Van ECK Associates Corp grew its position in shares of TeraWulf Inc. (NASDAQ:WULF – Get Rating) by 109.5% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,120,470 shares of the company’s stock after buying an additional 585,648 shares during the quarter. Van ECK Associates Corp owned 0.77% of TeraWulf worth $746,000 as of its most recent filing with the SEC.
Other large investors also recently bought and sold shares of the company. Virtu Financial LLC purchased a new position in TeraWulf during the 3rd quarter worth $25,000. Rhumbline Advisers acquired a new position in shares of TeraWulf during the 2nd quarter worth $30,000. Advisor Group Holdings Inc. grew its stake in shares of TeraWulf by 2,542.9% during the 1st quarter. Advisor Group Holdings Inc. now owns 3,700 shares of the company’s stock worth $31,000 after purchasing an additional 3,560 shares during the period. Allspring Global Investments Holdings LLC acquired a new position in shares of TeraWulf during the 3rd quarter worth $50,000. Finally, Platform Technology Partners acquired a new position in shares of TeraWulf during the 4th quarter worth $80,000.
Analysts Set New Price Targets
Separately, B. Riley lowered their price target on shares of TeraWulf from $5.00 to $2.00 and set a “buy” rating on the stock in a research note on Tuesday, February 14th.
Insider Activity at TeraWulf
TeraWulf Stock Down 1.2 %
NASDAQ:WULF opened at $1.60 on Monday. TeraWulf Inc. has a fifty-two week low of $0.54 and a fifty-two week high of $3.76. The firm’s fifty day simple moving average is $1.16 and its 200-day simple moving average is $0.94. The company has a quick ratio of 0.11, a current ratio of 0.11 and a debt-to-equity ratio of 0.67.
TeraWulf Company Profile
TeraWulf, Inc owns and operates fully integrated environmentally clean bitcoin mining facilities in the United States. TeraWulf will generate domestically produced bitcoin powered by nuclear, hydro and solar energy. The company was founded by Paul Prager and Nazar Khan on February 8, 2021 and is headquartered in Easton, MD.
- Get a free copy of the StockNews.com research report on TeraWulf (WULF)
- MarketBeat Week in Review – 5/8 – 5/12
- An Updraft Is Brewing For DraftKings
- PepsiCo Hits “Sweet Spot” For APAC Growth, Macros Agree
- High-Risk Mullen Automotive Continues To Build Momentum
- 3 Recession-Proof Stocks With Nice Dividends
Want 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 – Get Rating).
Receive News & Ratings for TeraWulf Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TeraWulf and related companies with MarketBeat.com's FREE daily email newsletter.