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

Capital Advisors Inc. OK acquired a new stake in MARA Holdings, Inc. (NASDAQ:MARA) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 41,653 shares of the business services provider’s stock, valued at approximately $699,000.

Other institutional investors have also added to or reduced their stakes in the company. 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 acquiring an additional 49,062 shares during the period. Charles Schwab Investment Management Inc. grew its position in MARA by 8.9% in the 3rd 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 period. Mutual of America Capital Management LLC raised its stake in MARA by 112.4% during the 3rd quarter. Mutual of America Capital Management LLC now owns 203,975 shares of the business services provider’s stock valued at $3,308,000 after buying an additional 107,963 shares during the last quarter. Everence Capital Management Inc. purchased a new position in shares of MARA in the 3rd quarter worth $640,000. Finally, Weiss Asset Management LP bought a new stake in shares of MARA in the third quarter worth $1,557,000. 44.53% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on MARA. Barclays began 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. HC Wainwright reiterated a “buy” rating and issued a $28.00 price objective on shares of MARA in a research note on Wednesday, December 4th. JPMorgan Chase & Co. upgraded shares of MARA from an “underweight” rating to a “neutral” rating and boosted their target price for the company from $12.00 to $23.00 in a research report on Tuesday, December 10th. B. Riley increased their price target on shares of MARA from $21.00 to $23.00 and gave the stock a “neutral” rating in a research report on Thursday, December 19th. Finally, Compass Point downgraded shares of 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 research report on Thursday, November 21st. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $25.67.

MARA Stock Performance

Shares of NASDAQ MARA opened at $16.24 on Thursday. 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 firm has a fifty day moving average price of $19.49 and a 200-day moving average price of $18.65. The stock has a market cap of $5.51 billion, a PE ratio of 20.56 and a beta of 5.76.

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

Insider Buying and Selling

In other news, Director Jay P. Leupp sold 11,200 shares of the firm’s 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 completion of the transaction, the director now owns 142,556 shares in the company, valued at $3,857,565.36. This trade represents a 7.28 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Frederick G. Thiel sold 27,505 shares of the business’s stock in a transaction dated Thursday, January 16th. The stock was sold at an average price of $18.01, for a total value of $495,365.05. Following the completion of the sale, the chief executive officer now owns 4,100,585 shares in the company, valued at $73,851,535.85. This represents a 0.67 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 135,915 shares of company stock worth $2,956,634. 0.80% of the stock is owned by corporate insiders.

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.