MARA Holdings Inc’s recently made public that its Director Leupp Jay P unloaded Company’s shares for reported $0.2 million on Nov 29 ’24. In the deal valued at $29.90 per share,6,800 shares were sold. As a result of this transaction, Leupp Jay P now holds 135,756 shares worth roughly $3.59 million.
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Then, Leupp Jay P bought 6,800 shares, generating $203,320 in total proceeds.
Before that, Leupp Jay P sold 11,200 shares. MARA Holdings Inc shares valued at $303,072 were divested by the Director at a price of $27.06 per share. As a result of the transaction, Leupp Jay P now holds 142,556 shares, worth roughly $3.77 million.
Barclays initiated its MARA Holdings Inc [MARA] rating to an Equal weight in a research note published on November 25, 2024; the price target was $27. A number of analysts have revised their coverage, including Compass Point’s analysts, who decreased its forecast for the stock in late November from “a Buy” to “a Neutral”. Cantor Fitzgerald began covering MARA with “an Overweight” recommendation on October 10, 2024. Macquarie started covering the stock on September 25, 2024. It rated MARA as “an Outperform”.
Price Performance Review of MARA
On Friday, MARA Holdings Inc [NASDAQ:MARA] saw its stock jump 6.62% to $26.43. Over the last five days, the stock has lost -3.61%. MARA Holdings Inc shares have risen nearly 12.52% since the year began. Nevertheless, the stocks have risen 70.08% over the past one year. While a 52-week high of $34.09 was reached on 02/28/24, a 52-week low of $13.16 was recorded on 09/06/24. SMA at 50 days reached $19.82, while 200 days put it at $19.42.
Levels Of Support And Resistance For MARA Stock
The 24-hour chart illustrates a support level at 25.32, which if violated will result in even more drops to 24.20. On the upside, there is a resistance level at 27.23. A further resistance level may holdings at 28.02. The Relative Strength Index (RSI) on the 14-day chart is 60.31, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.12, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 30.65%. Stochastics %K at 63.75% indicates the stock is a holding.
How much short interest is there in MARA Holdings Inc?
A steep rise in short interest was recorded in MARA Holdings Inc stocks on 2024-11-15, dropping by -12.81 million shares to a total of 64.81 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 77.62 million shares. There was a decline of -19.77%, which implies that there is a negative sentiment for the stock.
