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The solution to fast food’s wage hike crisis
From Deal Maker   |   Ad
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
Learn more about this much-needed advancement and investment opportunity here.
Morgan Fong net worth and biography
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Morgan Fong Biography and Net Worth

General Counsel of Maplebear
Experienced general counsel successful at building scalable businesses. An effective collaborator with management and advisor to boards. A creator of effective and high performing and diverse legal teams.

What is Morgan Fong's net worth?

The estimated net worth of Morgan Fong is at least $12.66 million as of July 22nd, 2024. Mr. Fong owns 372,335 shares of Maplebear stock worth more than $12,663,113 as of September 8th. This net worth approximation does not reflect any other investments that Mr. Fong may own. Additionally, Mr. Fong receives an annual salary of $872,570.00 as General Counsel at Maplebear. Learn More about Morgan Fong's net worth.

How old is Morgan Fong?

Mr. Fong is currently 48 years old. There are 2 older executives and no younger executives at Maplebear. The oldest executive at Maplebear is Mr. Alan Ramsay, Chief Accounting Officer, who is 54 years old. Learn More on Morgan Fong's age.

What is Morgan Fong's salary?

As the General Counsel of Maplebear Inc., Mr. Fong earns $872,570.00 per year. The highest earning executive at Maplebear is Ms. Fidji Simo, CEO & Chair, who commands a salary of $1,510,000.00 per year. Learn More on Morgan Fong's salary.

How do I contact Morgan Fong?

The corporate mailing address for Mr. Fong and other Maplebear executives is 50 Beale St, Suite 600, San Francisco, CA 94105, United States. Maplebear can also be reached via phone at 888-246-7822 and via email at [email protected]. Learn More on Morgan Fong's contact information.

Has Morgan Fong been buying or selling shares of Maplebear?

During the last ninety days, Morgan Fong has sold $332,900.12 in Maplebear stock. Most recently, Morgan Fong sold 9,506 shares of the business's stock in a transaction on Monday, July 22nd. The shares were sold at an average price of $35.02, for a transaction totalling $332,900.12. Following the completion of the sale, the general counsel now directly owns 372,335 shares of the company's stock, valued at $13,039,171.70. Learn More on Morgan Fong's trading history.

Who are Maplebear's active insiders?

Maplebear's insider roster includes Morgan Fong (General Counsel), Alan Ramsay (CAO), and Fidji Simo (CEO). Learn More on Maplebear's active insiders.

Are insiders buying or selling shares of Maplebear?

During the last year, Maplebear insiders bought shares 8 times. They purchased a total of 3,224,072 shares worth more than $93,761,764.82. During the last year, insiders at the sold shares 24 times. They sold a total of 1,142,287 shares worth more than $33,381,688.19. The most recent insider tranaction occured on August, 28th when CEO Fidji Simo sold 33,000 shares worth more than $1,163,910.00. Insiders at Maplebear own 36.0% of the company. Learn More about insider trades at Maplebear.

Information on this page was last updated on 8/28/2024.

Morgan Fong Insider Trading History at Maplebear

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
7/22/2024Sell9,506$35.02$332,900.12372,335View SEC Filing Icon  
6/20/2024Sell9,228$33.86$312,460.08381,841View SEC Filing Icon  
5/20/2024Sell9,228$33.20$306,369.60391,069View SEC Filing Icon  
4/22/2024Sell18,687$34.86$651,428.82418,973View SEC Filing Icon  
3/21/2024Sell18,689$37.62$703,080.18264,379View SEC Filing Icon  
3/8/2024Sell98,200$34.32$3,370,224.00283,068View SEC Filing Icon  
See Full Table

Morgan Fong Buying and Selling Activity at Maplebear

This chart shows Morgan Fong's buying and selling at Maplebear by year and by quarter.

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Maplebear Company Overview

Maplebear logo
Maplebear Inc., doing business as Instacart, provides online grocery shopping services to households in North America. It sells and delivers grocery products. The company offers its services through a mobile application and website. It also provides software-as-a-service solutions to retailers. The company was incorporated in 2012 and is based in San Francisco, California.
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Today's Range

Now: $34.01
Low: $33.17
High: $34.52

50 Day Range

MA: $33.95
Low: $31.11
High: $36.51

2 Week Range

Now: $34.01
Low: $22.13
High: $42.95

Volume

2,881,390 shs

Average Volume

4,006,865 shs

Market Capitalization

$9.00 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

N/A
The solution to fast food’s wage hike crisis
From Deal Maker   |   Ad
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
Learn more about this much-needed advancement and investment opportunity here.