Traders Purchase High Volume of Call Options on Webull (NASDAQ:BULL)

Key Points

• Webull saw unusually heavy call-option activity: Traders purchased 139,347 call options, 93% above the typical volume of 72,167.
• Analyst sentiment is mixed but leans positive, with an overall “Moderate Buy” rating and a consensus price target of $13.33; targets include Rosenblatt’s $13.00 “Buy” recommendation.
• Institutional ownership stands at 92.48%, with several major investors significantly increasing their stakes. Shares rose $0.70 to $8.63 during Wednesday trading.

Webull Corporation (NASDAQ:BULL - Get Free Report) saw unusually large options trading on Wednesday. Traders acquired 139,347 call options on the company. This is an increase of 93% compared to the typical volume of 72,167 call options.

Analyst Ratings Changes

BULL has been the topic of a number of recent analyst reports. Weiss Ratings lowered shares of Webull from a "sell (d-)" rating to a "sell (e+)" rating in a research report on Tuesday, August 4th. Rosenblatt Securities reiterated a "buy" rating and issued a $13.00 target price on shares of Webull in a report on Tuesday. Finally, Wall Street Zen cut shares of Webull from a "hold" rating to a "sell" rating in a report on Saturday, May 2nd. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $13.33.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Yong Rong HK Asset Management Ltd bought a new position in shares of Webull during the fourth quarter valued at $38,850,000. State Street Corp grew its holdings in shares of Webull by 23,123.1% in the 4th quarter. State Street Corp now owns 4,342,717 shares of the company's stock worth $33,743,000 after purchasing an additional 4,324,017 shares during the last quarter. Goldman Sachs Group Inc. increased its position in shares of Webull by 491.2% during the 4th quarter. Goldman Sachs Group Inc. now owns 2,675,558 shares of the company's stock worth $20,789,000 after purchasing an additional 3,359,441 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Webull by 938.5% during the 4th quarter. Geode Capital Management LLC now owns 3,633,150 shares of the company's stock worth $28,230,000 after purchasing an additional 3,283,295 shares in the last quarter. Finally, Millennium Management LLC lifted its holdings in Webull by 336.5% during the 4th quarter. Millennium Management LLC now owns 3,433,314 shares of the company's stock valued at $26,677,000 after purchasing an additional 2,646,701 shares during the last quarter. Institutional investors own 92.48% of the company's stock.

Webull Price Performance

Shares of BULL stock traded up $0.70 during mid-day trading on Wednesday, reaching $8.63. The company's stock had a trading volume of 20,356,316 shares, compared to its average volume of 11,733,385. Webull has a 1-year low of $4.50 and a 1-year high of $16.04. The company has a market cap of $4.59 billion, a P/E ratio of -7.41 and a beta of 0.53. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.35 and a current ratio of 1.35. The firm's 50-day moving average is $7.26 and its two-hundred day moving average is $6.49.

About Webull

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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