Global Retirement Partners LLC Buys 13,512 Shares of MARA Holdings, Inc. (NASDAQ:MARA)

Global Retirement Partners LLC raised its position in shares of MARA Holdings, Inc. (NASDAQ:MARA) by 72.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 32,043 shares of the business services provider’s stock after purchasing an additional 13,512 shares during the period. Global Retirement Partners LLC’s holdings in MARA were worth $537,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in MARA. Spire Wealth Management raised its position in MARA by 26.7% in the 4th quarter. Spire Wealth Management now owns 2,843 shares of the business services provider’s stock worth $48,000 after purchasing an additional 599 shares during the period. Financial Advocates Investment Management increased its holdings in MARA by 5.2% during the 3rd quarter. Financial Advocates Investment Management now owns 14,201 shares of the business services provider’s stock valued at $230,000 after purchasing an additional 700 shares during the period. Stonehage Fleming Financial Services Holdings Ltd raised its position in 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 last quarter. Larson Financial Group LLC lifted its holdings in MARA by 124.2% in the 3rd quarter. Larson Financial Group LLC now owns 1,917 shares of the business services provider’s stock worth $31,000 after buying an additional 1,062 shares during the period. Finally, Crossmark Global Holdings Inc. grew its position in shares of MARA by 6.6% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 18,879 shares of the business services provider’s stock worth $306,000 after buying an additional 1,170 shares during the last quarter. Institutional investors own 44.53% of the company’s stock.

MARA Stock Down 8.1 %

NASDAQ:MARA opened at $14.66 on Monday. The company has a current ratio of 4.00, a quick ratio of 4.00 and a debt-to-equity ratio of 0.22. MARA Holdings, Inc. has a twelve month low of $13.16 and a twelve month high of $34.09. The company has a market cap of $4.98 billion, a PE ratio of 18.56 and a beta of 5.76. The company’s 50 day moving average is $18.42 and its two-hundred day moving average is $18.56.

Insider Buying and Selling at MARA

In other news, CEO Frederick G. Thiel sold 27,505 shares of the firm’s stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $16.68, for a total transaction of $458,783.40. Following the sale, the chief executive officer now directly owns 3,910,843 shares in the company, valued at $65,232,861.24. This trade represents a 0.70 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Jay P. Leupp sold 6,800 shares of the firm’s stock in a transaction that occurred 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 directly owns 135,756 shares in the company, valued at approximately $4,059,104.40. The trade was a 4.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 108,015 shares of company stock worth $2,237,086. Company insiders own 0.80% of the company’s stock.

Analyst Upgrades and Downgrades

MARA has been the subject of several research reports. B. Riley increased their target price on MARA from $21.00 to $23.00 and gave the stock a “neutral” rating in a research report on Thursday, December 19th. Piper Sandler assumed coverage on shares of MARA in a report on Tuesday, December 17th. They set an “overweight” rating and a $34.00 target price for the company. JPMorgan Chase & Co. raised MARA from an “underweight” rating to a “neutral” rating and boosted their target price for the stock from $12.00 to $23.00 in a report on Tuesday, December 10th. Barclays began coverage on shares of MARA in a report on Monday, November 25th. They issued an “equal weight” rating and a $27.00 target price for the company. Finally, HC Wainwright restated a “buy” rating and issued a $28.00 price target on shares of MARA in a research note on Wednesday, December 4th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average 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.