27,559 Shares in TeraWulf Inc. (NASDAQ:WULF) Purchased by Gordian Capital Singapore Pte Ltd

Gordian Capital Singapore Pte Ltd acquired a new position in shares of TeraWulf Inc. (NASDAQ:WULFFree Report) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 27,559 shares of the company’s stock, valued at approximately $129,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Aspect Partners LLC acquired a new stake in TeraWulf during the third quarter worth about $26,000. Amalgamated Bank raised its stake in TeraWulf by 57.7% during the second quarter. Amalgamated Bank now owns 7,963 shares of the company’s stock worth $35,000 after acquiring an additional 2,912 shares during the period. FMR LLC raised its stake in 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 period. KBC Group NV acquired a new stake in shares of TeraWulf in the third quarter valued at approximately $39,000. Finally, Pekin Hardy Strauss Inc. acquired a new stake in shares of TeraWulf in the second quarter valued at approximately $44,000. Institutional investors and hedge funds own 62.49% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have commented on WULF. Northland Securities raised their price target on shares of TeraWulf from $8.00 to $10.00 and gave the company an “outperform” rating in a research note on Wednesday, November 13th. B. Riley restated a “buy” rating and issued a $6.00 price target on shares of TeraWulf in a research note on Monday, October 7th. Needham & Company LLC raised their price target on shares of TeraWulf from $6.00 to $9.50 and gave the company a “buy” rating in a research note on Wednesday, November 13th. Stifel Canada lowered shares of TeraWulf from a “strong-buy” rating to a “moderate buy” rating in a research note on Tuesday, October 29th. Finally, Rosenblatt Securities restated a “buy” rating and issued a $10.00 price target on shares of TeraWulf in a research note on Thursday. Seven investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, TeraWulf presently has a consensus rating of “Buy” and a consensus target price of $8.07.

Get Our Latest Report on WULF

TeraWulf Trading Up 5.3 %

TeraWulf stock opened at $8.12 on Monday. The firm has a 50 day simple moving average of $6.35 and a 200-day simple moving average of $4.96. TeraWulf Inc. has a 12-month low of $1.24 and a 12-month high of $9.30.

About TeraWulf

(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

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Institutional Ownership by Quarter for TeraWulf (NASDAQ:WULF)

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