Rep. Byron Donalds Sells DoorDash, Inc. (NASDAQ:DASH) Stock

Representative Byron Donalds (R-Florida) recently sold shares of DoorDash, Inc. NASDAQ: DASH. In a filing disclosed on April 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in DoorDash stock on March 20th. The trade occurred in the Representative's "MORAN WEALTH IRA" account.

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

• Sold $1,001 - $15,000 in shares of GoDaddy NYSE: GDDY on 3/20/2025.
• Purchased $1,001 - $15,000 in shares of Arista Networks NYSE: ANET on 3/20/2025.
• Sold $1,001 - $15,000 in shares of Robinhood Markets NASDAQ: HOOD on 3/20/2025.
• Purchased $1,001 - $15,000 in shares of Abbott Laboratories NYSE: ABT on 3/20/2025.
• Sold $1,001 - $15,000 in shares of Gartner NYSE: IT on 3/20/2025.
• Purchased $1,001 - $15,000 in shares of Chipotle Mexican Grill NYSE: CMG on 3/20/2025.
• Sold $1,001 - $15,000 in shares of Equifax NYSE: EFX on 3/20/2025.
• Purchased $1,001 - $15,000 in shares of Tradeweb Markets NASDAQ: TW on 3/20/2025.
• Sold $1,001 - $15,000 in shares of JPMorgan Chase & Co. NYSE: JPM on 3/20/2025.
• Purchased $1,001 - $15,000 in shares of Fiserv NYSE: FI on 3/20/2025.

DoorDash Stock Up 3.6 %

Shares of DASH traded up $6.24 during mid-day trading on Tuesday, reaching $178.06. The company's stock had a trading volume of 514,747 shares, compared to its average volume of 4,236,896. DoorDash, Inc. has a 1 year low of $99.32 and a 1 year high of $215.25. The company has a market cap of $74.80 billion, a price-to-earnings ratio of 659.59 and a beta of 1.69. The business has a fifty day moving average of $188.32 and a 200 day moving average of $177.10.

Analysts Set New Price Targets

DASH has been the subject of several research reports. BMO Capital Markets restated an "outperform" rating and set a $240.00 price target (up from $180.00) on shares of DoorDash in a report on Wednesday, February 12th. Oppenheimer restated a "hold" rating on shares of DoorDash in a report on Monday, March 10th. Wedbush lifted their price objective on DoorDash from $160.00 to $210.00 and gave the company a "neutral" rating in a research report on Wednesday, February 12th. Barclays raised their price target on DoorDash from $163.00 to $200.00 and gave the stock an "equal weight" rating in a research note on Thursday, February 13th. Finally, Piper Sandler restated a "neutral" rating and issued a $210.00 price objective (up previously from $160.00) on shares of DoorDash in a report on Wednesday, February 12th. Ten investment analysts have rated the stock with a hold rating and twenty-three have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $208.88.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Praxis Investment Management Inc. lifted its holdings in shares of DoorDash by 24.8% during the 1st quarter. Praxis Investment Management Inc. now owns 10,120 shares of the company's stock worth $1,850,000 after acquiring an additional 2,010 shares during the period. Mizuho Securities Co. Ltd. raised its position in DoorDash by 150.0% in the first quarter. Mizuho Securities Co. Ltd. now owns 300 shares of the company's stock worth $55,000 after purchasing an additional 180 shares in the last quarter. ORG Partners LLC lifted its stake in DoorDash by 404.0% during the first quarter. ORG Partners LLC now owns 252 shares of the company's stock worth $46,000 after purchasing an additional 202 shares during the period. Retirement Systems of Alabama bought a new position in DoorDash during the first quarter worth about $13,325,000. Finally, Blue Trust Inc. boosted its holdings in DoorDash by 418.3% during the first quarter. Blue Trust Inc. now owns 2,633 shares of the company's stock valued at $481,000 after purchasing an additional 2,125 shares in the last quarter. 90.64% of the stock is owned by institutional investors.

Insider Transactions at DoorDash

In related news, 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 transaction of $2,459,303.60. Following the completion of the transaction, the general counsel now directly owns 122,135 shares of the company's stock, valued at $24,848,365.75. This trade represents a 9.01 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, COO Prabir Adarkar sold 20,000 shares of the company's stock in a transaction dated Thursday, January 23rd. The stock was sold at an average price of $180.83, for a total transaction of $3,616,600.00. Following the sale, the chief operating officer now directly owns 925,222 shares in the company, valued at $167,307,894.26. This represents a 2.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 158,511 shares of company stock valued at $30,308,544. Corporate 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.