Key Points
- Director purchase: TeraWulf Director Michael Bucella bought 1,665 shares on March 20 at an average price of $15.04, raising his stake to 280,052 shares (a 0.60% increase) valued at about $4.21M, as disclosed in an SEC filing.
- Strategic momentum and analyst views: The company is pursuing an AI/HPC pivot with ~522 MW of lease agreements and a planned ~$3B Kentucky data center (Fluor preconstruction), and analysts show a consensus "Moderate Buy" with an average target of roughly $20.62 amid mixed ratings.
- Mixed insider signals and stock snapshot: Insider activity is mixed—Bucella's buys contrasted with CFO Patrick Fleury's sale of ~600,000 shares for over $9M—while the stock trades with a market cap of ~$6.4B, a 52-week range of $2.06–$18.51, and a negative P/E.
TeraWulf Inc. (NASDAQ:WULF - Get Free Report) Director Michael Bucella purchased 1,665 shares of the company's stock in a transaction on Friday, March 20th. The shares were bought at an average cost of $15.04 per share, with a total value of $25,041.60. Following the transaction, the director directly owned 280,052 shares of the company's stock, valued at $4,211,982.08. This represents a 0.60% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website.
TeraWulf Stock Performance
NASDAQ WULF opened at $15.10 on Friday. 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 fifty-two week low of $2.06 and a fifty-two week high of $18.51. The business has a fifty day moving average of $14.99 and a 200-day moving average of $13.51. The stock has a market cap of $6.40 billion, a price-to-earnings ratio of -9.26 and a beta of 3.67.
TeraWulf News Roundup
Here are the key news stories impacting TeraWulf this week:
- Positive Sentiment: Rosenblatt reaffirmed a "buy" rating and $23 price target, supporting upside expectations and institutional interest. Read More.
- Positive Sentiment: Company disclosures and coverage highlight large commercial wins — long‑term lease agreements for ~522 MW of IT capacity and reported ~$12.8B in contracted revenue tied to its AI/HPC pivot — which underpin future revenue visibility. Read More.
- Positive Sentiment: TeraWulf engaged Fluor for preconstruction on a planned ~$3B Kentucky data center, a material infrastructure step that advances capacity to service AI/HPC customers. Read More.
- Positive Sentiment: Director Michael C. Bucella made repeated small open‑market purchases (mid‑March), signaling insider confidence despite recent volatility. Read More.
- Neutral Sentiment: Analyst coverage is broadly constructive (consensus "moderate buy"; average target ≈ $20.62) with several firms issuing overweight/buy ratings — supportive but not unanimous. Read More.
- Neutral Sentiment: Independent coverage frames the AI pivot as promising but cautions that execution and market risks may be underestimated — useful context for balancing enthusiasm. Read More.
- Negative Sentiment: A Seeking Alpha piece flagged that an outsized rally prompted a downgrade to Hold, which can pressure sentiment and trigger short‑term profit taking. Read More.
- Negative Sentiment: CFO Patrick Fleury sold a large block of shares (combined filings show ~600,000 shares sold mid‑March for proceeds >$9M), a material reduction in his stake that may raise governance or liquidity concerns for some investors. Read More.
Analysts Set New Price Targets
A number of research analysts have issued reports on the stock. Keefe, Bruyette & Woods reduced their target price on shares of TeraWulf from $24.00 to $23.00 and set an "outperform" rating on the stock in a report on Wednesday, March 11th. Weiss Ratings reissued a "sell (d-)" rating on shares of TeraWulf in a research report on Monday, December 29th. Cantor Fitzgerald upped their price objective on shares of TeraWulf from $18.00 to $24.00 and gave the company an "overweight" rating in a research note on Friday, February 27th. Rosenblatt Securities restated a "buy" rating and set a $23.00 target price on shares of TeraWulf in a research report on Thursday. Finally, Morgan Stanley began coverage on shares of TeraWulf in a research note on Monday, February 9th. They issued an "overweight" rating and a $37.00 target price for the company. Twelve equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, TeraWulf currently has a consensus rating of "Moderate Buy" and an average target price of $20.62.
Read Our Latest Stock Analysis on TeraWulf
Institutional Trading of TeraWulf
Several hedge funds and other institutional investors have recently added to or reduced their stakes in WULF. Kraematon Investment Advisors Inc. increased its stake in shares of TeraWulf by 2.3% during the 4th quarter. Kraematon Investment Advisors Inc. now owns 42,452 shares of the company's stock valued at $488,000 after acquiring an additional 952 shares during the last quarter. R Squared Ltd boosted its position in shares of TeraWulf by 5.0% in the fourth quarter. R Squared Ltd now owns 22,207 shares of the company's stock worth $255,000 after acquiring an additional 1,056 shares during the last quarter. Perigon Wealth Management LLC grew its holdings in TeraWulf by 12.4% in the third quarter. Perigon Wealth Management LLC now owns 11,308 shares of the company's stock valued at $129,000 after purchasing an additional 1,250 shares during the period. Franklin Resources Inc. grew its holdings in TeraWulf by 2.0% in the fourth quarter. Franklin Resources Inc. now owns 63,005 shares of the company's stock valued at $724,000 after purchasing an additional 1,259 shares during the period. Finally, Rafferty Asset Management LLC increased its position in TeraWulf by 10.7% during the third quarter. Rafferty Asset Management LLC now owns 13,325 shares of the company's stock worth $152,000 after purchasing an additional 1,293 shares during the last quarter. Hedge funds and other institutional investors own 62.49% of the company's stock.
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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