Key Points
- CEO Frederick Thiel sold 27,505 MARA shares at an average price of $9.21, generating approximately $253,321. The transaction was conducted under a pre-arranged Rule 10b5-1 plan, and Thiel retained 4.34 million shares.
- Marathon Digital reported a significant quarterly miss, with a $1.60 loss per share versus expectations for a $0.17 profit and revenue of $174.88 million below the $209.44 million consensus estimate. Revenue declined 26.7% year over year, while the company posted sharply negative margins.
- Analyst sentiment remains mixed but leans positive: eight analysts rate the stock a Buy, two rate it Hold and two rate it Sell, resulting in a “Moderate Buy” consensus and an average price target of $18.78.
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 Monday, August 17th. The shares were sold at an average price of $9.21, for a total value of $147,360.00. Following the completion of the transaction, the chief financial officer owned 377,066 shares in the company, valued at approximately $3,472,777.86. This represents a 4.07% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible 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 Wednesday, June 17th, Salman Hassan Khan sold 16,000 shares of Marathon Digital stock. The shares were sold at an average price of $14.25, for a total transaction of $228,000.00.
Marathon Digital Trading Up 7.7%
Shares of MARA stock opened at $9.65 on Thursday. The firm has a market capitalization of $3.73 billion, a P/E ratio of -1.05 and a beta of 5.40. Marathon Digital Holdings, Inc. has a twelve month low of $6.66 and a twelve month high of $23.45. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 1.15. The stock's fifty day simple moving average is $12.15 and its 200 day simple moving average is $10.98.
Marathon Digital (NASDAQ:MARA - Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The business services provider reported ($1.60) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by ($1.77). The business had revenue of $174.88 million for the quarter, compared to the consensus estimate of $209.44 million. Marathon Digital had a negative net margin of 429.71% and a negative return on equity of 26.05%. Marathon Digital's revenue was down 26.7% on a year-over-year basis. During the same period in the previous year, the business posted $1.84 EPS. As a group, sell-side analysts predict that Marathon Digital Holdings, Inc. will post -1.24 EPS for the current fiscal year.
Hedge Funds Weigh In On Marathon Digital
A number of hedge funds and other institutional investors have recently modified their holdings of MARA. Quantinno Capital Management LP increased its holdings in Marathon Digital by 315.5% during the first quarter. Quantinno Capital Management LP now owns 166,571 shares of the business services provider's stock worth $1,359,000 after buying an additional 126,482 shares during the last quarter. New York State Teachers Retirement System raised its position in Marathon Digital by 28.9% in the fourth quarter. New York State Teachers Retirement System now owns 427,726 shares of the business services provider's stock worth $3,841,000 after acquiring an additional 95,970 shares during the period. Vanguard Group Inc. boosted its stake in Marathon Digital by 3.1% in the fourth quarter. Vanguard Group Inc. now owns 46,706,277 shares of the business services provider's stock valued at $419,422,000 after acquiring an additional 1,394,559 shares during the last quarter. Handelsbanken Fonder AB purchased a new position in Marathon Digital in the fourth quarter valued at about $831,000. Finally, Hsbc Holdings PLC bought a new position in shares of Marathon Digital during the 4th quarter valued at approximately $5,220,000. Hedge funds and other institutional investors own 44.53% of the company's stock.
Analysts Set New Price Targets
Several brokerages have recently commented on MARA. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Marathon Digital in a research report on Friday, August 7th. Morgan Stanley boosted their target price on shares of Marathon Digital from $5.50 to $6.00 and gave the company an "underweight" rating in a research report on Thursday, August 13th. Rosenblatt Securities reissued a "buy" rating and set a $15.00 target price on shares of Marathon Digital in a research note on Friday, August 7th. Cantor Fitzgerald reduced their price target on shares of Marathon Digital from $14.00 to $12.00 and set an "overweight" rating for the company in a report on Friday, August 7th. Finally, Citizens Jmp assumed coverage on shares of Marathon Digital in a research note on Wednesday, June 24th. They issued a "market outperform" rating and a $24.00 price target for the company. Eight investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $18.78.
Check Out Our Latest Research Report on MARA
Key Marathon Digital News
Here are the key news stories impacting Marathon Digital this week:
- Positive Sentiment: Crypto and blockchain-related shares moved higher in premarket trading after the White House call for clearer digital-asset regulations, providing a favorable backdrop for Marathon’s Bitcoin-mining business. Bitcoin, crypto shares climb after Trump pushes Clarity Act
- Neutral Sentiment: Marathon’s planned expansion into AI and power infrastructure could diversify revenue beyond Bitcoin mining, but investors remain focused on execution, funding needs and whether the opportunity is already reflected in the valuation. MARA Holdings Stock Still Looks Expensive As AI Lease Plans Grow
- Negative Sentiment: Recent second-quarter results continue to weigh on the investment case: revenue fell 26.7% year over year to $174.88 million, below the $209.44 million consensus estimate, while the company reported a $1.60-per-share loss instead of the expected $0.17 profit. Analysts expect a full-year loss of approximately $1.24 per share. MARA Holdings Earnings Miss Puts Its Valuation Narrative Back In Focus
- Negative Sentiment: Higher Treasury yields are pressuring Bitcoin miners by raising financing costs and reducing the appeal of capital-intensive investments in mining capacity, power assets and AI infrastructure. Marathon’s high-beta stock remains sensitive to these sector-wide risk-off conditions. MARA Holdings Falls as Rates Outweigh Bitcoin Treasury
- Negative Sentiment: CEO Frederick Thiel sold 27,505 shares and CFO Salman Hassan Khan sold 16,000 shares at about $9.21 per share. Both transactions were made under pre-arranged Rule 10b5-1 plans, and the executives retained substantial positions, but the sales may still weigh modestly on sentiment. SEC Insider Transaction Filing
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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