Maplebear (CART) CEO Chris Rogers Sells $1.3M of Stock

On October 23, 2026, Chris Rogers, the President and CEO of Maplebear Inc. (CART), sold 24,060 shares for about $1.32 million. The transaction was reported through a Form 4 filing with the SEC. Rogers sold the shares at an average price of $55.04 each.

Chris Rogers now owns 892,576 shares after this sale, which represents a decrease of about 2.62% in his holdings. This planned sale was part of a Rule 10b5-1 trading plan.

CART Maplebear Inc.

$56.44 ▲ +28.54% year to date

1M 3M YTD

Daily close · Oct 23, 2026

Other Institutional Activity in Maplebear Inc.

Several other institutional investors have also been active in Maplebear Inc. Sc Us (ttgp), Ltd. holds 27,928,385 shares, valued at about $1.58 billion. D1 Capital Partners, LP has 22,564,435 shares worth approximately $1.27 billion, after adding 6,767 shares. LSV Asset Management increased its stake by 3,786,819 shares, bringing its total to 4,533,815 shares valued at around $255.9 million.

Maplebear Inc. Stock Up 9.2%

Maplebear Inc. closed at $56.44 on October 23, 2026, the same day Rogers sold his shares. As of October 26, the stock was recently trading around $56.44, which is about equal to the closing price. The shares are currently above their 50-day moving average by 17.2% and above the 200-day moving average by 31.6%, indicating a strong performance relative to these benchmarks.

Recent Earnings

In its most recent earnings report, Maplebear Inc. reported trailing twelve-month revenue of approximately $3.99 billion and earnings per share (EPS) of $1.83. The next earnings report is scheduled for November 5, 2026.

Insider Buying and Selling at Maplebear Inc.

In addition to Rogers' recent sale, other insiders have also sold shares recently. On October 15, 2026, Lisa Blackwood-Kapral, the Chief Accounting Officer, sold 3,016 shares at an average price of $49.58, totaling about $149,533. Earlier, on September 22, 2026, Morgan Fong, an officer, sold 18,390 shares, valued at approximately $827,246.

Analysts Set New Price Targets

Analysts have maintained a positive outlook on Maplebear Inc. On October 5, 2026, Wells Fargo maintained its Equal-Weight rating with a price target of $56.00. Citigroup also maintained its Buy rating with a target of $58.00 on August 10, 2026. The consensus recommendation for the stock is a Buy, with a mean price target of approximately $57.90.

About Maplebear Inc.

Maplebear Inc., operating as Instacart, is a technology and enablement partner for the grocery industry in the U.S. and internationally. The company helps consumers shop for groceries online, providing a platform for various retailers.

Bottom Line

Investors will be watching for the upcoming earnings report on November 5, 2026, to see how the company continues to perform. With Chris Rogers reducing his stake, it will be interesting to see how other insiders respond and whether analysts adjust their ratings or price targets in the future.