Rep. Gilbert Ray Cisneros, Jr. Acquires 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 June 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in DoorDash stock on May 29th. 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 SoftBank Group (OTCMKTS:SFTBF) on 6/2/2026.
• Purchased $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 5/29/2026.
• Sold $1,001 – $15,000 in shares of AutoZone (NYSE:AZO) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Independent Bank (NASDAQ:INDB) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Arcutis Biotherapeutics (NASDAQ:ARQT) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of HealthEquity (NASDAQ:HQY) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Boston Scientific (NYSE:BSX) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Perella Weinberg Partners (NASDAQ:PWP) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Cooper Companies (NASDAQ:COO) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Ligand Pharmaceuticals (NASDAQ:LGND) on 5/29/2026.

DoorDash Stock Performance

Shares of NASDAQ DASH traded down $4.67 during trading on Wednesday, reaching $151.00. 3,493,648 shares of the company traded hands, compared to its average volume of 4,892,538. The firm has a 50 day simple moving average of $162.59 and a 200-day simple moving average of $184.92. DoorDash, Inc. has a 52-week low of $143.30 and a 52-week high of $285.50. The stock has a market capitalization of $65.79 billion, a PE ratio of 71.91 and a beta of 1.83. 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 (NASDAQ:DASH) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $0.42 earnings per share for the quarter, beating analysts’ consensus estimates of $0.36 by $0.06. DoorDash had a net margin of 6.29% and a return on equity of 9.58%. The company had revenue of $4.04 billion for the quarter, compared to the consensus estimate of $4.15 billion. During the same quarter in the prior year, the firm earned $0.44 earnings per share. The firm’s revenue for the quarter was up 33.1% compared to the same quarter last year. Equities research analysts anticipate that DoorDash, Inc. will post 2.45 earnings per share for the current year.

DoorDash News Roundup

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: DoorDash was mentioned among the CPG brands targeting the massive 2026 World Cup spending opportunity, highlighting its potential to benefit from major brand ad and retail-media budgets tied to the event. Coca-Cola, PepsiCo, Mars and DoorDash among CPG brands chasing $7.5 billion World Cup spend
• Positive Sentiment: A report suggested DoorDash could become a reliable late-night resource for the entertainment industry, implying expanding demand beyond standard meal delivery and possibly improving order volume. DoorDash May Become the Entertainment Industry’s Most Reliable Late-Night Resource
• Positive Sentiment: One article framed rising dependence on parents as a trend that could support consumer-spending-related stocks, including DoorDash, which may benefit from discretionary delivery demand. The Bank of Mom and Dad Is Booming—3 Stocks to Watch (DASH)
• Neutral Sentiment: Options activity has picked up, which can signal that traders expect a larger move in DoorDash stock, but the report does not indicate the direction. Do Options Traders Know Something About DoorDash Stock We Don’t?
• Neutral Sentiment: There was also a short-interest update, but the figures reported were effectively zero, so it does not provide a meaningful new signal for investors.
• Negative Sentiment: Competition appears to be intensifying as Walmart expands services and teams up with another fast-food chain to challenge DoorDash and Uber Eats, which could pressure growth and market share. Walmart adds new service to compete with DoorDash, UberEats
• Negative Sentiment: DoorDash and Instacart are facing a critical FTC fight over consumer fees, creating a regulatory overhang that could affect pricing power and margins. DoorDash, Instacart face critical FTC fight over consumer fees

Institutional Trading of DoorDash

Hedge funds and other institutional investors have recently modified their holdings of the company. Eastern Bank lifted its stake in shares of DoorDash by 714.3% during the 4th quarter. Eastern Bank now owns 114 shares of the company’s stock valued at $26,000 after buying an additional 100 shares in the last quarter. MV Capital Management Inc. bought a new stake in DoorDash during the fourth quarter valued at about $26,000. Swiss RE Ltd. purchased a new position in shares of DoorDash in the fourth quarter valued at about $28,000. ST Germain D J Co. Inc. bought a new position in shares of DoorDash in the fourth quarter worth about $29,000. Finally, Kemnay Advisory Services Inc. purchased a new stake in shares of DoorDash during the fourth quarter worth about $32,000. 90.64% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the company. TD Cowen initiated coverage on DoorDash in a research note on Monday, April 27th. They issued a “buy” rating and a $225.00 price target on the stock. Bank of America boosted their price target on DoorDash from $260.00 to $272.00 and gave the company a “buy” rating in a research note on Thursday, February 19th. Piper Sandler reduced their price target on shares of DoorDash from $220.00 to $205.00 and set a “neutral” rating for the company in a research report on Thursday, May 7th. Sanford C. Bernstein dropped their price objective on shares of DoorDash from $285.00 to $270.00 and set an “outperform” rating on the stock in a report on Thursday, February 19th. Finally, The Goldman Sachs Group set a $280.00 target price on shares of DoorDash in a report on Thursday, May 7th. Two analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $259.58.

Insiders Place Their Bets

In other news, Director Stanley Tang sold 21,433 shares of DoorDash stock in a transaction that occurred 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 owned 19,279 shares in the company, valued at $2,891,850. This trade represents a 52.65% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Tia Sherringham sold 2,743 shares of the business’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $160.79, for a total transaction of $441,046.97. Following the completion of the transaction, the general counsel directly owned 128,216 shares in the company, valued at $20,615,850.64. This trade represents a 2.09% 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. Insiders sold a total of 68,558 shares of company stock worth $10,914,640 over the last quarter. 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.