Prescott Group Capital Management L.L.C. Purchases Shares of 368,498 Wolfspeed, Inc. $WOLF

Posted by Brian Himes on May 21st, 2026

Prescott Group Capital Management L.L.C. purchased a new stake in Wolfspeed, Inc. (NYSE:WOLF – Free Report) in the fourth quarter, Holdings Channel reports. The institutional investor purchased 368,498 shares of the company’s stock, valued at approximately $6,416,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Andar Capital Management HK Ltd acquired a new stake in Wolfspeed in the 3rd quarter valued at about $48,000. Capital Investment Advisory Services LLC raised its holdings in Wolfspeed by 13.3% during the 4th quarter. Capital Investment Advisory Services LLC now owns 15,174 shares of the company’s stock worth $264,000 after buying an additional 1,783 shares during the period. Eastern Bank acquired a new stake in Wolfspeed during the 4th quarter worth about $46,000. Polymer Capital Management HK LTD acquired a new stake in Wolfspeed during the 3rd quarter worth about $582,000. Finally, Mariner Investment Group LLC acquired a new stake in Wolfspeed during the 3rd quarter worth about $715,000.

Analyst Upgrades and Downgrades

WOLF has been the topic of several recent analyst reports. Piper Sandler restated an “overweight” rating and set a $20.00 price objective (up from $6.00) on shares of Wolfspeed in a report on Thursday, February 5th. Wall Street Zen upgraded Wolfspeed from a “strong sell” rating to a “sell” rating in a report on Saturday, May 9th. Zacks Research upgraded Wolfspeed to a “hold” rating in a report on Monday, February 9th. Weiss Ratings restated a “sell (d-)” rating on shares of Wolfspeed in a report on Friday, March 27th. Finally, Susquehanna cut their price objective on Wolfspeed from $30.00 to $20.00 and set a “neutral” rating on the stock in a report on Thursday, January 22nd. One equities research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $20.00.

Check Out Our Latest Analysis on WOLF

Wolfspeed Price Performance

Shares of WOLF opened at $58.53 on Thursday. The company has a market capitalization of $2.83 billion and a price-to-earnings ratio of -5.54. Wolfspeed, Inc. has a fifty-two week low of $8.05 and a fifty-two week high of $73.74. The business’s 50-day moving average is $28.91 and its 200-day moving average is $22.43.

Wolfspeed (NYSE:WOLF – Get Free Report) last issued its earnings results on Tuesday, May 5th. The company reported ($3.26) earnings per share for the quarter, beating analysts’ consensus estimates of ($3.78) by $0.52. The business had revenue of $150.20 million during the quarter, compared to analyst estimates of $150.00 million. Wolfspeed’s revenue for the quarter was down 19.0% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.72) EPS.

Wolfspeed Profile

(Free Report)

Wolfspeed, Inc (NYSE: WOLF) is a leading developer and manufacturer of silicon carbide (SiC) and gallium nitride (GaN) semiconductor materials and devices. The company’s product portfolio addresses high-growth markets such as electric vehicles, renewable energy, fast-charging infrastructure, aerospace and defense, and telecommunications. By leveraging proprietary materials and device designs, Wolfspeed delivers solutions that offer improved energy efficiency, higher power density and greater thermal performance compared to conventional silicon-based semiconductors.

Founded as part of Cree, Inc and spun off to form an independent public company in October 2021, Wolfspeed traces its roots to the mid-1980s when it pioneered the commercial use of wide-bandgap semiconductor technology.