MARA Holdings, Inc. (NASDAQ:MARA) Stock Holdings Increased by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC boosted its stake in shares of MARA Holdings, Inc. (NASDAQ:MARA) by 35.0% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 105,385 shares of the business services provider’s stock after purchasing an additional 27,324 shares during the period. Commonwealth Equity Services LLC’s holdings in MARA were worth $1,767,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. Charles Schwab Investment Management Inc. grew its holdings in shares of MARA by 8.9% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,656,363 shares of the business services provider’s stock valued at $43,086,000 after acquiring an additional 217,106 shares in the last quarter. Weiss Asset Management LP acquired a new stake in MARA during the third quarter valued at $1,557,000. Public Sector Pension Investment Board grew its stake in MARA by 4.0% in the third quarter. Public Sector Pension Investment Board now owns 624,818 shares of the business services provider’s stock valued at $10,135,000 after purchasing an additional 24,300 shares in the last quarter. Capital Advisors Inc. OK acquired a new position in MARA in the 4th quarter worth about $699,000. Finally, Arkadios Wealth Advisors purchased a new stake in shares of MARA during the 4th quarter worth about $231,000. Institutional investors and hedge funds own 44.53% of the company’s stock.

MARA Stock Performance

Shares of NASDAQ MARA opened at $12.47 on Friday. MARA Holdings, Inc. has a 12 month low of $12.03 and a 12 month high of $30.28. The company has a market cap of $4.31 billion, a P/E ratio of 15.78 and a beta of 5.95. The business’s 50 day moving average is $15.52 and its two-hundred day moving average is $18.04. The company has a quick ratio of 4.00, a current ratio of 4.00 and a debt-to-equity ratio of 0.22.

MARA (NASDAQ:MARA) last released its earnings results on Wednesday, February 26th. The business services provider reported $1.24 EPS for the quarter, beating the consensus estimate of ($0.32) by $1.56. The firm had revenue of $214.39 million during the quarter, compared to analysts’ expectations of $187.11 million. MARA had a net margin of 27.48% and a negative return on equity of 8.40%. On average, equities analysts expect that MARA Holdings, Inc. will post -1.04 EPS for the current year.

Analyst Ratings Changes

MARA has been the topic of a number of research reports. B. Riley increased their price objective on MARA from $21.00 to $23.00 and gave the stock a “neutral” rating in a report on Thursday, December 19th. HC Wainwright restated a “buy” rating and set a $28.00 price target on shares of MARA in a report on Thursday, February 27th. JPMorgan Chase & Co. decreased their price objective on shares of MARA from $23.00 to $18.00 and set a “neutral” rating for the company in a report on Thursday, March 13th. Rosenblatt Securities started coverage on MARA in a report on Friday, March 7th. They set a “buy” rating and a $19.00 target price on the stock. Finally, Needham & Company LLC reiterated a “hold” rating on shares of MARA in a research note on Thursday, February 27th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $22.80.

Insider Activity at MARA

In related news, CFO Salman Hassan Khan sold 16,700 shares of the firm’s stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $15.31, for a total value of $255,677.00. Following the completion of the transaction, the chief financial officer now directly owns 1,773,788 shares of the company’s stock, valued at $27,156,694.28. This trade represents a 0.93 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Frederick G. Thiel sold 27,505 shares of the business’s stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $16.68, for a total transaction of $458,783.40. Following the completion of the sale, the chief executive officer now directly owns 3,910,843 shares in the company, valued at $65,232,861.24. This trade represents a 0.70 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 72,710 shares of company stock worth $1,226,825. Company insiders own 0.80% of the company’s stock.

MARA Profile

MARA Holdings, Inc operates as a digital asset technology company that mines digital assets with a focus on the bitcoin ecosystem in United States. The company was formerly known as Marathon Digital Holdings, Inc and changed its name to MARA Holdings, Inc in August 2024. MARA Holdings, Inc was incorporated in 2010 and is headquartered in Fort Lauderdale, Florida.