Universal Beteiligungs und Servicegesellschaft mbH Has $11.64 Million Holdings in TeraWulf Inc. $WULF

Universal Beteiligungs und Servicegesellschaft mbH grew its position in TeraWulf Inc. (NASDAQ:WULF) by 53.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,019,299 shares of the company’s stock after purchasing an additional 353,337 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in TeraWulf were worth $11,640,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in WULF. Wealth Enhancement Advisory Services LLC lifted its holdings in TeraWulf by 0.9% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 736,261 shares of the company’s stock worth $8,909,000 after purchasing an additional 6,527 shares during the last quarter. Thames Capital Management LLC increased its position in TeraWulf by 27.7% during the 3rd quarter. Thames Capital Management LLC now owns 1,449,091 shares of the company’s stock worth $16,549,000 after buying an additional 314,402 shares during the period. World Equity Group Inc. acquired a new stake in shares of TeraWulf during the third quarter worth $432,000. Nisa Investment Advisors LLC boosted its position in shares of TeraWulf by 1,076.8% in the third quarter. Nisa Investment Advisors LLC now owns 77,375 shares of the company’s stock valued at $884,000 after acquiring an additional 70,800 shares during the period. Finally, SG Americas Securities LLC boosted its position in shares of TeraWulf by 278.7% in the third quarter. SG Americas Securities LLC now owns 53,493 shares of the company’s stock valued at $611,000 after acquiring an additional 39,367 shares during the period. Institutional investors own 62.49% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently commented on WULF shares. JMP Securities set a $22.00 price target on shares of TeraWulf in a research report on Wednesday, October 29th. Compass Point set a $17.00 target price on shares of TeraWulf and gave the stock a “neutral” rating in a report on Tuesday, October 28th. Needham & Company LLC reiterated a “buy” rating and issued a $21.00 price target on shares of TeraWulf in a research note on Tuesday, November 11th. Citigroup reissued a “market outperform” rating on shares of TeraWulf in a research report on Tuesday, November 11th. Finally, Oppenheimer started coverage on TeraWulf in a report on Tuesday, October 28th. They issued an “outperform” rating and a $20.00 price objective for the company. Twelve equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $19.15.

TeraWulf Stock Performance

Shares of TeraWulf stock opened at $14.12 on Friday. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 4.45. The company has a market cap of $5.91 billion, a PE ratio of -9.94 and a beta of 3.69. The company has a 50 day moving average of $13.26 and a 200-day moving average of $11.09. TeraWulf Inc. has a 1-year low of $2.06 and a 1-year high of $17.05.

TeraWulf (NASDAQ:WULF) last announced its quarterly earnings data on Monday, November 10th. The company reported ($1.13) EPS for the quarter, missing the consensus estimate of ($0.04) by ($1.09). TeraWulf had a negative net margin of 336.53% and a negative return on equity of 69.75%. The firm had revenue of $50.58 million for the quarter, compared to analyst estimates of $56.27 million. The business’s quarterly revenue was up 86.9% compared to the same quarter last year. As a group, equities research analysts forecast that TeraWulf Inc. will post -0.17 earnings per share for the current fiscal year.

Insider Buying and Selling at TeraWulf

In other TeraWulf news, Director Michael C. Bucella acquired 4,178 shares of TeraWulf stock in a transaction that occurred on Thursday, November 13th. The shares were acquired at an average cost of $12.01 per share, with a total value of $50,177.78. Following the completion of the purchase, the director directly owned 266,958 shares of the company’s stock, valued at $3,206,165.58. This represents a 1.59% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 19.90% of the stock is currently owned by corporate insiders.

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.