MARA (NASDAQ:MARA) Trading Down 2.1% – Here’s What Happened

Posted by George Bondi on Sep 23rd, 2026

MARA Holdings (NASDAQ:MARA – Get Free Report)’s share price traded down 2.1% during trading on Wednesday . The company traded as low as $13.27 and last traded at $13.35. 37,112,573 shares were traded during trading, a decline of 20% from the average daily volume of 46,507,965 shares. The stock had previously closed at $13.63.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the stock. Weiss Ratings raised shares of MARA from a “sell (d-)” rating to a “sell (d)” rating in a research report on Friday, August 21st. JPMorgan Chase & Co. reiterated an “underweight” rating and set a $11.00 target price (down from $13.00) on shares of MARA in a report on Monday, September 14th. BTIG Research reissued a “buy” rating and issued a $27.00 price target on shares of MARA in a research report on Monday, June 1st. Cantor Fitzgerald dropped their price target on shares of MARA from $14.00 to $12.00 and set an “overweight” rating for the company in a research note on Friday, August 7th. Finally, Citizens Jmp started coverage on MARA in a research report on Wednesday, June 24th. They set a “market outperform” rating and a $24.00 price objective on the stock. Eight analysts have rated the stock with a Buy rating, one has assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $19.20.

Get Our Latest Report on MARA

MARA Stock Performance

The company has a market capitalization of $5.16 billion, a PE ratio of -1.46 and a beta of 5.32. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.89 and a current ratio of 0.89. The stock’s fifty day simple moving average is $11.21 and its 200-day simple moving average is $11.54.

MARA (NASDAQ:MARA – Get Free Report) last issued its earnings results on Thursday, August 6th. The business services provider reported ($1.60) earnings per share for the quarter, missing analysts’ consensus estimates of $0.17 by ($1.77). MARA had a negative net margin of 429.71% and a negative return on equity of 26.05%. The firm had revenue of $174.88 million during the quarter, compared to analyst estimates of $209.44 million. During the same quarter in the previous year, the business posted $1.84 EPS. MARA’s revenue was down 26.7% compared to the same quarter last year. As a group, equities analysts predict that MARA Holdings will post -1.65 earnings per share for the current year.

Insider Activity at MARA

In other news, CFO Salman Khan sold 16,000 shares of MARA stock in a transaction that occurred 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 completion of the transaction, the chief financial officer owned 377,066 shares in the company, valued at approximately $3,472,777.86. This trade represents a 4.07% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Zabi Nowaid sold 8,376 shares of the 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 sale, the general counsel directly owned 898,780 shares in the company, valued at $10,785,360. This represents a 0.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 79,386 shares of company stock valued at $816,125 over the last ninety days. Corporate insiders own 0.97% of the company’s stock.

Institutional Trading of MARA

Large investors have recently added to or reduced their stakes in the business. Geode Capital Management LLC grew its stake in MARA by 2.6% in the 4th quarter. Geode Capital Management LLC now owns 9,957,766 shares of the business services provider’s stock valued at $89,434,000 after buying an additional 251,674 shares during the last quarter. Norges Bank acquired a new position in shares of MARA in the 4th quarter valued at $39,492,000. Capital World Investors lifted its stake in MARA by 0.6% in the fourth quarter. Capital World Investors now owns 2,954,764 shares of the business services provider’s stock valued at $26,534,000 after buying an additional 19,048 shares in the last quarter. Principal Financial Group Inc. boosted its position in MARA by 2.0% during the first quarter. Principal Financial Group Inc. now owns 1,838,149 shares of the business services provider’s stock valued at $14,999,000 after purchasing an additional 35,978 shares during the last quarter. Finally, Headlands Technologies LLC grew its stake in MARA by 51.2% in the 2nd quarter. Headlands Technologies LLC now owns 444,756 shares of the business services provider’s stock valued at $6,178,000 after buying an additional 150,665 shares during the last quarter. 44.53% of the stock is owned by institutional investors.

MARA Company Profile

(Get Free Report)

MARA Holdings, Inc, formerly known as Marathon Digital Holdings, Inc, is a digital asset technology company focused primarily on mining bitcoin. The company operates and supports computing infrastructure designed to secure the Bitcoin network by processing transactions and earning bitcoin rewards.

MARA develops and deploys large-scale data center and energy infrastructure for digital asset mining. Its activities include operating mining facilities, managing specialized application-specific integrated circuit (ASIC) mining equipment, and pursuing energy and infrastructure solutions intended to support more efficient and scalable computing operations.