Shares of MARA Holdings (NASDAQ:MARA – Get Free Report) have earned an average rating of “Hold” from the ten analysts that are covering the firm, MarketBeat.com reports. Three equities research analysts have rated the stock with a sell rating and seven have given a buy rating to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $17.78.
Several brokerages recently issued reports on MARA. HC Wainwright initiated coverage on MARA in a research report on Friday, September 11th. They set a “buy” rating and a $20.00 target price on the stock. Rosenblatt Securities reissued a “buy” rating and issued a $15.00 price objective on shares of MARA in a report on Friday, August 7th. Piper Sandler reiterated an “overweight” rating and issued a $11.00 target price (down from $13.00) on shares of MARA in a research report on Tuesday, October 20th. Weiss Ratings cut MARA from a “sell (d)” rating to a “sell (d-)” rating in a research report on Friday, October 23rd. Finally, JPMorgan Chase & Co. downgraded shares of MARA from an “overweight” rating to an “underweight” rating and cut their price objective for the company from $13.00 to $11.00 in a report on Monday, September 14th.
View Our Latest Research Report on MARA
Insider Transactions at MARA
In other news, CFO Salman Khan sold 16,000 shares of MARA stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $9.21, for a total transaction of $147,360.00. Following the sale, the chief financial officer owned 377,066 shares of the company’s stock, valued at approximately $3,472,777.86. The trade was a 4.07% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Zabi Nowaid sold 8,376 shares of the company’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 transaction, the general counsel directly owned 898,780 shares in the company, valued at $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 sold 134,396 shares of company stock worth $1,311,490 in the last 90 days. Insiders own 0.97% of the company’s stock.
Hedge Funds Weigh In On MARA
Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Principal Financial Group Inc. lifted its holdings in MARA by 2.0% during the 1st quarter. Principal Financial Group Inc. now owns 1,838,149 shares of the business services provider’s stock worth $14,999,000 after buying an additional 35,978 shares during the last quarter. Headlands Technologies LLC boosted its holdings in MARA by 51.2% in the second quarter. Headlands Technologies LLC now owns 444,756 shares of the business services provider’s stock valued at $6,178,000 after purchasing an additional 150,665 shares in the last quarter. Compass Financial Management LLC purchased a new position in MARA in the second quarter valued at approximately $6,000,000. Hsbc Holdings PLC purchased a new position in MARA in the fourth quarter valued at approximately $5,220,000. Finally, Delta Global Management LP purchased a new position in MARA in the first quarter valued at approximately $5,064,000. Hedge funds and other institutional investors own 44.53% of the company’s stock.
Trending Headlines about MARA
Here are the key news stories impacting MARA this week:
- Positive Sentiment: Options activity showed investors bought 321,997 MARA call options on Friday—53% above the average daily volume. This may signal increased bullish positioning, though options activity does not guarantee a share-price rise.
- Positive Sentiment: FERC approved MARA’s acquisition of Long Ridge Energy & Power, clearing a key regulatory hurdle for the expected closing in the coming weeks. The deal adds a 505 MW power plant and more than 1,600 acres that MARA plans to use for digital infrastructure, including AI and high-performance computing. FERC approval announcement
- Neutral Sentiment: MARA transferred 1,650 BTC, valued at about $132.8 million, to institutional platforms. The move may relate to treasury management or funding its expansion, but the reports do not establish how the bitcoin will be used. Report on MARA’s bitcoin transfers
- Negative Sentiment: Shares came under pressure amid a broader selloff in AI data-center-related stocks and bitcoin miners. That weakness overshadowed the Long Ridge regulatory approval, with reports describing a sharp decline in MARA shares. Report on MARA’s decline and sector selloff
- Negative Sentiment: Another report attributed pressure on the stock to insider selling, which can weigh on investor sentiment. Report on insider selling
MARA Price Performance
MARA opened at $6.35 on Tuesday. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 1.15. MARA has a 12-month low of $5.69 and a 12-month high of $16.62. The business’s fifty day simple moving average is $9.88 and its 200-day simple moving average is $10.68. The company has a market capitalization of $2.45 billion, a price-to-earnings ratio of -0.69 and a beta of 5.23.
MARA (NASDAQ:MARA – Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The business services provider reported ($1.60) EPS for the quarter, missing the consensus estimate of $0.17 by ($1.77). The business had revenue of $174.88 million during the quarter, compared to the consensus estimate of $209.44 million. MARA had a negative net margin of 429.71% and a negative return on equity of 26.05%. The company’s revenue for the quarter was down 26.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.84 EPS. On average, equities research analysts anticipate that MARA will post -2.38 earnings per share for the current fiscal year.
MARA Company Profile
MARA Holdings, Inc (NASDAQ: MARA), formerly known as Marathon Digital Holdings, is a digital asset mining and energy infrastructure company. Its primary business is securing the Bitcoin network by operating specialized computing equipment that validates transactions and earns Bitcoin rewards.
The company develops and operates data centers and digital asset computing infrastructure, while also pursuing strategies to access low-cost and surplus energy. MARA has expanded its operations through a combination of owned facilities, hosting arrangements and acquisitions, with activities spanning North America and other international markets.
The company was founded in 2010 as Marathon Patent Group and later shifted its focus toward cryptocurrency mining before adopting the Marathon Digital name.
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