Universal Beteiligungs und Servicegesellschaft mbH Reduces Position in TeraWulf Inc. $WULF

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH cut its stake in TeraWulf by 35.5% in Q4, selling 361,346 shares and retaining 657,953 shares valued at about $7.41 million (≈0.16% of the company).
• Wall Street consensus is a Moderate Buy, with 12 Buys, 1 Hold and 1 Sell and an average price target of $25.31.
• Notable insider activity: CFO Patrick Fleury sold 26,414 shares at roughly $16.14 while director Michael C. Bucella bought 1,665 shares; over the past 90 days insiders sold 737,500 shares versus buying 13,094, and insiders own 19.90% while institutional investors own 62.49%.

Universal Beteiligungs und Servicegesellschaft mbH cut its holdings in shares of TeraWulf Inc. (NASDAQ:WULF - Free Report) by 35.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 657,953 shares of the company's stock after selling 361,346 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.16% of TeraWulf worth $7,408,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Kraematon Investment Advisors Inc. lifted its position in TeraWulf by 2.3% during the fourth quarter. Kraematon Investment Advisors Inc. now owns 42,452 shares of the company's stock valued at $488,000 after purchasing an additional 952 shares during the period. Perigon Wealth Management LLC lifted its position in TeraWulf by 12.4% during the third quarter. Perigon Wealth Management LLC now owns 11,308 shares of the company's stock valued at $129,000 after purchasing an additional 1,250 shares during the period. Rafferty Asset Management LLC lifted its position in TeraWulf by 10.7% during the third quarter. Rafferty Asset Management LLC now owns 13,325 shares of the company's stock valued at $152,000 after purchasing an additional 1,293 shares during the period. Xponance Inc. lifted its position in TeraWulf by 7.3% during the third quarter. Xponance Inc. now owns 22,215 shares of the company's stock valued at $254,000 after purchasing an additional 1,503 shares during the period. Finally, Sei Investments Co. lifted its position in TeraWulf by 5.2% during the second quarter. Sei Investments Co. now owns 37,529 shares of the company's stock valued at $164,000 after purchasing an additional 1,869 shares during the period. 62.49% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

WULF has been the subject of a number of research reports. Roth Mkm restated a "buy" rating and set a $32.00 target price on shares of TeraWulf in a research report on Friday, April 17th. Oppenheimer upped their price objective on shares of TeraWulf from $20.00 to $25.00 and gave the stock an "outperform" rating in a research report on Monday, April 20th. Needham & Company LLC reiterated a "buy" rating and issued a $21.00 price objective on shares of TeraWulf in a research report on Wednesday, April 15th. Weiss Ratings reiterated a "sell (d-)" rating on shares of TeraWulf in a research report on Friday, March 27th. Finally, Keefe, Bruyette & Woods decreased their price objective on shares of TeraWulf from $24.00 to $23.00 and set an "outperform" rating for the company in a research report on Wednesday, March 11th. Twelve analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, TeraWulf has an average rating of "Moderate Buy" and a consensus price target of $25.31.

Insider Transactions at TeraWulf

In other news, CFO Patrick Fleury sold 26,414 shares of the business's stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $16.14, for a total transaction of $426,321.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Michael C. Bucella bought 1,665 shares of the business's stock in a transaction dated Friday, March 20th. The shares were bought at an average cost of $15.04 per share, with a total value of $25,041.60. Following the purchase, the director directly owned 280,052 shares of the company's stock, valued at approximately $4,211,982.08. This represents a 0.60% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last 90 days, insiders purchased 13,094 shares of company stock valued at $200,392 and sold 737,500 shares valued at $11,897,750. Corporate insiders own 19.90% of the company's stock.

TeraWulf Stock Up 7.1%

WULF stock opened at $21.43 on Tuesday. The stock has a market capitalization of $9.33 billion, a P/E ratio of -13.15 and a beta of 3.69. The firm has a 50-day simple moving average of $16.73 and a 200-day simple moving average of $14.80. The company has a quick ratio of 2.00, a current ratio of 2.00 and a debt-to-equity ratio of 33.00. TeraWulf Inc. has a 52 week low of $2.67 and a 52 week high of $21.60.

TeraWulf 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.

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