TeraWulf (NASDAQ:WULF) Director Michael Bucella Acquires 752 Shares

Key Points

• Director Michael Bucella purchased 752 shares of TeraWulf on March 9 at an average price of $13.31 for ~$10,009, bringing his stake to 272,214 shares (a 0.28% increase) as disclosed in an SEC filing.
• TeraWulf shares recently traded around $13.85 with a market cap of about $5.87 billion, a 52‑week range of $2.06–$18.51, and a negative P/E, reflecting volatile but sizable market interest.
• Institutional investors own roughly 62.49% of the stock and analysts are generally bullish—several firms raised targets (e.g., Cantor Fitzgerald to $24) and the consensus MarketBeat target is $20.69 (“Moderate Buy”).

TeraWulf Inc. (NASDAQ:WULF - Get Free Report) Director Michael Bucella acquired 752 shares of the stock in a transaction on Monday, March 9th. The stock was bought at an average price of $13.31 per share, for a total transaction of $10,009.12. Following the transaction, the director owned 272,214 shares in the company, valued at approximately $3,623,168.34. This represents a 0.28% increase in their position. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink.

TeraWulf Stock Performance

Shares of NASDAQ:WULF traded up $0.10 during trading on Monday, hitting $13.85. 27,890,177 shares of the stock traded hands, compared to its average volume of 31,671,986. The company has a quick ratio of 2.00, a current ratio of 2.00 and a debt-to-equity ratio of 33.00. The company has a fifty day moving average price of $14.43 and a two-hundred day moving average price of $13.16. TeraWulf Inc. has a 52-week low of $2.06 and a 52-week high of $18.51. The company has a market cap of $5.87 billion, a price-to-earnings ratio of -8.50 and a beta of 3.66.

Institutional Investors Weigh In On TeraWulf

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Steward Partners Investment Advisory LLC lifted its holdings in shares of TeraWulf by 265.3% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 6,609 shares of the company's stock worth $29,000 after acquiring an additional 4,800 shares during the last quarter. Advisory Services Network LLC acquired a new position in TeraWulf during the 3rd quarter worth approximately $29,000. Advisors Asset Management Inc. increased its holdings in TeraWulf by 68.4% in the second quarter. Advisors Asset Management Inc. now owns 6,767 shares of the company's stock valued at $30,000 after buying an additional 2,748 shares during the last quarter. Vermillion Wealth Management Inc. raised its position in shares of TeraWulf by 1,191.0% during the 4th quarter. Vermillion Wealth Management Inc. now owns 2,595 shares of the company's stock worth $30,000 after acquiring an additional 2,394 shares in the last quarter. Finally, Solstein Capital LLC purchased a new stake in shares of TeraWulf during the 4th quarter worth approximately $34,000. Institutional investors and hedge funds own 62.49% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the company. Cantor Fitzgerald raised their target price on TeraWulf from $18.00 to $24.00 and gave the company an "overweight" rating in a research report on Friday, February 27th. Rosenblatt Securities boosted their price objective on TeraWulf from $20.00 to $23.00 and gave the company a "buy" rating in a research report on Friday, February 27th. Weiss Ratings reissued a "sell (d-)" rating on shares of TeraWulf in a research note on Monday, December 29th. B. Riley Financial upped their price objective on shares of TeraWulf from $22.00 to $23.00 and gave the stock a "buy" rating in a research report on Wednesday, November 12th. Finally, Citigroup reissued a "market outperform" rating on shares of TeraWulf in a research note on Tuesday, November 11th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given 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.com, the company currently has an average rating of "Moderate Buy" and an average 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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