TeraWulf Inc. (NASDAQ:WULF – Get Free Report) CEO Paul Prager sold 166,650 shares of TeraWulf stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $24.43, for a total transaction of $4,071,259.50. Following the completion of the transaction, the chief executive officer directly owned 4,249,202 shares in the company, valued at approximately $103,808,004.86. The trade was a 3.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
TeraWulf Stock Down 3.2%
Shares of NASDAQ WULF opened at $25.56 on Friday. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 33.00. TeraWulf Inc. has a 52 week low of $3.39 and a 52 week high of $27.26. The firm’s fifty day moving average is $20.10 and its 200 day moving average is $16.16. The company has a market cap of $12.67 billion, a price-to-earnings ratio of -10.31 and a beta of 3.84.
TeraWulf (NASDAQ:WULF – Get Free Report) last issued its earnings results on Friday, May 8th. The company reported ($1.01) EPS for the quarter, missing the consensus estimate of ($0.19) by ($0.82). TeraWulf had a negative return on equity of 305.07% and a negative net margin of 611.46%.The firm had revenue of $34.01 million during the quarter, compared to analysts’ expectations of $34.69 million. During the same period in the previous year, the firm earned ($0.16) earnings per share. The firm’s quarterly revenue was down 1.1% compared to the same quarter last year. On average, equities research analysts expect that TeraWulf Inc. will post -0.96 earnings per share for the current year.
Institutional Trading of TeraWulf
Analyst Upgrades and Downgrades
Several research firms recently weighed in on WULF. Cantor Fitzgerald lifted their price target on shares of TeraWulf from $30.00 to $31.00 and gave the company an “overweight” rating in a report on Monday, May 11th. Rosenblatt Securities reiterated a “buy” rating and issued a $27.00 price target on shares of TeraWulf in a report on Monday, May 11th. Citigroup reiterated an “outperform” rating on shares of TeraWulf in a report on Thursday, May 7th. Keefe, Bruyette & Woods lifted their price target on shares of TeraWulf from $25.00 to $33.00 and gave the company an “outperform” rating in a report on Tuesday, May 12th. Finally, Needham & Company LLC lifted their price target on shares of TeraWulf from $22.00 to $28.00 and gave the company a “buy” rating in a report on Monday, May 11th. Thirteen equities 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. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $28.95.
Read Our Latest Stock Analysis on WULF
Key Headlines Impacting TeraWulf
Here are the key news stories impacting TeraWulf this week:
- Positive Sentiment: TeraWulf announced it acquired a 1 GW data center campus site in Boyd County, Kentucky, expanding its AI infrastructure footprint and reinforcing the company’s long-term growth narrative. TeraWulf Rallies After Acquiring 1 GW Muskie AI Data Campus In Kentucky — Its Second In The State
- Positive Sentiment: Several analysts turned more constructive on WULF, including Morgan Stanley raising its price target after Q1 results, which supports the stock’s recent strength. Morgan Stanley Lifts PT on TeraWulf Inc. (WULF) Following Q1 Results
- Positive Sentiment: Additional commentary highlighted TeraWulf’s power-infrastructure advantage in the AI build-out, keeping attention on its ability to secure energy capacity for future projects. TeraWulf Bets on Power Infrastructure to Lead AI Build-Out
- Positive Sentiment: Analyst coverage also pointed to meaningful upside potential, adding to investor optimism around TeraWulf’s transformation into an AI infrastructure play. TeraWulf has an upside of 72%, this analyst says
- Neutral Sentiment: The CEO appeared on CNBC discussing demand for AI infrastructure and electricity, which keeps TeraWulf in the spotlight but did not include a new financial update. Terawulf CEO on demand in AI infrastructure
- Neutral Sentiment: The insider sale was executed under a pre-arranged Rule 10b5-1 plan, making it less concerning than an unexpected discretionary sale. SEC filing
- Negative Sentiment: CEO Paul Prager sold 166,650 shares for about $4.1 million, which can still weigh on sentiment despite being part of a planned trading program. SEC filing
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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