Mara Holdings CFO Salman Khan sells $126,080 in shares
MARA Holdings CFO Salman Khan divested $126,080 worth of shares from the company on October 19, 2026. The transactions were carried out under a pre-established Rule 10b5-1 trading plan, which Mr. Khan initiated on September 11, 2025. Each of the 16,000 shares sold was priced at $7.88. The recent drop in MARA's stock price, which now trades around $7.79, represents a 61% decline over the past year.
Analysts have noted that MARA appears undervalued, with a Fair Value of $9.68. Following the sale, Mr. Khan still owns 1,354,224 shares directly and indirectly holds 535,681 shares via the S & N Khan Family Trust, with his immediate family members as the sole beneficiaries. Analysts have differing opinions on the company's prospects.
While Clear Street maintains a Hold rating with a $10 target price, emphasizing MARA’s current and potential power capacity, Jones Trading has a Buy rating with $22 target price due to complexities in the company's compute infrastructure contracts. JPMorgan, however, downgraded MARA to Underweight, lowering the price target to $11 due to concerns about the company’s data center strategy.
These concerns stem from MARA's capital-light approach, which contrasts with competitors investing more heavily in data centers. The market has been volatile, with Bitcoin experiencing notable price changes, adding to the overall market dynamics surrounding MARA Holdings. This information was compiled with AI assistance and reviewed by an editor.
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