Stonehage Fleming Financial Services Holdings Ltd Increases Stake in MARA Holdings, Inc. (NASDAQ:MARA)

Stonehage Fleming Financial Services Holdings Ltd increased its holdings in MARA Holdings, Inc. (NASDAQ:MARA) by 79.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,945 shares of the business services provider’s stock after purchasing an additional 860 shares during the quarter. Stonehage Fleming Financial Services Holdings Ltd’s holdings in MARA were worth $33,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in MARA. Financial Advocates Investment Management increased its holdings in shares of MARA by 5.2% in the third quarter. Financial Advocates Investment Management now owns 14,201 shares of the business services provider’s stock worth $230,000 after buying an additional 700 shares during the period. Larson Financial Group LLC grew its position in MARA by 124.2% during the 3rd quarter. Larson Financial Group LLC now owns 1,917 shares of the business services provider’s stock worth $31,000 after acquiring an additional 1,062 shares during the last quarter. Crossmark Global Holdings Inc. increased its stake in MARA by 6.6% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 18,879 shares of the business services provider’s stock worth $306,000 after purchasing an additional 1,170 shares during the period. Signaturefd LLC lifted its position in MARA by 74.8% in the third quarter. Signaturefd LLC now owns 2,975 shares of the business services provider’s stock valued at $48,000 after purchasing an additional 1,273 shares during the last quarter. Finally, Impact Partnership Wealth LLC boosted its stake in shares of MARA by 7.6% during the third quarter. Impact Partnership Wealth LLC now owns 19,766 shares of the business services provider’s stock valued at $321,000 after purchasing an additional 1,394 shares during the period. 44.53% of the stock is owned by institutional investors.

Insider Transactions at MARA

In related news, CEO Frederick G. Thiel sold 27,505 shares of the company’s stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $19.80, for a total value of $544,599.00. Following the transaction, the chief executive officer now owns 4,155,595 shares in the company, valued at $82,280,781. The trade was a 0.66 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Salman Hassan Khan sold 16,700 shares of the firm’s stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $23.50, for a total transaction of $392,450.00. Following the sale, the chief financial officer now owns 1,836,129 shares of the company’s stock, valued at approximately $43,149,031.50. This represents a 0.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 136,915 shares of company stock valued at $2,980,694 in the last ninety days. 0.97% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the stock. Cantor Fitzgerald assumed coverage on shares of MARA in a report on Thursday, October 10th. They set an “overweight” rating and a $21.00 price target for the company. Macquarie upped their price objective on shares of MARA from $22.00 to $29.00 and gave the company an “outperform” rating in a research note on Monday, November 18th. Compass Point cut MARA from a “buy” rating to a “neutral” rating and raised their target price for the stock from $21.00 to $25.00 in a research note on Thursday, November 21st. Barclays started coverage on MARA in a research report on Monday, November 25th. They set an “equal weight” rating and a $27.00 price target for the company. Finally, HC Wainwright reiterated a “buy” rating and issued a $28.00 price objective on shares of MARA in a research report on Wednesday, December 4th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, MARA presently has a consensus rating of “Hold” and a consensus price target of $25.67.

MARA Price Performance

Shares of MARA stock opened at $19.99 on Monday. The business’s fifty day moving average is $21.33 and its 200 day moving average is $19.11. The company has a quick ratio of 4.00, a current ratio of 4.00 and a debt-to-equity ratio of 0.22. The stock has a market cap of $6.78 billion, a price-to-earnings ratio of 25.30 and a beta of 5.76. 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 (EPS) for the quarter, missing the consensus estimate of ($0.38) by ($0.04). The business had revenue of $131.60 million during the quarter, compared to the consensus estimate of $140.26 million. MARA had a negative return on equity of 8.40% and a net margin of 27.48%. The firm’s revenue was up 34.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.05) earnings per share. Research analysts expect that MARA Holdings, Inc. will post -1.04 EPS for the current fiscal year.

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.