<div id="readability-page-1"><p>Marathon Digital Holdings, Inc. (NASDAQ:MARA - Get Free Report)'s share price shot up 1.5% on Wednesday after Macquarie raised their price target on the stock from $19.00 to $26.00. Macquarie currently has an outperform rating on the stock. Marathon Digital traded as high as $17.92 and last traded at $16.86. 23,879,435 shares were traded  during trading, a decline of 44% from the average session volume of 42,547,680 shares. The stock had previously closed at $16.61.</p><div><p><span></span><span>Get <strong>Marathon Digital</strong> alerts:</span></p></div><ul><li>Crypto Skeptics Can Still Win Big With These Risk-Limiting ETFs</li></ul><p>MARA has been the topic of a number of other reports. Compass Point upgraded shares of Marathon Digital from a &#34;sell&#34; rating to a &#34;neutral&#34; rating and raised their price target for the company from $9.50 to $18.00 in a research note on Friday, July 25th. Piper Sandler raised their target price on shares of Marathon Digital from $23.00 to $26.00 and gave the stock an &#34;overweight&#34; rating in a report on Monday, July 21st. HC Wainwright  reaffirmed a &#34;buy&#34; rating and issued a $28.00 price target on shares of Marathon Digital in a research report on Thursday, April 24th. Rosenblatt Securities  reaffirmed a &#34;buy&#34; rating and set a $20.00 price target on shares of Marathon Digital in a research report on Wednesday. Finally, Barclays lifted their target price on Marathon Digital from $14.00 to $16.00 and gave the stock an &#34;equal weight&#34; rating in a report on Monday, May 12th. Four equities research analysts have rated the stock with a hold rating and six have issued  a buy rating to the company. Based on data from MarketBeat.com, Marathon Digital currently has a consensus rating of &#34;Moderate Buy&#34; and an average price target of $24.22.</p><p><b>View Our Latest Research Report on MARA</b></p><h2>Insider Activity</h2><ul><li>As Bitcoin Hits New Highs, These 3 Stocks Could Explode</li></ul><p>In other news, CEO Frederick G. Thiel sold 27,505 shares of the stock in a transaction that occurred on Wednesday, July 16th. The stock was sold at an average price of $19.52, for a total transaction of $536,897.60. Following the sale, the chief executive officer directly owned 3,946,504 shares in the company, valued at approximately $77,035,758.08. This represents a 0.69% decrease in their position. The sale was disclosed in a document filed with the Securities &amp; Exchange Commission, which can be accessed through the SEC website. Also, CFO Salman Hassan Khan sold 34,732 shares of the stock in a transaction that occurred on Tuesday, July 15th. The stock was sold at an average price of $19.05, for a total value of $661,644.60. Following the completion of the transaction, the chief financial officer directly owned 324,572 shares of the company's stock, valued at $6,183,096.60. This trade represents a 9.67% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 262,090 shares of company stock valued at $4,270,591 over the last quarter. Company insiders own  0.80% of the company's stock. </p><h2>Hedge Funds Weigh In On Marathon Digital</h2><p>A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Park Square Financial Group LLC acquired a new stake in shares of  Marathon Digital during the 4th quarter valued at $27,000.  Fifth Third Bancorp lifted its position in shares of  Marathon Digital by 59.9% during the 2nd quarter. Fifth Third Bancorp now owns 1,824 shares of the business services provider's stock valued at $29,000 after acquiring an additional 683 shares during the last quarter.  Sterling Capital Management LLC lifted its position in shares of  Marathon Digital by 358.3% during the 4th quarter. Sterling Capital Management LLC now owns 1,824 shares of the business services provider's stock valued at $31,000 after acquiring an additional 1,426 shares during the last quarter.  IFP Advisors Inc lifted its holdings in shares of  Marathon Digital by 375.4% in the second quarter. IFP Advisors Inc now owns 2,534 shares of the business services provider's stock valued at $40,000 after purchasing an additional 2,001 shares in the last quarter.  Finally, Brown Brothers Harriman &amp; Co. purchased a new stake in shares of  Marathon Digital in the fourth quarter valued at $50,000. 44.53% of the stock is owned by institutional investors. </p><h2>Marathon Digital Price Performance</h2><ul><li>Why Now Could Be the Smartest Time to Buy Crypto Stocks</li></ul><p>The stock has a fifty day moving average price of $16.43 and a 200-day moving average price of $15.36. The company has a market cap of $5.75 billion, a PE ratio of -11.29 and a beta of 6.53. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.79 and a quick ratio of 0.79. </p><p>Marathon Digital (NASDAQ:MARA - Get Free Report) last posted its earnings results on Thursday, May 8th. The business services provider reported ($0.40) EPS for the quarter, missing the consensus estimate of ($0.34) by ($0.06). Marathon Digital had a positive return on equity of 6.33% and a negative net margin of 46.68%. The business had revenue of $213.88 million for the quarter, compared to analyst estimates of $234.19 million. During the same period in the previous year, the company earned $1.26 earnings per share. The company's quarterly revenue was up 29.5% compared to the same quarter last year.  On average, equities analysts expect that  Marathon Digital Holdings, Inc. will post -1.04 earnings per share for the current year. </p><h2>Marathon Digital Company Profile</h2> (Get Free Report)<p>MARA Holdings, Inc operates as a digital asset technology company that mines digital assets with a focus on the bitcoin ecosystem in United States. The company was formerly known as Marathon Digital Holdings, Inc and changed its name to MARA Holdings, Inc in August 2024. MARA Holdings, Inc was incorporated in 2010 and is headquartered in Fort Lauderdale, Florida.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Marathon Digital</li><li>What is a Microcap Stock? Everything You Need to Know </li><li>Why Lyft’s Stock Volume Just Spiked—Is an EV Partnership Near?</li><li>How to Profit From Growth Investing </li><li>Global Value: 3 Stocks Under $10 Riding a Weak Dollar</li><li>Low PE Growth Stocks: Unlocking Investment Opportunities</li><li>3 Great Growth Stocks to Buy-and-Hold for the Next 10 Years</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Marathon Digital Right Now?</h2><p>Before you consider Marathon Digital, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Marathon Digital wasn't on the list.</p><p>While Marathon Digital currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

MARA

<p>Marathon Digital's stock (NASDAQ:MARA) rose 1.5% after Macquarie upgraded its price target from $19 to $26, maintaining an outperform rating. The stock traded at $16.86 with a volume decline of 44%. Other analysts have also raised their ratings and targets, with a consensus rating of "Moderate Buy" and an average target of $24.22. Insider sales were reported, and institutional investors hold 44.53% of the stock. The company has a market cap of $5.75 billion and a PE ratio of -11.29.</p>

Marathon Digital (NASDAQ:MARA) Trading Up 1.5% After Analyst Upgrade