<div id="readability-page-1"><p>GM Advisory Group LLC boosted its position in TeraWulf Inc. (NASDAQ:WULF - Free Report) by 179.5% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 1,876,671 shares of the company's stock after acquiring an additional 1,205,187 shares during the period. GM Advisory Group LLC owned about 0.56% of TeraWulf worth $8,351,000 at the end of the most recent reporting period.</p><ul><li>Here’s Why Bitcoin Miners Stopped Rising With Bitcoin Prices </li></ul><p>Several other institutional investors also recently bought and sold shares of WULF. Van ECK Associates Corp grew its position in shares of TeraWulf by 50.8% in the first quarter. Van ECK Associates Corp now owns 6,733,179 shares of the company's stock valued at $17,708,000 after purchasing an additional 2,268,870 shares during the period. Vanguard Group Inc. boosted its stake in TeraWulf by 17.7% in the 1st quarter. Vanguard Group Inc. now owns 11,722,320 shares of the company's stock worth $30,830,000 after buying an additional 1,764,115 shares during the last quarter. Intrinsic Edge Capital Management LLC purchased a new stake in TeraWulf in the 4th quarter valued at about $1,200,000. Bank of New York Mellon Corp increased its stake in shares of TeraWulf by 97.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 844,292 shares of the company's stock valued at $3,757,000 after acquiring an additional 417,369 shares during the last quarter. Finally, Renaissance Technologies LLC purchased a new position in shares of TeraWulf during the 2nd quarter worth about $1,618,000. 62.49% of the stock is currently owned by institutional investors and hedge funds. </p><h2>Analysts Set New Price Targets</h2><p>WULF has been the subject of a number of recent analyst reports. Rosenblatt Securities boosted their target price on shares of TeraWulf from $4.20 to $5.00 and gave the company a &#34;buy&#34; rating in a report on Wednesday, August 14th. B. Riley reissued a &#34;buy&#34; rating and set a $6.00 price objective on shares of TeraWulf in a research note on Monday, August 26th. Needham &amp; Company LLC began coverage on TeraWulf in a research report on Wednesday, September 4th. They issued a &#34;buy&#34; rating and a $6.00 target price on the stock. Roth Capital upgraded TeraWulf to a &#34;strong-buy&#34; rating in a report on Tuesday, July 2nd. Finally, Roth Mkm restated a &#34;buy&#34; rating and set a $6.50 price target on shares of TeraWulf in a research note on Monday, July 8th. Eight equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, TeraWulf has an average rating of &#34;Buy&#34; and an average price target of $5.71.</p><br/><ul><li>The most active penny stocks at Marketbeat.com </li></ul><p><b>Read Our Latest Analysis on TeraWulf</b></p><h2>TeraWulf Trading Up 9.9 %</h2><p>Shares of NASDAQ WULF opened at $4.46 on Friday. The stock has a fifty day moving average price of $4.39 and a 200 day moving average price of $3.35. TeraWulf Inc. has a 12-month low of $0.89 and a 12-month high of $6.51. </p><p>TeraWulf (NASDAQ:WULF - Get Free Report) last posted its earnings results on Monday, August 12th. The company reported ($0.03) earnings per share (EPS) for the quarter. The company had revenue of $35.57 million during the quarter, compared to analyst estimates of $35.73 million. TeraWulf had a negative net margin of 41.67% and a negative return on equity of 19.77%. On average, equities analysts expect that TeraWulf Inc. will post -0.11 earnings per share for the current fiscal year. </p><h2>TeraWulf Profile</h2> (Free Report)<p>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.</p><h2>Read More</h2><ul><li>Five stocks we like better than TeraWulf</li><li>Short Selling: How to Short a Stock</li><li>Edgewise Therapeutics Soars 50%: Key Reasons Behind the Surge</li><li>Russell 2000 Index, How Investors Use it For Profitable Trading</li><li>How the Fed’s Rate Cut Could Supercharge These 3 ETFs</li><li>How the NYSE and NASDAQ are Different, Why That Matters to Investors</li><li>Microsoft Stock: 3 Reasons It’s Ready to Crush Q4</li></ul><p><strong>Want to see what other hedge funds are holding WULF?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for TeraWulf Inc. (NASDAQ:WULF - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9V1VMRg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9V1VMRg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><p>→ Who are Nvidia’s New Silent Partners? <span><span>(From Weiss Ratings)</span> <span>(Ad)</span></span><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/TriggeredCampaignPixel.ashx/query-UGxhY2VtZW50PU5hdGl2ZURpc3BsYXkmU291cmNlPU5hdGl2ZURpc3BsYXkmVHJpZ2dlcmVkQ2FtcGFpZ25JRD05NjI4?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" height="1" width="1" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/TriggeredCampaignPixel.ashx/query-UGxhY2VtZW50PU5hdGl2ZURpc3BsYXkmU291cmNlPU5hdGl2ZURpc3BsYXkmVHJpZ2dlcmVkQ2FtcGFpZ25JRD05NjI4"/></p><h2>Should you invest $1,000 in TeraWulf right now?</h2><p>Before you consider TeraWulf, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and TeraWulf wasn't on the list.</p><p>While TeraWulf currently has a &#34;Buy&#34; rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p> </div>

WULF

<p>GM Advisory Group LLC increased its stake in TeraWulf Inc. (NASDAQ:WULF) by 179.5% in Q2, owning 1,876,671 shares after acquiring 1,205,187 additional shares. Other institutional investors also raised their positions, with Van ECK Associates Corp increasing by 50.8% and Vanguard Group by 17.7%. Analysts have set new price targets, with an average target of $2.71 and a consensus rating of "Buy". TeraWulf's stock opened at $1.46, with a 12-month range of $0.89 to $2.51, and reported a negative net margin of 41.67% in its latest earnings.</p>

TeraWulf Inc. (NASDAQ:WULF) Shares Purchased by GM Advisory Group LLC