Gladstone Institutional Advisory LLC Boosts Stock Holdings in MARA Holdings, Inc. (NASDAQ:MARA)

Gladstone Institutional Advisory LLC lifted its stake in shares of MARA Holdings, Inc. (NASDAQ:MARA) by 12.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 54,340 shares of the business services provider’s stock after acquiring an additional 6,059 shares during the quarter. Gladstone Institutional Advisory LLC’s holdings in MARA were worth $911,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Truvestments Capital LLC purchased a new stake in shares of MARA during the third quarter worth $26,000. Larson Financial Group LLC increased 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 during the period. Stonehage Fleming Financial Services Holdings Ltd increased its position in shares of MARA by 79.3% during the fourth quarter. Stonehage Fleming Financial Services Holdings Ltd now owns 1,945 shares of the business services provider’s stock worth $33,000 after acquiring an additional 860 shares during the period. Signaturefd LLC increased its position in shares of MARA by 74.8% during 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. Finally, Spire Wealth Management increased its position in shares of MARA by 26.7% during the fourth quarter. Spire Wealth Management now owns 2,843 shares of the business services provider’s stock worth $48,000 after acquiring an additional 599 shares during the period. Hedge funds and other institutional investors own 44.53% of the company’s stock.

Insider Buying and Selling at MARA

In other news, CEO Frederick G. Thiel sold 27,505 shares of the stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $19.80, for a total transaction of $544,599.00. Following the completion of the sale, the chief executive officer now owns 4,155,595 shares in the company, valued at approximately $82,280,781. This represents a 0.66 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Jay P. Leupp sold 11,200 shares of the stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $27.06, for a total transaction of $303,072.00. Following the sale, the director now owns 142,556 shares of the company’s stock, valued at $3,857,565.36. This trade represents a 7.28 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 135,915 shares of company stock worth $2,956,634 over the last 90 days. Corporate insiders own 0.80% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on MARA shares. HC Wainwright reaffirmed a “buy” rating and set a $28.00 price objective on shares of MARA in a research report on Wednesday, December 4th. Macquarie increased their target price on MARA from $22.00 to $29.00 and gave the company an “outperform” rating in a report on Monday, November 18th. Barclays initiated coverage on MARA in a report on Monday, November 25th. They issued an “equal weight” rating and a $27.00 target price on the stock. B. Riley increased their target price on MARA from $21.00 to $23.00 and gave the company a “neutral” rating in a report on Thursday, December 19th. Finally, Needham & Company LLC reissued a “hold” rating on shares of MARA in a report on Wednesday, November 13th. One research analyst has rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $25.67.

MARA Stock Performance

NASDAQ MARA opened at $16.91 on Friday. The company has a debt-to-equity ratio of 0.22, a current ratio of 4.00 and a quick ratio of 4.00. MARA Holdings, Inc. has a 1 year low of $13.16 and a 1 year high of $34.09. The company has a market capitalization of $5.74 billion, a PE ratio of 21.41 and a beta of 5.76. The company has a fifty day moving average of $19.49 and a two-hundred day moving average of $18.65.

MARA (NASDAQ:MARA) last released its quarterly earnings data on Tuesday, November 12th. The business services provider reported ($0.42) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.38) by ($0.04). MARA had a net margin of 27.48% and a negative return on equity of 8.40%. The company had revenue of $131.60 million during the quarter, compared to analyst estimates of $140.26 million. During the same quarter in the prior year, the company earned ($0.05) EPS. The business’s revenue was up 34.4% on a year-over-year basis. As a group, analysts expect that MARA Holdings, Inc. will post -1.04 earnings per share for the current year.

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.