Natixis Advisors LLC Invests $255,000 in MARA Holdings, Inc. (NASDAQ:MARA)

Natixis Advisors LLC acquired a new position in MARA Holdings, Inc. (NASDAQ:MARA) in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 15,699 shares of the business services provider’s stock, valued at approximately $255,000.

Other hedge funds also recently modified their holdings of the company. Financial Advocates Investment Management increased its stake in MARA by 5.2% in the 3rd quarter. Financial Advocates Investment Management now owns 14,201 shares of the business services provider’s stock valued at $230,000 after buying an additional 700 shares during the period. Ranch Capital Advisors Inc. grew its holdings in shares of MARA by 6.1% in the 2nd quarter. Ranch Capital Advisors Inc. now owns 13,532 shares of the business services provider’s stock worth $269,000 after purchasing an additional 780 shares during the last quarter. Crossmark Global Holdings Inc. lifted its position in MARA by 6.6% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 18,879 shares of the business services provider’s stock worth $306,000 after buying an additional 1,170 shares in the last quarter. Signaturefd LLC increased its position in MARA by 74.8% in the third quarter. Signaturefd LLC now owns 2,975 shares of the business services provider’s stock worth $48,000 after purchasing an additional 1,273 shares during the period. Finally, Impact Partnership Wealth LLC boosted its holdings in MARA by 7.6% during the third quarter. Impact Partnership Wealth LLC now owns 19,766 shares of the business services provider’s stock worth $321,000 after buying an additional 1,394 shares during the last quarter. 44.53% of the stock is currently owned by institutional investors and hedge funds.

MARA Trading Up 7.8 %

Shares of NASDAQ:MARA opened at $26.92 on Friday. The company’s 50-day moving average price is $18.65 and its two-hundred day moving average price is $18.88. The company has a debt-to-equity ratio of 0.22, a current ratio of 4.00 and a quick ratio of 4.00. MARA Holdings, Inc. has a one year low of $11.55 and a one year high of $34.09. The stock has a market capitalization of $8.66 billion, a PE ratio of 34.08 and a beta of 5.52.

MARA (NASDAQ:MARA) last issued its quarterly earnings results on Tuesday, November 12th. The business services provider reported ($0.42) EPS for the quarter, missing the consensus estimate of ($0.38) by ($0.04). MARA had a negative return on equity of 8.40% and a net margin of 27.48%. The business had revenue of $131.60 million for the quarter, compared to the consensus estimate of $140.26 million. During the same period last year, the firm earned ($0.05) earnings per share. The company’s quarterly revenue was up 34.4% compared to the same quarter last year. On average, equities analysts forecast that MARA Holdings, Inc. will post -1.02 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research firms recently issued reports on MARA. Needham & Company LLC reissued a “hold” rating on shares of MARA in a research note on Wednesday, November 13th. Compass Point downgraded shares of MARA from a “buy” rating to a “neutral” rating and increased their price objective for the stock from $21.00 to $25.00 in a research report on Thursday, November 21st. Cantor Fitzgerald assumed coverage on shares of MARA in a research report on Thursday, October 10th. They issued an “overweight” rating and a $21.00 price objective on the stock. JPMorgan Chase & Co. reduced their target price on shares of MARA from $14.00 to $12.00 and set an “underweight” rating for the company in a research note on Friday, August 23rd. Finally, Macquarie boosted their price target on MARA from $22.00 to $29.00 and gave the company an “outperform” rating in a report on Monday, November 18th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $23.33.

Insider Transactions at MARA

In other MARA news, CFO Salman Hassan Khan sold 16,700 shares of the business’s stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $15.70, for a total value of $262,190.00. Following the completion of the sale, the chief financial officer now owns 2,103,347 shares of the company’s stock, valued at $33,022,547.90. The trade was a 0.79 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Jay P. Leupp sold 11,200 shares of the business’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $27.06, for a total transaction of $303,072.00. Following the completion of the sale, the director now directly owns 142,556 shares of the company’s stock, valued at $3,857,565.36. This represents a 7.28 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 146,822 shares of company stock worth $2,702,877 in the last ninety days. Insiders own 0.97% of the company’s stock.

About MARA

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.