Insider Selling: TeraWulf (NASDAQ:WULF) CEO Sells 137,500 Shares of Stock

Key Points

• CEO Paul Prager sold 137,500 shares on April 27 at an average price of $20.80 for proceeds of $2.86M, cutting his stake by 12.49% to 963,520 shares (about $20.04M).
• WULF last traded at $20.80 (down $0.63) on heavy volume (~27.0M), with a 12‑month range of $2.67–$21.60, a market cap of $9.06B, negative P/E (-12.76) and a high beta (3.69), reflecting volatility.
• Analysts carry a consensus "Moderate Buy" with a $25.31 target (12 Buys, 1 Hold, 1 Sell), and TeraWulf operates zero‑carbon bitcoin mining projects including Project Nautilus powered by hydroelectric energy.

TeraWulf Inc. (NASDAQ:WULF - Get Free Report) CEO Paul Prager sold 137,500 shares of the business's stock in a transaction that occurred on Monday, April 27th. The shares were sold at an average price of $20.80, for a total value of $2,860,000.00. Following the completion of the sale, the chief executive officer owned 963,520 shares of the company's stock, valued at approximately $20,041,216. This trade represents a 12.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

TeraWulf Price Performance

WULF traded down $0.63 during trading on Tuesday, hitting $20.80. 26,977,163 shares of the stock traded hands, compared to its average volume of 32,415,940. TeraWulf Inc. has a twelve month low of $2.67 and a twelve month high of $21.60. The company has a market cap of $9.06 billion, a price-to-earnings ratio of -12.76 and a beta of 3.69. The company has a debt-to-equity ratio of 33.00, a current ratio of 2.00 and a quick ratio of 2.00. The business has a 50 day moving average price of $16.82 and a 200 day moving average price of $14.85.

Analyst Upgrades and Downgrades

WULF has been the subject of several research analyst reports. Keefe, Bruyette & Woods lowered 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. Oppenheimer upped their price target on shares of TeraWulf from $20.00 to $25.00 and gave the stock an "outperform" rating in a report on Monday, April 20th. Roth Mkm reiterated a "buy" rating and set a $32.00 price target on shares of TeraWulf in a report on Friday, April 17th. Weiss Ratings reiterated a "sell (d-)" rating on shares of TeraWulf in a report on Friday, March 27th. Finally, Morgan Stanley reiterated an "overweight" rating and set a $41.50 price target on shares of TeraWulf in a report on Monday. 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 company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $25.31.

Institutional Trading of TeraWulf

Institutional investors have recently bought and sold shares of the company. Advisory Services Network LLC bought a new stake in TeraWulf during the third quarter valued at $29,000. First United Bank & Trust bought a new stake in TeraWulf during the first quarter valued at $37,000. Vermillion Wealth Management Inc. boosted 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 valued at $30,000 after acquiring an additional 2,394 shares during the last quarter. Solstein Capital LLC bought a new stake in TeraWulf during the fourth quarter valued at $34,000. Finally, GPS Wealth Strategies Group LLC boosted its position in TeraWulf by 366.2% during the third quarter. GPS Wealth Strategies Group LLC now owns 3,590 shares of the company's stock valued at $41,000 after acquiring an additional 2,820 shares during the last quarter. Institutional investors own 62.49% of the company's stock.

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.

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