MARA Holdings Inc’s recently made public that its Officer Thiel Frederick G acquired Company’s shares for reported $0.46 million on Feb 18 ’25. In the deal valued at $16.68 per share,27,505 shares were bought.
Then, MELLINGER DOUGLAS K bought 1,000 shares, generating $16,000 in total proceeds.
Before that, Thiel Frederick G sold 27,505 shares. MARA Holdings Inc shares valued at $495,365 were divested by the Chief Executive Officer at a price of $18.01 per share. As a result of the transaction, Thiel Frederick G now holds 4,100,585 shares, worth roughly $65.81 million.
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 fall -5.03% to $16.05. Over the last five days, the stock has lost -4.24%. MARA Holdings Inc shares have fallen nearly -4.29% since the year began. Nevertheless, the stocks have fallen -45.43% over the past one year. While a 52-week high of $34.09 was reached on 01/24/25, a 52-week low of $13.16 was recorded on 02/12/25. SMA at 50 days reached $19.50, while 200 days put it at $19.11.
Levels Of Support And Resistance For MARA Stock
The 24-hour chart illustrates a support level at 15.72, which if violated will result in even more drops to 15.38. On the upside, there is a resistance level at 16.59. A further resistance level may holdings at 17.12. The Relative Strength Index (RSI) on the 14-day chart is 36.94, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.60, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 90.51%. Stochastics %K at 24.02% indicates the stock is a holding.
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.
