MARA (NASDAQ:MARA) Shares Down 5% – Should You Sell?

Shares of MARA Holdings, Inc. (NASDAQ:MARA) traded down 5% during trading on Monday . The company traded as low as $13.68 and last traded at $13.93. 15,123,814 shares changed hands during trading, a decline of 55% from the average session volume of 33,514,801 shares. The stock had previously closed at $14.66.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Compass Point lowered shares of MARA from a “buy” rating to a “neutral” rating and increased their price objective for the company from $21.00 to $25.00 in a research report on Thursday, November 21st. Barclays started coverage on shares of MARA in a report on Monday, November 25th. They issued an “equal weight” rating and a $27.00 price target on the stock. Needham & Company LLC reaffirmed a “hold” rating on shares of MARA in a research report on Wednesday, November 13th. B. Riley lifted their price target on MARA from $21.00 to $23.00 and gave the stock a “neutral” rating in a report on Thursday, December 19th. Finally, Piper Sandler started coverage on MARA in a report on Tuesday, December 17th. They issued an “overweight” rating and a $34.00 price objective on the stock. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $25.67.

MARA Trading Down 4.8 %

The company has a debt-to-equity ratio of 0.22, a quick ratio of 4.00 and a current ratio of 4.00. The company has a market capitalization of $4.73 billion, a price-to-earnings ratio of 17.58 and a beta of 5.76. The firm has a fifty day moving average price of $18.42 and a 200-day moving average price of $18.56.

Insider Buying and Selling

In other news, CFO Salman Hassan Khan sold 16,700 shares of MARA stock in a transaction on Monday, December 16th. The stock was sold at an average price of $23.50, for a total value of $392,450.00. Following the transaction, the chief financial officer now owns 1,836,129 shares in the company, valued at approximately $43,149,031.50. This trade represents a 0.90 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Frederick G. Thiel sold 27,505 shares of the company’s stock in a transaction on Monday, December 16th. The stock was sold at an average price of $23.50, for a total value of $646,367.50. Following the sale, the chief executive officer now owns 4,128,090 shares of the company’s stock, valued at approximately $97,010,115. This represents a 0.66 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 108,015 shares of company stock valued at $2,237,086 over the last quarter. 0.80% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Private Advisor Group LLC grew its holdings in shares of MARA by 27.7% during the 3rd quarter. Private Advisor Group LLC now owns 226,199 shares of the business services provider’s stock valued at $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% during 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 buying an additional 217,106 shares during the last quarter. Mutual of America Capital Management LLC increased its holdings in shares of MARA by 112.4% during 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 buying an additional 107,963 shares in the last quarter. Weiss Asset Management LP bought a new position in shares of MARA in the 3rd quarter valued at $1,557,000. Finally, Intech Investment Management LLC acquired a new stake in shares of MARA during the 3rd quarter valued at $1,107,000. Institutional investors and hedge funds 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.