Key Points
- Director Michael Bucella bought 1,581 shares at an average of $15.79 for $24,963.99 on March 18, bringing his direct stake to 276,717 shares (a 0.57% ownership increase).
- TeraWulf announced long‑term lease agreements for 522 MW of capacity and cited roughly $12.8B in contracted revenue tied to its AI/HPC pivot, and engaged Fluor for preconstruction on a planned ~$3B Kentucky data center—signaling a major growth push.
- Despite mostly positive analyst coverage (average target ~$20.62), the stock traded down 2.7% to $15.32, and the CFO’s recent large insider sales (proceeds > $9.6M) may raise governance or liquidity concerns for some investors.
TeraWulf Inc. (NASDAQ:WULF - Get Free Report) Director Michael Bucella bought 1,581 shares of the business's stock in a transaction dated Wednesday, March 18th. The shares were bought at an average cost of $15.79 per share, for a total transaction of $24,963.99. Following the completion of the transaction, the director directly owned 276,717 shares of the company's stock, valued at $4,369,361.43. This trade represents a 0.57% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.
TeraWulf Trading Down 2.7%
Shares of NASDAQ:WULF traded down $0.42 during midday trading on Friday, reaching $15.32. The company had a trading volume of 2,148,653 shares, compared to its average volume of 30,693,717. The company has a fifty day simple moving average of $14.95 and a two-hundred day simple moving average of $13.47. The firm has a market cap of $6.50 billion, a price-to-earnings ratio of -9.63 and a beta of 3.67. TeraWulf Inc. has a 1-year low of $2.06 and a 1-year high of $18.51. The company has a debt-to-equity ratio of 33.00, a quick ratio of 2.00 and a current ratio of 2.00.
Trending Headlines about TeraWulf
Here are the key news stories impacting TeraWulf this week:
- Positive Sentiment: Rosenblatt reaffirmed a "buy" rating and set a $23 price target, implying substantial upside vs. the current market level — supports investor confidence and likely buying interest. Rosenblatt Buy Rating
- Positive Sentiment: TeraWulf reported long‑term lease agreements for 522 MW of critical IT capacity and cited roughly $12.8B in contracted revenue tied to its AI/HPC pivot — evidence of durable, revenue‑backed demand for its facilities. Lease Agreements / Contracted Revenue
- Positive Sentiment: TeraWulf engaged Fluor for preconstruction services on a planned ~$3B Kentucky data center — a large infrastructure commitment that advances scale‑up of its AI/HPC hosting business. This is a concrete development that supports future revenue and capacity growth. Fluor Preconstruction Award
- Positive Sentiment: Director Michael C. Bucella made small open‑market purchases (1,584; 1,581; 1,670 shares across March 17–19) — insider accumulation at current levels can be read as a vote of confidence from management. Director Form 4 Purchases
- Neutral Sentiment: Several outlets note analysts have an overall "moderate buy" consensus — supportive but not unanimously aggressive; signals steady institutional interest. Analyst Consensus
- Neutral Sentiment: A Seeking Alpha piece frames the AI pivot as promising but warns risks may be underestimated — useful for investors to balance upside against execution and market risks. Seeking Alpha Analysis
- Negative Sentiment: CFO Patrick Fleury sold large blocks of stock on March 17 (totaling ~599, (26,414 + 573,586) shares disclosed across filings) for proceeds exceeding $9.6M — a material reduction (~15%) in his holding that may raise governance or liquidity concerns for some investors. CFO Form 4 Sales
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently issued reports on the stock. Morgan Stanley began coverage on shares of TeraWulf in a report on Monday, February 9th. They set an "overweight" rating and a $37.00 price target on the stock. Cantor Fitzgerald increased their target price on TeraWulf from $18.00 to $24.00 and gave the company an "overweight" rating in a report on Friday, February 27th. Needham & Company LLC reiterated a "buy" rating and set a $21.00 price target on shares of TeraWulf in a report on Tuesday, February 3rd. Rosenblatt Securities restated a "buy" rating and set a $23.00 price objective on shares of TeraWulf in a research report on Thursday. Finally, Keefe, Bruyette & Woods dropped their target price on TeraWulf from $24.00 to $23.00 and set an "outperform" rating on the stock in a report on Wednesday, March 11th. Twelve research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $20.62.
View Our Latest Research Report on WULF
Institutional Investors Weigh In On TeraWulf
Several institutional investors have recently made changes to their positions in the company. Steward Partners Investment Advisory LLC increased its holdings in TeraWulf by 265.3% in the second quarter. Steward Partners Investment Advisory LLC now owns 6,609 shares of the company's stock worth $29,000 after buying an additional 4,800 shares during the last quarter. Advisory Services Network LLC bought a new position in TeraWulf during the third quarter valued at approximately $29,000. Advisors Asset Management Inc. lifted its stake 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 acquiring an additional 2,748 shares during the last quarter. Vermillion Wealth Management Inc. lifted its stake in TeraWulf by 1,191.0% in 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. Finally, Solstein Capital LLC bought a new stake in TeraWulf in the fourth quarter worth approximately $34,000. 62.49% of the stock is currently owned by institutional investors and hedge funds.
TeraWulf Company Profile
(
Get Free Report)
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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