Maplebear Inc’s filing revealed that its CHIEF ACCOUNTING OFFICER Ramsay Alan unloaded Company’s shares for reported $0.12 million on Feb 21 ’25. In the deal valued at $52.50 per share,2,209 shares were sold. As a result of this transaction, Ramsay Alan now holds 78,660 shares worth roughly $3.84 million.
Then, Ramsay Alan bought 2,209 shares, generating $115,973 in total proceeds.
Before that, Simo Fidji sold 20,750 shares. Maplebear Inc shares valued at $976,834 were divested by the PRESIDENT AND CEO at a price of $47.08 per share. As a result of the transaction, Simo Fidji now holds 1,751,243 shares, worth roughly $85.43 million.
Seaport Research Partners initiated its Maplebear Inc [CART] rating to a Buy in a research note published on February 12, 2025; the price target was $62. A number of analysts have revised their coverage, including BTIG Research’s analysts, who increased its forecast for the stock in mid January from “a Neutral” to “a Buy”. Mizuho began covering CART with “an Outperform” recommendation on January 14, 2025. Needham revised its rating on January 13, 2025. It rated CART as “a Buy” which previously was an “a Hold”.
Price Performance Review of CART
On Tuesday, Maplebear Inc [NASDAQ:CART] saw its stock fall -1.18% to $48.78. Over the last five days, the stock has lost -3.12%. Maplebear Inc shares have risen nearly 17.77% since the year began. Nevertheless, the stocks have risen 63.25% over the past one year. While a 52-week high of $53.44 was reached on 02/19/25, a 52-week low of $29.72 was recorded on 01/02/25. SMA at 50 days reached $46.13, while 200 days put it at $39.59.
Levels Of Support And Resistance For CART Stock
The 24-hour chart illustrates a support level at 47.94, which if violated will result in even more drops to 47.11. On the upside, there is a resistance level at 49.27. A further resistance level may holdings at 49.77. The Relative Strength Index (RSI) on the 14-day chart is 49.82, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.12, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 79.79%. Stochastics %K at 44.04% indicates the stock is a holding.
The most recent change occurred on January 10, 2025 when Wells Fargo began covering the stock and recommended ‘”an Equal weight”‘ rating along with a $47 price target.
