Baader Bank Aktiengesellschaft Takes Position in MARA Holdings, Inc. (NASDAQ:MARA)

Baader Bank Aktiengesellschaft purchased a new position in MARA Holdings, Inc. (NASDAQ:MARA) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 25,000 shares of the business services provider’s stock, valued at approximately $419,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Truvestments Capital LLC acquired a new position in shares of MARA in the 3rd quarter worth approximately $26,000. Larson Financial Group LLC raised its stake in MARA by 124.2% during the third quarter. Larson Financial Group LLC now owns 1,917 shares of the business services provider’s stock worth $31,000 after acquiring an additional 1,062 shares in the last quarter. Stonehage Fleming Financial Services Holdings Ltd lifted its holdings in shares of MARA by 79.3% during the fourth quarter. Stonehage Fleming Financial Services Holdings Ltd now owns 1,945 shares of the business services provider’s stock valued at $33,000 after acquiring an additional 860 shares during the period. Signaturefd LLC boosted its stake in shares of MARA by 74.8% in the 3rd quarter. Signaturefd LLC now owns 2,975 shares of the business services provider’s stock valued at $48,000 after purchasing an additional 1,273 shares in the last quarter. Finally, Capital Performance Advisors LLP bought a new stake in shares of MARA in the 3rd quarter worth about $50,000. Institutional investors own 44.53% of the company’s stock.

MARA Trading Up 4.1 %

Shares of NASDAQ MARA opened at $19.18 on Friday. MARA Holdings, Inc. has a fifty-two week low of $13.16 and a fifty-two week high of $34.09. The firm has a market capitalization of $6.51 billion, a P/E ratio of 24.28 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 50 day simple moving average is $21.12 and its 200 day simple moving average is $19.08.

MARA (NASDAQ:MARA) last posted its quarterly earnings results 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 company had revenue of $131.60 million during the quarter, compared to analyst estimates of $140.26 million. MARA had a net margin of 27.48% and a negative return on equity of 8.40%. The business’s revenue for the quarter was up 34.4% compared to the same quarter last year. During the same period last year, the company earned ($0.05) EPS. On average, analysts predict that MARA Holdings, Inc. will post -1.04 EPS for the current year.

Insider Transactions at MARA

In related news, Director Jay P. Leupp sold 6,800 shares of the company’s stock in a transaction on Friday, November 29th. The shares were sold at an average price of $29.90, for a total value of $203,320.00. Following the completion of the sale, the director now owns 135,756 shares in the company, valued at $4,059,104.40. This represents a 4.77 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Frederick G. Thiel sold 27,505 shares of MARA stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $19.80, for a total value of $544,599.00. Following the transaction, the chief executive officer now owns 4,155,595 shares in the company, valued at approximately $82,280,781. This represents a 0.66 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 136,915 shares of company stock worth $2,980,694. 0.97% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

MARA has been the topic of a number of recent analyst reports. B. Riley boosted their price target on shares of MARA from $21.00 to $23.00 and gave the company a “neutral” rating in a research report on Thursday, December 19th. Piper Sandler assumed coverage on MARA in a research report on Tuesday, December 17th. They set an “overweight” rating and a $34.00 price target on the stock. Cantor Fitzgerald began coverage on MARA in a research note on Thursday, October 10th. They issued an “overweight” rating and a $21.00 price objective on the stock. JPMorgan Chase & Co. upgraded MARA from an “underweight” rating to a “neutral” rating and raised their target price for the company from $12.00 to $23.00 in a research note on Tuesday, December 10th. Finally, Compass Point downgraded shares of MARA from a “buy” rating to a “neutral” rating and upped their price target for the stock from $21.00 to $25.00 in a research report on Thursday, November 21st. One analyst has rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $25.67.

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.