University of Texas Texas AM Investment Management Co. Acquires New Holdings in Maplebear Inc. $CART

Posted by George Bondi on Nov 9th, 2026

University of Texas Texas AM Investment Management Co. bought a new stake in Maplebear Inc. (NASDAQ:CART – Free Report) in the 3rd quarter, HoldingsChannel.com reports. The firm bought 32,004 shares of the company’s stock, valued at approximately $1,380,000.

Several other large investors have also modified their holdings of the stock. NFSG Corp purchased a new position in shares of Maplebear in the 3rd quarter valued at $26,000. Root Financial Partners LLC acquired a new stake in Maplebear during the 3rd quarter worth $27,000. CX Institutional lifted its position in Maplebear by 91.5% in the third quarter. CX Institutional now owns 944 shares of the company’s stock valued at $41,000 after acquiring an additional 451 shares during the last quarter. Versant Capital Management Inc lifted its position in Maplebear by 94.7% in the second quarter. Versant Capital Management Inc now owns 1,215 shares of the company’s stock valued at $58,000 after acquiring an additional 591 shares during the last quarter. Finally, Allworth Financial LP purchased a new stake in Maplebear in the second quarter valued at $62,000. Institutional investors and hedge funds own 63.09% of the company’s stock.

Maplebear Price Performance

CART stock opened at $58.12 on Monday. The company has a fifty day moving average price of $49.78 and a 200 day moving average price of $43.76. Maplebear Inc. has a 12 month low of $32.73 and a 12 month high of $62.00. The company has a market cap of $13.75 billion, a price-to-earnings ratio of 30.27, a price-to-earnings-growth ratio of 1.16 and a beta of 0.68.

Maplebear (NASDAQ:CART – Get Free Report) last issued its quarterly earnings results on Thursday, October 29th. The company reported $0.60 earnings per share for the quarter, missing analysts’ consensus estimates of $0.63 by ($0.03). Maplebear had a return on equity of 22.14% and a net margin of 11.59%. The business had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.07 billion. During the same quarter in the prior year, the company earned $0.42 EPS. The firm’s revenue for the quarter was up 16.6% on a year-over-year basis. As a group, analysts anticipate that Maplebear Inc. will post 2.28 earnings per share for the current year.

Analysts Set New Price Targets

Several equities analysts have issued reports on the stock. Jefferies Financial Group downgraded shares of Maplebear from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 30th. Wedbush downgraded Maplebear from an “outperform” rating to a “hold” rating and boosted their target price for the company from $63.00 to $65.00 in a report on Friday, October 30th. JPMorgan Chase & Co. upped their target price on Maplebear from $55.00 to $62.00 and gave the company an “overweight” rating in a research report on Friday, August 7th. Argus raised their price target on Maplebear from $50.00 to $58.00 and gave the stock a “buy” rating in a research note on Wednesday, September 2nd. Finally, Weiss Ratings upgraded Maplebear from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, October 15th. Seven investment analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the company’s stock. According to MarketBeat, Maplebear presently has an average rating of “Hold” and an average target price of $59.06.

Read Our Latest Report on Maplebear

Insider Buying and Selling

In other news, CAO Lisa Blackwood-Kapral sold 3,017 shares of the stock in a transaction dated Tuesday, September 15th. The shares were sold at an average price of $47.08, for a total transaction of $142,040.36. Following the completion of the sale, the chief accounting officer owned 37,715 shares in the company, valued at approximately $1,775,622.20. This represents a 7.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Emily Reuter sold 50,000 shares of the firm’s stock in a transaction dated Friday, October 23rd. The stock was sold at an average price of $55.00, for a total value of $2,750,000.00. Following the transaction, the chief financial officer directly owned 599,337 shares in the company, valued at approximately $32,963,535. This represents a 7.70% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 309,928 shares of company stock valued at $16,121,073 in the last quarter. Corporate insiders own 24.00% of the company’s stock.

About Maplebear

(Free Report)

Maplebear Inc, which operates as Instacart, provides an online grocery and retail marketplace in the United States and Canada. Its platform connects customers with local grocery stores and other retailers, enabling them to order products for delivery or pickup.

In addition to its consumer app and website, Instacart offers retailers technology and services for online ordering, fulfillment and digital advertising. The company was founded in 2012 and is led by CEO Fidji Simo.