Director Douglas Mellinger of MARA Holdings Inc (MARA, Financial) sold 1,000 shares of the company on October 14, 2024, according to a recent SEC Filing. Following this transaction, the insider now owns 140,756 shares of the company.
MARA Holdings Inc operates in the technology sector, focusing on blockchain and cryptocurrency-related services. The company's activities include the operation of blockchain technology infrastructure and related services.
Over the past year, Douglas Mellinger has sold a total of 3,000 shares of MARA Holdings Inc and has not made any purchases of the stock. This recent transaction is part of a broader trend observed over the past year, where there have been six insider sells and no insider buys.
Shares of MARA Holdings Inc were trading at $16.77 on the day of the transaction. The company has a market cap of approximately $5.324 billion. The price-earnings ratio of the company stands at 10.39, which is lower than the industry median of 19.29.
The stock is currently considered Modestly Undervalued with a price-to-GF Value ratio of 0.76, based on a GF Value of $22.18. The GF Value is calculated considering historical trading multiples, an adjustment factor based on past returns and growth, and future business performance estimates.
This insider sale might interest investors tracking insider behaviors as an indicator of potential stock performance, considering the broader market and company-specific valuation metrics.
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.
