Impact Partnership Wealth LLC Purchases 3,736 Shares of MARA Holdings, Inc. (NASDAQ:MARA)

Impact Partnership Wealth LLC boosted its holdings in MARA Holdings, Inc. (NASDAQ:MARA) by 18.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,502 shares of the business services provider’s stock after acquiring an additional 3,736 shares during the quarter. Impact Partnership Wealth LLC’s holdings in MARA were worth $394,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Private Advisor Group LLC lifted its holdings in shares of MARA by 27.7% during the third quarter. Private Advisor Group LLC now owns 226,199 shares of the business services provider’s stock valued at $3,669,000 after purchasing an additional 49,062 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in MARA by 8.9% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,656,363 shares of the business services provider’s stock worth $43,086,000 after buying an additional 217,106 shares during the last quarter. Mutual of America Capital Management LLC lifted its stake in MARA by 112.4% during the 3rd quarter. Mutual of America Capital Management LLC now owns 203,975 shares of the business services provider’s stock valued at $3,308,000 after acquiring an additional 107,963 shares during the period. Everence Capital Management Inc. purchased a new stake in shares of MARA during the 3rd quarter valued at about $640,000. Finally, Weiss Asset Management LP bought a new stake in shares of MARA in the third quarter worth approximately $1,557,000. 44.53% of the stock is currently owned by hedge funds and other institutional investors.

MARA Stock Up 0.2 %

MARA stock opened at $19.99 on Friday. The business’s 50-day moving average price is $21.33 and its 200-day moving average price is $19.10. The stock has a market cap of $6.78 billion, a P/E ratio of 25.30 and a beta of 5.76. 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 Holdings, Inc. has a twelve month low of $13.16 and a twelve month high of $34.09.

MARA (NASDAQ:MARA) last issued its quarterly earnings results on Tuesday, November 12th. The business services provider reported ($0.42) earnings per share for the quarter, missing the consensus estimate of ($0.38) by ($0.04). The firm had revenue of $131.60 million for the quarter, compared to analysts’ expectations of $140.26 million. MARA had a net margin of 27.48% and a negative return on equity of 8.40%. MARA’s revenue for the quarter was up 34.4% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.05) EPS. On average, equities research analysts forecast that MARA Holdings, Inc. will post -1.04 EPS for the current year.

Insider Buying and Selling

In other news, CEO Frederick G. Thiel sold 27,505 shares of the business’s stock in a transaction dated Thursday, January 16th. The stock was sold at an average price of $18.01, for a total value of $495,365.05. Following the transaction, the chief executive officer now directly owns 4,100,585 shares in the company, valued at $73,851,535.85. The trade was a 0.67 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Salman Hassan Khan sold 16,700 shares of the stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $19.80, for a total value of $330,660.00. Following the sale, the chief financial officer now owns 2,029,647 shares of the company’s stock, valued at $40,187,010.60. This represents a 0.82 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 136,915 shares of company stock valued at $2,980,694. Company insiders own 0.97% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on MARA shares. Cantor Fitzgerald assumed coverage on shares of MARA in a research report on Thursday, October 10th. They set an “overweight” rating and a $21.00 price objective on the stock. Barclays assumed coverage on MARA in a report on Monday, November 25th. They set an “equal weight” rating and a $27.00 price target on the stock. Piper Sandler started coverage on MARA in a report on Tuesday, December 17th. They issued an “overweight” rating and a $34.00 price objective for the company. Needham & Company LLC reiterated a “hold” rating on shares of MARA in a research report on Wednesday, November 13th. Finally, JPMorgan Chase & Co. raised MARA from an “underweight” rating to a “neutral” rating and raised their target price for the stock from $12.00 to $23.00 in a research report on Tuesday, December 10th. 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 company. According to data from MarketBeat.com, MARA presently has a consensus rating of “Hold” and an average price target of $25.67.

About MARA

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.