Marathon Digital Holdings, Inc. $MARA Shares Purchased by Sara Bay Financial

Posted by George Bondi on Jun 24th, 2026

Sara Bay Financial grew its position in shares of Marathon Digital Holdings, Inc. (NASDAQ:MARA – Free Report) by 131.2% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 62,730 shares of the business services provider’s stock after buying an additional 35,600 shares during the period. Sara Bay Financial’s holdings in Marathon Digital were worth $512,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. UBS Group AG increased its holdings in shares of Marathon Digital by 104.1% in the 3rd quarter. UBS Group AG now owns 12,098,686 shares of the business services provider’s stock valued at $220,922,000 after acquiring an additional 6,172,110 shares during the last quarter. Voloridge Investment Management LLC bought a new position in Marathon Digital during the third quarter worth $93,066,000. Norges Bank bought a new position in Marathon Digital during the fourth quarter worth $39,492,000. Capital Research Global Investors acquired a new position in Marathon Digital in the third quarter worth $68,090,000. Finally, Farallon Capital Management LLC boosted its holdings in Marathon Digital by 338.3% in the third quarter. Farallon Capital Management LLC now owns 3,660,000 shares of the business services provider’s stock worth $66,832,000 after purchasing an additional 2,825,000 shares during the period. Institutional investors and hedge funds own 44.53% of the company’s stock.

Trending Headlines about Marathon Digital

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

Positive Sentiment: MARA and other Bitcoin miners were highlighted after flashing “golden crosses,” a bullish technical signal that may suggest improving momentum for the stock if crypto sentiment stabilizes. Bitcoin Has Been Cut In Half, But MARA And HIVE Just Flashed Golden Crosses
Positive Sentiment: Broader market strength in chipmakers and AI infrastructure stocks may be helping risk appetite for high-beta names like Marathon Digital. Stocks Supported by Strength in Chipmakers and AI-Infrastructure Stocks
Neutral Sentiment: Recent commentary compared MARA’s long-term Bitcoin-mining strategy with Strategy’s balance-sheet Bitcoin bet, reinforcing that MARA remains a leveraged way to play Bitcoin rather than a fundamentally defensive stock. If You Had Invested $1,000 in MARA or Strategy a Decade Ago
Negative Sentiment: CEO Frederick G. Thiel sold 27,505 shares and General Counsel Zabi Nowaid sold 7,000 shares, adding to investor concern about insider selling at recent prices. Marathon Digital (NASDAQ:MARA) General Counsel Zabi Nowaid Sells 7,000 Shares
Negative Sentiment: Analysts remain mixed overall, with a consensus rating of “Hold” and a recent price-target cut from Morgan Stanley, which may limit enthusiasm for the shares. Marathon Digital Holdings, Inc. (NASDAQ:MARA) Insider Trades

Marathon Digital Price Performance

Shares of NASDAQ:MARA opened at $14.70 on Wednesday. The firm’s 50 day moving average is $12.93 and its two-hundred day moving average is $10.64. Marathon Digital Holdings, Inc. has a 52 week low of $6.66 and a 52 week high of $23.45. The firm has a market capitalization of $5.60 billion, a P/E ratio of -2.57 and a beta of 5.38. The company has a current ratio of 1.84, a quick ratio of 1.84 and a debt-to-equity ratio of 0.99.

Wall Street Analyst Weigh In

Several analysts have weighed in on MARA shares. HC Wainwright reiterated a “neutral” rating on shares of Marathon Digital in a research note on Friday, February 27th. Rosenblatt Securities raised their price target on shares of Marathon Digital from $11.00 to $15.00 and gave the stock a “buy” rating in a research report on Friday, May 1st. BTIG Research reaffirmed a “buy” rating and issued a $27.00 price target on shares of Marathon Digital in a report on Monday, June 1st. Cantor Fitzgerald lowered their price objective on shares of Marathon Digital from $11.00 to $10.00 and set an “overweight” rating for the company in a research report on Thursday, April 9th. Finally, Morgan Stanley dropped their price objective on shares of Marathon Digital from $8.50 to $7.00 and set an “underweight” rating on the stock in a research note on Tuesday, May 19th. Seven investment analysts have rated the stock with a Buy rating, two have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $18.38.

View Our Latest Analysis on MARA

Insider Buying and Selling at Marathon Digital

In other Marathon Digital news, CFO Salman Hassan Khan sold 16,000 shares of the business’s stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of $14.25, for a total transaction of $228,000.00. Following the completion of the transaction, the chief financial officer owned 409,066 shares in the company, valued at approximately $5,829,190.50. The trade was a 3.76% decrease in their position. The sale was disclosed in a legal 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, General Counsel Zabi Nowaid sold 7,000 shares of the stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of $14.25, for a total value of $99,750.00. Following the completion of the transaction, the general counsel directly owned 963,768 shares of the company’s stock, valued at approximately $13,733,694. The trade was a 0.72% 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. Insiders have sold 187,855 shares of company stock valued at $2,353,975 in the last quarter. Corporate insiders own 0.97% of the company’s stock.

Marathon Digital Profile

(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.