Rep. Josh Gottheimer Sells Off Shares of DoorDash, Inc. (NASDAQ:DASH)

Representative Josh Gottheimer (D-New Jersey) recently sold shares of DoorDash, Inc. NASDAQ: DASH. In a filing disclosed on May 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in DoorDash stock on April 9th. The trade occurred in the Representative's "MORGAN STANLEY - SELECT UMA ACCOUNT # 1" account.

Representative Josh Gottheimer also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of RTX NYSE: RTX on 4/23/2025.
• Purchased $1,001 - $15,000 in shares of Cheniere Energy NYSE: LNG on 4/22/2025.
• Purchased $1,001 - $15,000 in shares of Techtronic Industries OTCMKTS: TTNDY on 4/21/2025.
• Purchased $1,001 - $15,000 in shares of Tri Pointe Homes NYSE: TPH on 4/21/2025.
• Purchased $1,001 - $15,000 in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk NYSE: TLK on 4/21/2025.
• Sold $1,001 - $15,000 in shares of KKR & Co. Inc. NYSE: KKR on 4/21/2025.
• Purchased $1,001 - $15,000 in shares of D.R. Horton NYSE: DHI on 4/21/2025.
• Purchased $1,001 - $15,000 in shares of Home Depot NYSE: HD on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Hillman Solutions NASDAQ: HLMN on 4/17/2025.
• Sold $1,001 - $15,000 in shares of AbbVie NYSE: ABBV on 4/17/2025.

DoorDash Stock Performance

NASDAQ:DASH opened at $197.10 on Friday. The firm's 50-day moving average is $185.67 and its 200-day moving average is $181.82. The company has a market cap of $82.80 billion, a price-to-earnings ratio of 730.00 and a beta of 1.68. DoorDash, Inc. has a 52-week low of $99.32 and a 52-week high of $215.25.

DoorDash (NASDAQ:DASH - Get Free Report) last released its earnings results on Tuesday, May 6th. The company reported $0.44 earnings per share for the quarter, topping analysts' consensus estimates of $0.39 by $0.05. DoorDash had a return on equity of 1.67% and a net margin of 1.15%. The business had revenue of $3.03 billion for the quarter, compared to the consensus estimate of $3.10 billion. During the same period last year, the business earned ($0.06) earnings per share. The firm's revenue for the quarter was up 20.7% compared to the same quarter last year. Equities analysts predict that DoorDash, Inc. will post 2.22 EPS for the current year.

Insider Transactions at DoorDash

In other DoorDash news, 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 transaction, the general counsel now 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 transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Andy Fang sold 1,398 shares of the firm's stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $203.45, for a total value of $284,423.10. Following the transaction, the director now owns 14,778 shares in the company, valued at approximately $3,006,584.10. This trade represents a 8.64% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 158,573 shares of company stock worth $30,407,073 in the last quarter. 5.83% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several analysts have recently weighed in on DASH shares. Bank of America decreased their price objective on DoorDash from $245.00 to $235.00 and set a "buy" rating on the stock in a report on Monday, April 7th. Roth Capital set a $191.00 target price on DoorDash and gave the stock a "neutral" rating in a research report on Wednesday, May 7th. FBN Securities started coverage on shares of DoorDash in a report on Friday, March 28th. They issued an "outperform" rating and a $230.00 price target on the stock. JPMorgan Chase & Co. dropped their price objective on shares of DoorDash from $205.00 to $175.00 and set a "neutral" rating for the company in a research note on Tuesday, April 8th. Finally, Barclays lifted their target price on shares of DoorDash from $163.00 to $200.00 and gave the company an "equal weight" rating in a research report on Thursday, February 13th. Ten equities research analysts have rated the stock with a hold rating and twenty-four have assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $209.97.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Saudi Central Bank bought a new stake in shares of DoorDash during the first quarter valued at approximately $25,000. WPG Advisers LLC acquired a new stake in DoorDash in the first quarter worth about $26,000. Pittenger & Anderson Inc. bought a new stake in DoorDash during the 4th quarter worth about $29,000. Denver PWM LLC acquired a new position in DoorDash during the 4th quarter valued at about $30,000. Finally, Princeton Global Asset Management LLC bought a new position in shares of DoorDash in the 4th quarter valued at about $34,000. 90.64% of the stock is owned by institutional investors.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey's 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027. Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey's 5th Congressional District. He declared candidacy for the 2026 election. Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025. Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

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.

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