Rep. Lisa C. McClain Sells Maplebear Inc. (NASDAQ:CART) Shares

Representative Lisa C. McClain (R-Michigan) recently sold shares of Maplebear Inc. (NASDAQ:CART). In a filing disclosed on October 22nd, the Representative disclosed that they had sold between $1,001 and $15,000 in Maplebear stock on September 25th. The trade occurred in the Representative’s “CHARLES SCHWAB BROKERAGE ACCOUNT 924” account.

Representative Lisa C. McClain also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of FMC (NYSE:FMC) on 9/25/2025.
• Sold $1,001 – $15,000 in shares of Merit Medical Systems (NASDAQ:MMSI) on 9/25/2025.
• Purchased $1,001 – $15,000 in shares of Darden Restaurants (NYSE:DRI) on 9/25/2025.
• Purchased $1,001 – $15,000 in shares of ASML (NASDAQ:ASML) on 9/25/2025.
• Purchased $1,001 – $15,000 in shares of Kenvue (NYSE:KVUE) on 9/25/2025.
• Sold $1,001 – $15,000 in shares of Beacon Financial (NYSE:BBT) on 9/25/2025.
• Sold $1,001 – $15,000 in shares of British American Tobacco (NYSE:BTI) on 9/25/2025.
• Purchased $1,001 – $15,000 in shares of Rollins (NYSE:ROL) on 9/25/2025.
• Purchased $1,001 – $15,000 in shares of SAP (NYSE:SAP) on 9/25/2025.
• Purchased $1,001 – $15,000 in shares of MGP Ingredients (NASDAQ:MGPI) on 9/25/2025.

Maplebear Stock Down 0.1%

Shares of CART stock opened at $39.42 on Friday. The company has a 50 day moving average of $42.17 and a 200-day moving average of $44.19. Maplebear Inc. has a 12-month low of $34.87 and a 12-month high of $53.50. The firm has a market cap of $10.38 billion, a P/E ratio of 22.79, a PEG ratio of 1.21 and a beta of 1.10.

Maplebear (NASDAQ:CART) last released its quarterly earnings data on Thursday, August 7th. The company reported $0.41 EPS for the quarter, topping the consensus estimate of $0.39 by $0.02. The company had revenue of $914.00 million during the quarter, compared to the consensus estimate of $896.55 million. Maplebear had a net margin of 13.76% and a return on equity of 15.69%. Maplebear’s revenue for the quarter was up 11.1% on a year-over-year basis. During the same period last year, the firm earned $0.20 EPS. As a group, equities analysts expect that Maplebear Inc. will post 1.43 EPS for the current year.

Hedge Funds Weigh In On Maplebear

A number of large investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its position in Maplebear by 3.4% in the 1st quarter. Vanguard Group Inc. now owns 16,514,830 shares of the company’s stock worth $658,777,000 after purchasing an additional 546,472 shares during the period. Victory Capital Management Inc. raised its position in Maplebear by 62.8% in the 1st quarter. Victory Capital Management Inc. now owns 7,368,232 shares of the company’s stock worth $293,919,000 after purchasing an additional 2,841,559 shares during the period. T. Rowe Price Investment Management Inc. raised its position in Maplebear by 10.2% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 5,226,979 shares of the company’s stock worth $208,505,000 after purchasing an additional 482,327 shares during the period. State Street Corp raised its position in Maplebear by 1.3% in the 2nd quarter. State Street Corp now owns 5,101,870 shares of the company’s stock worth $230,809,000 after purchasing an additional 66,588 shares during the period. Finally, Boston Partners raised its position in Maplebear by 93.3% in the 2nd quarter. Boston Partners now owns 3,961,838 shares of the company’s stock worth $179,261,000 after purchasing an additional 1,911,771 shares during the period. Hedge funds and other institutional investors own 63.09% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently commented on the stock. Wedbush reaffirmed an “underperform” rating and issued a $42.00 price objective (down from $55.00) on shares of Maplebear in a report on Thursday, August 21st. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Maplebear in a report on Tuesday, October 14th. Mizuho initiated coverage on shares of Maplebear in a report on Tuesday, September 30th. They issued a “neutral” rating and a $45.00 price target for the company. BTIG Research reissued a “neutral” rating and issued a $55.00 price target on shares of Maplebear in a report on Tuesday, September 30th. Finally, Wells Fargo & Company cut their price target on shares of Maplebear from $57.00 to $47.00 and set an “equal weight” rating for the company in a report on Friday, October 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $52.40.

Insider Buying and Selling

In related news, General Counsel Morgan Fong sold 3,546 shares of Maplebear stock in a transaction on Monday, October 20th. The shares were sold at an average price of $38.85, for a total value of $137,762.10. Following the transaction, the general counsel owned 427,523 shares in the company, valued at $16,609,268.55. This trade represents a 0.82% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Chris Rogers sold 9,259 shares of Maplebear stock in a transaction on Monday, September 22nd. The stock was sold at an average price of $42.37, for a total transaction of $392,303.83. Following the completion of the transaction, the chief executive officer owned 739,880 shares in the company, valued at approximately $31,348,715.60. The trade was a 1.24% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 27,556 shares of company stock worth $1,179,482 in the last 90 days. 26.00% of the stock is owned by company insiders.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan’s 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.

McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan’s 9th Congressional District. She declared candidacy for the 2026 election.

Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor’s degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

About Maplebear

Maplebear Inc, doing business as Instacart, engages in the provision of online grocery shopping services to households in North America. It sells and delivers grocery products, as well as pickup services through a mobile application and website. It also operates virtual convenience stores; and provides software-as-a-service solutions to retailers.