TeraWulf (NASDAQ:WULF) Director Buys $19,949.58 in Stock

Key Points

• Director purchase: TeraWulf Director Michael Bucella bought 1,338 shares on March 11 at an average price of $14.91 for a total of $19,949.58, bringing his direct stake to 273,552 shares (a 0.49% increase) valued at about $4.08 million.
• Stock snapshot: WULF was trading around $14.67 with a market cap of $6.22 billion, a 1‑year range of $2.06–$18.51, a negative P/E (‑9.0) and a high beta of 3.67, indicating elevated volatility.
• Analyst and institutional view: The consensus rating is a "Moderate Buy" (12 Buys, 1 Hold, 1 Sell) with a $20.62 average target while institutions own about 62.5% of the stock; recent notes include raised targets from Cantor Fitzgerald and Morgan Stanley but a "sell (D‑)" from Weiss Ratings.

TeraWulf Inc. (NASDAQ:WULF - Get Free Report) Director Michael Bucella purchased 1,338 shares of the business's stock in a transaction on Wednesday, March 11th. The shares were bought at an average cost of $14.91 per share, with a total value of $19,949.58. Following the acquisition, the director directly owned 273,552 shares of the company's stock, valued at $4,078,660.32. This trade represents a 0.49% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

TeraWulf Stock Performance

Shares of NASDAQ WULF remained flat at $14.67 during trading on Friday. The stock had a trading volume of 27,461,977 shares, compared to its average volume of 28,767,292. The company has a 50 day simple moving average of $14.72 and a 200 day simple moving average of $13.29. 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 1 year low of $2.06 and a 1 year high of $18.51. The company has a market capitalization of $6.22 billion, a price-to-earnings ratio of -9.00 and a beta of 3.67.

Institutional Investors Weigh In On TeraWulf

A number of institutional investors have recently added to or reduced their stakes in the stock. Advisory Services Network LLC purchased a new position in shares of TeraWulf in the third quarter worth $29,000. Vermillion Wealth Management Inc. grew its stake 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 in the last quarter. Solstein Capital LLC bought a new stake in TeraWulf in the 4th quarter valued at $34,000. GPS Wealth Strategies Group LLC increased its holdings in TeraWulf by 366.2% in the 3rd 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. Finally, Activest Wealth Management purchased a new stake in TeraWulf in the 4th quarter worth $46,000. 62.49% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the stock. Cantor Fitzgerald raised their target price 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. Morgan Stanley started coverage on shares of TeraWulf in a research report on Monday, February 9th. They issued an "overweight" rating and a $37.00 price target for the company. Weiss Ratings reissued a "sell (d-)" rating on shares of TeraWulf in a research note on Monday, December 29th. Keefe, Bruyette & Woods decreased their price objective on shares of TeraWulf from $24.00 to $23.00 and set an "outperform" rating on the stock in a research report on Wednesday. Finally, Rosenblatt Securities upped their target price on shares of TeraWulf from $20.00 to $23.00 and gave the stock a "buy" rating in a report on Friday, February 27th. Twelve analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $20.62.

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.

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.