18,808 Shares in MARA Holdings, Inc. (NASDAQ:MARA) Bought by Advantage Alpha Capital Partners LP

Advantage Alpha Capital Partners LP acquired a new stake in MARA Holdings, Inc. (NASDAQ:MARA) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 18,808 shares of the business services provider’s stock, valued at approximately $315,000.

Other hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. grew its position 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 worth $650,390,000 after acquiring an additional 2,706,271 shares during the last quarter. American Century Companies Inc. grew its position 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 worth $67,749,000 after purchasing an additional 1,240,354 shares during the last quarter. Van ECK Associates Corp raised its holdings in shares of MARA by 51.6% in the fourth quarter. Van ECK Associates Corp now owns 1,676,840 shares of the business services provider’s stock valued at $28,120,000 after buying an additional 570,803 shares during the last quarter. Principal Financial Group Inc. boosted its stake in shares of MARA by 37.4% during the fourth quarter. Principal Financial Group Inc. now owns 1,911,816 shares of the business services provider’s stock worth $32,061,000 after buying an additional 519,900 shares during the period. Finally, Geode Capital Management LLC boosted its stake in shares of MARA by 5.6% during the third quarter. Geode Capital Management LLC now owns 7,157,491 shares of the business services provider’s stock worth $116,115,000 after buying an additional 378,542 shares during the period. Hedge funds and other institutional investors own 44.53% of the company’s stock.

Analyst Ratings Changes

Several analysts have commented on MARA shares. Rosenblatt Securities started coverage on MARA in a research note on Friday, March 7th. They set a “buy” rating and a $19.00 price objective for the company. JPMorgan Chase & Co. cut their price target on MARA from $23.00 to $18.00 and set a “neutral” rating for the company in a research note on Thursday, March 13th. Piper Sandler decreased their price target 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 restated a “buy” rating and set a $28.00 price objective on shares of MARA in a research report on Thursday, February 27th. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of MARA in a report on Thursday, February 27th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, MARA has a consensus rating of “Hold” and a consensus price target of $22.80.

MARA Trading Up 18.0 %

Shares of MARA stock opened at $14.61 on Tuesday. The company has a 50-day moving average of $15.91 and a two-hundred day moving average of $18.11. The stock has a market cap of $5.05 billion, a PE ratio of 18.49 and a beta of 5.95. 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 Holdings, Inc. has a 12-month low of $12.03 and a 12-month high of $30.28.

MARA (NASDAQ:MARA) last issued its quarterly earnings data on Wednesday, February 26th. The business services provider reported $1.24 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.32) by $1.56. The firm 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%. On average, research analysts anticipate that MARA Holdings, Inc. will post -1.04 EPS for the current fiscal year.

Insider Transactions at MARA

In other MARA news, CEO Frederick G. Thiel sold 27,505 shares of the firm’s stock in a transaction 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 completion of the transaction, 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Salman Hassan Khan sold 16,700 shares of the company’s stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $15.31, for a total value of $255,677.00. Following the completion of the sale, the chief financial officer now owns 1,773,788 shares in the company, valued at $27,156,694.28. This represents a 0.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 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 insiders.

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.