Strs Ohio Increases Position in TeraWulf Inc. $WULF

Strs Ohio lifted its holdings in TeraWulf Inc. (NASDAQ:WULF) by 91.6% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 47,900 shares of the company’s stock after buying an additional 22,900 shares during the period. Strs Ohio’s holdings in TeraWulf were worth $550,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Advisory Services Network LLC purchased a new position in shares of TeraWulf in the 3rd quarter worth approximately $29,000. Comerica Bank lifted its stake in TeraWulf by 3,748.5% in the first quarter. Comerica Bank now owns 12,700 shares of the company’s stock valued at $35,000 after purchasing an additional 12,370 shares during the last quarter. GPS Wealth Strategies Group LLC lifted its stake in TeraWulf by 366.2% in the third quarter. GPS Wealth Strategies Group LLC now owns 3,590 shares of the company’s stock valued at $41,000 after purchasing an additional 2,820 shares during the last quarter. Activest Wealth Management purchased a new position in TeraWulf in the fourth quarter valued at approximately $46,000. Finally, Rafferty Asset Management LLC purchased a new position in TeraWulf in the second quarter valued at approximately $53,000. Hedge funds and other institutional investors own 62.49% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the company. Citigroup reiterated an “outperform” rating on shares of TeraWulf in a research note on Thursday. Morgan Stanley reiterated an “overweight” rating and issued a $41.50 price objective on shares of TeraWulf in a research note on Monday, April 27th. Keefe, Bruyette & Woods dropped their price objective on TeraWulf from $24.00 to $23.00 and set an “outperform” rating on the stock in a research note on Wednesday, March 11th. Rosenblatt Securities reiterated a “buy” rating and issued a $23.00 price objective on shares of TeraWulf in a research note on Wednesday, April 15th. Finally, Cantor Fitzgerald upped their price objective on TeraWulf from $24.00 to $30.00 and gave the company an “overweight” rating in a research note on Thursday, April 9th. Twelve analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, TeraWulf currently has an average rating of “Moderate Buy” and an average target price of $25.83.

TeraWulf News Roundup

Here are the key news stories impacting TeraWulf this week:

• Positive Sentiment: TeraWulf said it is making progress on its AI infrastructure pivot, with $21 million in HPC lease revenue and a development timeline that remains on track at WULF Compute. The company also reaffirmed its strategy to add 250–500 MW of new contracted capacity annually. Article Title
• Positive Sentiment: The company closed a $250 million revolving credit facility, giving it added financial flexibility to fund development as it expands its contracted HPC and AI data center business. Article Title
• Neutral Sentiment: Analysts and media coverage noted that the stock is being supported by “AI momentum,” with some investors looking past the weak quarter because of the company’s long-term data center opportunity. Article Title
• Neutral Sentiment: The company is targeting 480 MW online in the second half of 2027 while shifting more of its revenue mix toward contracted HPC revenue, which suggests a longer path to meaningful earnings improvement. Article Title
• Negative Sentiment: Q1 EPS came in at a loss of $1.01 per share, well below the expected loss of $0.17, highlighting much steeper-than-expected losses as TeraWulf invests in its transition. Article Title
• Negative Sentiment: Revenue of $34.01 million only narrowly beat estimates and was slightly lower than a year ago, reinforcing concerns that profitability remains under pressure despite the strategic pivot. Article Title

Insiders Place Their Bets

In other TeraWulf news, CFO Patrick Fleury sold 26,414 shares of the stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $16.14, for a total transaction of $426,321.96. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Paul B. Prager sold 79,200 shares of the stock in a transaction on Tuesday, April 28th. The stock was sold at an average price of $20.62, for a total value of $1,633,104.00. Following the sale, the chief executive officer owned 884,320 shares in the company, valued at approximately $18,234,678.40. This represents a 8.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have purchased 13,094 shares of company stock worth $200,392 and have sold 954,200 shares worth $16,390,854. Company insiders own 19.90% of the company’s stock.

TeraWulf Trading Down 2.6%

NASDAQ:WULF opened at $23.39 on Friday. The company has a market cap of $10.18 billion, a P/E ratio of -9.43 and a beta of 3.84. The stock’s fifty day moving average price is $17.54 and its two-hundred day moving average price is $15.15. TeraWulf Inc. has a 1 year low of $2.89 and a 1 year high of $25.76. The company has a debt-to-equity ratio of 33.00, a current ratio of 2.00 and a quick ratio of 2.00.

TeraWulf (NASDAQ:WULF) last posted its earnings results on Friday, May 8th. The company reported ($1.01) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.19) by ($0.82). The company 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 131.48% and a negative net margin of 392.64%.The company’s revenue was down 1.1% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.16) EPS. As a group, analysts expect that TeraWulf Inc. will post -0.49 EPS for the current year.

TeraWulf Company Profile

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.