Maplebear (NASDAQ:CART) Director Sells $7,513,310.00 in Stock

Posted by on Jun 4th, 2026

Maplebear Inc. (NASDAQ:CART – Get Free Report) Director Ravi Gupta sold 181,000 shares of the stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $41.51, for a total value of $7,513,310.00. Following the completion of the sale, the director directly owned 741,523 shares of the company’s stock, valued at $30,780,619.73. The trade was a 19.62% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Maplebear Trading Up 3.8%

Shares of CART stock traded up $1.50 on Thursday, hitting $41.48. 3,543,807 shares of the stock were exchanged, compared to its average volume of 4,667,896. Maplebear Inc. has a one year low of $32.73 and a one year high of $53.50. The firm’s 50 day moving average is $40.30 and its two-hundred day moving average is $40.22. The firm has a market capitalization of $9.75 billion, a PE ratio of 23.17, a P/E/G ratio of 0.56 and a beta of 0.88.

Maplebear (NASDAQ:CART – Get Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $0.57 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.01). The business had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $1.01 billion. Maplebear had a net margin of 12.50% and a return on equity of 18.67%. The business’s revenue was up 13.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.37 EPS. On average, sell-side analysts expect that Maplebear Inc. will post 2.43 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts have commented on the company. Wells Fargo & Company upped their price target on Maplebear from $45.00 to $47.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 7th. Weiss Ratings raised Maplebear from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, May 11th. Raymond James Financial raised Maplebear from a “hold” rating to a “moderate buy” rating in a research report on Thursday, April 9th. Benchmark lowered their target price on shares of Maplebear from $60.00 to $53.00 and set a “buy” rating for the company in a research note on Tuesday, February 10th. Finally, Wall Street Zen lowered Maplebear from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $51.09.

Get Our Latest Report on Maplebear

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. Pinnacle Bancorp Inc. purchased a new stake in Maplebear during the 1st quarter valued at approximately $25,000. PenderFund Capital Management Ltd. acquired a new stake in shares of Maplebear during the fourth quarter valued at about $27,000. Hantz Financial Services Inc. grew its stake in shares of Maplebear by 78.6% during the third quarter. Hantz Financial Services Inc. now owns 884 shares of the company’s stock valued at $32,000 after acquiring an additional 389 shares in the last quarter. Allworth Financial LP grew its stake in Maplebear by 35.7% in the third quarter. Allworth Financial LP now owns 928 shares of the company’s stock worth $34,000 after purchasing an additional 244 shares in the last quarter. Finally, Abich Financial Wealth Management LLC bought a new position in Maplebear in the third quarter worth about $43,000. 63.09% of the stock is owned by institutional investors and hedge funds.

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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