Janus Henderson Group PLC Has $2.04 Million Stock Holdings in TeraWulf Inc. $WULF

Key Points

• Janus Henderson cut its TeraWulf stake by 68.7% in the first quarter, selling 310,450 shares and retaining 141,382 shares valued at approximately $2.04 million. Institutional investors and hedge funds own 62.49% of WULF.
• Analysts remain broadly bullish: TeraWulf has a “Moderate Buy” consensus rating and an average price target of $34.74, with recent targets ranging from $36 to $72.
• AI-infrastructure expansion supports the long-term outlook, but weak quarterly results pressured the stock: TeraWulf reported a $1.94 per-share loss versus the $0.24 consensus estimate, while revenue fell 6% year over year to $44.77 million.

Janus Henderson Group PLC trimmed its stake in shares of TeraWulf Inc. (NASDAQ:WULF - Free Report) by 68.7% in the first quarter, according to the company in its most recent filing with the SEC. The firm owned 141,382 shares of the company's stock after selling 310,450 shares during the quarter. Janus Henderson Group PLC's holdings in TeraWulf were worth $2,041,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Advisory Services Network LLC acquired a new position in TeraWulf in the third quarter valued at about $29,000. First United Bank & Trust acquired a new stake in TeraWulf during the first quarter worth about $37,000. Vermillion Wealth Management Inc. increased its holdings in TeraWulf by 1,191.0% in the 4th quarter. Vermillion Wealth Management Inc. now owns 2,595 shares of the company's stock valued at $30,000 after buying an additional 2,394 shares during the period. Solstein Capital LLC bought a new position in TeraWulf in the 4th quarter valued at about $34,000. Finally, Summit Securities Group LLC acquired a new position in shares of TeraWulf in the 1st quarter valued at approximately $48,000. 62.49% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts recently issued reports on WULF shares. B. Riley Financial increased their price target on shares of TeraWulf from $32.00 to $40.00 and gave the stock a "buy" rating in a research report on Monday, August 3rd. Citigroup initiated coverage on shares of TeraWulf in a research report on Monday, June 29th. They set a "buy" rating and a $36.00 price objective for the company. Sanford C. Bernstein began coverage on TeraWulf in a report on Wednesday, June 3rd. They issued an "outperform" rating and a $46.00 target price on the stock. Morgan Stanley raised their target price on TeraWulf from $66.50 to $72.00 and gave the company an "overweight" rating in a report on Wednesday, July 8th. Finally, Compass Point set a $40.00 price target on TeraWulf in a report on Monday, July 6th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $34.74.

TeraWulf News Summary

Here are the key news stories impacting TeraWulf this week:

• Positive Sentiment: AI expansion remains a key catalyst: TeraWulf reaffirmed its goal of contracting 250 to 500 megawatts annually, following a reported $19 billion Anthropic lease and the $530 million Abernathy sale. The developments support the company’s pivot from cryptocurrency mining toward AI infrastructure. TeraWulf reaffirms annual contracting target
• Positive Sentiment: Analysts remain bullish: Rosenblatt Securities reaffirmed a “Buy” rating with a $30 price target, while Chardan Capital maintained its “Buy” rating and a $32 target. Bernstein also reportedly maintained an upside view tied to TeraWulf’s AI pivot. Rosenblatt rating update Bernstein AI pivot view
• Positive Sentiment: Forecast revisions were modestly favorable: Northland Securities reduced the expected size of TeraWulf’s Q3 and Q4 2026 losses to $0.24 and $0.21 per share, respectively, from prior estimates of $0.26 and $0.23. Northland earnings estimates
• Negative Sentiment: Quarterly results overshadowed the positive catalysts: TeraWulf reported a second-quarter loss of $1.94 per share, substantially worse than the $0.24 analyst consensus, while revenue of $44.77 million fell short of the $46 million estimate and declined year over year. The disappointing results pressured the stock even as Bitcoin moved toward $65,000. TeraWulf shares fall after Q2 losses

TeraWulf Trading Down 3.0%

NASDAQ WULF opened at $17.08 on Friday. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 33.00. TeraWulf Inc. has a twelve month low of $4.67 and a twelve month high of $29.84. The company has a market cap of $8.52 billion, a price-to-earnings ratio of -3.91 and a beta of 3.76. The business's fifty day moving average is $22.55 and its 200 day moving average is $19.45.

TeraWulf (NASDAQ:WULF - Get Free Report) last issued its earnings results on Wednesday, August 5th. The company reported ($1.94) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.24) by ($1.70). TeraWulf had a negative return on equity of 512.60% and a negative net margin of 1,179.94%.The firm had revenue of $44.77 million during the quarter, compared to analyst estimates of $46.00 million. During the same period in the previous year, the company earned ($0.05) EPS. TeraWulf's revenue for the quarter was down 6.0% on a year-over-year basis. As a group, sell-side analysts expect that TeraWulf Inc. will post -1 EPS for the current fiscal year.

Insider Transactions at TeraWulf

In related news, CEO Paul B. Prager sold 166,650 shares of TeraWulf stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $24.43, for a total transaction of $4,071,259.50. Following the sale, the chief executive officer directly owned 4,249,202 shares in the company, valued at $103,808,004.86. This trade represents a 3.77% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 15.90% of the stock is currently owned by company insiders.

TeraWulf Company Profile

TeraWulf, Inc NASDAQ: WULF is a digital asset infrastructure company focused on the development and operation of zero-carbon bitcoin mining facilities. The company integrates sustainable power generation with high-density data center technologies to deliver environmentally responsible digital asset mining services. Its core business revolves around designing, building and operating large-scale mining projects powered exclusively by renewable or emissions-free energy sources.

One of TeraWulf’s flagship projects is “Project Nautilus,” located in Tompkins County, New York, which harnesses hydroelectric power sourced from the New York State Electric & Gas (NYSEG) grid.

Want to see what other hedge funds are holding WULF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for TeraWulf Inc. (NASDAQ:WULF - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source