Webull (NASDAQ:BULL) Trading Up 9.2% - Here's Why

Key Points

• Webull (BULL) stock jumped about 9.2% intraday to roughly $5.76 on Tuesday, with ~4.4 million shares traded, about 59% below its average daily volume.
• Analyst views are mixed but MarketBeat shows a consensus of “Moderate Buy” with a $13.00 target, reflecting one Strong Buy, two Buy, one Hold and one Sell rating and some recent price-target cuts.
• Institutions own roughly 92.48% of the stock, with recent large stakes added by Lunate Capital, State Street, Goldman Sachs and Geode, while the company has a $2.87 billion market cap and a negative P/E (-4.85).

Webull Corporation (NASDAQ:BULL - Get Free Report)'s stock price was up 9.2% during mid-day trading on Tuesday . The stock traded as high as $5.75 and last traded at $5.7650. Approximately 4,399,910 shares changed hands during trading, a decline of 59% from the average daily volume of 10,723,704 shares. The stock had previously closed at $5.28.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on BULL shares. Weiss Ratings reiterated a "sell (d-)" rating on shares of Webull in a report on Friday, March 27th. Zacks Research downgraded shares of Webull from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, February 10th. Wall Street Zen raised shares of Webull from a "sell" rating to a "hold" rating in a research report on Sunday, March 15th. Rosenblatt Securities lowered their price target on Webull from $15.00 to $12.00 and set a "buy" rating on the stock in a research report on Thursday, March 5th. Finally, Compass Point assumed coverage on Webull in a research report on Monday, March 9th. They issued a "buy" rating and a $9.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $13.00.

Webull Trading Up 8.2%

The firm has a market capitalization of $2.87 billion, a price-to-earnings ratio of -4.85 and a beta of 0.11. The business has a 50-day moving average of $5.57 and a two-hundred day moving average of $8.23. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.06.

Institutional Investors Weigh In On Webull

A number of institutional investors have recently added to or reduced their stakes in BULL. Lunate Capital Ltd acquired a new stake in Webull during the third quarter worth about $231,084,000. Yong Rong HK Asset Management Ltd bought a new position in Webull during the fourth quarter worth about $38,850,000. State Street Corp lifted its stake in Webull by 23,123.1% during the fourth 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 period. Goldman Sachs Group Inc. lifted its stake in Webull by 491.2% during the fourth 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 during the period. Finally, Geode Capital Management LLC lifted its stake in Webull by 938.5% during the fourth 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 during the period. 92.48% of the stock is owned by institutional investors and hedge funds.

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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