1 week Ago By Defense World Staff
Invesco Ltd. grew its holdings in shares of TeraWulf Inc. (NASDAQ:WULF – Free Report) by 583.
1% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 849,708 shares of the company’s stock after purchasing an additional 725,322 shares during the quarter. Invesco Ltd.
owned about 0.22% of TeraWulf worth $4,809,000 at the end of the most recent reporting period. A number of other hedge funds have also bought and sold shares of the business.
ARS Investment Partners LLC increased its holdings 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 worth $68,000 after buying an additional 2,000 shares during the last quarter.
Truist Financial Corp raised its stake in shares of TeraWulf by 5.0% during the fourth quarter. Truist Financial Corp now owns 52,500 shares of the company’s stock valued at $297,000 after acquiring an additional 2,500 shares during the last quarter.
Xponance Inc. raised its position in TeraWulf by 22.7% during the 4th quarter.
Xponance Inc. now owns 19,156 shares of the company’s stock valued at $108,000 after purchasing an additional 3,545 shares during the last quarter. KBC Group NV raised its holdings in shares of TeraWulf by 49.
3% during the fourth quarter. KBC Group NV now owns 12,349 shares of the company’s stock valued at $70,000 after acquiring an additional 4,077 shares in the last quarter. Finally, Apollon Wealth Management LLC lifted its position in shares of TeraWulf by 20.
5% in the 4th quarter. Apollon Wealth Management LLC now owns 26,612 shares of the company’s stock worth $151,000 after purchasing an additional 4,529 shares during the period. 62.
49% of the stock is currently owned by hedge funds and other institutional investors. TeraWulf Trading Down 1.3 %WULF opened at $3.
00 on Friday. TeraWulf Inc. has a 12-month low of $1.
91 and a 12-month high of $9.30. The business’s fifty day simple moving average is $3.
07 and its 200-day simple moving average is $5.14. The company has a market capitalization of $1.
15 billion, a price-to-earnings ratio of -15.00 and a beta of 2.76.
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 analysts’ consensus estimates of ($0.
04) by ($0.04). The company had revenue of $35.
00 million for the quarter, compared to the consensus estimate of $37.43 million. TeraWulf had a negative net margin of 41.
88% and a negative return on equity of 15.91%. The firm’s quarterly revenue was up 50.
2% compared to the same quarter last year. On average, equities research analysts predict that TeraWulf Inc. will post -0.
17 EPS for the current year. Wall Street Analyst Weigh InWULF has been the topic of a number of recent research reports. Rosenblatt Securities reduced their target price on shares of TeraWulf from $10.
00 to $4.00 and set a “buy” rating on the stock in a research report on Wednesday, April 9th. Keefe, Bruyette & Woods initiated coverage on TeraWulf in a research note on Wednesday, January 8th.
They issued a “market perform” rating on the stock. Needham & Company LLC reiterated a “buy” rating and set a $9.50 price objective on shares of TeraWulf in a research note on Monday, January 13th.
Cantor Fitzgerald reissued an “overweight” rating and issued a $11.00 target price on shares of TeraWulf in a research note on Monday, January 6th. Finally, Jones Trading began coverage on TeraWulf in a research report on Monday, March 31st.
They issued a “buy” rating and a $4.00 price target for the company. One 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 company’s stock.
According to data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $7.86.
Check Out Our Latest Research Report on WULFTeraWulf 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.Featured StoriesFive stocks we like better than TeraWulfHow Technical Indicators Can Help You Find Oversold Stocks Markets Think Robinhood Earnings Could Send the Stock UpProfitably Trade Stocks at 52-Week HighsChurchill Downs Stock: Could Tariff Fears Dampen Derby Gains?The Most Important Warren Buffett Stock for Investors: His OwnAT&T: Subscriber Growth & Buybacks Signal Bullish TurnaroundWant to see what other hedge funds are holding WULF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for TeraWulf Inc.
(NASDAQ:WULF – Free Report)..
