MARA Holdings Inc (NASDAQ: MARA) is 17.41% higher on its value in year-to-date trading and has touched a low of $13.16 and a high of $34.09 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The MARA stock was last observed hovering at around $19.56 in the last trading session, with the day’s gains setting it 0.13%.
Currently trading at $19.69, the stock is 5.30% and -8.61% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 35.64 million and changing 0.66% at the moment leaves the stock 3.23% off its SMA200. MARA registered 22.07% gain for a year compared to 6-month loss of -17.79%. The firm has a 50-day simple moving average (SMA 50) of $21.537 and a 200-day simple moving average (SMA200) of $19.0684.
The stock witnessed a -8.88% gain in the last 1 month and extending the period to 3 months gives it a 4.29%, and is 13.42% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.20% over the week and 7.23% over the month.
MARA Holdings Inc (MARA) has around 60 employees, a market worth around $6.68B and $598.75M in sales. Current P/E ratio is 18.23 and Fwd P/E is 460.91. Profit margin for the company is 39.44%. Distance from 52-week low is 49.56% and -42.24% from its 52-week high. The company has generated returns on investments over the last 12 months (6.76%).
with sales reaching $179.98M over the same period.The EPS is expected to shrink by -96.60% this year, but quarterly earnings will post 61.82% year-over-year. Quarterly sales are estimated to grow 14.81% in year-over-year returns.
457.0 institutions hold shares in MARA Holdings Inc (MARA), with institutional investors hold 54.12% of the company’s shares. The shares outstanding are 339.38M, and float is at 331.84M with Short Float at 25.39%. Institutions hold 53.23% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 43.02 million shares valued at $853.87 million. The investor’s holdings represent 16.6022 of the MARA Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 32.29 million shares valued at $640.99 million to account for 12.463 of the shares outstanding. The other top investors are STATE STREET CORP which holds 10.64 million shares representing 4.1075 and valued at over $211.25 million, while CITADEL ADVISORS LLC holds 2.8025 of the shares totaling 7.26 million with a market value of $144.13 million.
MARA Holdings Inc (MARA) Insider Activity
The most recent transaction is an insider sale by Thiel Frederick G, the company’s Chief Executive Officer. SEC filings show that Thiel Frederick G sold 27,505 shares of the company’s common stock on Jan 16 ’25 at a price of $18.01 per share for a total of $0.5 million. Following the sale, the insider now owns 4.1 million shares.
Still, SEC filings show that on Jan 13 ’25, MELLINGER DOUGLAS K (Director) disposed off 1,000 shares at an average price of $17.00 for $17000.0. The insider now directly holds 137,756 shares of MARA Holdings Inc (MARA).
