Insider Sale: CEO Frederick Thiel Sells 27,512 Shares of MARA Holdings Inc (MARA)

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On September 20, 2024, Frederick Thiel, Chief Executive Officer of MARA Holdings Inc (MARA, Financial), executed a sale of 27,512 shares of the company. The transaction was filed on the same day with the SEC. Following this transaction, the insider now owns 4,278,309 shares of MARA Holdings Inc.

MARA Holdings Inc operates in the technology sector, focusing on digital asset technologies. The company is known for its advanced blockchain and cryptocurrency-related services.

Over the past year, Frederick Thiel has sold a total of 27,512 shares and has not made any purchases of the company's stock. This recent sale is part of a broader trend observed within MARA Holdings Inc, where there have been five insider sells and no insider buys over the last year.

On the date of the sale, shares of MARA Holdings Inc were priced at $15.7. This valuation brings the market cap of the company to approximately $4.58 billion. The price-earnings ratio of MARA Holdings Inc stands at 8.93, which is lower than the industry median of 18.23 and also below the company's historical median.

According to the GF Value, the intrinsic value of MARA Holdings Inc is estimated at $21.91 per share, making the stock modestly undervalued with a price-to-GF-Value ratio of 0.72. The GF Value is calculated based on historical trading multiples, an adjustment factor from GuruFocus, and future business performance estimates provided by Morningstar analysts.

This insider sale might interest investors as they evaluate the current valuation and future prospects of MARA Holdings Inc in the context of its recent stock performance and insider trading trends.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.