WINTON GROUP Ltd Takes Position in MARA Holdings $MARA

Key Points

• WINTON GROUP Ltd acquired 255,240 MARA shares worth approximately $3.55 million, representing about 0.07% of the company. Institutional investors collectively own 44.53% of MARA.
• Analyst sentiment is mixed but leans positive, with a “Moderate Buy” consensus and an average price target of $18.78 versus a recent price of $11.43; targets range from $6.00 to $27.00.
• MARA’s operating performance remains weak: the company posted a $1.60 quarterly EPS loss versus expectations of $0.17 EPS and revenue fell 26.7% year over year. The stock also carries high volatility, with a beta of 5.32, while insiders sold shares during the quarter.

WINTON GROUP Ltd acquired a new position in shares of MARA Holdings (NASDAQ:MARA - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 255,240 shares of the business services provider's stock, valued at approximately $3,545,000. WINTON GROUP Ltd owned about 0.07% of MARA as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently modified their holdings of the business. CI Investments Inc. grew its stake in MARA by 7.6% in the 1st quarter. CI Investments Inc. now owns 13,520 shares of the business services provider's stock worth $110,000 after acquiring an additional 957 shares during the period. Integrated Wealth Concepts LLC lifted its position in MARA by 9.8% during the first quarter. Integrated Wealth Concepts LLC now owns 11,073 shares of the business services provider's stock valued at $127,000 after buying an additional 991 shares in the last quarter. Greenleaf Trust lifted its holdings in shares of MARA by 9.9% during the 2nd quarter. Greenleaf Trust now owns 11,915 shares of the business services provider's stock valued at $165,000 after acquiring an additional 1,076 shares in the last quarter. Evexia Wealth LLC boosted its position in shares of MARA by 9.2% in the first quarter. Evexia Wealth LLC now owns 12,937 shares of the business services provider's stock worth $106,000 after buying an additional 1,090 shares during the period. Finally, Osaic Holdings Inc. boosted its holdings in MARA by 38.6% in the 2nd quarter. Osaic Holdings Inc. now owns 4,816 shares of the business services provider's stock worth $76,000 after acquiring an additional 1,340 shares during the period. Hedge funds and other institutional investors own 44.53% of the company's stock.

MARA News Roundup

Here are the key news stories impacting MARA this week:

• Positive Sentiment: Analyst opinions remain mixed but provide some potential upside: recent price targets have a median of $15, above the current trading level, although targets range widely from $5.50 to $27.00. Institutional activity was also balanced, with several large funds adding shares during the second quarter. MARA Holdings short interest and institutional activity
• Neutral Sentiment: MARA attracted increased investor attention on Zacks, but the report did not identify a new company-specific catalyst. The attention likely reflects the stock’s sensitivity to Bitcoin prices and its high trading volatility. MARA attracts investor attention
• Negative Sentiment: Crypto-mining shares sold off more aggressively than Bitcoin in a risk-off market. MARA’s high beta makes it particularly vulnerable when investors reduce exposure to speculative assets. Crypto mining stocks fall on risk-off trading
• Negative Sentiment: Investor confidence remains constrained by MARA’s weak operating results: its latest quarter showed a substantial EPS miss, revenue below expectations and a year-over-year revenue decline. Recent insider activity also showed selling without reported purchases. A prior report indicated short interest equal to 33.16% of the float, though a separate update showing zero shares appears inconsistent and should be treated cautiously. Why MARA stock is falling

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the stock. 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. BTIG Research reissued a "buy" rating and issued a $27.00 price target on shares of MARA in a report on Monday, June 1st. Morgan Stanley boosted their target price on shares of MARA from $5.50 to $6.00 and gave the company an "underweight" rating in a research note on Thursday, August 13th. Piper Sandler reduced their price target on MARA from $16.00 to $13.00 and set an "overweight" rating for the company in a research report on Friday, July 17th. Finally, Citizens Jmp began coverage on shares of MARA in a report on Wednesday, June 24th. They issued a "market outperform" rating and a $24.00 price objective for the company. Eight research 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. According to MarketBeat, MARA has an average rating of "Moderate Buy" and an average target price of $18.78.

Insider Transactions at MARA

In other news, General Counsel Zabi Nowaid sold 8,376 shares of the business's stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $12.00, for a total transaction of $100,512.00. Following the sale, the general counsel directly owned 898,780 shares in the company, 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 document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Douglas Mellinger sold 7,000 shares of the company'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 directly owned 231,618 shares in the company, valued at approximately $3,705,888. The trade was a 2.93% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 109,386 shares of company stock worth $1,332,889 over the last quarter. 0.97% of the stock is owned by company insiders.

MARA Price Performance

NASDAQ MARA opened at $11.43 on Friday. The stock's 50-day moving average is $11.25 and its two-hundred day moving average is $11.34. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.89 and a quick ratio of 0.89. MARA Holdings has a fifty-two week low of $6.66 and a fifty-two week high of $23.45. The firm has a market cap of $4.42 billion, a P/E ratio of -1.25 and a beta of 5.32.

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

MARA Company Profile

MARA Holdings, Inc is an energy and digital infrastructure company whose core business is Bitcoin mining. Headquartered in Hallandale Beach, Florida, the company operates large-scale computing infrastructure designed to convert energy into high-value compute workloads.

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