TeraWulf Inc. (NASDAQ:WULF) Stock Holdings Raised by Sargent Investment Group LLC

Sargent Investment Group LLC increased its holdings in TeraWulf Inc. (NASDAQ:WULF) by 8.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 217,840 shares of the company’s stock after buying an additional 16,800 shares during the period. Sargent Investment Group LLC owned about 0.06% of TeraWulf worth $1,133,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Aspect Partners LLC acquired a new stake in shares of TeraWulf in the 3rd quarter worth approximately $26,000. Rosenberg Matthew Hamilton acquired a new stake in shares of TeraWulf during the fourth quarter valued at approximately $32,000. FMR LLC increased its stake in TeraWulf by 22.0% in the 3rd quarter. FMR LLC now owns 7,803 shares of the company’s stock valued at $37,000 after buying an additional 1,408 shares during the period. KBC Group NV acquired a new position in TeraWulf in the 3rd quarter valued at approximately $39,000. Finally, Hodges Capital Management Inc. bought a new stake in TeraWulf in the third quarter worth approximately $47,000. 62.49% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

WULF has been the subject of several recent analyst reports. Northland Securities reaffirmed an “outperform” rating and set a $10.00 price objective on shares of TeraWulf in a report on Tuesday, December 24th. Cantor Fitzgerald restated an “overweight” rating and issued a $11.00 price objective on shares of TeraWulf in a research note on Monday, January 6th. Stifel Canada cut shares of TeraWulf from a “strong-buy” rating to a “moderate buy” rating in a research report on Tuesday, October 29th. B. Riley increased their price objective on shares of TeraWulf from $8.00 to $10.00 and gave the stock a “buy” rating in a report on Thursday, December 19th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and issued a $10.00 target price 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 given a strong buy rating to the company. According to data from MarketBeat, TeraWulf has a consensus rating of “Buy” and an average price target of $8.64.

TeraWulf Price Performance

NASDAQ WULF opened at $5.18 on Wednesday. TeraWulf Inc. has a 12 month low of $1.55 and a 12 month high of $9.30. The business has a fifty day simple moving average of $6.32 and a 200 day simple moving average of $5.54.

TeraWulf Company Profile

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.