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GCM Grosvenor Inc. (None: None) sold 4,864,272 shares of Maplebear Inc. (NASDAQ:CART) common stock on July 25, 2025, for $47.75 per share, in three separate transactions, according to a Form 4 filing with the Securities and Exchange Commission. The total value of the shares sold amounts to $232,268,988. The sale price was slightly above the current market price of $46.77, with the $12.3 billion market cap company showing impressive gross margins of 75.2%. According to InvestingPro analysis, CART maintains a "GREAT" financial health score, with 10 additional key insights available to subscribers.
The transactions involved sales by three entities: GCM Grosvenor IC SPV, LLC, which sold 4,238,887 shares; GCM Grosvenor IC SPV 2, LLC, which sold 565,385 shares; and GCM Special Opportunities Master Fund, Ltd., which sold 60,000 shares. With the company’s next earnings report due on August 7, investors can access comprehensive analysis and Fair Value estimates through InvestingPro’s detailed research reports.
Following these transactions, GCM Grosvenor IC SPV, LLC holds 3,653,606 shares, GCM Grosvenor IC SPV 2, LLC holds 487,318 shares and GCM Special Opportunities Master Fund, Ltd. holds zero shares. The company maintains strong liquidity with a current ratio of 3.24, indicating robust financial health.
In other recent news, Instacart has seen several key developments that may interest investors. Instacart has announced the appointment of Chris Rogers as the new CEO, effective August 15, as Fidji Simo steps down to join OpenAI. Rogers, who has been with the company since 2019, has played a significant role in managing Instacart’s retail partnerships and advertising sales. In addition to leadership changes, Instacart’s partnerships with OpenAI, YouTube, and TikTok have been highlighted by Citizens JMP as important factors in maintaining their Market Outperform rating and a $55 price target.
Bernstein has raised its price target for Instacart to $60, citing potential growth in advertising and the company’s gross transaction value guidance. Meanwhile, Citi has maintained a Buy rating with a $57 price target, expressing confidence in the smooth transition of leadership. Citizens JMP also reiterated its $55 price target, emphasizing Instacart’s efficient order density and positive unit economics. These recent developments reflect a period of strategic growth and transition for Instacart.
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