MARA Holdings, Inc. (NASDAQ:MARA) Shares Acquired by Natixis Advisors LLC

Natixis Advisors LLC increased its position in shares of MARA Holdings, Inc. (NASDAQ:MARA) by 95.6% in the 4th quarter, HoldingsChannel.com reports. The firm owned 30,703 shares of the business services provider’s stock after acquiring an additional 15,004 shares during the period. Natixis Advisors LLC’s holdings in MARA were worth $515,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of MARA. United Capital Management of KS Inc. raised its position in MARA by 10.7% during the fourth quarter. United Capital Management of KS Inc. now owns 32,427 shares of the business services provider’s stock worth $544,000 after acquiring an additional 3,130 shares during the last quarter. Commonwealth Equity Services LLC raised its position in shares of MARA by 35.0% during the 4th quarter. Commonwealth Equity Services LLC now owns 105,385 shares of the business services provider’s stock worth $1,767,000 after purchasing an additional 27,324 shares during the last quarter. Swiss National Bank raised its position in shares of MARA by 4.9% during the 4th quarter. Swiss National Bank now owns 579,200 shares of the business services provider’s stock worth $9,713,000 after purchasing an additional 27,200 shares during the last quarter. Farther Finance Advisors LLC lifted its stake in MARA by 96.0% in the 4th quarter. Farther Finance Advisors LLC now owns 9,001 shares of the business services provider’s stock valued at $151,000 after buying an additional 4,408 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its position in MARA by 2.4% during the fourth quarter. EverSource Wealth Advisors LLC now owns 134,868 shares of the business services provider’s stock worth $2,262,000 after buying an additional 3,149 shares in the last quarter. 44.53% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other MARA news, 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 in the company, valued at $27,156,694.28. This represents a 0.93 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Frederick G. Thiel sold 27,505 shares of MARA stock in a transaction that occurred on Tuesday, February 18th. The shares were 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 in the company, valued at $65,232,861.24. This represents a 0.70 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 72,710 shares of company stock worth $1,226,825 over the last ninety days. 0.80% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on MARA shares. Barclays reduced their price objective on MARA from $27.00 to $14.00 and set an “equal weight” rating on the stock in a research report on Monday, March 3rd. Piper Sandler lowered their price target on shares of MARA from $34.00 to $30.00 and set an “overweight” rating for the company in a report on Monday, March 3rd. Rosenblatt Securities started coverage on shares of MARA in a research note on Friday, March 7th. They set a “buy” rating and a $19.00 price objective on the stock. JPMorgan Chase & Co. lowered their target price on shares of MARA from $23.00 to $18.00 and set a “neutral” rating for the company in a research note on Thursday, March 13th. Finally, Needham & Company LLC reissued a “hold” rating on shares of MARA in a research note on Thursday, February 27th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, MARA currently has a consensus rating of “Hold” and a consensus target price of $22.80.

MARA Trading Down 1.1 %

Shares of MARA opened at $13.64 on Friday. MARA Holdings, Inc. has a twelve month low of $12.03 and a twelve month high of $30.28. The firm has a market capitalization of $4.72 billion, a P/E ratio of 17.27 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. The stock’s fifty day simple moving average is $15.67 and its 200 day simple moving average is $18.06.

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