TeraWulf (NASDAQ:WULF) CEO Paul Prager Sells 166,650 Shares of Stock

TeraWulf Inc. (NASDAQ:WULF) CEO Paul Prager sold 166,650 shares of the firm’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $24.43, for a total value of $4,071,259.50. Following the sale, the chief executive officer directly owned 4,249,202 shares of the company’s stock, valued at approximately $103,808,004.86. This trade represents a 3.77% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

TeraWulf Price Performance

WULF stock opened at $26.40 on Friday. The stock has a market cap of $13.08 billion, a price-to-earnings ratio of -10.65 and a beta of 3.84. 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 business has a fifty day moving average of $19.89 and a two-hundred day moving average of $16.10.

TeraWulf (NASDAQ:WULF) last released its quarterly earnings results on Friday, May 8th. The company reported ($1.01) earnings per share for the quarter, missing analysts’ consensus estimates 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 return on equity of 305.07% and a negative net margin of 611.46%.The business’s revenue for the quarter was down 1.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.16) earnings per share. As a group, research analysts anticipate that TeraWulf Inc. will post -0.64 earnings per share for the current year.

Key Headlines Impacting TeraWulf

Here are the key news stories impacting TeraWulf this week:

• Positive Sentiment: TeraWulf acquired a 1 GW data center campus site in Boyd County, Kentucky, expanding its AI infrastructure pipeline and strengthening its long-term growth narrative. TeraWulf Rallies After Acquiring 1 GW Muskie AI Data Campus In Kentucky — Its Second In The State
• Positive Sentiment: Morgan Stanley reportedly raised its price target on TeraWulf after the company’s Q1 results, suggesting improved analyst confidence following recent execution and expansion updates. Morgan Stanley Lifts PT on TeraWulf Inc. (WULF) Following Q1 Results
• Positive Sentiment: Coverage highlighting TeraWulf’s power infrastructure advantages and AI build-out strategy may be supporting investor optimism around its ability to secure energy capacity for new projects. TeraWulf Bets on Power Infrastructure to Lead AI Build-Out
• Positive Sentiment: Analyst commentary pointed to significant upside potential in the stock, adding to the bullish tone around TeraWulf’s AI/data-center transition. TeraWulf has an upside of 72%, this analyst says
• Neutral Sentiment: The CEO discussed demand for AI infrastructure and data-center electricity on CNBC, keeping attention on the company’s growth story but without a direct new financial update. Terawulf CEO on demand in AI infrastructure
• Neutral Sentiment: A pre-arranged stock sale by CEO Paul B. Prager was disclosed, but it was executed under a Rule 10b5-1 plan, which often limits how negatively investors interpret insider selling. SEC filing
• Negative Sentiment: The CEO sold 166,650 shares for about $4.1 million, which can still weigh on sentiment even though it was part of a planned trading program. SEC filing

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on WULF shares. Northland Securities set a $30.00 price target on TeraWulf in a report on Monday, May 4th. Keefe, Bruyette & Woods lifted their price objective on TeraWulf from $25.00 to $33.00 and gave the company an “outperform” rating in a research note on Tuesday, May 12th. Citigroup reaffirmed an “outperform” rating on shares of TeraWulf in a research note on Thursday, May 7th. B. Riley Financial lifted their price objective on TeraWulf from $27.00 to $32.00 and gave the company a “buy” rating in a research note on Wednesday. Finally, Roth Mkm reaffirmed a “buy” rating and issued a $32.00 price objective on shares of TeraWulf in a research note on Friday, April 17th. 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’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $28.95.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. raised its position in TeraWulf by 37.4% in the 4th quarter. Vanguard Group Inc. now owns 33,643,009 shares of the company’s stock valued at $386,558,000 after purchasing an additional 9,162,958 shares in the last quarter. Oppenheimer & Co. Inc. raised its position in TeraWulf by 45.1% in the 4th quarter. Oppenheimer & Co. Inc. now owns 140,101 shares of the company’s stock valued at $1,610,000 after purchasing an additional 43,574 shares in the last quarter. Pictet Asset Management Holding SA raised its position in TeraWulf by 178.8% in the 4th quarter. Pictet Asset Management Holding SA now owns 151,005 shares of the company’s stock valued at $1,735,000 after purchasing an additional 96,843 shares in the last quarter. First Dallas Securities Inc. raised its position in TeraWulf by 99.2% in the 3rd quarter. First Dallas Securities Inc. now owns 264,000 shares of the company’s stock valued at $3,015,000 after purchasing an additional 131,500 shares in the last quarter. Finally, Quantbot Technologies LP acquired a new stake in TeraWulf in the 3rd quarter valued at about $3,350,000. 62.49% of the stock is owned by institutional investors and hedge funds.

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.