Insider Selling: Webull (NASDAQ:BULL) President Sells $327,922.14 in Stock

Key Points

• Webull President Anthony Michael Denier sold 53,846 shares at an average price of $6.09, generating $327,922.14. The sale, conducted under a Rule 10b5-1 plan, reduced his ownership by 2.48% to 2.12 million shares.
• Webull shares fell 2.1% to $5.96, well below the 50-day moving average of $7.91. The stock has traded between $4.50 and $11.97 over the past year.
• Webull’s latest quarterly results exceeded expectations, with EPS of $0.12 versus a $0.01 consensus estimate and revenue of $198.83 million, up 51.2% year over year. Analysts have a consensus “Hold” rating and an average price target of $10.00.

Webull Corporation (NASDAQ:BULL - Get Free Report) President Anthony Michael Denier sold 53,846 shares of the stock in a transaction on Wednesday, October 21st. The shares were sold at an average price of $6.09, for a total value of $327,922.14. Following the sale, the president directly owned 2,116,911 shares in the company, valued at $12,891,987.99. This trade represents a 2.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Anthony Michael Denier also recently made the following trade(s):

• On Monday, October 5th, Anthony Michael Denier sold 53,846 shares of Webull stock. The stock was sold at an average price of $7.33, for a total transaction of $394,691.18.
• On Monday, September 21st, Anthony Michael Denier sold 53,846 shares of Webull stock. The stock was sold at an average price of $8.32, for a total transaction of $447,998.72.
• On Tuesday, September 8th, Anthony Michael Denier sold 53,846 shares of Webull stock. The stock was sold at an average price of $9.58, for a total transaction of $515,844.68.
• On Tuesday, August 25th, Anthony Michael Denier sold 53,848 shares of Webull stock. The stock was sold at an average price of $8.83, for a total transaction of $475,477.84.

Webull Trading Down 2.1%

Shares of BULL traded down $0.13 during mid-day trading on Thursday, hitting $5.96. The company's stock had a trading volume of 1,448,398 shares, compared to its average volume of 12,780,046. Webull Corporation has a 52-week low of $4.50 and a 52-week high of $11.97. The company's 50-day moving average is $7.91 and its 200-day moving average is $7.19. The firm has a market capitalization of $3.16 billion, a price-to-earnings ratio of 74.56 and a beta of 0.64.

Webull (NASDAQ:BULL - Get Free Report) last announced its earnings results on Wednesday, August 19th. The company reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.11. The company had revenue of $198.83 million for the quarter. Webull had a return on equity of 5.95% and a net margin of 6.26%. The firm's quarterly revenue was up 51.2% on a year-over-year basis. As a group, sell-side analysts predict that Webull Corporation will post 0.14 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Webull

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Versant Capital Management Inc lifted its holdings in Webull by 79.8% in the second quarter. Versant Capital Management Inc now owns 7,335 shares of the company's stock valued at $48,000 after acquiring an additional 3,255 shares during the last quarter. Allworth Financial LP boosted its position in Webull by 67.0% in the 2nd quarter. Allworth Financial LP now owns 8,320 shares of the company's stock valued at $54,000 after buying an additional 3,337 shares during the period. Nisa Investment Advisors LLC increased its position in shares of Webull by 53.3% during the third quarter. Nisa Investment Advisors LLC now owns 9,521 shares of the company's stock worth $66,000 after acquiring an additional 3,309 shares during the period. Ritter Alpha LP purchased a new position in Webull in the first quarter valued at $48,000. Finally, Sanctuary Advisors LLC acquired a new position in shares of Webull during the first quarter worth about $59,000. Institutional investors and hedge funds own 92.48% of the company's stock.

Wall Street Analysts Forecast Growth

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

Key Webull News

Here are the key news stories impacting Webull this week:

• Positive Sentiment: Webull announced plans to introduce extended-hours trading for select single-stock and ETF options, allowing eligible U.S. customers to trade during pre- and post-market sessions around earnings and other market-moving events. The expansion could increase customer engagement and trading activity. Webull to Introduce Extended-Hours Options Trading
• Positive Sentiment: Webull is preparing to launch U.S. crypto-linked perpetual futures with Kalshi in November. The product could broaden revenue sources and attract more trading activity from the platform’s large customer base. Webull to debut crypto-linked perpetual futures in November
• Positive Sentiment: A bullish analyst view cited accelerating operating leverage, the perpetual-futures launch and the potential for revenue to double by 2030, providing a counterpoint to the recent selling pressure. Webull: A 30% Annual Return Setup As Perpetual Futures Go Live
• Negative Sentiment: A U.S. House panel reportedly challenged Webull’s statements regarding access to U.S. customer data, with messages allegedly suggesting potential China-related access. The claims raise concerns about data security, regulatory exposure and Webull’s disclosures. House Panel Challenges Webull’s Claims on US Customer Data Access
• Negative Sentiment: Multiple law firms publicized a securities class action covering investors who purchased BULL shares during the stated class period. The complaints allege material misstatements or omissions concerning Webull’s relationship with China; the allegations have not been proven, but the litigation adds reputational, legal and disclosure risk. Investors have until December 7, 2026, to seek lead-plaintiff status. Webull Corporation Class Action Lawsuit Seeks Recovery for Investors

About Webull

Webull Corporation is a digital investment platform that provides self-directed brokerage and financial services through mobile and web-based applications. Its platform enables individual investors to research and trade stocks, exchange-traded funds, options and other securities, subject to product availability and regulatory requirements.

Webull offers tools designed for active investors, including real-time market data, charting and technical-analysis features, customizable watchlists, news and educational resources.

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