Marathon Digital Holdings, Inc. (NASDAQ:MARA) Given Average Rating of “Moderate Buy” by Brokerages

Marathon Digital Holdings, Inc. (NASDAQ:MARA) has been given a consensus recommendation of “Moderate Buy” by the twelve research firms that are presently covering the firm, MarketBeat reports. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and eight have given a buy rating to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $18.50.

MARA has been the subject of a number of recent research reports. BTIG Research reiterated a “buy” rating and set a $27.00 price target on shares of Marathon Digital in a research note on Monday, June 1st. Piper Sandler dropped their price objective on shares of Marathon Digital from $16.00 to $13.00 and set an “overweight” rating on the stock in a research note on Friday, July 17th. Rosenblatt Securities upped their target price on shares of Marathon Digital from $11.00 to $15.00 and gave the company a “buy” rating in a report on Friday, May 1st. Weiss Ratings cut shares of Marathon Digital from a “sell (d)” rating to a “sell (d-)” rating in a report on Tuesday, May 12th. Finally, Cantor Fitzgerald decreased their target price on shares of Marathon Digital from $11.00 to $10.00 and set an “overweight” rating for the company in a research note on Thursday, April 9th.

Marathon Digital Stock Performance

Shares of Marathon Digital stock opened at $12.12 on Friday. The firm’s fifty day simple moving average is $13.30 and its 200-day simple moving average is $10.99. The stock has a market capitalization of $4.62 billion, a price-to-earnings ratio of -2.12 and a beta of 5.36. Marathon Digital has a 12 month low of $6.66 and a 12 month high of $23.45. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.84 and a quick ratio of 1.84.

Key Marathon Digital News

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

• Positive Sentiment: The stock recently outperformed the broader market, closing up in the prior session, which suggests the name has had strong short-term momentum despite today’s reversal. Marathon Digital Holdings, Inc. (MARA) Increases Despite Market Slip: Here’s What You Need to Know
• Positive Sentiment: One analyst raised its price target on MARA, signaling that some on Wall Street still see upside tied to high-performance computing contracts and the company’s longer-term growth story. MARA Holdings (MARA) Stock Sees Split Analyst Revisions As Fair Value Edges Lower
• Neutral Sentiment: The company remains in focus after disclosure of a large Bitcoin sale and ahead of its upcoming earnings update, keeping attention on whether earnings and margin trends can offset revenue pressure. MARA Holdings (MARA) Following Bitcoin Sales And Earnings Focus As Fair Value Debate Builds
• Neutral Sentiment: Reported short-interest data was effectively flat/zero, so it does not appear to be a meaningful new catalyst for the stock right now.
• Negative Sentiment: Multiple analysts cut their targets, suggesting rising caution around execution risk, valuation, and the pace of crypto/AI-related demand. MARA Holdings (MARA) Stock Sees Split Analyst Revisions As Fair Value Edges Lower
• Negative Sentiment: The latest market report highlighted that MARA fell while the broader market rose, reinforcing concerns that traders are rotating away from the stock despite recent volatility. Marathon Digital Holdings, Inc. (MARA) Stock Falls Amid Market Uptick: What Investors Need to Know

Insider Buying and Selling

In other Marathon Digital news, General Counsel Zabi Nowaid sold 7,000 shares of Marathon Digital stock in a transaction that occurred 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 transaction, the general counsel directly owned 963,768 shares in the company, valued at approximately $13,733,694. This trade represents a 0.72% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Salman Hassan Khan sold 16,000 shares of Marathon Digital stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $14.25, for a total value of $228,000.00. Following the completion of the transaction, the chief financial officer owned 409,066 shares in the company, valued at $5,829,190.50. This trade represents a 3.76% decrease in their ownership of the stock. 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 sold 109,260 shares of company stock valued at $1,452,756 in the last quarter. 0.97% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Marathon Digital

Several hedge funds have recently modified their holdings of MARA. Ascentis Independent Advisors purchased a new position in Marathon Digital in the 1st quarter valued at $28,000. Bogart Wealth LLC increased its stake in Marathon Digital by 4,345.1% in the 1st quarter. Bogart Wealth LLC now owns 4,045 shares of the business services provider’s stock valued at $33,000 after buying an additional 3,954 shares during the period. Eurizon Capital SGR S.p.A. purchased a new position in Marathon Digital during the 4th quarter worth $36,000. Hantz Financial Services Inc. raised its position in Marathon Digital by 344.8% during the 4th quarter. Hantz Financial Services Inc. now owns 5,022 shares of the business services provider’s stock worth $45,000 after buying an additional 3,893 shares during the last quarter. Finally, CoreCap Advisors LLC raised its position in Marathon Digital by 128.0% during the 2nd quarter. CoreCap Advisors LLC now owns 3,651 shares of the business services provider’s stock worth $51,000 after buying an additional 2,050 shares during the last quarter. 44.53% of the stock is owned by institutional investors and hedge funds.

About Marathon Digital

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.