MARA (NASDAQ:MARA) Stock Falls 6.9% – Should You Sell?

MARA Holdings (NASDAQ:MARA)’s share price fell 6.9% during trading on Thursday. The stock traded as low as $7.11 and last traded at $7.25. 34,240,129 shares traded hands during mid-day trading, a decline of 24% from the average session volume of 45,344,625 shares. The stock had previously closed at $7.79.

More MARA News

Here are the key news stories impacting MARA this week:

• Neutral Sentiment: MARA was highlighted as a trending stock on Zacks, reflecting elevated investor attention rather than a new company-specific catalyst. The report recommends focusing on Bitcoin prices, mining economics, and the company’s financial results when assessing its outlook. Here is What to Know Beyond Why Marathon Digital Holdings Is a Trending Stock
• Neutral Sentiment: A comparison of Cipher Mining and MARA offers context on the competitive and financial position of the two Bitcoin miners, but does not identify a new event directly affecting MARA’s valuation. Cipher Mining vs. MARA Financial Contrast
• Negative Sentiment: MARA transferred approximately 1,000 Bitcoin to major exchanges in several tranches. The company has not confirmed that it sold the Bitcoin, but investors may view the transfers as a possible move to raise liquidity or reduce exposure, creating uncertainty around its treasury strategy and potential selling pressure. MARA Holdings Moved 1,000 BTC to Exchanges
• Negative Sentiment: Bitcoin was trading below recent levels while analysis indicated that public Bitcoin treasury companies have an average cost basis near $80,000 per coin. A sustained move below that level could pressure the value of MARA’s holdings and investor confidence in Bitcoin-mining stocks. Bitcoin Price Analysis: Treasury Companies Break Even Near $80,000
• Negative Sentiment: A Zacks review attributed MARA’s recent underperformance to weakness relative to the broader market, reinforcing the stock’s vulnerability to Bitcoin volatility and risk-off trading. Why Marathon Digital Holdings Fell More Than the Broader Market

Analysts Set New Price Targets

Several research firms have recently weighed in on MARA. Morgan Stanley set a $10.00 price target on MARA and gave the stock an “underweight” rating in a report on Friday, October 9th. JPMorgan Chase & Co. reiterated an “underweight” rating and set a $11.00 target price (down from $13.00) on shares of MARA in a research report on Monday, September 14th. Piper Sandler reiterated an “overweight” rating and set a $11.00 target price (down from $13.00) on shares of MARA in a research report on Tuesday. HC Wainwright initiated coverage on shares of MARA in a report on Friday, September 11th. They set a “buy” rating and a $20.00 target price on the stock. Finally, Cantor Fitzgerald decreased their price target on shares of MARA from $14.00 to $12.00 and set an “overweight” rating for the company in a research report on Friday, August 7th. Seven research analysts have rated the stock with a Buy rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $17.78.

MARA Stock Down 3.2%

The company has a debt-to-equity ratio of 1.15, a current ratio of 0.89 and a quick ratio of 0.89. The company has a market capitalization of $2.71 billion, a P/E ratio of -0.77 and a beta of 5.33. The stock has a 50-day moving average price of $10.68 and a 200-day moving average price of $11.73.

MARA (NASDAQ:MARA) last posted its quarterly earnings data on Thursday, August 6th. The business services provider reported ($1.60) EPS for the quarter, missing analysts’ consensus estimates of $0.17 by ($1.77). The company had revenue of $174.88 million during the quarter, compared to analyst estimates of $209.44 million. MARA had a negative return on equity of 26.05% and a negative net margin of 429.71%. MARA’s revenue was down 26.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.84 earnings per share. On average, research analysts predict that MARA Holdings will post -1.65 EPS for the current fiscal year.

Insider Transactions at MARA

In related news, CFO Salman Khan sold 16,000 shares of MARA stock in a transaction on Monday, August 17th. The shares were sold at an average price of $9.21, for a total transaction of $147,360.00. Following the completion of the transaction, the chief financial officer owned 377,066 shares of the company’s stock, valued at $3,472,777.86. This trade represents a 4.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Frederick G. Thiel sold 27,505 shares of MARA stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $11.22, for a total transaction of $308,606.10. Following the transaction, the chief executive officer directly owned 4,217,586 shares of the company’s stock, valued at $47,321,314.92. This represents a 0.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 106,891 shares of company stock worth $1,124,731. Company insiders own 0.97% of the company’s stock.

Institutional Trading of MARA

Large investors have recently bought and sold shares of the business. CI Investments Inc. lifted its stake in shares of MARA by 7.6% in the 1st quarter. CI Investments Inc. now owns 13,520 shares of the business services provider’s stock valued at $110,000 after purchasing an additional 957 shares during the period. Greenleaf Trust boosted its position in shares of MARA by 9.9% during the 2nd quarter. Greenleaf Trust now owns 11,915 shares of the business services provider’s stock valued at $165,000 after purchasing an additional 1,076 shares in the last quarter. MassMutual Private Wealth & Trust FSB boosted its position in shares of MARA by 58.2% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 4,009 shares of the business services provider’s stock valued at $45,000 after purchasing an additional 1,475 shares in the last quarter. Sigma Planning Corp grew its stake in MARA by 12.5% during the first quarter. Sigma Planning Corp now owns 13,409 shares of the business services provider’s stock worth $109,000 after purchasing an additional 1,485 shares during the period. Finally, NewEdge Advisors LLC grew its stake in MARA by 14.9% during the second quarter. NewEdge Advisors LLC now owns 12,320 shares of the business services provider’s stock worth $171,000 after purchasing an additional 1,598 shares during the period. 44.53% of the stock is currently owned by institutional investors and hedge funds.

About MARA

MARA Holdings, Inc (NASDAQ: MARA), formerly known as Marathon Digital Holdings, is a digital asset mining and energy infrastructure company. Its primary business is securing the Bitcoin network by operating specialized computing equipment that validates transactions and earns Bitcoin rewards.

The company develops and operates data centers and digital asset computing infrastructure, while also pursuing strategies to access low-cost and surplus energy. MARA has expanded its operations through a combination of owned facilities, hosting arrangements and acquisitions, with activities spanning North America and other international markets.

The company was founded in 2010 as Marathon Patent Group and later shifted its focus toward cryptocurrency mining before adopting the Marathon Digital name.