Zabi Nowaid Sells 8,376 Shares of Marathon Digital (NASDAQ:MARA) Stock

Posted by George Bondi on Aug 23rd, 2026

Marathon Digital Holdings, Inc. (NASDAQ:MARA – Get Free Report) General Counsel Zabi Nowaid sold 8,376 shares of the business’s stock in a transaction on Friday, August 21st. The stock was sold at an average price of $12.00, for a total value of $100,512.00. Following the completion of the transaction, the general counsel directly owned 898,780 shares of the company’s stock, valued at approximately $10,785,360. The trade was a 0.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Zabi Nowaid also recently made the following trade(s):

On Wednesday, June 17th, Zabi Nowaid sold 7,000 shares of Marathon Digital stock. The shares were sold at an average price of $14.25, for a total transaction of $99,750.00.

Marathon Digital Stock Performance

Shares of MARA opened at $11.26 on Friday. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 1.15. The firm has a market cap of $4.35 billion, a PE ratio of -1.23 and a beta of 5.40. Marathon Digital Holdings, Inc. has a 12 month low of $6.66 and a 12 month high of $23.45. The stock has a fifty day moving average price of $12.04 and a 200-day moving average price of $10.99.

Marathon Digital (NASDAQ:MARA – Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The business services provider reported ($1.60) EPS for the quarter, missing the consensus estimate of $0.17 by ($1.77). The company had revenue of $174.88 million for the quarter, compared to analyst estimates of $209.44 million. Marathon Digital had a negative return on equity of 26.05% and a negative net margin of 429.71%.The company’s quarterly revenue was down 26.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.84 earnings per share. Equities research analysts predict that Marathon Digital Holdings, Inc. will post -1.24 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Marathon Digital

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Ascentis Independent Advisors acquired a new position in Marathon Digital in the 1st quarter worth about $28,000. Bogart Wealth LLC increased its position in shares of Marathon Digital by 4,345.1% in the first quarter. Bogart Wealth LLC now owns 4,045 shares of the business services provider’s stock valued at $33,000 after buying an additional 3,954 shares in the last quarter. Eurizon Capital SGR S.p.A. purchased a new stake in shares of Marathon Digital in the fourth quarter valued at approximately $36,000. Hantz Financial Services Inc. raised its stake in shares of Marathon Digital by 344.8% during the 4th quarter. Hantz Financial Services Inc. now owns 5,022 shares of the business services provider’s stock worth $45,000 after buying an additional 3,893 shares during the period. Finally, CoreCap Advisors LLC lifted its position in shares of Marathon Digital by 128.0% during the 2nd quarter. CoreCap Advisors LLC now owns 3,651 shares of the business services provider’s stock valued at $51,000 after buying an additional 2,050 shares in the last quarter. 44.53% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the company. Cantor Fitzgerald cut their price objective on Marathon Digital from $14.00 to $12.00 and set an “overweight” rating on the stock in a report on Friday, August 7th. Rosenblatt Securities reaffirmed a “buy” rating and set a $15.00 target price on shares of Marathon Digital in a report on Friday, August 7th. Piper Sandler dropped their target price on Marathon Digital from $16.00 to $13.00 and set an “overweight” rating on the stock in a research report on Friday, July 17th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Marathon Digital in a research report on Friday, August 7th. Finally, BTIG Research reiterated a “buy” rating and issued a $27.00 price target on shares of Marathon Digital in a report on Monday, June 1st. Eight analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $18.78.

View Our Latest Research Report on Marathon Digital

Key Headlines Impacting Marathon Digital

Here are the key news stories impacting Marathon Digital this week:

Positive Sentiment: Bitcoin’s strong advance provided a favorable backdrop for Marathon’s mining business and helped propel MARA higher in recent sessions. Crypto-linked equities also benefited from renewed optimism that Congress could advance the Clarity Act, which would establish a clearer U.S. regulatory framework for digital assets. Crypto stocks rally as Bitcoin breaks out Bitcoin and crypto shares climb after Clarity Act push
Neutral Sentiment: Marathon’s expansion into AI data-center and power infrastructure could diversify revenue beyond Bitcoin mining. However, the recent split among mining stocks shows investors are questioning the economics, funding requirements and execution risk of these AI-related projects rather than automatically rewarding the strategy. Bitcoin miners diverge as investors weigh AI strategies
Negative Sentiment: Marathon’s latest quarterly results remain a significant overhang. Revenue declined 26.7% year over year to $174.88 million, missing the $209.44 million consensus estimate, while the company reported a $1.60-per-share loss versus expectations for a $0.17 profit. Analysts project a full-year loss of about $1.24 per share, reinforcing concerns about profitability and valuation. MARA earnings miss
Negative Sentiment: CEO Frederick Thiel sold 27,505 shares and CFO Salman Hassan Khan sold 16,000 shares at approximately $9.21 under pre-arranged Rule 10b5-1 plans. Both executives retained substantial holdings, limiting the significance of the sales, but the transactions may modestly weigh on sentiment. MARA CFO insider sale MARA CEO insider sale

Marathon Digital Company Profile

(Get Free Report)

Marathon Digital Holdings, Inc is a digital asset technology company specializing in the mining and acquisition of bitcoin. Headquartered in Las Vegas, Nevada, the firm employs high-performance application-specific integrated circuit (ASIC) miners and proprietary software to secure the Bitcoin network and expand its crypto-mining footprint. Marathon Digital focuses on operational efficiency and scalability, while maintaining rigorous standards for regulatory compliance and corporate governance.

The company operates multiple large-scale mining facilities throughout North America, including sites in Texas, Montana and New York.