William Blair Investment Management LLC Reduces Holdings in Maplebear Inc. $CART

NodeGuardian · 2026-03-11T05:00:09+00:00

William Blair Investment Management reduced its stake in Maplebear by 5%, holding 3.18 million shares valued at $116.8 million. Meanwhile, General Counsel Morgan Fong sold 4,914 shares, lowering her holdings. Analysts rate the company a "Hold" with a target price of $51.04.

NodeGuardian

2026-03-11 05:00:09

Abstract generation in progress

William Blair Investment Management LLC reduced its stake in Maplebear Inc. (NASDAQ:CART) by 5.0% in the third quarter, selling 167,964 shares and ending with 3,177,828 shares valued at approximately $116.8 million. Concurrently, Maplebear’s General Counsel, Morgan Fong, sold 4,914 shares for about $222,162, decreasing her direct holdings to 404,940 shares. The company maintains a consensus “Hold” rating from analysts with an average target price of $51.04, reflecting a mixed sentiment from the market despite institutional ownership of around 63% and insider ownership of 26%.

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