6 days Ago By ABMN Staff
Orion Portfolio Solutions LLC purchased a new position in TeraWulf Inc. ( NASDAQ:WULF – Free Report ) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 13,924 shares of the company’s stock, valued at approximately $79,000.
Several other institutional investors also recently modified their holdings of the stock. FMR LLC boosted its stake in shares of TeraWulf by 22.0% during the 3rd quarter.
FMR LLC now owns 7,803 shares of the company’s stock worth $37,000 after acquiring an additional 1,408 shares in the last quarter. ARS Investment Partners LLC boosted its position in shares of TeraWulf by 20.0% in 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. Truist Financial Corp increased its stake in TeraWulf by 5.0% in the 4th quarter.
Truist Financial Corp now owns 52,500 shares of the company’s stock worth $297,000 after purchasing an additional 2,500 shares in the last quarter. Xponance Inc. increased its stake in TeraWulf by 22.
7% in the 4th quarter. Xponance Inc. now owns 19,156 shares of the company’s stock worth $108,000 after purchasing an additional 3,545 shares in the last quarter.
Finally, KBC Group NV raised its holdings in TeraWulf by 49.3% during the 4th quarter. KBC Group NV now owns 12,349 shares of the company’s stock worth $70,000 after buying an additional 4,077 shares during the period.
Institutional investors own 62.49% of the company’s stock. Analyst Ratings Changes Several research analysts have recently weighed in on the stock.
Cantor Fitzgerald reissued an “overweight” rating and issued a $11.00 target price on shares of TeraWulf in a research report on Monday, January 6th. Needham & Company LLC restated a “buy” rating and issued a $9.
50 target price on shares of TeraWulf in a report on Monday, January 13th. Rosenblatt Securities decreased their target price on TeraWulf from $10.00 to $4.
00 and set a “buy” rating for the company in a research report on Wednesday. Jones Trading assumed coverage on TeraWulf in a research report on Monday, March 31st. They set a “buy” rating and a $4.
00 price target on the stock. Finally, Atb Cap Markets upgraded TeraWulf to a “strong-buy” rating in a research report on Sunday, January 5th. One equities research analyst has rated the stock with a hold rating, seven have given a buy rating and two have assigned a strong buy rating to the stock.
According to data from MarketBeat, TeraWulf has an average rating of “Buy” and an average price target of $7.86. TeraWulf Price Performance WULF opened at $2.
38 on Friday. The company has a market capitalization of $911.59 million, a PE ratio of -11.
90 and a beta of 2.76. TeraWulf Inc.
has a fifty-two week low of $1.82 and a fifty-two week high of $9.30.
The business has a 50-day moving average of $3.55 and a 200-day moving average of $5.27.
TeraWulf ( NASDAQ:WULF – Get Free Report ) last issued its quarterly earnings data on Friday, February 28th. The company reported ($0.08) earnings per share for the quarter, missing the consensus estimate of ($0.
04) by ($0.04). TeraWulf had a negative net margin of 41.
88% and a negative return on equity of 15.91%. The business had revenue of $35.
00 million for the quarter, compared to the consensus estimate of $37.43 million. The firm’s revenue was up 50.
2% compared to the same quarter last year. On average, equities research analysts expect that TeraWulf Inc. will post -0.
17 earnings per share for the current fiscal year. TeraWulf Company 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. See Also Receive News & Ratings for TeraWulf Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TeraWulf and related companies with MarketBeat.
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