In the last trading session, 54.39 million shares of the MARA Holdings Inc (NASDAQ:MARA) were traded, and its beta was 6.62. Most recently the company’s share price was $14.67, and it changed around -$0.65 or -4.24% from the last close, which brings the market valuation of the company to $5.16B. MARA currently trades at a discount to its 52-week high of $30.28, offering almost -106.41% off that amount. The share price’s 52-week low was $9.81, which indicates that the current value has risen by an impressive 33.13% since then. We note from MARA Holdings Inc’s average daily trading volume that its 10-day average is 49.98 million shares, with the 3-month average coming to 42.37 million.
MARA Holdings Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.29. If we narrow it down even further, the data shows that 1 out of 15 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 8 recommended MARA as a Hold, whereas 4 deemed it a Buy, and 0 rated it as Underweight.
MARA Holdings Inc (NASDAQ:MARA) trade information
Instantly MARA has showed a red trend with a performance of -4.24% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 16.73 on recent trading dayincreased the stock’s daily price by 12.31%. The company’s shares are currently down -12.52% year-to-date, but still down -11.04% over the last five days. On the other hand, MARA Holdings Inc (NASDAQ:MARA) is -9.50% down in the 30-day period. We can see from the shorts that 87.53 million shares have been sold at a short interest cover period of 1.81 day(s).
The consensus price target as assigned by Wall Street analysts is $24.5, which translates to bulls needing to increase their stock price by 40.12% from its current value. Analyst projections state that MARA is forecast to be at a low of $6 and a high of $33.
MARA Dividends
MARA Holdings Inc’s next quarterly earnings report is expected to be released on 2025-May-07.
MARA Holdings Inc (NASDAQ:MARA)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.87% of MARA Holdings Inc shares, and 60.89% of them are in the hands of institutional investors. The stock currently has a share float of 61.42%. MARA Holdings Inc stock is held by 497.0 institutions, with BLACKROCK INC. being the largest institutional investor. By 2024-06-30, it held 15.436% of the shares, which is about 43.02 million shares worth $853.87 million.
VANGUARD GROUP INC, with 11.5875% or 32.29 million shares worth $640.99 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
