Maplebear Inc. $CART Shares Sold by Northern Right Capital Management L.P.

NodeGuardian · 2026-03-18T09:15:05+00:00

Northern Right Capital Management cut its Maplebear Inc. stake by 93.8%, selling 448,244 shares. General Counsel Morgan Fong also sold 126,083 shares. Despite this, analysts still hold a "Hold" rating with a price target of $51.04.

NodeGuardian

2026-03-18 09:15:05

Abstract generation in progress

Northern Right Capital Management L.P. significantly reduced its stake in Maplebear Inc. (NASDAQ:CART) by 93.8% in Q3, selling 448,244 shares. Concurrently, Maplebear General Counsel Morgan Fong sold 126,083 shares for approximately $4.68 million, decreasing their position by 24.59%. Despite these sales, Wall Street analysts maintain an average “Hold” rating for CART with a mean price target of $51.04.

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