TeraWulf (NASDAQ:WULF) Trading Down 6.4% Following Insider Selling

Posted by Francis Steltz on Jul 3rd, 2026

TeraWulf Inc. (NASDAQ:WULF – Get Free Report)’s stock price traded down 6.4% on Wednesday following insider selling activity. The company traded as low as $23.09 and last traded at $23.1250. Approximately 4,343,002 shares changed hands during mid-day trading, a decline of 86% from the average daily volume of 30,404,049 shares. The stock had previously closed at $24.70.

Specifically, CEO Paul B. Prager sold 137,500 shares of the company’s stock in a transaction on Monday, June 29th. The shares were sold at an average price of $26.60, for a total transaction of $3,657,500.00. Following the completion of the transaction, the chief executive officer directly owned 3,945,052 shares in the company, valued at approximately $104,938,383.20. This represents a 3.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on WULF. Needham & Company LLC boosted their target price on shares of TeraWulf from $22.00 to $28.00 and gave the stock a “buy” rating in a research note on Monday, May 11th. Bank of America started coverage on shares of TeraWulf in a research note on Monday, June 15th. They issued a “buy” rating and a $34.00 price target on the stock. Roth Mkm reiterated a “buy” rating and issued a $32.00 price objective on shares of TeraWulf in a report on Friday, April 17th. Jefferies Financial Group assumed coverage on TeraWulf in a report on Thursday, May 14th. They issued a “buy” rating and a $28.00 price objective on the stock. Finally, Cantor Fitzgerald boosted their price objective on TeraWulf from $30.00 to $31.00 and gave the stock an “overweight” rating in a research note on Monday, May 11th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $32.10.

View Our Latest Stock Analysis on WULF

TeraWulf Price Performance

The stock’s 50-day moving average price is $24.42 and its 200 day moving average price is $18.29. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 33.00. The firm has a market capitalization of $10.50 billion, a price-to-earnings ratio of -8.54 and a beta of 3.73.

TeraWulf (NASDAQ:WULF – Get Free Report) last announced its quarterly earnings data on Friday, May 8th. The company reported ($1.01) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.19) by ($0.82). The business had revenue of $34.01 million for the quarter, compared to analysts’ expectations of $34.69 million. TeraWulf had a negative net margin of 611.46% and a negative return on equity of 305.07%. The firm’s revenue was down 1.1% on a year-over-year basis. During the same period in the prior year, the company posted ($0.16) EPS. Equities research analysts expect that TeraWulf Inc. will post -0.96 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Hamilton Wealth LLC increased its holdings in shares of TeraWulf by 11.4% in the first quarter. Hamilton Wealth LLC now owns 17,550 shares of the company’s stock valued at $253,000 after purchasing an additional 1,800 shares during the last quarter. Empowered Funds LLC acquired a new position in TeraWulf during the first quarter worth $179,000. NewEdge Advisors LLC boosted its stake in TeraWulf by 25.6% during the first quarter. NewEdge Advisors LLC now owns 66,460 shares of the company’s stock worth $959,000 after buying an additional 13,527 shares during the last quarter. Honeycomb Asset Management LP purchased a new stake in TeraWulf in the 1st quarter valued at $722,000. Finally, Glenmede Trust Co. NA purchased a new stake in TeraWulf in the 1st quarter valued at $315,000. 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.