GoalVest Advisory LLC purchased a new position in shares of TeraWulf Inc. (NASDAQ:WULF - Free Report) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 115,000 shares of the company's stock, valued at approximately $651,000.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. FMR LLC raised its position in shares of TeraWulf by 22.0% during the third quarter. FMR LLC now owns 7,803 shares of the company's stock worth $37,000 after acquiring an additional 1,408 shares during the last quarter. Chesapeake Capital Corp IL raised its holdings in TeraWulf by 6.6% during the 3rd quarter. Chesapeake Capital Corp IL now owns 27,500 shares of the company's stock worth $136,000 after purchasing an additional 1,700 shares during the last quarter. ARS Investment Partners LLC lifted its position in TeraWulf by 20.0% during the 4th quarter. ARS Investment Partners LLC now owns 12,000 shares of the company's stock valued at $68,000 after purchasing an additional 2,000 shares during the period. Amalgamated Bank lifted its position in TeraWulf by 57.7% during the 2nd quarter. Amalgamated Bank now owns 7,963 shares of the company's stock valued at $35,000 after purchasing an additional 2,912 shares during the period. Finally, Victory Capital Management Inc. boosted its stake in shares of TeraWulf by 13.3% in the 3rd quarter. Victory Capital Management Inc. now owns 34,866 shares of the company's stock valued at $163,000 after purchasing an additional 4,093 shares during the last quarter. Institutional investors and hedge funds own 62.49% of the company's stock.
Analyst Upgrades and Downgrades
Several equities analysts recently weighed in on the stock. Northland Securities restated an "outperform" rating and issued a $10.00 price objective on shares of TeraWulf in a report on Tuesday, December 24th. Cantor Fitzgerald reissued an "overweight" rating and issued a $11.00 price target on shares of TeraWulf in a research note on Monday, January 6th. B. Riley lifted their price objective on TeraWulf from $8.00 to $10.00 and gave the stock a "buy" rating in a research note on Thursday, December 19th. Atb Cap Markets raised TeraWulf to a "strong-buy" rating in a research note on Sunday, January 5th. Finally, Rosenblatt Securities reaffirmed a "buy" rating and issued a $10.00 price target on shares of TeraWulf in a research note on Monday, January 13th. One investment analyst has rated the stock with a hold rating, seven have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Buy" and a consensus price target of $8.64.
View Our Latest Research Report on WULF
TeraWulf Trading Down 0.8 %
Shares of NASDAQ:WULF traded down $0.05 during midday trading on Thursday, reaching $6.18. 41,931,361 shares of the company were exchanged, compared to its average volume of 37,860,520. TeraWulf Inc. has a fifty-two week low of $1.43 and a fifty-two week high of $9.30. The stock has a fifty day simple moving average of $6.64 and a two-hundred day simple moving average of $5.55.
TeraWulf Profile
(
Free Report)
TeraWulf Inc, together with its subsidiaries, operates as a digital asset technology company in the United States. The company develops, owns, and operates bitcoin mining facilities in New York and Pennsylvania. It is also involved in the provision of miner hosting services to third-party entities. The company was founded in 2021 and is headquartered in Easton, Maryland.
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