Maplebear Inc’s filing revealed that its CHIEF ACCOUNTING OFFICER Ramsay Alan unloaded Company’s shares for reported $94696.0 on Dec 20 ’24. In the deal valued at $42.14 per share,2,247 shares were sold. As a result of this transaction, Ramsay Alan now holds 87,735 shares worth roughly $3.76 million.
Then, Simo Fidji sold 20,750 shares, generating $886,832 in total proceeds. Upon selling the shares at $42.74, the PRESIDENT AND CEO now owns 1,771,993 shares.
Before that, Ramsay Alan bought 2,247 shares. Maplebear Inc shares valued at $94,696 were divested by the Officer at a price of $42.14 per share.
Deutsche Bank initiated its Maplebear Inc [CART] rating to a Hold in a research note published on December 03, 2024; the price target was $37. A number of analysts have revised their coverage, including Jefferies’s analysts, who began to cover the stock in mid October with a ‘”a Hold”‘ rating. Raymond James began covering CART with “Mkt perform” recommendation on September 24, 2024. Cantor Fitzgerald started covering the stock on September 05, 2024. It rated CART as “an Overweight”.
Price Performance Review of CART
On Tuesday, Maplebear Inc [NASDAQ:CART] saw its stock fall -2.65% to $42.91. Over the last five days, the stock has gained 2.00%. Maplebear Inc shares have risen nearly 3.60% since the year began. Nevertheless, the stocks have risen 91.31% over the past one year. While a 52-week high of $50.01 was reached on 01/06/25, a 52-week low of $22.25 was recorded on 01/02/25. SMA at 50 days reached $43.69, while 200 days put it at $37.75.
Levels Of Support And Resistance For CART Stock
The 24-hour chart illustrates a support level at 42.08, which if violated will result in even more drops to 41.26. On the upside, there is a resistance level at 43.94. A further resistance level may holdings at 44.98. The Relative Strength Index (RSI) on the 14-day chart is 49.50, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.17, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 58.90%. Stochastics %K at 69.29% indicates the stock is a holding.
How much short interest is there in Maplebear Inc?
A steep rise in short interest was recorded in Maplebear Inc stocks on 2024-12-13, growing by 1.6 million shares to a total of 13.19 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 11.59 million shares. There was a rise of 12.15%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on July 16, 2024 when Wolfe Research began covering the stock and recommended ‘”a Peer perform”‘ rating .
