Rep. Lisa C. McClain Sells Off Shares of Maplebear Inc. (NASDAQ:CART)

Representative Lisa C. McClain (R-Michigan) recently sold shares of Maplebear Inc. (NASDAQ:CART). In a filing disclosed on October 22nd, the Representative disclosed that they had sold between $1,001 and $15,000 in Maplebear stock on September 25th. The trade occurred in the Representative’s “CHARLES SCHWAB BROKERAGE ACCOUNT 924” account.

Representative Lisa C. McClain also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of FMC (NYSE:FMC) on 9/25/2025.
• Sold $1,001 – $15,000 in shares of Merit Medical Systems (NASDAQ:MMSI) on 9/25/2025.
• Purchased $1,001 – $15,000 in shares of Darden Restaurants (NYSE:DRI) on 9/25/2025.
• Purchased $1,001 – $15,000 in shares of ASML (NASDAQ:ASML) on 9/25/2025.
• Purchased $1,001 – $15,000 in shares of Kenvue (NYSE:KVUE) on 9/25/2025.
• Sold $1,001 – $15,000 in shares of Beacon Financial (NYSE:BBT) on 9/25/2025.
• Sold $1,001 – $15,000 in shares of British American Tobacco (NYSE:BTI) on 9/25/2025.
• Purchased $1,001 – $15,000 in shares of Rollins (NYSE:ROL) on 9/25/2025.
• Purchased $1,001 – $15,000 in shares of SAP (NYSE:SAP) on 9/25/2025.
• Purchased $1,001 – $15,000 in shares of MGP Ingredients (NASDAQ:MGPI) on 9/25/2025.

Maplebear Price Performance

Shares of CART stock opened at $39.15 on Friday. The stock has a market cap of $10.31 billion, a P/E ratio of 22.63, a price-to-earnings-growth ratio of 1.21 and a beta of 1.10. Maplebear Inc. has a one year low of $34.87 and a one year high of $53.50. The stock has a fifty day moving average price of $42.07 and a 200 day moving average price of $44.20.

Maplebear (NASDAQ:CART) last issued its earnings results on Thursday, August 7th. The company reported $0.41 EPS for the quarter, topping the consensus estimate of $0.39 by $0.02. The firm had revenue of $914.00 million during the quarter, compared to analysts’ expectations of $896.55 million. Maplebear had a return on equity of 15.69% and a net margin of 13.76%.Maplebear’s quarterly revenue was up 11.1% compared to the same quarter last year. During the same period last year, the business earned $0.20 earnings per share. Equities research analysts anticipate that Maplebear Inc. will post 1.43 EPS for the current year.

Insider Activity

In related news, Director Fidji Simo sold 1,014 shares of Maplebear stock in a transaction dated Thursday, October 16th. The stock was sold at an average price of $40.00, for a total value of $40,560.00. Following the completion of the sale, the director directly owned 569,742 shares in the company, valued at $22,789,680. This trade represents a 0.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, General Counsel Morgan Fong sold 3,546 shares of Maplebear stock in a transaction dated Monday, October 20th. The stock was sold at an average price of $38.85, for a total value of $137,762.10. Following the completion of the sale, the general counsel owned 427,523 shares of the company’s stock, valued at approximately $16,609,268.55. The trade was a 0.82% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 27,556 shares of company stock worth $1,179,482. 26.00% of the stock is owned by corporate insiders.

Analyst Ratings Changes

CART has been the subject of several research reports. Benchmark raised Maplebear from a “hold” rating to a “buy” rating and set a $67.00 target price for the company in a research report on Friday, August 8th. JMP Securities raised their target price on Maplebear from $55.00 to $60.00 and gave the stock a “market outperform” rating in a research report on Friday, August 8th. Needham & Company LLC raised their target price on Maplebear from $56.00 to $66.00 and gave the stock a “buy” rating in a research report on Friday, August 8th. Citigroup increased their price objective on Maplebear from $57.00 to $65.00 and gave the stock a “buy” rating in a research note on Friday, August 8th. Finally, Wall Street Zen lowered Maplebear from a “buy” rating to a “hold” rating in a research note on Monday, September 29th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Maplebear has an average rating of “Moderate Buy” and a consensus target price of $52.12.

Institutional Trading of Maplebear

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Securian Asset Management Inc. increased its stake in shares of Maplebear by 2.1% in the second quarter. Securian Asset Management Inc. now owns 12,509 shares of the company’s stock valued at $566,000 after buying an additional 252 shares in the last quarter. Smartleaf Asset Management LLC increased its stake in shares of Maplebear by 9.6% in the second quarter. Smartleaf Asset Management LLC now owns 2,978 shares of the company’s stock valued at $134,000 after buying an additional 261 shares in the last quarter. Rafferty Asset Management LLC increased its stake in shares of Maplebear by 2.5% in the second quarter. Rafferty Asset Management LLC now owns 11,000 shares of the company’s stock valued at $498,000 after buying an additional 273 shares in the last quarter. CWM LLC increased its stake in shares of Maplebear by 35.1% in the first quarter. CWM LLC now owns 1,058 shares of the company’s stock valued at $42,000 after buying an additional 275 shares in the last quarter. Finally, Signaturefd LLC increased its stake in shares of Maplebear by 27.1% in the first quarter. Signaturefd LLC now owns 1,335 shares of the company’s stock valued at $53,000 after buying an additional 285 shares in the last quarter. 63.09% of the stock is currently owned by institutional investors and hedge funds.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan’s 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.

McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan’s 9th Congressional District. She declared candidacy for the 2026 election.

Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor’s degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

Maplebear Company Profile

Maplebear Inc, doing business as Instacart, engages in the provision of online grocery shopping services to households in North America. It sells and delivers grocery products, as well as pickup services through a mobile application and website. It also operates virtual convenience stores; and provides software-as-a-service solutions to retailers.