Maplebear Inc’s filing revealed that its Officer Simo Fidji acquired Company’s shares for reported $0.29 million on Mar 10 ’25. In the deal valued at $39.70 per share,7,219 shares were bought.
Then, Fong Morgan sold 5,246 shares, generating $203,744 in total proceeds. Upon selling the shares at $38.84, the GENERAL COUNSEL & SECRETARY now owns 210,165 shares.
Before that, Simo Fidji sold 6,100 shares. Maplebear Inc shares valued at $236,826 were divested by the PRESIDENT AND CEO at a price of $38.82 per share. As a result of the transaction, Simo Fidji now holds 1,656,592 shares, worth roughly $66.53 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 $40.16. Over the last five days, the stock has gained 5.63%. Maplebear Inc shares have fallen nearly -3.04% since the year began. Nevertheless, the stocks have risen 12.37% 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 $45.23, while 200 days put it at $40.01.
Levels Of Support And Resistance For CART Stock
The 24-hour chart illustrates a support level at 39.68, which if violated will result in even more drops to 39.19. On the upside, there is a resistance level at 40.61. A further resistance level may holdings at 41.05. The Relative Strength Index (RSI) on the 14-day chart is 42.81, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.69, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 47.26%. Stochastics %K at 38.95% 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 2025-02-28, dropping by -0.92 million shares to a total of 16.2 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 17.11 million shares. There was a decline of -5.66%, which implies that there is a negative sentiment for the stock.
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.
