On November 20, 2024, Alan Ramsay, the Chief Accounting Officer of Maplebear Inc's subsidiary, sold 2,247 shares of Maplebear Inc (CART, Financial). Following this transaction, the insider now owns 89,982 shares of the company. The transaction details can be found in the SEC Filing.
Maplebear Inc, known for its operations in the technology sector, focuses on providing innovative solutions and services to its customers. The company is recognized for its commitment to enhancing user experience through its diverse range of products.
The insider's trading activity over the past year includes selling a total of 41,795 shares, with no recorded purchases. This activity is part of a broader trend within the company, where there have been 32 insider sells compared to 8 insider buys over the same period.
On the day of the transaction, shares of Maplebear Inc were trading at $41.06, resulting in a market cap of $11.102 billion. The company's price-earnings ratio stands at 28.30, which is higher than the industry median of 18.65 but lower than the company's historical median price-earnings ratio.
This insider activity provides insight into the trading patterns of company executives and may be of interest to investors monitoring the stock's performance and valuation metrics such as GF Value, price-sales ratio, price-book ratio, and price-to-free cash flow.
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