Webull (NASDAQ:BULL) President Sells 53,848 Shares of Stock

Key Points

• Webull President Anthony Michael Denier sold 53,848 shares at an average price of $8.83, generating approximately $475,478. The sale was made under a pre-arranged Rule 10b5-1 trading plan and reduced his holdings by 2.26%.
• Webull reported quarterly earnings of $0.12 per share, beating estimates of $0.01, while revenue rose 51.2% year over year to $198.83 million. The stock opened at $8.94, with a market capitalization of roughly $4.75 billion.
• Analyst sentiment is moderately bullish, with a consensus “Moderate Buy” rating and an average price target of $14.00; institutional investors own 92.48% of the company’s shares.

Webull Corporation (NASDAQ:BULL - Get Free Report) President Anthony Michael Denier sold 53,848 shares of the firm's stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $8.83, for a total value of $475,477.84. Following the transaction, the president directly owned 2,332,295 shares in the company, valued at approximately $20,594,164.85. This represents a 2.26% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Webull Stock Performance

BULL stock opened at $8.94 on Wednesday. The stock has a market capitalization of $4.75 billion, a PE ratio of 111.76 and a beta of 0.53. Webull Corporation has a one year low of $4.50 and a one year high of $16.04. The company has a fifty day moving average of $7.47 and a 200-day moving average of $6.56.

Webull (NASDAQ:BULL - Get Free Report) last announced its quarterly earnings data on Wednesday, August 19th. The company reported $0.12 earnings per share for the quarter, beating analysts' consensus estimates of $0.01 by $0.11. Webull had a return on equity of 5.95% and a net margin of 6.26%.The company had revenue of $198.83 million for the quarter. The firm's revenue was up 51.2% on a year-over-year basis. Equities analysts forecast that Webull Corporation will post 0.06 earnings per share for the current fiscal year.

Institutional Trading of Webull

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Quantinno Capital Management LP acquired a new stake in Webull during the 1st quarter worth approximately $1,584,000. Yong Rong HK Asset Management Ltd acquired a new position in Webull during the fourth quarter valued at approximately $38,850,000. Renaissance Technologies LLC lifted its position in Webull by 321.3% during the first quarter. Renaissance Technologies LLC now owns 1,535,199 shares of the company's stock valued at $7,369,000 after buying an additional 1,170,799 shares in the last quarter. Virtu Financial LLC purchased a new stake in Webull during the fourth quarter worth approximately $799,000. Finally, Healthcare of Ontario Pension Plan Trust Fund grew its stake in Webull by 112.6% during the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 738,600 shares of the company's stock worth $3,545,000 after buying an additional 391,236 shares during the period. Hedge funds and other institutional investors own 92.48% of the company's stock.

Analyst Ratings Changes

BULL has been the topic of several research analyst reports. Wall Street Zen upgraded shares of Webull from a "sell" rating to a "hold" rating in a research report on Saturday. Rosenblatt Securities boosted their price objective on shares of Webull from $13.00 to $15.00 and gave the stock a "buy" rating in a report on Thursday, August 20th. Finally, Weiss Ratings raised Webull from a "sell (e+)" rating to a "sell (d-)" rating in a research note on Wednesday, August 19th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Webull has a consensus rating of "Moderate Buy" and an average price target of $14.00.

Webull Company Profile

Webull Financial LLC is a commission-free online brokerage platform that provides individual investors with access to U.S. equities, exchange-traded funds (ETFs), options, and cryptocurrencies. Through its mobile and desktop applications, the company offers real-time market data, advanced charting tools, customizable watchlists, and streamlined order execution. Webull’s platform is designed to support both self-directed traders and investors seeking an intuitive interface coupled with professional-grade analytics.

In addition to its core trading services, Webull delivers educational resources and research tools to help users make informed decisions.

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