MARA (NASDAQ:MARA) Shares Down 4% – Should You Sell?

MARA Holdings (NASDAQ:MARA) shares fell 4% during trading on Monday . The company traded as low as $10.96 and last traded at $11.50. Approximately 52,728,261 shares traded hands during trading, an increase of 14% from the average session volume of 46,176,547 shares. The stock had previously closed at $11.98.

Trending Headlines about MARA

Here are the key news stories impacting MARA this week:

• Positive Sentiment: MARA purchased 1,292 Bitcoin for approximately $99–$100 million through FalconX, bringing its Bitcoin treasury to 35,577 BTC, valued at roughly $2.7 billion. The purchase could benefit the company if Bitcoin prices rise and reinforces its positioning as a leveraged Bitcoin investment. MARA Holdings Bitcoin Treasury Reaches 35,577 BTC
• Positive Sentiment: HC Wainwright maintained a Buy rating and a $20 price target, substantially above the recent trading level. However, its forecasts still call for losses, including estimated 2026 EPS of negative $2.43 and 2027 EPS of negative $1.47. HC Wainwright MARA Estimates
• Neutral Sentiment: The Bitcoin purchase has attracted renewed attention to MARA’s valuation. Shares have gained over the past month and year to date but remain substantially lower over the past 90 days and one year, highlighting continued volatility and weak longer-term momentum. MARA Holdings Bought $100 Million in Bitcoin
• Negative Sentiment: JPMorgan downgraded MARA from Overweight to Underweight and lowered its price target to $11. The bank cited concerns about MARA’s pivot toward data centers from Bitcoin mining, raising questions about execution, capital requirements and whether the new strategy can improve profitability. JPMorgan Downgrades MARA to Underweight
• Negative Sentiment: Bitcoin and cryptocurrency stocks sold off after the Senate failed to advance the CLARITY Act, leaving digital-asset market-structure rules unresolved. Because MARA’s results and valuation are closely tied to Bitcoin, the regulatory setback is weighing on sentiment across the sector. Clarity Act Vote Fails

Wall Street Analysts Forecast Growth

MARA has been the subject of a number of recent analyst reports. Cantor Fitzgerald lowered their price target on MARA from $14.00 to $12.00 and set an “overweight” rating for the company in a research note on Friday, August 7th. JPMorgan Chase & Co. restated an “underweight” rating and issued a $11.00 price objective (down from $13.00) on shares of MARA in a research report on Monday. Rosenblatt Securities reissued a “buy” rating and issued a $15.00 target price on shares of MARA in a research note on Friday, August 7th. HC Wainwright assumed coverage on MARA in a research report on Friday, September 11th. They set a “buy” rating and a $20.00 price target on the stock. Finally, Citizens Jmp assumed coverage on MARA in a report on Wednesday, June 24th. They set a “market outperform” rating and a $24.00 price objective on the stock. Eight equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $18.70.

MARA Trading Down 2.3%

The company has a market cap of $4.34 billion, a price-to-earnings ratio of -1.23 and a beta of 5.32. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.89 and a current ratio of 0.89. The firm has a fifty day moving average price of $11.20 and a 200 day moving average price of $11.41.

MARA (NASDAQ:MARA) last issued its earnings results on Thursday, August 6th. The business services provider reported ($1.60) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.17 by ($1.77). MARA had a negative net margin of 429.71% and a negative return on equity of 26.05%. The firm had revenue of $174.88 million during the quarter, compared to the consensus estimate of $209.44 million. During the same period in the previous year, the company posted $1.84 earnings per share. The firm’s revenue for the quarter was down 26.7% compared to the same quarter last year. As a group, equities analysts predict that MARA Holdings will post -1.31 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Frederick G. Thiel sold 27,505 shares of MARA stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $9.21, for a total transaction of $253,321.05. Following the completion of the sale, the chief executive officer directly owned 4,335,697 shares of the company’s stock, valued at approximately $39,931,769.37. This trade represents a 0.63% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Zabi Nowaid sold 8,376 shares of the business’s stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $12.00, for a total transaction of $100,512.00. Following the completion of the sale, the general counsel directly owned 898,780 shares of the company’s stock, valued at approximately $10,785,360. The trade was a 0.92% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 58,881 shares of company stock worth $613,193 in the last quarter. Insiders own 0.97% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of MARA. CI Investments Inc. grew its stake in shares of MARA by 7.6% in the 1st quarter. CI Investments Inc. now owns 13,520 shares of the business services provider’s stock valued at $110,000 after buying an additional 957 shares in the last quarter. Greenleaf Trust increased its holdings in MARA by 9.9% in the second quarter. Greenleaf Trust now owns 11,915 shares of the business services provider’s stock worth $165,000 after buying an additional 1,076 shares during the last quarter. Evexia Wealth LLC raised its position in MARA by 9.2% during the first quarter. Evexia Wealth LLC now owns 12,937 shares of the business services provider’s stock valued at $106,000 after acquiring an additional 1,090 shares in the last quarter. Sigma Planning Corp raised its position in MARA by 12.5% during the first quarter. Sigma Planning Corp now owns 13,409 shares of the business services provider’s stock valued at $109,000 after acquiring an additional 1,485 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its stake in MARA by 14.9% in the second quarter. NewEdge Advisors LLC now owns 12,320 shares of the business services provider’s stock valued at $171,000 after acquiring an additional 1,598 shares during the last quarter. Institutional investors and hedge funds own 44.53% of the company’s stock.

About MARA

MARA Holdings, Inc, formerly known as Marathon Digital Holdings, Inc, is a digital asset technology company focused primarily on mining bitcoin. The company operates and supports computing infrastructure designed to secure the Bitcoin network by processing transactions and earning bitcoin rewards.

MARA develops and deploys large-scale data center and energy infrastructure for digital asset mining. Its activities include operating mining facilities, managing specialized application-specific integrated circuit (ASIC) mining equipment, and pursuing energy and infrastructure solutions intended to support more efficient and scalable computing operations.