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 $458,783 were sold by Thiel Frederick G on Feb 18 ’25. At $16.68 per share, Thiel Frederick G sold 27,505 shares. The insider’s holdings dropped to 3,910,843 shares worth approximately $51.35 million following the completion of this transaction.
Also, Thiel Frederick G purchased 27,505 shares, netting a total of over 458,783 in proceeds.
Before that, MELLINGER DOUGLAS K had added 1,000 shares to its account. In a trade valued at $16,000, the Director bought MARA Holdings Inc shares for $16.00 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 drop of approximately -17.68%. Over the course of the year, MARA Holdings Inc shares have dropped approximately -21.71%. Shares of the company reached a 52-week high of $21.17 on 01/24/25 and a 52-week low of $12.05 on 02/25/25. A 50-day SMA is recorded $18.07, while a 200-day SMA reached $18.95.
Support And Resistance Levels for MARA Holdings Inc (MARA)
According to the 24-hour chart, there is a support level at 12.51, which, if violated, would cause prices to drop to 11.89. In the upper region, resistance lies at 14.30. The next price resistance is at 15.47. RSI (Relative Strength Index) is 29.85 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.62, which suggests the price will decrease in the coming days. Percent R is at 81.41%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
