41,653 Shares in MARA Holdings, Inc. (NASDAQ:MARA) Purchased by Capital Advisors Inc. OK

Capital Advisors Inc. OK bought a new position in shares of MARA Holdings, Inc. (NASDAQ:MARA - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 41,653 shares of the business services provider's stock, valued at approximately $699,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Truvestments Capital LLC acquired a new position in MARA during the 3rd quarter worth approximately $26,000. Larson Financial Group LLC lifted its holdings in MARA by 124.2% in the 3rd quarter. Larson Financial Group LLC now owns 1,917 shares of the business services provider's stock worth $31,000 after buying an additional 1,062 shares in the last quarter. Stonehage Fleming Financial Services Holdings Ltd grew its stake 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 valued at $33,000 after acquiring an additional 860 shares in the last quarter. 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 last quarter. Finally, Signaturefd LLC boosted its holdings in MARA by 74.8% in the third quarter. Signaturefd LLC now owns 2,975 shares of the business services provider's stock valued at $48,000 after purchasing an additional 1,273 shares during the last quarter. 44.53% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at MARA

In related news, CEO Frederick G. Thiel sold 27,505 shares of MARA stock in a transaction on Thursday, January 16th. The shares were sold at an average price of $18.01, for a total value of $495,365.05. Following the transaction, the chief executive officer now owns 4,100,585 shares in the company, valued at $73,851,535.85. This trade represents a 0.67 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Salman Hassan Khan sold 16,700 shares of the firm's stock in a transaction on Monday, December 16th. The stock was sold at an average price of $23.50, for a total transaction of $392,450.00. Following the completion of the sale, the chief financial officer now owns 1,836,129 shares in the company, valued at approximately $43,149,031.50. The trade was a 0.90 % 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 ninety days. 0.80% of the stock is currently owned by insiders.

MARA Stock Down 0.1 %

Shares of MARA stock traded down $0.01 during trading on Friday, hitting $16.90. 25,096,777 shares of the stock traded hands, compared to its average volume of 35,322,888. The company has a fifty day moving average price of $19.14 and a two-hundred day moving average price of $18.60. MARA Holdings, Inc. has a twelve month low of $13.16 and a twelve month high of $34.09. The stock has a market cap of $5.74 billion, a P/E ratio of 21.39 and a beta of 5.76. The company has a debt-to-equity ratio of 0.22, a quick ratio of 4.00 and a current ratio of 4.00.

Analysts Set New Price Targets

MARA has been the topic of several analyst reports. HC Wainwright restated a "buy" rating and set a $28.00 price objective on shares of MARA in a report on Wednesday, December 4th. Compass Point lowered MARA from a "buy" rating to a "neutral" rating and boosted their price objective for the company from $21.00 to $25.00 in a report on Thursday, November 21st. Barclays assumed coverage on MARA in a research note on Monday, November 25th. They set an "equal weight" rating and a $27.00 price objective for the company. B. Riley upped their target price on MARA from $21.00 to $23.00 and gave the stock a "neutral" rating in a research report on Thursday, December 19th. Finally, JPMorgan Chase & Co. upgraded shares of MARA from an "underweight" rating to a "neutral" rating and raised their target price for the stock from $12.00 to $23.00 in a report on Tuesday, December 10th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $25.67.

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.