In a filing, Maplebear Inc revealed its PRESIDENT AND CEO Simo Fidji unloaded Company’s shares for reported $0.9 million on Feb 26 ’25. In the deal valued at $43.31 per share,20,750 shares were sold. As a result of this transaction, Simo Fidji now holds 1,662,692 shares worth roughly $63.91 million.
Then, Simo Fidji bought 20,750 shares, generating $898,614 in total proceeds.
Before that, Ramsay Alan sold 2,209 shares. Maplebear Inc shares valued at $115,972 were divested by the CHIEF ACCOUNTING OFFICER at a price of $52.50 per share. As a result of the transaction, Ramsay Alan now holds 78,660 shares, worth roughly $3.02 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 $38.44. Over the last five days, the stock has lost -21.20%. Maplebear Inc shares have fallen nearly -7.19% since the year began. Nevertheless, the stocks have risen 18.13% over the past one year. While a 52-week high of $53.44 was reached on 02/19/25, a 52-week low of $29.84 was recorded on 03/04/25. SMA at 50 days reached $45.95, while 200 days put it at $39.71.
Levels Of Support And Resistance For CART Stock
The 24-hour chart illustrates a support level at 36.94, which if violated will result in even more drops to 35.43. On the upside, there is a resistance level at 39.70. A further resistance level may holdings at 40.95. The Relative Strength Index (RSI) on the 14-day chart is 26.77, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -7.65, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 89.55%. Stochastics %K at 7.61% indicates the stock is a buying.
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.
