Insider Buying: TeraWulf (NASDAQ:WULF) Director Buys 679 Shares of Stock

Key Points

• Director Michael Bucella purchased 679 shares of TeraWulf on March 6 at an average price of $14.80 (total ~$10,049), bringing his direct holdings to 271,462 shares (a 0.25% increase); the trade was disclosed in an SEC filing.
• Analyst sentiment is positive with several firms raising price targets and maintaining Buy/Overweight ratings, leaving a consensus target of $20.69 and an average rating of "Moderate Buy."
• Market and ownership context: WULF recently traded at $13.85 with a market cap of $5.87 billion and a 52‑week range of $2.06–$18.51, and is 62.49% owned by hedge funds and other institutional investors.

TeraWulf Inc. (NASDAQ:WULF - Get Free Report) Director Michael Bucella acquired 679 shares of the firm's stock in a transaction dated Friday, March 6th. The stock was bought at an average price of $14.80 per share, with a total value of $10,049.20. Following the purchase, the director directly owned 271,462 shares in the company, valued at approximately $4,017,637.60. This trade represents a 0.25% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

TeraWulf Stock Up 0.7%

NASDAQ WULF traded up $0.10 on Monday, hitting $13.85. 27,890,177 shares of the stock were exchanged, compared to its average volume of 31,671,986. The company has a market cap of $5.87 billion, a PE ratio of -8.50 and a beta of 3.66. The company has a 50-day moving average price of $14.43 and a 200-day moving average price of $13.16. TeraWulf Inc. has a fifty-two week low of $2.06 and a fifty-two week high of $18.51. The company has a quick ratio of 2.00, a current ratio of 2.00 and a debt-to-equity ratio of 33.00.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Steward Partners Investment Advisory LLC boosted its stake in shares of TeraWulf by 265.3% during the second quarter. Steward Partners Investment Advisory LLC now owns 6,609 shares of the company's stock valued at $29,000 after acquiring an additional 4,800 shares during the last quarter. Advisory Services Network LLC purchased a new position in TeraWulf during the third quarter worth about $29,000. Advisors Asset Management Inc. lifted its holdings in shares of TeraWulf by 68.4% during the 2nd quarter. Advisors Asset Management Inc. now owns 6,767 shares of the company's stock worth $30,000 after acquiring an additional 2,748 shares during the period. Vermillion Wealth Management Inc. increased its position in TeraWulf by 1,191.0% during the fourth quarter. Vermillion Wealth Management Inc. now owns 2,595 shares of the company's stock worth $30,000 after purchasing an additional 2,394 shares during the last quarter. Finally, Solstein Capital LLC purchased a new stake in shares of TeraWulf during the 4th quarter valued at $34,000. 62.49% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. B. Riley Financial lifted their price target on shares of TeraWulf from $22.00 to $23.00 and gave the stock a "buy" rating in a research note on Wednesday, November 12th. Cantor Fitzgerald increased their price target on shares of TeraWulf from $18.00 to $24.00 and gave the stock an "overweight" rating in a research note on Friday, February 27th. Citigroup reissued a "market outperform" rating on shares of TeraWulf in a report on Tuesday, November 11th. Rosenblatt Securities upped their price target on TeraWulf from $20.00 to $23.00 and gave the stock a "buy" rating in a research note on Friday, February 27th. Finally, Needham & Company LLC reaffirmed a "buy" rating and issued a $21.00 target price on shares of TeraWulf in a report on Tuesday, February 3rd. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $20.69.

About TeraWulf

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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