Stock Traders Purchase High Volume of Call Options on TeraWulf (NASDAQ:WULF)

TeraWulf Inc. (NASDAQ:WULF) saw some unusual options trading activity on Thursday. Stock investors purchased 191,521 call options on the company. This is an increase of 46% compared to the typical volume of 131,061 call options.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on WULF shares. 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 report on Wednesday, March 11th. Cantor Fitzgerald lifted their price target on shares of TeraWulf from $24.00 to $30.00 and gave the stock an “overweight” rating in a research note on Thursday. Weiss Ratings restated a “sell (d-)” rating on shares of TeraWulf in a research report on Friday, March 27th. Arete Research assumed coverage on shares of TeraWulf in a research report on Monday, March 23rd. They issued a “buy” rating and a $30.00 target price for the company. Finally, Rosenblatt Securities reiterated a “buy” rating and set a $23.00 target price on shares of TeraWulf in a research note on Thursday, March 19th. Twelve investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $23.08.

Insider Transactions at TeraWulf

In other 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 value of $426,321.96. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Michael C. Bucella purchased 1,665 shares of TeraWulf stock in a transaction dated Friday, March 20th. The shares were bought at an average price of $15.04 per share, with a total value of $25,041.60. Following the completion of the acquisition, the director directly owned 280,052 shares of the company’s stock, valued at approximately $4,211,982.08. This represents a 0.60% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders have purchased 13,094 shares of company stock valued at $200,392 and have sold 737,500 shares valued at $11,897,750. Insiders own 19.90% of the company’s stock.

Institutional Investors Weigh In On TeraWulf

A number of hedge funds have recently bought and sold shares of WULF. Comerica Bank increased its position in shares of TeraWulf by 3,748.5% during the 1st 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. Millennium Management LLC lifted its position in TeraWulf by 47.8% in the first quarter. Millennium Management LLC now owns 2,456,045 shares of the company’s stock worth $6,705,000 after buying an additional 793,832 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in TeraWulf by 5.8% during the second quarter. Envestnet Asset Management Inc. now owns 41,375 shares of the company’s stock worth $181,000 after buying an additional 2,258 shares during the period. Creative Planning increased its position in TeraWulf by 232.2% during the second quarter. Creative Planning now owns 47,665 shares of the company’s stock valued at $209,000 after acquiring an additional 33,317 shares during the last quarter. Finally, Legal & General Group Plc increased its position in TeraWulf by 26.9% during the second quarter. Legal & General Group Plc now owns 300,799 shares of the company’s stock valued at $1,318,000 after acquiring an additional 63,748 shares during the last quarter. Hedge funds and other institutional investors own 62.49% of the company’s stock.

TeraWulf Price Performance

WULF traded up $0.98 during trading on Thursday, hitting $19.03. 45,280,752 shares of the company traded hands, compared to its average volume of 31,205,477. The company has a market cap of $8.07 billion, a PE ratio of -11.67 and a beta of 3.69. TeraWulf has a 1 year low of $2.18 and a 1 year high of $19.50. The company has a current ratio of 2.00, a quick ratio of 2.00 and a debt-to-equity ratio of 33.00. The stock’s 50-day simple moving average is $15.40 and its two-hundred day simple moving average is $14.02.

Key TeraWulf News

Here are the key news stories impacting TeraWulf this week:

• Positive Sentiment: Cantor Fitzgerald raised its price target on WULF to $30 (from $24) and kept an Overweight/Buy-equivalent rating — a fresh Wall Street endorsement that likely lifted sentiment and buying interest. What’s Behind The Jump In TeraWulf Stock?
• Positive Sentiment: Company disclosed a 364‑day, $500M delayed‑draw senior secured bridge facility intended to fund the Hawesville data‑center buildout; the facility and a $100M minimum liquidity covenant may reassure investors about near‑term funding for construction. TeraWulf jumps as investors focus on AI/HPC buildout momentum and recent bullish research
• Positive Sentiment: Management highlights continued traction in contracted capacity — about 522 critical IT MW tied to >$12.8B in long‑term, credit‑enhanced customer contracts — supporting the company’s AI/HPC revenue thesis as capacity scales. TeraWulf jumps as investors focus on AI/HPC buildout momentum and recent bullish research
• Positive Sentiment: Physical buildout progress: a massive transformer bound for the Lake Mariner data center recently arrived by barge — a tangible sign that grid and site infrastructure work is advancing. This reduces delivery risk for near‑term capacity. Massive transformer bound for Lake Mariner Data Center arrives by barge in Olcott
• Neutral Sentiment: Analyst consensus remains mostly constructive (median price targets in the low $20s) and some outlets characterize the street view as “Moderate Buy,” which supports a favorable narrative but still implies dispersion in valuations. TeraWulf Inc. (NASDAQ:WULF) Given Average Recommendation of “Moderate Buy” by Analysts
• Negative Sentiment: Insider selling has been reported (including sales by the CEO and CFO in recent months), which can weigh on sentiment even as some insiders and institutions increased positions; monitor future insider activity and whether sales are for diversification or other reasons. TeraWulf jumps as investors focus on AI/HPC buildout momentum and recent bullish research

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.