Marathon Patent Group, Inc. (NASDAQ:MARA) produced a 151.41% rally since recording the worst price of $1.32. Thanks to the latest 3.76% increase, it now trades at $3.31. Throughout the trading on 4/12/2019, the share price floated between $3.2 and $3.79. This company shares are 20.85% off its target price of $4 and the current market capitalization stands at $84.8M. The recent change has given its price a 38.61% lead over SMA 50 and -60.6% deficit over its 52-week high. The stock witnessed 39.1% gains, 112.18% gains and 31.35% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found MARA’s volatility during a week at 26.18% and during a month it has been found around 15.35%.

Marathon Patent Group, Inc. (MARA) Top Holders

Institutional investors currently hold around $1 million or 3.1% in MARA stock. Look at its top three institutional owners: Vanguard Group Inc owns $271 thousand in Marathon Patent Group, Inc., which represents roughly 0.32% of the company’s market cap and approximately 27.1% of the institutional ownership. Similar statistics are true for the second largest owner, Susquehanna International Group, Llp, which owns 34,245 shares of the stock are valued at $113 thousand. The third largest holder is Citadel Advisors Llc, which currently holds $107 thousand worth of this stock and that ownership represents nearly 0.13% of its market capitalization.

Marathon Patent Group, Inc. 13F Filings

At the end of December reporting period, 9 institutional holders increased their position in Marathon Patent Group, Inc. (NASDAQ:MARA) by some 84,819 shares, 11 decreased positions by 31,187 and 10 held positions by 83,152. That puts total institutional holdings at 199,158 shares, according to SEC filings. The stock grabbed 3 new institutional investments totaling 3,188 shares while 9 institutional investors sold out their entire positions totaling 21,024 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 the 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 to the 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 $4,392,111.

In the transaction dated Mar. 25, 2013, a 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 $687,826.