Sepio Capital LP Takes Position in MARA Holdings, Inc. (NASDAQ:MARA)

Sepio Capital LP acquired a new position in MARA Holdings, Inc. (NASDAQ:MARA) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 10,157 shares of the business services provider’s stock, valued at approximately $170,000.

Other hedge funds have also recently bought and sold shares of the company. Beacon Capital Management LLC acquired a new stake in shares of MARA in the fourth quarter worth $26,000. Stonehage Fleming Financial Services Holdings Ltd lifted 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 worth $33,000 after acquiring an additional 860 shares during the last quarter. Spire Wealth Management boosted its holdings in MARA by 26.7% during the fourth quarter. Spire Wealth Management now owns 2,843 shares of the business services provider’s stock valued at $48,000 after acquiring an additional 599 shares during the period. Brown Brothers Harriman & Co. acquired a new stake in shares of MARA in the fourth quarter valued at about $50,000. Finally, Blue Trust Inc. lifted its position in shares of MARA by 415.6% during the 4th quarter. Blue Trust Inc. now owns 3,341 shares of the business services provider’s stock worth $56,000 after purchasing an additional 2,693 shares during the last quarter. 44.53% of the stock is owned by institutional investors and hedge funds.

Insider Activity at MARA

In other news, CFO Salman Hassan Khan sold 16,700 shares of the firm’s stock in a transaction 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 sale, the chief financial officer now directly owns 1,773,788 shares in the company, valued at approximately $27,156,694.28. This trade represents a 0.93 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Frederick G. Thiel sold 27,505 shares of the company’s stock in a transaction dated Thursday, January 16th. The stock was sold at an average price of $18.01, for a total transaction of $495,365.05. Following the transaction, the chief executive officer now owns 4,100,585 shares in the company, valued at approximately $73,851,535.85. This trade represents a 0.67 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 72,710 shares of company stock valued at $1,226,825 in the last ninety days. Insiders own 0.80% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. HC Wainwright reaffirmed a “buy” rating and issued a $28.00 target price on shares of MARA in a report on Thursday, February 27th. Rosenblatt Securities began coverage on shares of MARA in a research report on Friday, March 7th. They set a “buy” rating and a $19.00 target price on the stock. JPMorgan Chase & Co. decreased their price target on shares of MARA from $23.00 to $18.00 and set a “neutral” rating on the stock in a research report on Thursday, March 13th. Piper Sandler cut their price objective on shares of MARA from $34.00 to $30.00 and set an “overweight” rating for the company in a research report on Monday, March 3rd. Finally, B. Riley boosted their price target on MARA from $21.00 to $23.00 and gave the company a “neutral” rating in a research note on Thursday, December 19th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $22.80.

MARA Trading Up 0.6 %

Shares of MARA opened at $11.30 on Monday. The stock has a 50 day simple moving average of $14.71 and a 200-day simple moving average of $17.93. 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 has a market cap of $3.91 billion, a PE ratio of 14.30 and a beta of 6.09. MARA Holdings, Inc. has a 1 year low of $9.81 and a 1 year high of $30.28.

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

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.