Key Points
- CFO Salman Hassan Khan sold 16,000 Marathon Digital shares on April 17 at an average price of $11.68 under a pre‑arranged Rule 10b5‑1 plan, trimming his stake by 3.5% to 441,066 shares (≈$5.15M).
- He executed similar scheduled sales earlier this year—16,000 shares on March 17 (avg $9.18) and 16,000 on Feb 17 (avg $7.66)—showing a pattern of recurring insider sales.
- Marathon posted a large quarterly EPS miss (($4.52) vs. ($0.23) expected) and revenue below estimates, the stock has recently weakened (~3.4% intraday), and analysts hold a consensus "Hold" rating with a $19.90 target.
Marathon Digital Holdings, Inc. (NASDAQ:MARA - Get Free Report) CFO Salman Hassan Khan sold 16,000 shares of Marathon Digital stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $11.68, for a total value of $186,880.00. Following the sale, the chief financial officer directly owned 441,066 shares in the company, valued at approximately $5,151,650.88. This trade represents a 3.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Salman Hassan Khan also recently made the following trade(s):
- On Tuesday, March 17th, Salman Hassan Khan sold 16,000 shares of Marathon Digital stock. The shares were sold at an average price of $9.18, for a total value of $146,880.00.
- On Tuesday, February 17th, Salman Hassan Khan sold 16,000 shares of Marathon Digital stock. The shares were sold at an average price of $7.66, for a total value of $122,560.00.
Marathon Digital Stock Down 3.4%
NASDAQ MARA opened at $11.23 on Wednesday. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 0.92. The stock's 50 day moving average is $8.88 and its two-hundred day moving average is $11.54. The company has a market capitalization of $4.27 billion, a price-to-earnings ratio of -2.84 and a beta of 5.29. Marathon Digital Holdings, Inc. has a 1-year low of $6.66 and a 1-year high of $23.45.
Marathon Digital (NASDAQ:MARA - Get Free Report) last released its quarterly earnings data on Thursday, February 26th. The business services provider reported ($4.52) earnings per share for the quarter, missing analysts' consensus estimates of ($0.23) by ($4.29). The company had revenue of $202.31 million for the quarter, compared to analyst estimates of $250.74 million. Marathon Digital had a negative net margin of 144.58% and a negative return on equity of 19.01%. The firm's revenue for the quarter was down 5.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.24 earnings per share. Equities analysts forecast that Marathon Digital Holdings, Inc. will post -0.79 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Marathon Digital
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Hollencrest Capital Management increased its position in Marathon Digital by 2,407.4% in the 3rd quarter. Hollencrest Capital Management now owns 1,354 shares of the business services provider's stock valued at $25,000 after acquiring an additional 1,300 shares in the last quarter. Bessemer Group Inc. increased its position in Marathon Digital by 56.8% in the 3rd quarter. Bessemer Group Inc. now owns 1,819 shares of the business services provider's stock valued at $33,000 after acquiring an additional 659 shares in the last quarter. Eurizon Capital SGR S.p.A. acquired a new stake in Marathon Digital in the 4th quarter valued at about $36,000. Hantz Financial Services Inc. lifted its holdings in Marathon Digital by 344.8% during the 4th quarter. Hantz Financial Services Inc. now owns 5,022 shares of the business services provider's stock worth $45,000 after buying an additional 3,893 shares in the last quarter. Finally, Salomon & Ludwin LLC acquired a new position in Marathon Digital during the 3rd quarter worth $47,000. Institutional investors and hedge funds own 44.53% of the company's stock.
Trending Headlines about Marathon Digital
Here are the key news stories impacting Marathon Digital this week:
- Positive Sentiment: Broader market note that increased market access may lift liquidity and participation in narrative‑driven sectors (which could help crypto‑related names like Marathon over time). Read More.
- Neutral Sentiment: CFO Salman Hassan Khan sold 16,000 shares at an average $11.68 under a pre‑arranged Rule 10b5‑1 plan; post‑sale ownership remains substantial. Read More.
- Neutral Sentiment: General Counsel Zabi Nowaid sold 42,090 shares at an average $12.00 via a 10b5‑1 plan; he still holds a seven‑figure share position. Read More.
- Neutral Sentiment: CEO Frederick G. Thiel sold 27,505 shares at an average $11.68 under a 10b5‑1 plan; his remaining stake is large and the sale reduced his position only modestly. Read More.
- Negative Sentiment: Market writeups flagged that MARA fell more than the broader market today — the coverage highlights the decline and points investors toward possible drivers (insider selling and sector volatility). Read More.
- Negative Sentiment: Another roundup notes the same intraday weakness and reiterates the stock’s larger-than‑market drop, reinforcing negative sentiment in headlines. Read More.
Analysts Set New Price Targets
MARA has been the topic of a number of recent research reports. Morgan Stanley initiated coverage on Marathon Digital in a report on Monday, February 9th. They set an "underweight" rating and a $8.00 price objective on the stock. Cantor Fitzgerald decreased their price objective on Marathon Digital from $11.00 to $10.00 and set an "overweight" rating on the stock in a report on Thursday, April 9th. HC Wainwright reissued a "neutral" rating on shares of Marathon Digital in a report on Friday, February 27th. Piper Sandler reduced their target price on Marathon Digital from $26.00 to $16.00 and set an "overweight" rating on the stock in a report on Wednesday, January 14th. Finally, Weiss Ratings downgraded Marathon Digital from a "hold (c-)" rating to a "sell (d)" rating in a report on Friday, March 6th. Seven research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat.com, Marathon Digital presently has a consensus rating of "Hold" and a consensus price target of $19.90.
View Our Latest Research Report on Marathon Digital
Marathon Digital Company Profile
(
Get Free Report)
Marathon Digital Holdings, Inc is a digital asset technology company specializing in the mining and acquisition of bitcoin. Headquartered in Las Vegas, Nevada, the firm employs high-performance application-specific integrated circuit (ASIC) miners and proprietary software to secure the Bitcoin network and expand its crypto-mining footprint. Marathon Digital focuses on operational efficiency and scalability, while maintaining rigorous standards for regulatory compliance and corporate governance.
The company operates multiple large-scale mining facilities throughout North America, including sites in Texas, Montana and New York.
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