Maplebear (CART) CEO Chris Rogers Sells $1.5M of Stock

By TradeTexts Research Desk Oct 27, 2026, 10:01 PM EDT

Key Points

Chris Rogers, the President and CEO of Maplebear Inc., sold 24,665 shares at $60.00 each, totaling about $1.48 million on October 26, 2026.
After the trade, Chris Rogers holds 867,911 $CART shares, down 2.76% from before the trade.
The stock closed at $60.88 on the same day but has recently traded around $60.10, which is about 1.3% below the event-day close.
Citizens maintained a Market Outperform rating on Maplebear Inc. with a new price target of $65.00 on October 26, 2026.

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On October 26, 2026, Chris Rogers, President and CEO of Maplebear Inc. (CART), sold 24,665 shares for about $1,476,900. This transaction was reported in a Form 4 filing with the SEC. Rogers's sale was planned, and after this trade, he holds 867,911 shares of the company, reducing his stake by about 2.76%.

CART Maplebear Inc.

$60.88 +38.65% year to date

Daily close · Oct 26, 2026

Other Institutional Activity in Maplebear Inc.

Several other institutional investors have also been active in Maplebear Inc. Recently, LSV Asset Management increased its holdings by 3,786,819 shares, bringing its total to 4,533,815 shares worth approximately $272.4 million. D1 Capital Partners, LP holds 22,564,435 shares valued at about $1.36 billion, but it did not change its position. Meanwhile, Sc Us (ttgp), Ltd. maintains its stake of 27,928,385 shares, valued at around $1.68 billion.

Maplebear Inc. Stock Down 1.3%

Maplebear Inc. shares closed at $60.88 on October 26, 2026. The stock has recently traded around $60.10 as of October 28, 2026, which is about 1.3% below the close on the event date. The shares are currently above their 50-day moving average by 23.6% and above the 200-day moving average by 39.5%. However, they are still about 3.1% below their 52-week high of $62.00.

Recent Earnings

Maplebear Inc. reported trailing twelve-month revenue of approximately $3.99 billion, with year-over-year revenue growth of 14.1%. The company has a net margin of 12.0% and a return on equity of 16.0%. The next earnings report is scheduled for November 5, 2026.

Insider Buying and Selling at Maplebear Inc.

In addition to Rogers's recent sale, other insiders have also sold shares. On October 22, 2026, Morgan Fong, the Chief Legal Officer, sold 18,390 shares for about $937,934. Earlier, on October 23, 2026, Rogers sold 24,060 shares for approximately $1.32 million. Additionally, Emily Reuter, the Chief Financial Officer, sold 50,000 shares for about $2.75 million on the same day.

Analysts Set New Price Targets

On October 26, 2026, Citizens maintained a Market Outperform rating on Maplebear Inc. and raised its price target to $65.00 from $60.00. Earlier, on October 10, 2026, Wells Fargo also maintained its Equal-Weight rating with a target of $56.00. The consensus among analysts is a buy rating, with a mean target price of $58.29 based on 28 opinions.

About Maplebear Inc.

Maplebear Inc., known as Instacart, partners with grocery businesses in the U.S. and internationally to enhance technology and enablement in the grocery industry. The company has been experiencing growth, reflected in its recent revenue performance and analyst support.

Bottom Line

Watch for Maplebear Inc.'s upcoming earnings report on November 5, 2026, which may provide further insight into its financial performance. Additionally, keep an eye on insider transactions, as they can signal management's confidence in the company. Chris Rogers's recent sale fits into a broader trend of insider activity, indicating potential shifts in sentiment among executives.