders own 5.83% of the company’s stock.
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
Receive News & Ratings for DoorDash Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DoorDash and related companies with MarketBeat.com's FREE daily email newsletter.
