Have TeraWulf Insiders Been Selling Stock?

We note that the TeraWulf Inc. (NASDAQ:WULF) Independent Director, Catherine Motz, recently sold US$83k worth of stock for US$3.92 per share. On the bright side, that's just a small sale and only reduced their holding by 10.0%.

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TeraWulf Insider Transactions Over The Last Year

In fact, the recent sale by Catherine Motz was the biggest sale of TeraWulf shares made by an insider individual in the last twelve months, according to our records. That means that an insider was selling shares at around the current price of US$3.84. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. In this case, the big sale took place at around the current price, so it's not too bad (but it's still not a positive).

The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

Check out our latest analysis for TeraWulf

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Does TeraWulf Boast High Insider Ownership?

For a common shareholder, it is worth checking how many shares are held by company insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. TeraWulf insiders own 15% of the company, currently worth about US$217m based on the recent share price. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

So What Does This Data Suggest About TeraWulf Insiders?

An insider sold TeraWulf shares recently, but they didn't buy any. Despite some insider buying, the longer term picture doesn't make us feel much more positive. While insiders do own a lot of shares in the company (which is good), our analysis of their transactions doesn't make us feel confident about the company. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing TeraWulf. To that end, you should learn about the 3 warning signs we've spotted with TeraWulf (including 1 which is significant).

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For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.