MARA Holdings, Inc. (NASDAQ:MARA) Receives Average Rating of “Hold” from Brokerages

Shares of MARA Holdings, Inc. (NASDAQ:MARA) have received an average recommendation of “Hold” from the ten brokerages that are presently covering the company, Marketbeat Ratings reports. Six investment analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $25.67.

Several equities research analysts have recently issued reports on the stock. Needham & Company LLC reiterated a “hold” rating on shares of MARA in a research report on Wednesday, November 13th. Compass Point lowered shares of MARA from a “buy” rating to a “neutral” rating and lifted their price objective for the stock from $21.00 to $25.00 in a research note on Thursday, November 21st. Macquarie lifted their price objective on shares of MARA from $22.00 to $29.00 and gave the stock an “outperform” rating in a research note on Monday, November 18th. Piper Sandler began coverage on shares of MARA in a research note on Tuesday, December 17th. They set an “overweight” rating and a $34.00 target price for the company. Finally, B. Riley lifted their price objective on MARA from $21.00 to $23.00 and gave the company a “neutral” rating in a report on Thursday, December 19th.

Insiders Place Their Bets

In other MARA news, CFO Salman Hassan Khan sold 16,700 shares of the company’s stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $19.80, for a total value of $330,660.00. Following the sale, the chief financial officer now owns 2,029,647 shares in the company, valued at approximately $40,187,010.60. This represents a 0.82 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Frederick G. Thiel sold 27,505 shares of the company’s stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $19.80, for a total value of $544,599.00. Following the transaction, the chief executive officer now directly owns 4,155,595 shares of the company’s stock, valued at approximately $82,280,781. The trade was a 0.66 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 135,915 shares of company stock worth $2,956,634. Corporate insiders own 0.80% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in MARA. Truvestments Capital LLC acquired a new position in shares of MARA during the 3rd quarter worth approximately $26,000. Beacon Capital Management LLC acquired a new position in shares of MARA during the 4th quarter worth approximately $26,000. Larson Financial Group LLC raised its stake in shares of MARA by 124.2% during the 3rd quarter. Larson Financial Group LLC now owns 1,917 shares of the business services provider’s stock worth $31,000 after buying an additional 1,062 shares during the period. Sterling Capital Management LLC raised its stake in shares of MARA by 358.3% during the 4th quarter. Sterling Capital Management LLC now owns 1,824 shares of the business services provider’s stock worth $31,000 after buying an additional 1,426 shares during the period. Finally, Stonehage Fleming Financial Services Holdings Ltd raised its stake in MARA by 79.3% in the 4th quarter. Stonehage Fleming Financial Services Holdings Ltd now owns 1,945 shares of the business services provider’s stock valued at $33,000 after purchasing an additional 860 shares during the last quarter. 44.53% of the stock is owned by institutional investors and hedge funds.

MARA Price Performance

NASDAQ MARA opened at $16.90 on Friday. The stock has a market cap of $5.74 billion, a price-to-earnings ratio of 21.39 and a beta of 5.76. The company has a current ratio of 4.00, a quick ratio of 4.00 and a debt-to-equity ratio of 0.22. MARA has a 12 month low of $13.16 and a 12 month high of $34.09. The company’s 50 day moving average is $19.14 and its two-hundred day moving average is $18.61.

MARA Company 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.