15,821 Shares in MARA Holdings, Inc. (NASDAQ:MARA) Purchased by New Age Alpha Advisors LLC

New Age Alpha Advisors LLC acquired a new stake in shares of MARA Holdings, Inc. (NASDAQ:MARA) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 15,821 shares of the business services provider’s stock, valued at approximately $265,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. grew its holdings in shares of MARA by 7.5% during the fourth 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 last quarter. Geode Capital Management LLC boosted its stake in MARA by 5.6% during the 3rd quarter. Geode Capital Management LLC now owns 7,157,491 shares of the business services provider’s stock valued at $116,115,000 after purchasing an additional 378,542 shares during the last quarter. American Century Companies Inc. boosted its stake in 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 valued at $67,749,000 after purchasing an additional 1,240,354 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of MARA by 14.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,028,457 shares of the business services provider’s stock worth $50,787,000 after purchasing an additional 372,094 shares in the last quarter. Finally, Norges Bank purchased a new position in shares of MARA in the fourth quarter worth $46,413,000. 44.53% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, CEO Frederick G. Thiel sold 27,505 shares of MARA 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 owns 3,910,843 shares of the company’s stock, valued at approximately $65,232,861.24. This trade represents a 0.70 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Salman Hassan Khan sold 16,700 shares of the company’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 owns 1,773,788 shares of the company’s stock, valued at $27,156,694.28. The trade was a 0.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 72,710 shares of company stock valued at $1,226,825. Company insiders own 0.80% of the company’s stock.

MARA Trading Up 3.0 %

Shares of NASDAQ:MARA opened at $11.84 on Wednesday. The stock has a 50 day moving average of $15.20 and a 200 day moving average of $18.01. The company has a market cap of $4.09 billion, a PE ratio of 14.99 and a beta of 5.95. MARA Holdings, Inc. has a 12-month low of $11.05 and a 12-month high of $30.28. The company has a current ratio of 4.00, a quick ratio of 4.00 and a debt-to-equity ratio of 0.22.

MARA (NASDAQ:MARA) last posted its quarterly earnings results on Wednesday, February 26th. The business services provider reported $1.24 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.32) by $1.56. The business had revenue of $214.39 million during the quarter, compared to analyst estimates of $187.11 million. MARA had a net margin of 27.48% and a negative return on equity of 8.40%. As a group, equities research analysts expect that MARA Holdings, Inc. will post -1.04 EPS for the current year.

Analyst Ratings Changes

MARA has been the subject of several research analyst reports. JPMorgan Chase & Co. reduced 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. HC Wainwright reiterated a “buy” rating and issued a $28.00 price target on shares of MARA in a research note on Thursday, February 27th. B. Riley increased their price objective on shares of MARA from $21.00 to $23.00 and gave the company a “neutral” rating in a research report on Thursday, December 19th. Rosenblatt Securities started coverage on shares of MARA in a research report on Friday, March 7th. They issued a “buy” rating and a $19.00 target price for the company. Finally, Piper Sandler decreased 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. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, MARA has an average rating of “Hold” and an average target price of $22.80.

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.