Fintel reports that on December 17, 2024, Piper Sandler initiated coverage of MARA Holdings (NasdaqCM:MARA) with a Overweight recommendation.
Analyst Price Forecast Suggests 0.43% Upside
As of December 3, 2024, the average one-year price target for MARA Holdings is $24.67/share. The forecasts range from a low of $16.16 to a high of $34.65. The average price target represents an increase of 0.43% from its latest reported closing price of $24.56 / share.
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The projected annual revenue for MARA Holdings is 609MM, an increase of 1.67%. The projected annual non-GAAP EPS is 0.75.
What is the Fund Sentiment?
There are 630 funds or institutions reporting positions in MARA Holdings. This is an increase of 30 owner(s) or 5.00% in the last quarter. Average portfolio weight of all funds dedicated to MARA is 0.22%, an increase of 4.80%. Total shares owned by institutions increased in the last three months by 20.65% to 209,862K shares. The put/call ratio of MARA is 0.54, indicating a bullish outlook.
What are Other Shareholders Doing?
IJR - iShares Core S&P Small-Cap ETF holds 18,713K shares representing 5.81% ownership of the company. In its prior filing, the firm reported owning 17,653K shares , representing an increase of 5.67%. The firm decreased its portfolio allocation in MARA by 22.27% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 8,880K shares representing 2.76% ownership of the company. In its prior filing, the firm reported owning 8,209K shares , representing an increase of 7.56%. The firm decreased its portfolio allocation in MARA by 16.98% over the last quarter.
Geode Capital Management holds 7,157K shares representing 2.22% ownership of the company. In its prior filing, the firm reported owning 6,779K shares , representing an increase of 5.29%. The firm decreased its portfolio allocation in MARA by 20.40% over the last quarter.
IWM - iShares Russell 2000 ETF holds 7,104K shares representing 2.21% ownership of the company. In its prior filing, the firm reported owning 5,242K shares , representing an increase of 26.21%. The firm decreased its portfolio allocation in MARA by 4.47% over the last quarter.
NAESX - Vanguard Small-Cap Index Fund Investor Shares holds 7,003K shares representing 2.18% ownership of the company. In its prior filing, the firm reported owning 6,521K shares , representing an increase of 6.89%. The firm decreased its portfolio allocation in MARA by 19.93% over the last quarter.
Marathon Digital Holdings Background Information
(This description is provided by the company.)
Marathon Patent Group Inc. is a digital asset technology company that mines cryptocurrencies, with a focus on the blockchain ecosystem and the generation of digital assets.
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