DoorDash (NASDAQ:DASH) Stock Acquired Rep. Josh Gottheimer

Representative Josh Gottheimer (D-New Jersey) recently bought shares of DoorDash, Inc. (NASDAQ:DASH). In a filing disclosed on April 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in DoorDash stock on March 13th. 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 Visa (NYSE:V) on 3/24/2025.
• Sold $1,001 – $15,000 in shares of Spotify Technology (NYSE:SPOT) on 3/24/2025.
• Sold $1,001 – $15,000 in shares of Flywire (NASDAQ:FLYW) on 3/19/2025.
• Sold $1,001 – $15,000 in shares of Disco (OTCMKTS:DSCSY) on 3/19/2025.
• Sold $1,001 – $15,000 in shares of Snowflake (NYSE:SNOW) on 3/19/2025.
• Sold $1,001 – $15,000 in shares of Diageo (NYSE:DEO) on 3/19/2025.
• Sold $1,001 – $15,000 in shares of Shopify (NYSE:SHOP) on 3/19/2025.
• Sold $1,001 – $15,000 in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) on 3/19/2025.
• Sold $1,001 – $15,000 in shares of ServiceNow (NYSE:NOW) on 3/19/2025.
• Sold $1,001 – $15,000 in shares of Tandem Diabetes Care (NASDAQ:TNDM) on 3/19/2025.

DoorDash Price Performance

Shares of NASDAQ:DASH traded up $1.97 during trading on Friday, reaching $180.49. The company had a trading volume of 3,450,830 shares, compared to its average volume of 4,246,202. DoorDash, Inc. has a fifty-two week low of $99.32 and a fifty-two week high of $215.25. The stock’s fifty day moving average price is $190.27 and its 200 day moving average price is $175.56. The firm has a market capitalization of $75.82 billion, a price-to-earnings ratio of 668.48 and a beta of 1.69.

Institutional Trading of DoorDash

Hedge funds have recently added to or reduced their stakes in the business. HighTower Advisors LLC lifted its holdings in DoorDash by 4.6% in the third quarter. HighTower Advisors LLC now owns 21,538 shares of the company’s stock worth $3,054,000 after purchasing an additional 944 shares during the period. Stifel Financial Corp boosted its holdings in shares of DoorDash by 23.0% in the third quarter. Stifel Financial Corp now owns 21,724 shares of the company’s stock valued at $3,101,000 after acquiring an additional 4,056 shares in the last quarter. EP Wealth Advisors LLC acquired a new position in shares of DoorDash during the third quarter valued at approximately $829,000. Orion Portfolio Solutions LLC raised its holdings in DoorDash by 31.1% during the third quarter. Orion Portfolio Solutions LLC now owns 8,206 shares of the company’s stock worth $1,171,000 after purchasing an additional 1,946 shares in the last quarter. Finally, Nomura Asset Management Co. Ltd. lifted its position in DoorDash by 14.9% in the third quarter. Nomura Asset Management Co. Ltd. now owns 110,273 shares of the company’s stock worth $15,739,000 after purchasing an additional 14,310 shares during the period. Institutional investors own 90.64% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently weighed in on DASH. Citigroup reaffirmed a “buy” rating on shares of DoorDash in a report on Saturday, March 8th. Wedbush raised their price target on DoorDash from $160.00 to $210.00 and gave the company a “neutral” rating in a report on Wednesday, February 12th. UBS Group upped their price objective on DoorDash from $200.00 to $204.00 and gave the stock a “neutral” rating in a report on Wednesday, February 12th. Roth Mkm raised their target price on DoorDash from $165.00 to $193.00 and gave the company a “neutral” rating in a report on Wednesday, February 12th. Finally, Mizuho upped their price target on shares of DoorDash from $200.00 to $222.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 12th. Ten analysts have rated the stock with a hold rating and twenty-four have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $207.39.

Insider Buying and Selling at DoorDash

In other news, Director Stanley Tang sold 45,410 shares of the firm’s 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 completion of the sale, the director now directly owns 18,285 shares of the company’s stock, valued at $3,313,424.85. This trade represents a 71.29 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Andy Fang sold 50,000 shares of the business’s stock in a transaction on Monday, January 13th. The stock was sold at an average price of $168.32, for a total value of $8,416,000.00. Following the sale, the director now directly owns 16,176 shares in the company, valued at $2,722,744.32. This trade represents a 75.56 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 208,523 shares of company stock valued at $38,726,620. 7.92% of the stock is owned by corporate insiders.

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.