DoorDash (NASDAQ:DASH) Stock Acquired Rep. Tim Moore

Representative Tim Moore (R-North Carolina) recently bought shares of DoorDash, Inc. NASDAQ: DASH. In a filing disclosed on April 14th, the Representative disclosed that they had bought between $15,001 and $50,000 in DoorDash stock on March 4th. The trade occurred in the Representative's "TRADEWINDS" account.

Representative Tim Moore also recently made the following trade(s):

• Purchased $15,001 - $50,000 in shares of American Airlines Group NASDAQ: AAL on 3/31/2025.
• Purchased $15,001 - $50,000 in shares of Ford Motor NYSE: F on 3/31/2025.
• Sold $15,001 - $50,000 in shares of Harley-Davidson NYSE: HOG on 3/25/2025.
• Sold $100,001 - $250,000 in shares of American Airlines Group NASDAQ: AAL on 3/20/2025.
• Purchased $15,001 - $50,000 in shares of American Airlines Group NASDAQ: AAL on 3/14/2025.
• Purchased $15,001 - $50,000 in shares of Harley-Davidson NYSE: HOG on 3/14/2025.
• Purchased $50,001 - $100,000 in shares of American Airlines Group NASDAQ: AAL on 3/13/2025.
• Purchased $50,001 - $100,000 in shares of American Airlines Group NASDAQ: AAL on 3/12/2025.
• Sold $50,001 - $100,000 in shares of Ford Motor NYSE: F on 3/10/2025.
• Sold $100,001 - $250,000 in shares of Harley-Davidson NYSE: HOG on 3/10/2025.

DoorDash Trading Up 3.7 %

NASDAQ:DASH traded up $6.31 during mid-day trading on Tuesday, hitting $178.13. The company had a trading volume of 1,165,904 shares, compared to its average volume of 5,482,295. DoorDash, Inc. has a 1 year low of $99.32 and a 1 year high of $215.24. The business has a fifty day simple moving average of $188.32 and a 200-day simple moving average of $177.10. The firm has a market capitalization of $74.83 billion, a price-to-earnings ratio of 659.72 and a beta of 1.69.

Insider Activity

In other news, Director Stanley Tang sold 45,410 shares of DoorDash stock in a transaction on Tuesday, April 1st. The stock was sold at an average price of $181.21, for a total transaction of $8,228,746.10. Following the transaction, the director now owns 18,285 shares in the company, valued at approximately $3,313,424.85. The trade was a 71.29 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, General Counsel Tia Sherringham sold 12,088 shares of the stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $203.45, for a total value of $2,459,303.60. Following the completion of the sale, the general counsel now directly owns 122,135 shares of the company's stock, valued at approximately $24,848,365.75. This represents a 9.01 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 158,511 shares of company stock worth $30,308,544 over the last 90 days. 7.92% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on DASH shares. Mizuho boosted their price target on DoorDash from $200.00 to $222.00 and gave the stock an "outperform" rating in a research report on Wednesday, February 12th. Wedbush upped their target price on shares of DoorDash from $160.00 to $210.00 and gave the company a "neutral" rating in a research note on Wednesday, February 12th. Roth Mkm lifted their price target on shares of DoorDash from $165.00 to $193.00 and gave the stock a "neutral" rating in a research note on Wednesday, February 12th. Royal Bank of Canada upped their price objective on shares of DoorDash from $215.00 to $230.00 and gave the company an "outperform" rating in a research report on Wednesday, February 12th. Finally, FBN Securities began coverage on DoorDash in a research note on Friday, March 28th. They set an "outperform" rating and a $230.00 target price for the company. Ten research analysts have rated the stock with a hold rating and twenty-three have given a buy rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $208.88.

Institutional Trading of DoorDash

Hedge funds and other institutional investors have recently made changes to their positions in the business. Pittenger & Anderson Inc. acquired a new position in shares of DoorDash in the 4th quarter worth $29,000. Denver PWM LLC purchased a new stake in DoorDash during the fourth quarter valued at about $30,000. Princeton Global Asset Management LLC acquired a new position in shares of DoorDash in the fourth quarter worth about $34,000. ORG Wealth Partners LLC purchased a new position in shares of DoorDash in the fourth quarter worth approximately $36,000. Finally, IFP Advisors Inc increased its position in shares of DoorDash by 31.8% in the fourth quarter. IFP Advisors Inc now owns 224 shares of the company's stock worth $37,000 after acquiring an additional 54 shares in the last quarter. 90.64% of the stock is currently owned by institutional investors.

About Representative Moore

Timothy K. Moore (Republican Party) is a member of the U.S. House, representing North Carolina's 14th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Moore (Republican Party) ran for election to the U.S. House to represent North Carolina's 14th Congressional District. He won in the general election on November 5, 2024. Moore served as speaker of the House from 2015 to 2025. Timothy Moore earned his B.A. from the University of North Carolina-Chapel Hill in 1992 and his J.D. from the Oklahoma City University School of Law in 1995. His professional experience includes working as an attorney.

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.