Director Lily Sarafan recorded a sale of 3,500 shares of Maplebear Inc. (NASDAQ:CART) common stock on February 25, 2026, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at prices between $36.5201 and $36.53, producing total proceeds of $127,847.
Following that transaction, Sarafan's direct holdings in the company stand at 21,554 shares. The stock is trading at $37.51, giving the company a market capitalization of $10.09 billion.
An InvestingPro tip included with the filing notes that management has been aggressively repurchasing shares, which InvestingPro highlights as an indicator of corporate confidence. InvestingPro's Fair Value analysis characterizes the company as appearing undervalued, and the platform offers a Pro Research Report on CART as part of its coverage of more than 1,400 U.S. equities.
Separately, Maplebear - operating under the Instacart name - released fourth-quarter 2025 results that showed a mixed performance. Reported earnings per share were $0.30, which missed the consensus forecast of $0.52 by 42.31%. Revenue for the quarter came in at $992 million, exceeding expectations by 1.85%.
Analysts reacted unevenly to the quarterly print and outlook. Needham raised its price target for Instacart to $55 from $50 and maintained a Buy rating, attributing the change to strong fourth-quarter results and encouraging first-quarter guidance. Needham also increased its 2026 adjusted EBITDA forecasts by 2%.
By contrast, Cantor Fitzgerald lowered its price target to $47 from $54 while retaining an Overweight rating; the firm did not specify reasons for the downward adjustment in the report cited. These moves illustrate differing analyst interpretations of the company’s recent financials and forward guidance.
The combination of an insider sale, ongoing buyback activity flagged by InvestingPro, and a mixed earnings print that included both a material EPS miss and a revenue beat has produced varied signals for investors. The company’s equity market valuation, the retained share ownership by the director, and the split among sell-side price targets are all elements market participants may weigh as they assess the stock.