MARA Holdings Inc’s recently made public that its Director MELLINGER DOUGLAS K unloaded Company’s shares for reported $23800.0 on Dec 12 ’24. In the deal valued at $23.80 per share,1,000 shares were sold. As a result of this transaction, MELLINGER DOUGLAS K now holds 138,756 shares worth roughly $3.41 million.
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
Then, Khan Salman Hassan bought 16,700 shares, generating $392,450 in total proceeds.
Before that, Thiel Frederick G bought 27,505 shares. MARA Holdings Inc shares valued at $646,368 were divested by the Officer at a price of $23.50 per share.
Piper Sandler initiated its MARA Holdings Inc [MARA] rating to an Overweight in a research note published on December 17, 2024; the price target was $34. A number of analysts have revised their coverage, including JP Morgan’s analysts, who increased its forecast for the stock in early December from “an Underweight” to “a Neutral”. Barclays began covering MARA with “an Equal weight” recommendation on November 25, 2024. Compass Point revised its rating on November 21, 2024. It rated MARA as “a Neutral” which previously was an “a Buy”.
Price Performance Review of MARA
On Tuesday, MARA Holdings Inc [NASDAQ:MARA] saw its stock jump 0.16% to $24.60. Over the last five days, the stock has gained 7.87%. MARA Holdings Inc shares have risen nearly 4.73% since the year began. Nevertheless, the stocks have risen 34.50% 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 $20.88, while 200 days put it at $19.28.
Levels Of Support And Resistance For MARA Stock
The 24-hour chart illustrates a support level at 24.06, which if violated will result in even more drops to 23.52. On the upside, there is a resistance level at 25.36. A further resistance level may holdings at 26.12. The Relative Strength Index (RSI) on the 14-day chart is 54.75, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.80, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 71.13%. Stochastics %K at 20.89% 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 2024-11-29, dropping by -4.6 million shares to a total of 65.84 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 70.43 million shares. There was a decline of -6.98%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on October 10, 2024 when Cantor Fitzgerald began covering the stock and recommended ‘”an Overweight”‘ rating along with a $21 price target.
