DoorDash (NASDAQ:DASH) Shares Acquired Rep. Byron Donalds

Representative Byron Donalds (R-Florida) recently bought shares of DoorDash, Inc. (NASDAQ:DASH). In a filing disclosed on March 25th, the Representative disclosed that they had bought between $1,001 and $15,000 in DoorDash stock on February 13th. The trade occurred in the Representative’s “MORAN WEALTH IRA” account.

Representative Byron Donalds also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Fortinet (NASDAQ:FTNT) on 2/13/2025.
• Sold $1,001 – $15,000 in shares of FactSet Research Systems (NYSE:FDS) on 2/13/2025.
• Sold $1,001 – $15,000 in shares of RLI (NYSE:RLI) on 1/21/2025.
• Purchased $1,001 – $15,000 in shares of GoDaddy (NYSE:GDDY) on 1/21/2025.
• Purchased $1,001 – $15,000 in shares of First Citizens BancShares (NASDAQ:FCNCA) on 1/21/2025.
• Purchased $1,001 – $15,000 in shares of GoDaddy (NYSE:GDDY) on 1/16/2025.
• Sold $1,001 – $15,000 in shares of RLI (NYSE:RLI) on 1/16/2025.
• Purchased $1,001 – $15,000 in shares of First Citizens BancShares (NASDAQ:FCNCA) on 1/16/2025.
• Sold $1,001 – $15,000 in shares of Merck & Co., Inc. (NYSE:MRK) on 1/16/2025.

DoorDash Trading Up 0.6 %

Shares of DASH opened at $194.02 on Friday. The company’s fifty day simple moving average is $191.84 and its 200-day simple moving average is $171.37. The company has a market cap of $81.51 billion, a P/E ratio of 718.59 and a beta of 1.70. DoorDash, Inc. has a twelve month low of $99.32 and a twelve month high of $215.25.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Barclays increased their price objective on shares of DoorDash from $163.00 to $200.00 and gave the stock an “equal weight” rating in a research report on Thursday, February 13th. Benchmark increased their target price on DoorDash from $180.00 to $220.00 and gave the stock a “buy” rating in a research note on Tuesday, February 11th. JPMorgan Chase & Co. boosted their target price on shares of DoorDash from $155.00 to $205.00 and gave the company a “neutral” rating in a research note on Wednesday, February 12th. Bank of America boosted their price objective on shares of DoorDash from $205.00 to $245.00 and gave the company a “buy” rating in a research report on Wednesday, February 12th. Finally, Citigroup reaffirmed a “buy” rating on shares of DoorDash in a research report on Saturday, March 8th. Ten equities research analysts have rated the stock with a hold rating and twenty-four have issued a buy rating to the company. Based on data from MarketBeat.com, DoorDash has a consensus rating of “Moderate Buy” and a consensus target price of $206.52.

Institutional Investors Weigh In On DoorDash

Several institutional investors have recently added to or reduced their stakes in the business. Pittenger & Anderson Inc. acquired a new stake in DoorDash in the 4th quarter worth approximately $29,000. Denver PWM LLC purchased a new stake in DoorDash during the 4th quarter valued at about $30,000. Princeton Global Asset Management LLC acquired a new position in shares of DoorDash in the fourth quarter valued at about $34,000. ORG Wealth Partners LLC purchased a new position in shares of DoorDash in the fourth quarter worth about $36,000. Finally, IFP Advisors Inc lifted its holdings in shares of DoorDash by 31.8% during the fourth quarter. IFP Advisors Inc now owns 224 shares of the company’s stock worth $37,000 after purchasing an additional 54 shares during the period. Institutional investors and hedge funds own 90.64% of the company’s stock.

Insider Activity at DoorDash

In other DoorDash news, CFO Ravi Inukonda sold 7,000 shares of the company’s stock in a transaction on Monday, December 30th. The shares were sold at an average price of $169.32, for a total value of $1,185,240.00. Following the sale, the chief financial officer now directly owns 366,993 shares of the company’s stock, valued at approximately $62,139,254.76. This represents a 1.87 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, General Counsel Tia Sherringham sold 12,088 shares of DoorDash stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $203.45, for a total value of $2,459,303.60. Following the transaction, the general counsel now owns 122,135 shares of the company’s stock, valued at $24,848,365.75. The trade was a 9.01 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 358,445 shares of company stock worth $63,443,370 over the last quarter. Insiders own 7.92% of the company’s stock.

About Representative Donalds

Byron Donalds (Republican Party) is a member of the U.S. House, representing Florida’s 19th Congressional District. He assumed office on January 3, 2021. His current term ends on January 3, 2027.

Donalds (Republican Party) is running for re-election to the U.S. House to represent Florida’s 19th Congressional District. He declared candidacy for the 2026 election.

Byron Donalds was born in Brooklyn, New York, and lives in Naples, Florida. Donalds earned a bachelor’s degree in finance and marketing from Florida State University in 2002. His career experience includes working as a commercial credit officer in banking and as a portfolio manager in financial services.

DoorDash Company Profile

DoorDash, Inc, together with its subsidiaries, operates a commerce platform that connects merchants, consumers, and independent contractors in the United States and internationally. The company operates DoorDash Marketplace and Wolt Marketplace, which provide various services, such as customer acquisition, demand generation, order fulfillment, merchandising, payment processing, and customer support.