Maplebear Inc’s recently made public that its GENERAL COUNSEL & SECRETARY Fong Morgan unloaded Company’s shares for reported $0.21 million on Mar 20 ’25. In the deal valued at $39.52 per share,5,249 shares were sold. As a result of this transaction, Fong Morgan now holds 204,916 shares worth roughly $7.61 million.
Then, Ramsay Alan bought 2,209 shares, generating $87,344 in total proceeds.
Before that, Fong Morgan bought 5,249 shares. Maplebear Inc shares valued at $207,438 were divested by the Officer at a price of $39.52 per share.
FBN Securities initiated its Maplebear Inc [CART] rating to a Sector perform in a research note published on March 28, 2025; the price target was $44. A number of analysts have revised their coverage, including Seaport Research Partners’s analysts, who began to cover the stock in mid February with a ‘”a Buy”‘ rating. BTIG Research also remained covering CART and has increased its forecast on January 14, 2025 with a “Buy” recommendation from previously “Neutral” rating. Mizuho started covering the stock on January 14, 2025. It rated CART as “an Outperform”.
Price Performance Review of CART
On Tuesday, Maplebear Inc [NASDAQ:CART] saw its stock fall -0.78% to $37.12. Over the last five days, the stock has lost -7.71%. Maplebear Inc shares have fallen nearly -10.38% since the year began. Nevertheless, the stocks have fallen -5.11% 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 04/07/25. SMA at 50 days reached $43.54, while 200 days put it at $40.55.
Levels Of Support And Resistance For CART Stock
The 24-hour chart illustrates a support level at 35.98, which if violated will result in even more drops to 34.84. On the upside, there is a resistance level at 38.91. A further resistance level may holdings at 40.70. The Relative Strength Index (RSI) on the 14-day chart is 35.82, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.25, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 71.75%. Stochastics %K at 24.09% 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 2025-03-14, dropping by -1.33 million shares to a total of 16.06 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 17.4 million shares. There was a decline of -8.3%, which implies that there is a negative sentiment for the stock.
