Key Points
- Maplebear CAO Lisa Blackwood‑Kapral sold 9,390 shares on March 16 at an average price of $38.74, reducing her position by 16.5% to 47,510 shares and generating about $363,769 in proceeds.
- CART valuation and trading range — the stock opened at $37.79, trades in a 52‑week range of $32.73–$53.50, and has a market cap of $9.09 billion with a trailing P/E of 23.77.
- Analyst consensus — analysts are mixed but MarketBeat shows a consensus "Hold" rating with a $51.04 target (1 Strong Buy, 13 Buy, 11 Hold, 2 Sell).
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Maplebear Inc. (NASDAQ:CART - Get Free Report) CAO Lisa Blackwood-Kapral sold 9,390 shares of the firm's stock in a transaction on Monday, March 16th. The stock was sold at an average price of $38.74, for a total value of $363,768.60. Following the completion of the transaction, the chief accounting officer owned 47,510 shares in the company, valued at $1,840,537.40. The trade was a 16.50% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.
Maplebear Stock Down 1.0%
CART stock opened at $37.79 on Thursday. Maplebear Inc. has a 52 week low of $32.73 and a 52 week high of $53.50. The business has a 50-day simple moving average of $37.64 and a 200 day simple moving average of $40.36. The company has a market cap of $9.09 billion, a PE ratio of 23.77, a price-to-earnings-growth ratio of 0.58 and a beta of 0.98.
Hedge Funds Weigh In On Maplebear
Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Stance Capital LLC lifted its stake in shares of Maplebear by 8.0% in the 4th quarter. Stance Capital LLC now owns 31,309 shares of the company's stock valued at $1,408,000 after acquiring an additional 2,324 shares during the last quarter. Corient Private Wealth LLC acquired a new position in Maplebear in the 4th quarter worth about $912,000. Pacer Advisors Inc. increased its holdings in Maplebear by 43.6% in the 4th quarter. Pacer Advisors Inc. now owns 1,128,151 shares of the company's stock worth $50,744,000 after purchasing an additional 342,283 shares in the last quarter. Compound Planning Inc. raised its position in Maplebear by 2.8% in the fourth quarter. Compound Planning Inc. now owns 19,347 shares of the company's stock valued at $870,000 after purchasing an additional 523 shares during the last quarter. Finally, Invesco Ltd. boosted its stake in shares of Maplebear by 11.2% during the fourth quarter. Invesco Ltd. now owns 1,777,389 shares of the company's stock valued at $79,947,000 after purchasing an additional 179,459 shares in the last quarter. Institutional investors own 63.09% of the company's stock.
Wall Street Analysts Forecast Growth
A number of research analysts recently issued reports on the stock. Fox Advisors cut shares of Maplebear from a "strong-buy" rating to a "hold" rating in a research note on Thursday, December 18th. Benchmark cut their target price on Maplebear from $60.00 to $53.00 and set a "buy" rating for the company in a research note on Tuesday, February 10th. BNP Paribas Exane started coverage on Maplebear in a report on Wednesday, January 14th. They issued an "underperform" rating and a $41.00 target price on the stock. Jefferies Financial Group boosted their price target on Maplebear from $41.00 to $48.00 and gave the stock a "hold" rating in a report on Thursday, December 11th. Finally, Needham & Company LLC upped their price objective on Maplebear from $50.00 to $55.00 and gave the stock a "buy" rating in a research report on Friday, February 13th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $51.04.
Check Out Our Latest Report on Maplebear
Maplebear Company Profile
(
Get Free Report)
Maplebear, Inc, doing business as Instacart, operates a leading online grocery and essentials marketplace that connects consumers, retail partners and personal shoppers through its digital platform. The company enables customers to order groceries, household items and specialty products for same-day or scheduled delivery, as well as in-store pickup. By integrating its technology with retailers' existing inventory and point-of-sale systems, Maplebear streamlines the shopping experience and provides real-time availability and pricing.
Founded in 2012 and headquartered in San Francisco, Maplebear has grown from a regional startup to a publicly traded company listed on NASDAQ under the ticker CART.
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