Advantage Alpha Capital Partners LP Acquires Shares of 18,808 MARA Holdings, Inc. (NASDAQ:MARA)

Advantage Alpha Capital Partners LP purchased a new stake in shares of MARA Holdings, Inc. (NASDAQ:MARA - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 18,808 shares of the business services provider's stock, valued at approximately $315,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Beacon Capital Management LLC bought a new stake in MARA during the 4th quarter valued at $26,000. Truvestments Capital LLC purchased a new stake in shares of MARA during the 3rd quarter worth $26,000. Larson Financial Group LLC boosted its position in MARA by 124.2% during the third quarter. Larson Financial Group LLC now owns 1,917 shares of the business services provider's stock valued at $31,000 after purchasing an additional 1,062 shares in the last quarter. Stonehage Fleming Financial Services Holdings Ltd boosted its position in 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 valued at $33,000 after purchasing an additional 860 shares in the last quarter. Finally, Spire Wealth Management grew its stake in MARA by 26.7% in the fourth quarter. Spire Wealth Management now owns 2,843 shares of the business services provider's stock valued at $48,000 after purchasing an additional 599 shares during the last quarter. 44.53% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on MARA. Barclays lowered their price target on shares of MARA from $27.00 to $14.00 and set an "equal weight" rating on the stock in a report on Monday, March 3rd. Piper Sandler lowered their target price on shares of MARA from $34.00 to $30.00 and set an "overweight" rating for the company in a research note on Monday, March 3rd. Needham & Company LLC reaffirmed a "hold" rating on shares of MARA in a research report on Thursday, February 27th. JPMorgan Chase & Co. decreased their price objective on MARA from $23.00 to $18.00 and set a "neutral" rating for the company in a report on Thursday, March 13th. Finally, HC Wainwright restated a "buy" rating and set a $28.00 target price on shares of MARA in a research note on Thursday, February 27th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and five have assigned a buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Hold" and an average price target of $22.80.

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Insider Buying and Selling at MARA

In other MARA news, CFO Salman Hassan Khan sold 16,700 shares of the business's stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $15.31, for a total value of $255,677.00. Following the completion of the transaction, the chief financial officer now directly owns 1,773,788 shares of the company's stock, valued at approximately $27,156,694.28. The trade was a 0.93 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Frederick G. Thiel sold 27,505 shares of the firm's stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $16.68, for a total transaction of $458,783.40. Following the sale, the chief executive officer now directly owns 3,910,843 shares in the company, valued at $65,232,861.24. The trade was a 0.70 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 72,710 shares of company stock valued at $1,226,825. 0.80% of the stock is owned by insiders.

MARA Stock Performance

Shares of MARA stock traded down $1.17 on Friday, reaching $12.47. 34,592,169 shares of the stock were exchanged, compared to its average volume of 45,488,241. The business has a 50 day moving average price of $15.52 and a two-hundred day moving average price of $18.04. The firm has a market capitalization of $4.31 billion, a price-to-earnings ratio of 15.78 and a beta of 5.95. MARA Holdings, Inc. has a twelve month low of $12.03 and a twelve month high of $30.28. The company has a quick ratio of 4.00, a current ratio of 4.00 and a debt-to-equity ratio of 0.22.

MARA (NASDAQ:MARA - Get Free Report) last announced its quarterly earnings data on Wednesday, February 26th. The business services provider reported $1.24 EPS for the quarter, beating the consensus estimate of ($0.32) by $1.56. The business had revenue of $214.39 million during the quarter, compared to analysts' expectations of $187.11 million. MARA had a net margin of 27.48% and a negative return on equity of 8.40%. Analysts anticipate that MARA Holdings, Inc. will post -1.04 earnings per share for the current fiscal 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.