Marathon Patent Group, Inc. (MARA): The Impact of Institutional Investors

Marathon Patent Group, Inc. (NASDAQ:MARA) produced a 20.31% rally since recording the worst price of $0.33. Thanks to the latest -3.93% decrease, it now trades at $0.4. Throughout the trading on 02/06/2019, the share price floated between $0.38 and $0.4246. This company shares are 900% off its target price of $4 and the current market capitalization stands at $10.64M. The recent change has given its price a -11.43% deficit over SMA 50 and -86.8% deficit over its 52-week high. The stock witnessed -5.26% declines, -40.09% declines and -60.4% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found MARA’s volatility during a week at 16.55% and during a month it has been found around 10.31%.

Marathon Patent Group, Inc. 13F Filings

At the end of September reporting period, 8 institutional holders increased their position in Marathon Patent Group, Inc. (NASDAQ:MARA) by some 90,501 shares, 9 decreased positions by 342,053 and 13 held positions by 158,429. That puts total institutional holdings at 590,983 shares, according to SEC filings. The stock grabbed 4 new institutional investments totaling 41,796 shares while 4 institutional investors sold out their entire positions totaling 31,363 shares.

Marathon Patent Group, Inc. (NASDAQ:MARA) Insider Trades

Multiple company employees have indulged in significant insider trading. Marathon Patent Group, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that 10% Owner Feinberg Jeff has sold 419,482 shares of Marathon Patent Group, Inc. (MARA) in trading session dated May. 22, 2017. These shares are worth $155,208 and were traded at $0.37 each. The SEC filing shows that Stetson John performed a sale of 8,000 shares. The FORMER VP, SECRETARY, DIRECTOR disposed these shares by way of transaction on Apr. 06, 2015. The company’s shares were given away at $5.2 per share worth to an income of some $41,600 on account of Stetson John.

10% Owner, Spangenberg Erich, purchased 96,154 common shares of Marathon Patent Group, Inc. (MARA) in the open market. In a transaction dated May. 31, 2013, the shares were bought at an average price of $2.6, giving away a sum of $250,000. After this purchase, 1,326,922 common shares of MARA are directly owned by the insider, with total stake valued at $530,769.

In the transaction dated Mar. 25, 2013, the great number of shares acquired came courtesy the CFO and Secretary; Stetson John added a total of 11,538 shares at an average price of $0.65, amounting to approximately $7,500. The insider now directly owns 207,803 shares worth $83,121.