Maplebear Inc. (NASDAQ:CART – Get Free Report) CEO Chris Rogers sold 24,665 shares of the firm’s stock in a transaction that occurred on Monday, October 26th. The shares were sold at an average price of $60.00, for a total value of $1,479,900.00. Following the completion of the transaction, the chief executive officer owned 867,911 shares of the company’s stock, valued at approximately $52,074,660. The trade was a 2.76% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Chris Rogers also recently made the following trade(s):
- On Friday, October 23rd, Chris Rogers sold 24,060 shares of Maplebear stock. The shares were sold at an average price of $55.04, for a total value of $1,324,262.40.
Maplebear Stock Down 2.2%
Shares of CART stock opened at $57.11 on Friday. The stock has a market cap of $13.22 billion, a price-to-earnings ratio of 31.21, a PEG ratio of 1.15 and a beta of 0.87. The business’s fifty day moving average is $48.94 and its 200 day moving average is $43.23. Maplebear Inc. has a twelve month low of $32.73 and a twelve month high of $62.00.
Maplebear (NASDAQ:CART – Get Free Report) last announced its quarterly earnings data on Thursday, October 29th. The company reported $0.60 EPS for the quarter, missing the consensus estimate of $0.63 by ($0.03). The firm had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.07 billion. Maplebear had a net margin of 11.97% and a return on equity of 20.19%. The business’s quarterly revenue was up 16.6% compared to the same quarter last year. During the same period in the prior year, the business posted $0.42 EPS. Equities research analysts expect that Maplebear Inc. will post 2.31 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Maplebear
Several hedge funds and other institutional investors have recently made changes to their positions in the business. Pinnacle Bancorp Inc. purchased a new stake in Maplebear during the first quarter valued at approximately $25,000. NFSG Corp bought a new position in Maplebear in the third quarter worth approximately $26,000. Root Financial Partners LLC purchased a new position in shares of Maplebear during the 3rd quarter worth $27,000. CX Institutional boosted its stake in shares of Maplebear by 91.5% during the 3rd quarter. CX Institutional now owns 944 shares of the company’s stock worth $41,000 after acquiring an additional 451 shares during the last quarter. Finally, Versant Capital Management Inc boosted its stake in shares of Maplebear by 94.7% during the 2nd quarter. Versant Capital Management Inc now owns 1,215 shares of the company’s stock worth $58,000 after acquiring an additional 591 shares during the last quarter. Hedge funds and other institutional investors own 63.09% of the company’s stock.
Trending Headlines about Maplebear
Here are the key news stories impacting Maplebear this week:
- Positive Sentiment: DoorDash agreed to acquire Maplebear in a cash-and-stock transaction valued at approximately $17 billion, or about $65 per CART share. The deal would combine DoorDash’s restaurant-delivery scale with Instacart’s grocery marketplace, creating a larger platform and offering shareholders a significant premium to pre-deal trading levels. DoorDash to acquire Instacart for $17 billion
- Positive Sentiment: Instacart’s third-quarter performance showed continued operating momentum: gross transaction value increased 15% year over year, revenue rose 17%, GAAP net income reached $147 million and adjusted EBITDA climbed 23% to $342 million. DoorDash also expects to preserve the Instacart brand, potentially limiting disruption for customers, retailers and delivery workers. Instacart third-quarter 2026 results
- Neutral Sentiment: The acquisition is expected to close in late 2027 or the first half of 2028, leaving investors exposed to shareholder approval, financing, regulatory review and execution risks. The reported deal value also varies among reports, with some citing approximately $16 billion and others approximately $17 billion in equity value.
- Negative Sentiment: Maplebear reported quarterly EPS of $0.60, below the roughly $0.63–$0.64 analyst consensus, despite revenue of about $1.09 billion exceeding estimates and growing 16.6% year over year. The earnings shortfall is weighing on sentiment alongside the transaction news. Maplebear third-quarter earnings miss
- Negative Sentiment: Several law firms are investigating whether the $65-per-share consideration fairly values Maplebear and whether directors properly handled the sale process. New York City Mayor Zohran Mamdani also warned that the combination could lead to higher prices and worse working conditions, highlighting potential antitrust and political obstacles. Ademi shareholder investigation
Analyst Upgrades and Downgrades
A number of research analysts have issued reports on the company. Citizens Jmp lifted their price objective on Maplebear from $60.00 to $65.00 and gave the company a “market outperform” rating in a research note on Monday. Guggenheim increased their target price on Maplebear from $44.00 to $46.00 and gave the stock a “neutral” rating in a research note on Friday, August 7th. Wall Street Zen downgraded Maplebear from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Barclays raised their price target on Maplebear from $69.00 to $77.00 and gave the company an “overweight” rating in a report on Friday, August 7th. Finally, Oppenheimer boosted their price objective on shares of Maplebear from $60.00 to $65.00 and gave the stock an “outperform” rating in a report on Friday, August 7th. Fourteen analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, Maplebear has a consensus rating of “Moderate Buy” and a consensus price target of $58.53.
View Our Latest Analysis on CART
About Maplebear
Maplebear Inc, doing business as Instacart, operates a technology-enabled grocery marketplace that connects consumers with retailers and personal shoppers. Through its website and mobile applications, customers can order groceries and other household products for delivery or pickup from participating supermarkets, specialty food stores, convenience retailers and other merchants.
The company also provides retailers with e-commerce, fulfillment and advertising solutions. Its platform supports online storefronts, order management, delivery logistics, customer engagement and data-driven marketing, allowing retail partners to offer digital shopping services and reach consumers through Instacart’s marketplace.
Founded in 2012, Maplebear serves customers across the United States and Canada.
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