On November 12, 2024, Director Douglas Mellinger sold 1,000 shares of MARA Holdings Inc (MARA, Financial) at a price of $24.06 per share. The transaction was documented in an SEC Filing. Following this sale, the insider now owns 139,756 shares of the company.
MARA Holdings Inc operates in the technology sector, focusing on advanced digital technologies and blockchain solutions. The company's innovative approach aims to enhance digital transactions and security across various industries.
Over the past year, Douglas Mellinger has sold a total of 4,000 shares of MARA Holdings Inc and has not made any purchases. This recent sale is part of a broader trend observed within the company, where there have been 9 insider sells and no insider buys over the past year.
The shares of MARA Holdings Inc were trading at $24.06 on the day of the sale, giving the company a market cap of approximately $6.17 billion. The price-earnings ratio of the company stands at 12.04, which is lower than the industry median of 19.03, indicating a potentially undervalued stock compared to its peers.
According to the GF Value, the intrinsic value of MARA Holdings Inc is estimated at $22.36 per share, making the stock Fairly Valued with a price-to-GF-Value ratio of 1.08. The GF Value is calculated based on historical trading multiples, an adjustment factor from GuruFocus, and future business performance estimates from analysts.
This insider sale might interest investors tracking insider behaviors as an indicator of the company's future performance and valuation adjustments. The ongoing insider selling trends and the current valuation metrics provide critical data points for evaluating MARA Holdings Inc's stock.
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.
