Maplebear Inc (NASDAQ: CART) is -6.08% lower on its value in year-to-date trading and has touched a low of $29.84 and a high of $53.44 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CART stock was last observed hovering at around $41.09 in the last trading session, with the day’s loss setting it -2.19%.
Currently trading at $38.90, the stock is -19.34% and -15.51% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.53 million and changing -5.33% at the moment leaves the stock -1.98% off its SMA200. CART registered 24.60% gain for a year compared to 6-month gain of 9.98%.
The stock witnessed a -20.45% loss in the last 1 month and extending the period to 3 months gives it a -10.66%, and is -21.19% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.87% over the week and 4.08% over the month.
Maplebear Inc (CART) has around 3265 employees, a market worth around $9.99B and $3.38B in sales. Current P/E ratio is 23.88 and Fwd P/E is 20.05. Profit margin for the company is 13.32%. Distance from 52-week low is 30.36% and -27.21% from its 52-week high. The company has generated returns on investments over the last 12 months (13.67%).
The EPS is expected to grow by 1.84% this year.
Maplebear Inc (CART) Top Institutional Holders
The shares outstanding are 260.96M, and float is at 179.54M with Short Float at 9.69%.
The top institutional shareholder in the company is SC US (TTGP), LTD. with over 41.91 million shares valued at $1.35 billion. The investor’s holdings represent 15.7831% of the CART Shares outstanding. As of 2024-06-30, the second largest holder is D1 CAPITAL PARTNERS L.P. with 28.91 million shares valued at $929.2 million to account for 10.8876 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 11.02 million shares representing 4.1512% and valued at over $354.28 million, while GCM GROSVENOR HOLDINGS, LLC holds 3.3913 of the shares totaling 9.01 million with a market value of $289.43 million.
Maplebear Inc (CART) Insider Activity
A total of 0 insider transactions have happened at Maplebear Inc (CART) in the last six months, with sales accounting for 0 and purchases happening 0 times. The most recent transaction is an insider sale by Simo Fidji, the company’s PRESIDENT AND CEO. SEC filings show that Simo Fidji sold 20,750 shares of the company’s common stock on Feb 26 ’25 at a price of $43.31 per share for a total of $0.9 million. Following the sale, the insider now owns 1.66 million shares.
Still, SEC filings show that on Feb 21 ’25, Ramsay Alan (CHIEF ACCOUNTING OFFICER) disposed off 2,209 shares at an average price of $52.50 for $0.12 million. The insider now directly holds 78,660 shares of Maplebear Inc (CART).
