Capital Advisors Inc. OK Purchases New Shares in MARA Holdings, Inc. (NASDAQ:MARA)

Capital Advisors Inc. OK acquired a new position in MARA Holdings, Inc. (NASDAQ:MARA) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 41,653 shares of the business services provider’s stock, valued at approximately $699,000.

Other large investors have also recently made changes to their positions in the company. Creative Planning increased its position in shares of MARA by 17.2% during the 3rd quarter. Creative Planning now owns 33,864 shares of the business services provider’s stock valued at $549,000 after purchasing an additional 4,974 shares during the last quarter. Vontobel Holding Ltd. boosted its stake in MARA by 49.3% during the third quarter. Vontobel Holding Ltd. now owns 43,203 shares of the business services provider’s stock worth $701,000 after buying an additional 14,267 shares during the period. Avaii Wealth Management LLC bought a new position in MARA during the third quarter valued at $250,000. AlphaMark Advisors LLC raised its stake in shares of MARA by 10.3% in the third quarter. AlphaMark Advisors LLC now owns 21,058 shares of the business services provider’s stock valued at $342,000 after acquiring an additional 1,962 shares during the period. Finally, Everence Capital Management Inc. bought a new stake in shares of MARA in the 3rd quarter worth about $640,000. 44.53% of the stock is currently owned by institutional investors.

Insider Activity

In other MARA news, CEO Frederick G. Thiel sold 27,505 shares of the business’s stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $19.80, for a total value of $544,599.00. Following the completion of the transaction, the chief executive officer now directly owns 4,155,595 shares in the company, valued at approximately $82,280,781. The trade was a 0.66 % decrease in their ownership of the stock. The sale 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 firm’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 completion of the sale, the chief financial officer now owns 2,029,647 shares in the company, valued at $40,187,010.60. This represents a 0.82 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 135,915 shares of company stock worth $2,956,634. 0.80% of the stock is currently owned by corporate insiders.

MARA Trading Up 1.4 %

Shares of NASDAQ MARA opened at $16.24 on Thursday. MARA Holdings, Inc. has a twelve month low of $13.16 and a twelve month high of $34.09. The firm has a market cap of $5.51 billion, a PE ratio of 20.56 and a beta of 5.76. The business has a fifty day simple moving average of $19.49 and a two-hundred day simple moving average of $18.65. The company has a quick ratio of 4.00, a current ratio of 4.00 and a debt-to-equity ratio of 0.22.

MARA (NASDAQ:MARA) last released its quarterly earnings data on Tuesday, November 12th. The business services provider reported ($0.42) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.38) by ($0.04). The business had revenue of $131.60 million during the quarter, compared to analysts’ expectations of $140.26 million. MARA had a negative return on equity of 8.40% and a net margin of 27.48%. The firm’s revenue was up 34.4% compared to the same quarter last year. During the same period last year, the company earned ($0.05) earnings per share. Analysts expect that MARA Holdings, Inc. will post -1.04 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. JPMorgan Chase & Co. upgraded shares of MARA from an “underweight” rating to a “neutral” rating and upped their price target for the company from $12.00 to $23.00 in a report on Tuesday, December 10th. B. Riley upped their target price on MARA from $21.00 to $23.00 and gave the company a “neutral” rating in a research note on Thursday, December 19th. Needham & Company LLC reissued a “hold” rating on shares of MARA in a research note on Wednesday, November 13th. Piper Sandler assumed coverage on MARA in a report on Tuesday, December 17th. They set an “overweight” rating and a $34.00 price objective for the company. Finally, Barclays started coverage on MARA in a research note on Monday, November 25th. They issued an “equal weight” rating and a $27.00 target price on the stock. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $25.67.

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.