On October 16, 2024, Frederick Thiel, Chief Executive Officer of MARA Holdings Inc (MARA, Financial), executed a sale of 27,505 shares of the company. According to the SEC Filing, the transaction occurred at an average price of $17.5 per share, totaling approximately $481,337.5. Following this transaction, the insider now owns 4,250,804 shares of MARA Holdings Inc.
MARA Holdings Inc operates in the technology sector, focusing on digital asset technologies that support the blockchain ecosystem. The company is known for its advanced datacenter operations designed to support cryptocurrency mining.
Over the past year, Frederick Thiel has sold a total of 55,017 shares and has not made any purchases of the company's stock. The insider transaction history for MARA Holdings Inc shows a trend of more sales than purchases among insiders, with 8 insider sales and 0 insider buys over the last year.
Shares of MARA Holdings Inc were trading at $17.5 on the day of the transaction, giving the company a market cap of approximately $5.56 billion. The price-earnings ratio of the stock stands at 10.85, which is lower than the industry median of 19.43.
The current stock price compared to the GF Value of $22.37 suggests that MARA Holdings Inc is modestly undervalued. The price-to-GF-Value ratio is 0.78, indicating a potential undervaluation of the stock.
The GF Value is calculated considering historical trading multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from analysts.
This recent insider sale could be of interest to current and potential investors, as insider transactions can provide insights into how the company's top executives view the stock's current valuation and future prospects.
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.
