Marathon Patent Group, Inc. (NASDAQ:MARA) is on recovery track with 9.83% gain from a 1-year low price of $0.36. The company lost -2.99% to attain the price of $0.39 on 01/11/2019. Throughout the recent session, the prices were hovering between $0.382 and $0.42. These shares are 925.64% off its target price of $4 and the current market capitalization stands at $10.3M. The recent change has given its price a -29.09% deficit over SMA 50 and -92.29% deficit over its 52-week high. The stock witnessed -21.21% declines, -38.1% declines and -53.64% 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 11.56% and during a month it has been found around 12.6%.Marathon Patent Group, Inc. 13F Filings
At the end of September reporting period, 6 institutional holders increased their position in Marathon Patent Group, Inc. (NASDAQ:MARA) by some 127,101 shares, 8 decreased positions by 287,269 and 15 held positions by 221,107. That puts total institutional holdings at 635,477 shares, according to SEC filings. The stock grabbed 2 new institutional investments totaling 29,296 shares while 3 institutional investors sold out their entire positions totaling 30,668 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 $517,500.
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 $81,043.