MARA Holdings (NASDAQ:MARA - Get Free Report) CEO Frederick Thiel sold 27,505 shares of the business's stock in a transaction that occurred on Monday, November 2nd. The stock was sold at an average price of $6.79, for a total value of $186,758.95. Following the sale, the chief executive officer owned 4,149,585 shares of the company's stock, valued at approximately $28,175,682.15. This trade represents a 0.66% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
MARA Trading Up 11.4%
Shares of MARA stock opened at $7.16 on Wednesday. The business has a 50 day simple moving average of $10.20 and a two-hundred day simple moving average of $10.75. MARA Holdings has a 12 month low of $6.37 and a 12 month high of $18.04. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.89 and a quick ratio of 0.89.
MARA (NASDAQ:MARA - Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The business services provider reported ($1.60) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.17 by ($1.77). MARA had a negative return on equity of 26.05% and a negative net margin of 429.71%. The firm had revenue of $174.88 million during the quarter, compared to analyst estimates of $209.44 million. During the same period in the prior year, the firm earned $1.84 earnings per share. The business's revenue was down 26.7% on a year-over-year basis. As a group, equities research analysts anticipate that MARA Holdings will post -1.65 EPS for the current year.
MARA News Summary
Here are the key news stories impacting MARA this week:
- Positive Sentiment: MARA rose with other Bitcoin miners in a broad sector rebound, and after-hours trading extended the move. The coverage highlights the stock’s role as a high-volatility proxy for Bitcoin-related sentiment, which can magnify gains when miners rally. MARA Surges Nearly 10% After Hours, Reinforcing Its Bitcoin Proxy Role
- Neutral Sentiment: Short interest reached 33.65% of the float as of October 15, up 11.1% from September 30. The elevated bearish positioning could add volatility and potentially fuel a short-covering rally, but also reflects substantial investor skepticism. MARA Holdings Stock Short Interest Rises to 33.65%
- Neutral Sentiment: The company scheduled its third-quarter results call for November 9. The report may clarify progress on leases and its Longridge project, as well as the effect of a reportedly shrinking Bitcoin cushion. MARA Schedules Conference Call for Third Quarter 2026 Financial Results
- Negative Sentiment: Recent insider-trading data showed 18 open-market sales and no purchases over the past six months, including sales by the CEO and CFO. This may weigh on sentiment, though insider sales alone do not establish the company’s outlook. MARA Holdings Stock Short Interest Rises to 33.65%
Analysts Set New Price Targets
Several equities research analysts have issued reports on the stock. Rosenblatt Securities reaffirmed a "buy" rating and set a $15.00 target price on shares of MARA in a research note on Friday, August 7th. Piper Sandler reaffirmed an "overweight" rating and set a $11.00 target price (down from $13.00) on shares of MARA in a report on Tuesday, October 20th. HC Wainwright initiated coverage on shares of MARA in a research report on Friday, September 11th. They issued a "buy" rating and a $20.00 target price for the company. Morgan Stanley set a $10.00 price target on shares of MARA and gave the stock an "underweight" rating in a research note on Friday, October 9th. Finally, JPMorgan Chase & Co. lowered shares of MARA from an "overweight" rating to an "underweight" rating and lowered their price target for the stock from $13.00 to $11.00 in a research report on Monday, September 14th. Seven equities research analysts have rated the stock with a Buy rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $17.78.
View Our Latest Analysis on MARA
Institutional Investors Weigh In On MARA
A number of large investors have recently made changes to their positions in MARA. Principal Financial Group Inc. increased its holdings in shares of MARA by 2.0% in the first quarter. Principal Financial Group Inc. now owns 1,838,149 shares of the business services provider's stock valued at $14,999,000 after purchasing an additional 35,978 shares during the last quarter. Headlands Technologies LLC boosted its stake in MARA by 51.2% during the second quarter. Headlands Technologies LLC now owns 444,756 shares of the business services provider's stock worth $6,178,000 after buying an additional 150,665 shares during the last quarter. Compass Financial Management LLC acquired a new position in MARA during the second quarter worth $6,000,000. Hsbc Holdings PLC acquired a new position in MARA during the fourth quarter worth $5,220,000. Finally, Delta Global Management LP purchased a new stake in MARA in the 1st quarter valued at $5,064,000. 44.53% of the stock is currently owned by hedge funds and other institutional investors.
MARA Company Profile
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Get Free Report)
MARA Holdings, Inc (NASDAQ: MARA), formerly known as Marathon Digital Holdings, is a digital asset mining and energy infrastructure company. Its primary business is securing the Bitcoin network by operating specialized computing equipment that validates transactions and earns Bitcoin rewards.
The company develops and operates data centers and digital asset computing infrastructure, while also pursuing strategies to access low-cost and surplus energy. MARA has expanded its operations through a combination of owned facilities, hosting arrangements and acquisitions, with activities spanning North America and other international markets.
The company was founded in 2010 as Marathon Patent Group and later shifted its focus toward cryptocurrency mining before adopting the Marathon Digital name.
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