MARA (NASDAQ:MARA) Shares Down 2.9% – Time to Sell?

Shares of MARA Holdings (NASDAQ:MARA) traded down 2.9% during mid-day trading on Friday. The stock traded as low as $6.65 and last traded at $6.99. 42,114,431 shares were traded during mid-day trading, a decline of 6% from the average daily volume of 45,036,465 shares. The stock had previously closed at $7.20.

Top MARA Stories

These are some of the MARA stories that stood out recently:

• Positive Sentiment: Compass Point initiated coverage with a Buy rating, adding fresh analyst support. MARA Stock Rated Buy in New Coverage at Compass Point
• Positive Sentiment: HC Wainwright raised its 2026 and 2027 earnings estimates and reiterated its Buy rating with a $20 price target. Its revised forecasts still project losses, but smaller ones than previously expected. HC Wainwright Raises MARA Earnings Estimates
• Positive Sentiment: MARA reported $632.1 million in quarterly net income, reduced debt by 37%, and authorized a $500 million share repurchase. The buyback and debt reduction may support investor confidence, though the reported profit came from digital-asset gains. MARA Q3 2026 Earnings Call Highlights

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the company. HC Wainwright assumed coverage on MARA in a report on Friday, September 11th. They set a “buy” rating and a $20.00 target price for the company. Compass Point reiterated a “buy” rating and set a $20.00 price target on shares of MARA in a research report on Tuesday. Piper Sandler reissued an “overweight” rating and issued a $11.00 price objective (down from $13.00) on shares of MARA in a research note on Tuesday, October 20th. Cantor Fitzgerald decreased their price objective on MARA from $14.00 to $12.00 and set an “overweight” rating on the stock in a report on Friday, August 7th. Finally, Morgan Stanley set a $10.00 target price on shares of MARA and gave the stock an “underweight” rating in a research note on Friday, October 9th. Seven investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $16.00.

MARA Stock Performance

The company has a market cap of $2.71 billion, a PE ratio of -0.86 and a beta of 5.23. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.89 and a current ratio of 2.31. The firm’s 50 day moving average is $9.61 and its 200-day moving average is $10.62.

MARA (NASDAQ:MARA) last issued its earnings results on Monday, November 9th. The business services provider reported $1.28 earnings per share for the quarter, topping the consensus estimate of ($0.39) by $1.67. The business had revenue of $164.23 million for the quarter, compared to analysts’ expectations of $183.24 million. MARA had a negative return on equity of 37.75% and a negative net margin of 411.23%. On average, research analysts anticipate that MARA Holdings will post -0.93 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CEO Frederick Thiel sold 27,505 shares of MARA stock in a transaction that occurred on Monday, November 2nd. The stock was sold at an average price of $6.79, for a total transaction of $186,758.95. Following the transaction, the chief executive officer owned 4,149,585 shares in the company, valued at approximately $28,175,682.15. This trade represents a 0.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Salman Khan sold 16,000 shares of the business’s stock in a transaction on Monday, August 17th. The stock was sold at an average price of $9.21, for a total value of $147,360.00. Following the transaction, the chief financial officer directly owned 377,066 shares in the company, valued at $3,472,777.86. This trade represents a 4.07% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 134,396 shares of company stock worth $1,311,490. 0.97% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Delta Global Management LP purchased a new stake in MARA during the first quarter worth approximately $5,064,000. Compass Rose Asset Management LP acquired a new position in MARA in the first quarter valued at approximately $4,243,000. Compass Financial Management LLC acquired a new position in MARA in the second quarter valued at approximately $6,000,000. Edgestream Partners L.P. purchased a new position in MARA in the third quarter valued at approximately $4,679,000. Finally, WINTON GROUP Ltd purchased a new position in MARA in the second quarter valued at approximately $3,545,000. Institutional investors and hedge funds own 44.53% of the company’s stock.

MARA Company Profile

MARA Holdings, Inc., formerly known as Marathon Digital Holdings, is a digital energy and infrastructure company focused primarily on Bitcoin mining. It develops and operates data-center infrastructure and specialized computing systems used to validate transactions on the Bitcoin network and earn bitcoin rewards. The company also works on energy-related strategies to support its computing operations, including using energy sources and infrastructure that can help power data centers. Its operations are concentrated in the United States, with expansion into international markets.