The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. MARA Holdings Inc shares valued at $203,320 were sold by Leupp Jay P on Nov 29 ’24. At $29.90 per share, Leupp Jay P sold 6,800 shares. The insider’s holdings dropped to 135,756 shares worth approximately $3.52 million following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, Leupp Jay P purchased 6,800 shares, netting a total of over 203,320 in proceeds.
Before that, Leupp Jay P had sold 11,200 shares from its account. In a trade valued at $303,072, the Director traded MARA Holdings Inc shares for $27.06 each. Upon closing the transaction, the insider’s holdings decreased to 11,200 shares, worth approximately $3.7 million.
As published in their initiating research note from Barclays on November 25, 2024, MARA Holdings Inc [MARA] has been an Equal weight and the price target has been revised to $27. Analysts at Compass Point downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in late November. As of October 10, 2024, Cantor Fitzgerald has initiated its “an Overweight” rating for MARA. Earlier on September 25, 2024, Macquarie initiated its rating. Their recommendation was “an Outperform” for MARA stock.
Analyzing MARA Stock Performance
During the last five days, there has been a surge of approximately 3.96%. Over the course of the year, MARA Holdings Inc shares have jumped approximately 10.52%. Shares of the company reached a 52-week high of $34.09 on 02/28/24 and a 52-week low of $13.16 on 09/06/24. A 50-day SMA is recorded $19.47, while a 200-day SMA reached $19.41. Nevertheless, trading volume fell to 68.11 million shares from 91.19 million shares the previous day.
Support And Resistance Levels for MARA Holdings Inc (MARA)
According to the 24-hour chart, there is a support level at 24.99, which, if violated, would cause prices to drop to 24.03. In the upper region, resistance lies at 26.51. The next price resistance is at 27.07. RSI (Relative Strength Index) is 60.34 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.64, which suggests the price will increase in the coming days. Percent R is at 34.39%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
