3,952,809 Webull Corporation $BULL Shares Acquired by Assenagon Asset Management S.A.

Key Points

• Assenagon Asset Management increased its Webull stake by 3,738.1%, acquiring 3.95 million shares and ending the quarter with 4.06 million shares valued at approximately $28.3 million. Institutional investors collectively own 92.48% of BULL.
• Webull insiders have been selling shares, including sales by the general counsel and CFO; insiders sold 320,659 shares worth $2.78 million over the past three months, while retaining 35% ownership.
• Analyst sentiment is mixed, with a consensus rating of Hold and a $10 price target. Despite a quarterly EPS beat and 51.2% year-over-year revenue growth, the company faces legal and regulatory scrutiny tied to alleged disclosures about its China-related exposure.

Assenagon Asset Management S.A. boosted its stake in Webull Corporation (NASDAQ:BULL - Free Report) by 3,738.1% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,058,553 shares of the company's stock after buying an additional 3,952,809 shares during the period. Assenagon Asset Management S.A. owned 0.77% of Webull worth $28,288,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of BULL. Ritter Alpha LP acquired a new position in shares of Webull during the first quarter valued at approximately $48,000. Versant Capital Management Inc lifted its position in Webull by 79.8% in the second quarter. Versant Capital Management Inc now owns 7,335 shares of the company's stock worth $48,000 after purchasing an additional 3,255 shares during the period. Allworth Financial LP lifted its position in Webull by 67.0% in the second quarter. Allworth Financial LP now owns 8,320 shares of the company's stock worth $54,000 after purchasing an additional 3,337 shares during the period. Sanctuary Advisors LLC acquired a new stake in Webull in the first quarter worth approximately $59,000. Finally, EverSource Wealth Advisors LLC boosted its stake in Webull by 731.0% during the 1st quarter. EverSource Wealth Advisors LLC now owns 14,260 shares of the company's stock valued at $68,000 after purchasing an additional 12,544 shares in the last quarter. Institutional investors and hedge funds own 92.48% of the company's stock.

Insider Buying and Selling at Webull

In other news, General Counsel Benjamin James sold 50,273 shares of the stock in a transaction on Friday, August 21st. The stock was sold at an average price of $9.02, for a total value of $453,462.46. Following the completion of the sale, the general counsel owned 1,150,991 shares in the company, valued at $10,381,938.82. This represents a 4.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Haichen Wang sold 55,000 shares of the stock in a transaction on Monday, September 14th. The shares were sold at an average price of $8.98, for a total value of $493,900.00. Following the completion of the sale, the chief financial officer owned 772,046 shares of the company's stock, valued at $6,932,973.08. The trade was a 6.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 320,659 shares of company stock valued at $2,781,375 in the last three months. 35.00% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on BULL. Scotiabank upgraded Webull from a "sector perform" rating to a "sector outperform" rating and set a $9.00 price target on the stock in a research report on Friday, October 9th. Weiss Ratings upgraded Webull from a "sell (d-)" rating to a "sell (d)" rating in a report on Monday, September 14th. Rosenblatt Securities cut their price objective on Webull from $15.00 to $12.00 and set a "buy" rating for the company in a report on Friday, October 9th. Finally, Wall Street Zen raised Webull from a "sell" rating to a "hold" rating in a research note on Saturday, August 22nd. Three equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $10.00.

Webull Stock Performance

BULL stock opened at $6.07 on Monday. Webull Corporation has a one year low of $4.50 and a one year high of $11.97. The firm has a market capitalization of $3.22 billion, a PE ratio of 75.88 and a beta of 0.64. The firm has a 50-day moving average of $8.00 and a two-hundred day moving average of $7.16.

Webull (NASDAQ:BULL - Get Free Report) last announced its earnings results on Wednesday, August 19th. The company reported $0.12 EPS for the quarter, topping the consensus estimate of $0.01 by $0.11. Webull had a net margin of 6.26% and a return on equity of 5.95%. The company had revenue of $198.83 million during the quarter. The company's revenue for the quarter was up 51.2% compared to the same quarter last year. On average, equities research analysts anticipate that Webull Corporation will post 0.14 earnings per share for the current year.

Trending Headlines about Webull

Here are the key news stories impacting Webull this week:

• Neutral Sentiment: Multiple firms—including Rosen, Robbins Geller, Kessler Topaz, Bronstein Gewirtz, Faruqi, and others—are publicizing the same pending federal class action, rather than announcing separate new lawsuits. Investors who seek lead-plaintiff status generally must act by December 7, 2026. BULL Investor Alert
• Negative Sentiment: The litigation alleges that Webull made material misstatements or omissions about its relationship with the People’s Republic of China and its potential exposure to U.S. laws and scrutiny involving China-connected companies. The claims cover investors who purchased BULL securities from April 26, 2025, through October 6, 2026. Webull Class Action Filed
• Negative Sentiment: According to one investor notice, Webull allegedly told shareholders it fell outside U.S. rules targeting China-linked companies and characterized congressional and state inquiries as outdated. The company’s shares subsequently fell 19% in one session after a reported House committee finding, intensifying concerns about disclosure accuracy, regulatory risk, and reputational damage. SueWallSt Webull Class Action Reminder
• Negative Sentiment: The lawsuit creates potential legal expenses, damages, management distraction, and additional regulatory or political scrutiny. These risks are likely outweighing Webull’s earlier earnings momentum, including a quarterly EPS beat and 51.2% year-over-year revenue growth.

About Webull

Webull Corporation NASDAQ: BULL is a financial technology company that operates a digital investment platform and online brokerage. Its services are designed for self-directed investors and provide access to market information, research tools, charting and portfolio-management features through mobile and web-based applications.

Through its brokerage businesses, Webull offers trading in products that may include U.S.-listed stocks, exchange-traded funds, options and fractional shares, along with retirement accounts, margin services and other investing features, subject to availability and regulatory requirements.

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