MARA Holdings, Inc. (NASDAQ:MARA) Stock Holdings Decreased by Brookstone Capital Management

Brookstone Capital Management reduced its position in MARA Holdings, Inc. (NASDAQ:MARA) by 16.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 77,674 shares of the business services provider’s stock after selling 15,171 shares during the period. Brookstone Capital Management’s holdings in MARA were worth $1,303,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in MARA. Truvestments Capital LLC acquired a new stake in shares of MARA during the third quarter worth approximately $26,000. Larson Financial Group LLC lifted its stake in MARA by 124.2% in the third quarter. Larson Financial Group LLC now owns 1,917 shares of the business services provider’s stock valued at $31,000 after acquiring an additional 1,062 shares during the last quarter. Signaturefd LLC lifted its stake in MARA by 74.8% in the third quarter. Signaturefd LLC now owns 2,975 shares of the business services provider’s stock valued at $48,000 after acquiring an additional 1,273 shares during the last quarter. Capital Performance Advisors LLP acquired a new stake in MARA in the third quarter valued at approximately $50,000. Finally, Tobam lifted its stake in MARA by 173.0% in the third quarter. Tobam now owns 7,701 shares of the business services provider’s stock valued at $125,000 after acquiring an additional 4,880 shares during the last quarter. 44.53% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on MARA shares. Compass Point cut shares of MARA from a “buy” rating to a “neutral” rating and lifted their target price for the company from $21.00 to $25.00 in a research note on Thursday, November 21st. Piper Sandler started coverage on shares of MARA in a research note on Tuesday, December 17th. They issued an “overweight” rating and a $34.00 target price for the company. HC Wainwright reiterated a “buy” rating and issued a $28.00 target price on shares of MARA in a research note on Wednesday, December 4th. Barclays assumed coverage on shares of MARA in a research note on Monday, November 25th. They issued an “equal weight” rating and a $27.00 price objective for the company. Finally, Macquarie boosted their price objective on shares of MARA from $22.00 to $29.00 and gave the stock an “outperform” rating in a research note on Monday, November 18th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $25.80.

Insider Buying and Selling

In related news, CEO Frederick G. Thiel sold 27,505 shares of the company’s stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $19.80, for a total transaction of $544,599.00. Following the transaction, the chief executive officer now owns 4,155,595 shares in the company, valued at $82,280,781. This represents a 0.66 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Salman Hassan Khan sold 16,700 shares of the company’s stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $19.80, for a total transaction of $330,660.00. Following the transaction, the chief financial officer now owns 2,029,647 shares in the company, valued at approximately $40,187,010.60. The trade was a 0.82 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 109,410 shares of company stock worth $2,485,329 in the last 90 days. Corporate insiders own 0.97% of the company’s stock.

MARA Trading Up 4.6 %

Shares of MARA stock opened at $18.15 on Thursday. The firm has a market capitalization of $5.84 billion, a PE ratio of 22.97 and a beta of 5.76. The company has a debt-to-equity ratio of 0.22, a current ratio of 4.00 and a quick ratio of 4.00. The company’s fifty day moving average price is $21.63 and its two-hundred day moving average price is $19.16. MARA Holdings, Inc. has a 52-week low of $13.16 and a 52-week high of $34.09.

MARA (NASDAQ:MARA) last announced its quarterly earnings results on Tuesday, November 12th. The business services provider reported ($0.42) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.38) by ($0.04). MARA had a net margin of 27.48% and a negative return on equity of 8.40%. The business had revenue of $131.60 million during the quarter, compared to the consensus estimate of $140.26 million. During the same period last year, the firm earned ($0.05) EPS. The company’s quarterly revenue was up 34.4% compared to the same quarter last year. On average, analysts expect that MARA Holdings, Inc. will post -1.02 EPS for the current year.

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.