MARA Holdings Inc (MARA, Financial), a company engaged in the business of digital asset technologies, witnessed a significant insider transaction recently. Salman Khan, the Chief Financial Officer of the company, sold 16,700 shares on October 16, 2024. The transaction was filed with the SEC and can be viewed in detail here.
Following this sale, the insider now owns 2,077,232 shares of MARA Holdings Inc. The shares were sold at a price of $17.5 each, placing the total value of the transaction at approximately $292,250. This sale forms part of a broader pattern where the insider has sold a total of 33,400 shares over the past year, without any recorded purchases.
The company's market cap stands at approximately $5.56 billion, with the stock trading at a price-earnings ratio of 10.85. This ratio is lower than the industry median of 19.43, suggesting a potentially undervalued position relative to its peers.
Additionally, MARA Holdings Inc's GF Value is estimated at $22.37, indicating that the stock is modestly undervalued with a price-to-GF-Value ratio of 0.78. The GF Value is calculated considering historical trading multiples, an adjustment factor based on past returns and growth, and future business performance estimates.
Over the past year, there have been no insider buys and eight insider sells at MARA Holdings Inc, reflecting a possible trend among insiders that could be of interest to current and potential investors.
For more detailed information on insider transactions and stock performance, investors and stakeholders are encouraged to review the filings and updates provided by the company and regulatory bodies.
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.
