10,157 Shares in MARA Holdings, Inc. (NASDAQ:MARA) Acquired by Sepio Capital LP

Sepio Capital LP bought a new stake in shares of MARA Holdings, Inc. (NASDAQ:MARA) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 10,157 shares of the business services provider’s stock, valued at approximately $170,000.

A number of other institutional investors also recently added to or reduced their stakes in the business. Norges Bank bought a new stake in shares of MARA during the fourth quarter valued at about $46,413,000. Vanguard Group Inc. increased its stake in MARA by 7.5% during the 4th quarter. Vanguard Group Inc. now owns 38,782,941 shares of the business services provider’s stock valued at $650,390,000 after buying an additional 2,706,271 shares during the period. American Century Companies Inc. raised its position in shares of MARA by 44.3% during the 4th quarter. American Century Companies Inc. now owns 4,039,871 shares of the business services provider’s stock worth $67,749,000 after buying an additional 1,240,354 shares in the last quarter. Wellington Management Group LLP lifted its stake in shares of MARA by 1,726.2% in the 4th quarter. Wellington Management Group LLP now owns 716,430 shares of the business services provider’s stock worth $12,015,000 after acquiring an additional 677,199 shares during the period. Finally, Franklin Resources Inc. boosted its holdings in shares of MARA by 2,004.5% in the fourth quarter. Franklin Resources Inc. now owns 665,450 shares of the business services provider’s stock valued at $11,160,000 after acquiring an additional 633,829 shares in the last quarter. Institutional investors and hedge funds own 44.53% of the company’s stock.

MARA Stock Up 0.6 %

Shares of NASDAQ:MARA opened at $11.30 on Monday. The firm has a 50 day simple moving average of $14.71 and a 200 day simple moving average of $17.93. MARA Holdings, Inc. has a 52 week low of $9.81 and a 52 week high of $30.28. 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 cap of $3.91 billion, a PE ratio of 14.30 and a beta of 6.09.

MARA (NASDAQ:MARA) last issued its earnings results on Wednesday, February 26th. The business services provider reported $1.24 EPS for the quarter, topping 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 negative return on equity of 8.40% and a net margin of 27.48%. As a group, research analysts expect that MARA Holdings, Inc. will post -1.04 earnings per share for the current year.

Insider Buying and Selling at MARA

In related news, CEO Frederick G. Thiel sold 27,505 shares of the firm’s stock in a transaction that occurred on Thursday, January 16th. The shares were sold at an average price of $18.01, for a total transaction of $495,365.05. Following the completion of the sale, the chief executive officer now directly owns 4,100,585 shares in the company, valued at approximately $73,851,535.85. This trade represents a 0.67 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Salman Hassan Khan sold 16,700 shares of the company’s stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $15.31, for a total transaction of $255,677.00. Following the completion of the transaction, the chief financial officer now owns 1,773,788 shares in the company, valued at approximately $27,156,694.28. This represents a 0.93 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 72,710 shares of company stock valued at $1,226,825 in the last 90 days. 0.80% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research firms have weighed in on MARA. Rosenblatt Securities assumed coverage on MARA in a research report on Friday, March 7th. They issued a “buy” rating and a $19.00 target price for the company. Piper Sandler cut their price objective on MARA from $34.00 to $30.00 and set an “overweight” rating for the company in a report on Monday, March 3rd. HC Wainwright reaffirmed a “buy” rating and set a $28.00 target price on shares of MARA in a report on Thursday, February 27th. Barclays cut their price target on shares of MARA from $27.00 to $14.00 and set an “equal weight” rating for the company in a report on Monday, March 3rd. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of MARA in a research note on Thursday, February 27th. One analyst has rated the stock with a sell rating, six have given a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, MARA presently has an average rating of “Hold” and an average target price of $22.80.

MARA Company 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.