13,760 Shares in MARA Holdings, Inc. (NASDAQ:MARA) Bought by Arkadios Wealth Advisors

Arkadios Wealth Advisors acquired a new stake in MARA Holdings, Inc. (NASDAQ:MARA) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 13,760 shares of the business services provider’s stock, valued at approximately $231,000.

Other large investors have also recently made changes to their positions in the company. Truvestments Capital LLC bought a new position in MARA in the 3rd quarter worth approximately $26,000. Larson Financial Group LLC lifted its position in shares of MARA by 124.2% during the third quarter. Larson Financial Group LLC now owns 1,917 shares of the business services provider’s stock worth $31,000 after acquiring an additional 1,062 shares in the last quarter. Signaturefd LLC boosted its holdings in shares of 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 acquiring an additional 1,273 shares during the period. Capital Performance Advisors LLP purchased a new position in shares of MARA in the third quarter valued at $50,000. Finally, Tobam raised its stake in shares of MARA by 173.0% during the 3rd quarter. Tobam now owns 7,701 shares of the business services provider’s stock valued at $125,000 after purchasing an additional 4,880 shares during the period. 44.53% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, CFO Salman Hassan Khan sold 16,700 shares of MARA stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $19.80, for a total transaction of $330,660.00. Following the sale, the chief financial officer now owns 2,029,647 shares of the company’s stock, valued at approximately $40,187,010.60. The trade was a 0.82 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Frederick G. Thiel sold 27,505 shares of the stock in a transaction dated Thursday, January 16th. The stock was sold at an average price of $18.01, for a total transaction of $495,365.05. Following the completion of the transaction, the chief executive officer now directly owns 4,100,585 shares of the company’s stock, valued at approximately $73,851,535.85. The trade was a 0.67 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 136,915 shares of company stock valued at $2,980,694 over the last three months. 0.97% of the stock is owned by company insiders.

MARA Trading Up 1.3 %

MARA stock opened at $19.95 on Friday. The company has a market capitalization of $6.42 billion, a PE ratio of 25.25 and a beta of 5.76. The company has a debt-to-equity ratio of 0.22, a quick ratio of 4.00 and a current ratio of 4.00. MARA Holdings, Inc. has a one year low of $13.16 and a one year high of $34.09. The company’s 50 day moving average price is $21.37 and its two-hundred day moving average price is $19.09.

MARA (NASDAQ:MARA) last issued its earnings results on Tuesday, November 12th. The business services provider reported ($0.42) EPS for the quarter, missing analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $140.26 million. During the same quarter in the previous year, the business earned ($0.05) EPS. MARA’s revenue for the quarter was up 34.4% compared to the same quarter last year. As a group, analysts predict that MARA Holdings, Inc. will post -1.04 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms recently weighed in on MARA. JPMorgan Chase & Co. raised shares of MARA from an “underweight” rating to a “neutral” rating and upped their target price for the stock from $12.00 to $23.00 in a report on Tuesday, December 10th. Compass Point downgraded 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. HC Wainwright restated a “buy” rating and set a $28.00 target price on shares of MARA in a research report on Wednesday, December 4th. Needham & Company LLC reaffirmed a “hold” rating on shares of MARA in a report on Wednesday, November 13th. Finally, B. Riley boosted 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. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $25.67.

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.