Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently bought shares of DoorDash, Inc. NASDAQ: DASH. In a filing disclosed on May 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in DoorDash stock on April 8th. The trade occurred in the Representative's "JP MORGAN BROKERAGE ACCOUNT" account.
Representative Robert Bresnahan, Jr. also recently made the following trade(s):
- Sold $1,001 - $15,000 in shares of Meta Platforms NASDAQ: META on 4/17/2025.
- Sold $1,001 - $15,000 in shares of Meta Platforms NASDAQ: META on 4/16/2025.
- Sold $1,001 - $15,000 in shares of Western Digital NASDAQ: WDC on 4/11/2025.
- Purchased $1,001 - $15,000 in shares of Alphabet NASDAQ: GOOG on 4/11/2025.
- Purchased $1,001 - $15,000 in shares of Texas Instruments NASDAQ: TXN on 4/11/2025.
- Purchased $1,001 - $15,000 in shares of NVIDIA NASDAQ: NVDA on 4/11/2025.
- Sold $1,001 - $15,000 in shares of Western Digital NASDAQ: WDC on 4/10/2025.
- Sold $1,001 - $15,000 in shares of DexCom NASDAQ: DXCM on 4/8/2025.
- Sold $1,001 - $15,000 in shares of Invesco NYSE: IVZ on 4/8/2025.
- Sold $1,001 - $15,000 in shares of Generac NYSE: GNRC on 4/8/2025.
DoorDash Price Performance
Shares of DASH stock traded up $1.69 during trading hours on Tuesday, reaching $193.79. 571,214 shares of the company's stock were exchanged, compared to its average volume of 4,167,248. The company's 50 day moving average is $184.56 and its two-hundred day moving average is $181.30. The company has a market cap of $81.41 billion, a P/E ratio of 717.74 and a beta of 1.68. DoorDash, Inc. has a 1 year low of $99.32 and a 1 year high of $215.25.
DoorDash (NASDAQ:DASH - Get Free Report) last released its quarterly earnings data on Tuesday, May 6th. The company reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.39 by $0.05. DoorDash had a return on equity of 1.67% and a net margin of 1.15%. The firm had revenue of $3.03 billion during the quarter, compared to analysts' expectations of $3.10 billion. During the same quarter in the prior year, the business posted ($0.06) earnings per share. DoorDash's revenue was up 20.7% compared to the same quarter last year. As a group, analysts predict that DoorDash, Inc. will post 2.22 EPS for the current fiscal year.
Institutional Investors Weigh In On DoorDash
Hedge funds and other institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. boosted its position in DoorDash by 25.8% during the 1st quarter. Vanguard Group Inc. now owns 39,397,286 shares of the company's stock valued at $7,200,642,000 after purchasing an additional 8,073,882 shares during the period. Norges Bank acquired a new position in shares of DoorDash during the fourth quarter valued at $597,443,000. Capital World Investors grew its position in shares of DoorDash by 26.4% during the fourth quarter. Capital World Investors now owns 12,153,265 shares of the company's stock worth $2,038,712,000 after acquiring an additional 2,538,160 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in shares of DoorDash by 67.1% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 4,654,891 shares of the company's stock worth $780,858,000 after acquiring an additional 1,869,866 shares during the period. Finally, Invesco Ltd. lifted its position in DoorDash by 41.9% in the 1st quarter. Invesco Ltd. now owns 4,799,851 shares of the company's stock valued at $877,269,000 after purchasing an additional 1,416,194 shares during the last quarter. Institutional investors own 90.64% of the company's stock.
Insider Buying and Selling at DoorDash
In other news, CFO Ravi Inukonda sold 15,198 shares of the business's stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $204.11, for a total transaction of $3,102,063.78. Following the completion of the transaction, the chief financial officer now directly owns 351,970 shares in the company, valued at approximately $71,840,596.70. The trade was a 4.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, COO Prabir Adarkar sold 20,000 shares of the firm's stock in a transaction that occurred on Thursday, April 24th. The shares were sold at an average price of $184.85, for a total value of $3,697,000.00. Following the completion of the sale, the chief operating officer now owns 887,348 shares in the company, valued at approximately $164,026,277.80. This represents a 2.20% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 158,573 shares of company stock valued at $30,407,073 in the last ninety days. Company insiders own 7.92% of the company's stock.
Analyst Ratings Changes
DASH has been the subject of a number of research analyst reports. Roth Mkm increased their price target on shares of DoorDash from $165.00 to $193.00 and gave the company a "neutral" rating in a report on Wednesday, February 12th. Morgan Stanley dropped their target price on shares of DoorDash from $245.00 to $210.00 and set an "overweight" rating for the company in a report on Thursday, April 17th. Barclays boosted 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 raised their price target on DoorDash from $220.00 to $225.00 and gave the stock a "buy" rating in a research report on Wednesday, May 7th. Finally, FBN Securities began coverage on shares of DoorDash in a research note on Friday, March 28th. They set an "outperform" rating and a $230.00 price objective on the stock. Ten equities research analysts have rated the stock with a hold rating and twenty-four have given a buy rating to the company's stock. Based on data from MarketBeat.com, DoorDash currently has a consensus rating of "Moderate Buy" and an average target price of $209.97.
View Our Latest Research Report on DASH
About Representative Bresnahan
Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania's 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania's 8th Congressional District. He declared candidacy for the 2026 election.
Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.
DoorDash Company Profile
(
Get Free Report)
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.
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