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

Shares of MARA Holdings, Inc. (NASDAQ:MARA) have received a consensus rating of “Hold” from the ten research firms that are currently covering the firm, Marketbeat Ratings reports. Six equities research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $25.67.

A number of brokerages recently issued reports on MARA. Barclays began coverage on MARA in a research report on Monday, November 25th. They issued an “equal weight” rating and a $27.00 price objective on the stock. Piper Sandler assumed coverage on MARA in a research report on Tuesday, December 17th. They set an “overweight” rating and a $34.00 price target on the stock. HC Wainwright restated a “buy” rating and set a $28.00 price target on shares of MARA in a research report on Wednesday, December 4th. Macquarie raised their price target on MARA from $22.00 to $29.00 and gave the company an “outperform” rating in a research report on Monday, November 18th. Finally, B. Riley raised their price target on MARA from $21.00 to $23.00 and gave the company a “neutral” rating in a research report on Thursday, December 19th.

MARA Trading Down 8.1 %

Shares of MARA stock opened at $14.66 on Friday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 4.00 and a current ratio of 4.00. MARA has a 52-week low of $13.16 and a 52-week high of $34.09. The company has a market capitalization of $4.98 billion, a PE ratio of 18.56 and a beta of 5.76. The business’s fifty day moving average is $18.42 and its 200 day moving average is $18.54.

Insider Transactions at MARA

In other news, CEO Frederick G. Thiel sold 27,505 shares of MARA stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $23.50, for a total value of $646,367.50. Following the transaction, the chief executive officer now owns 4,128,090 shares in the company, valued at approximately $97,010,115. The trade was a 0.66 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Jay P. Leupp sold 6,800 shares of MARA stock in a transaction dated Friday, November 29th. The stock was sold at an average price of $29.90, for a total value of $203,320.00. Following the completion of the transaction, the director now owns 135,756 shares in the company, valued at approximately $4,059,104.40. This represents a 4.77 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 119,215 shares of company stock worth $2,540,158. Company insiders own 0.80% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Private Advisor Group LLC grew its stake in shares of MARA by 27.7% in the third quarter. Private Advisor Group LLC now owns 226,199 shares of the business services provider’s stock worth $3,669,000 after purchasing an additional 49,062 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of MARA by 8.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 2,656,363 shares of the business services provider’s stock worth $43,086,000 after purchasing an additional 217,106 shares during the last quarter. Mutual of America Capital Management LLC grew its stake in shares of MARA by 112.4% in the third quarter. Mutual of America Capital Management LLC now owns 203,975 shares of the business services provider’s stock worth $3,308,000 after purchasing an additional 107,963 shares during the last quarter. Everence Capital Management Inc. bought a new stake in shares of MARA in the third quarter worth about $640,000. Finally, Weiss Asset Management LP bought a new stake in shares of MARA in the third quarter worth about $1,557,000. Hedge funds and other institutional investors own 44.53% of the company’s stock.

About MARA

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.