Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. MARA Holdings Inc shares valued at $16,000 were purchased by MELLINGER DOUGLAS K on Feb 12 ’25. At $16.00 per share, MELLINGER DOUGLAS K acquired 1,000 shares.
Also, Thiel Frederick G sold 27,505 shares, netting a total of over 495,365 in proceeds. Following the sale of shares at $18.01 each, the insider now holds 4,100,585 shares.
Before that, Thiel Frederick G had added 27,505 shares to its account. In a trade valued at $495,365, the Officer bought MARA Holdings Inc shares for $18.01 each.
As published in their initiating research note from Piper Sandler on December 17, 2024, MARA Holdings Inc [MARA] has been an Overweight and the price target has been revised to $34. Analysts at JP Morgan upgraded the stock from ‘”an Underweight”‘ to ‘”a Neutral”‘ outlook in a report released in early December. As of November 25, 2024, Barclays has initiated its “an Equal weight” rating for MARA. Earlier on November 21, 2024, Compass Point downgraded its rating. Their new recommendation was “a Neutral” for MARA stock which previously was a “a Buy”.
Analyzing MARA Stock Performance
During the last five days, there has been a surge of approximately 0.65%. Over the course of the year, MARA Holdings Inc shares have jumped approximately 0.83%. Shares of the company reached a 52-week high of $21.17 on 01/24/25 and a 52-week low of $15.68 on 02/12/25. A 50-day SMA is recorded $19.86, while a 200-day SMA reached $19.12. Nevertheless, trading volume fell to 26.74 million shares from 23.65 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 16.21, which, if violated, would cause prices to drop to 15.51. In the upper region, resistance lies at 17.28. The next price resistance is at 17.65. RSI (Relative Strength Index) is 41.68 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.08, which suggests the price will decrease in the coming days. Percent R is at 68.46%, indicating low price movement. Stochastics %K at buying indicates that the stock is to be held.
