Maplebear Inc (CART, Financial), a company known for its innovative technology solutions in the logistics and delivery sector, has reported an insider sale according to the latest SEC filings. Nick Giovanni, the Chief Financial Officer of Maplebear Inc, executed a sale of 10,000 shares of the company on March 12, 2024. The transaction was filed with the SEC and can be viewed in detail through the provided filing.
The insider's transaction history over the past year indicates that Nick Giovanni has sold a total of 10,000 shares and has not made any purchases of the company's stock. This recent sale continues the trend of insider sales for the company.
When looking at the broader picture of insider transactions at Maplebear Inc, there have been 15 insider buys and 6 insider sells over the past year. This activity provides a glimpse into the insider sentiment regarding the company's stock performance and potential future direction.
On the valuation front, Maplebear Inc's shares were priced at $34.67 each on the day of the insider's sale, which places the company's market capitalization at approximately $9.455 billion.
The insider trend image above reflects the recent insider trading activities and may offer insights into the company's stock performance expectations among those with intimate knowledge of its operations.
For more detailed information on Maplebear Inc's financials, insider trades, and stock performance, interested parties are encouraged to visit the company's profile on GuruFocus.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
