Marathon Digital (NASDAQ:MARA) Stock Price Down 7.3% – Should You Sell?

Posted by Stanley Muller on Jul 2nd, 2026

Marathon Digital Holdings, Inc. (NASDAQ:MARA – Get Free Report) traded down 7.3% on Thursday . The company traded as low as $11.98 and last traded at $12.40. Approximately 50,452,654 shares were traded during trading, an increase of 11% from the average session volume of 45,542,969 shares. The stock had previously closed at $13.37.

Analysts Set New Price Targets

Several brokerages have weighed in on MARA. Weiss Ratings downgraded Marathon Digital from a “sell (d)” rating to a “sell (d-)” rating in a research report on Tuesday, May 12th. Cantor Fitzgerald cut their price target on Marathon Digital from $11.00 to $10.00 and set an “overweight” rating on the stock in a research note on Thursday, April 9th. Citizens Jmp assumed coverage on Marathon Digital in a report on Wednesday, June 24th. They issued a “market outperform” rating and a $24.00 price objective for the company. Morgan Stanley lowered their price objective on shares of Marathon Digital from $8.50 to $7.00 and set an “underweight” rating for the company in a research note on Tuesday, May 19th. Finally, BTIG Research reissued a “buy” rating and set a $27.00 target price on shares of Marathon Digital in a research report on Monday, June 1st. Eight investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Marathon Digital has a consensus rating of “Moderate Buy” and an average price target of $19.00.

Get Our Latest Analysis on MARA

Marathon Digital Trading Down 7.3%

The stock has a market capitalization of $4.73 billion, a P/E ratio of -2.17 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. The company has a 50-day moving average price of $13.28 and a 200 day moving average price of $10.72.

Insider Buying and Selling

In other Marathon Digital news, CFO Salman Hassan Khan sold 16,000 shares of the stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $12.00, for a total transaction of $192,000.00. Following the completion of the sale, the chief financial officer directly owned 425,066 shares of the company’s stock, valued at approximately $5,100,792. This represents a 3.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Douglas K. Mellinger sold 7,000 shares of the firm’s stock in a transaction dated Monday, June 22nd. The shares were sold at an average price of $16.00, for a total transaction of $112,000.00. Following the completion of the sale, the director owned 231,618 shares in the company, valued at $3,705,888. This represents a 2.93% 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 194,855 shares of company stock worth $2,465,975 over the last ninety days. 0.97% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Marathon Digital

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. WINTON GROUP Ltd purchased a new position in Marathon Digital in the third quarter worth $4,643,000. Farallon Capital Management LLC increased its position in shares of Marathon Digital by 338.3% during 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 in the last quarter. Massachusetts Financial Services Co. MA purchased a new stake in shares of Marathon Digital during the 4th quarter valued at $10,201,000. Brevan Howard Capital Management LP lifted its holdings in shares of Marathon Digital by 238.7% during the 3rd quarter. Brevan Howard Capital Management LP now owns 195,260 shares of the business services provider’s stock valued at $3,565,000 after purchasing an additional 137,606 shares during the last quarter. Finally, Clear Street Group Inc. acquired a new stake in shares of Marathon Digital in the 3rd quarter worth $34,331,000. Hedge funds and other institutional investors own 44.53% of the company’s stock.

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.