Dimensional Fund Advisors LP Purchases 3,998 Shares of MARA Holdings, Inc. (NASDAQ:MARA)

Dimensional Fund Advisors LP raised its position in shares of MARA Holdings, Inc. (NASDAQ:MARA) by 2.0% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 207,839 shares of the business services provider’s stock after purchasing an additional 3,998 shares during the quarter. Dimensional Fund Advisors LP’s holdings in MARA were worth $3,485,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in MARA. Beacon Capital Management LLC bought a new stake in shares of MARA during the 4th quarter valued at about $26,000. Sterling Capital Management LLC grew its stake in shares of MARA by 358.3% during the 4th quarter. Sterling Capital Management LLC now owns 1,824 shares of the business services provider’s stock valued at $31,000 after purchasing an additional 1,426 shares during the period. Stonehage Fleming Financial Services Holdings Ltd grew its stake in shares of MARA by 79.3% during the 4th quarter. Stonehage Fleming Financial Services Holdings Ltd now owns 1,945 shares of the business services provider’s stock valued at $33,000 after purchasing an additional 860 shares during the period. Spire Wealth Management grew its stake in shares of MARA by 26.7% during the 4th quarter. Spire Wealth Management now owns 2,843 shares of the business services provider’s stock valued at $48,000 after purchasing an additional 599 shares during the period. Finally, Brown Brothers Harriman & Co. bought a new stake in shares of MARA during the 4th quarter valued at about $50,000. 44.53% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. Barclays boosted their price target on MARA from $14.00 to $16.00 and gave the company an “equal weight” rating in a research note on Monday. HC Wainwright reiterated a “buy” rating and set a $28.00 price objective on shares of MARA in a research note on Thursday, April 24th. JPMorgan Chase & Co. cut their price objective on MARA from $23.00 to $18.00 and set a “neutral” rating for the company in a research note on Thursday, March 13th. Compass Point reiterated a “sell” rating and set a $9.50 price objective (down from $25.00) on shares of MARA in a research note on Tuesday, May 6th. Finally, Rosenblatt Securities assumed 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. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, MARA presently has a consensus rating of “Hold” and an average target price of $20.72.

Insiders Place Their Bets

In other MARA news, CEO Frederick G. Thiel sold 55,010 shares of the company’s stock in a transaction that occurred on Friday, May 9th. The stock was sold at an average price of $15.00, for a total value of $825,150.00. Following the completion of the transaction, the chief executive officer now directly owns 4,146,804 shares in the company, valued at $62,202,060. This represents a 1.31% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available 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 stock was sold at an average price of $15.31, for a total value of $255,677.00. Following the sale, the chief financial officer now directly owns 1,773,788 shares in the company, valued at $27,156,694.28. This trade represents a 0.93% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 135,615 shares of company stock worth $2,088,610 in the last three months. 0.80% of the stock is owned by company insiders.

MARA Trading Up 2.6%

MARA stock opened at $16.37 on Wednesday. MARA Holdings, Inc. has a 1-year low of $9.81 and a 1-year high of $30.28. 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 has a market capitalization of $5.76 billion, a price-to-earnings ratio of 20.72 and a beta of 6.82. The business has a 50 day simple moving average of $13.12 and a two-hundred day simple moving average of $17.22.

MARA (NASDAQ:MARA) last posted its quarterly earnings results on Thursday, May 8th. The business services provider reported ($0.40) earnings per share for the quarter, missing the consensus estimate of ($0.34) by ($0.06). MARA had a negative return on equity of 8.40% and a net margin of 27.48%. The business had revenue of $213.88 million during the quarter, compared to the consensus estimate of $234.19 million. During the same quarter in the previous year, the company earned $1.26 earnings per share. The company’s revenue for the quarter was up 29.5% compared to the same quarter last year. Research analysts anticipate that MARA Holdings, Inc. will post -1.04 EPS for the current fiscal year.

MARA 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.