Lunate Capital Ltd Acquires New Position in Webull Corporation $BULL

Lunate Capital Ltd acquired a new stake in Webull Corporation (NASDAQ:BULL) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 15,624,362 shares of the company’s stock, valued at approximately $231,084,000. Webull comprises about 34.8% of Lunate Capital Ltd’s portfolio, making the stock its biggest position. Lunate Capital Ltd owned about 3.16% of Webull as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of BULL. Sassicaia Capital Advisers LLC acquired a new stake in shares of Webull during the second quarter worth $1,770,000. General Atlantic L.P. acquired a new position in Webull in the second quarter valued at about $85,491,000. HSG Holding Ltd bought a new position in Webull during the second quarter worth about $113,109,000. Azora Capital LP boosted its holdings in Webull by 326.8% during the third quarter. Azora Capital LP now owns 3,289,043 shares of the company’s stock worth $48,645,000 after buying an additional 2,518,468 shares during the last quarter. Finally, Marshall Wace LLP acquired a new position in shares of Webull during the 2nd quarter worth about $14,771,000. Institutional investors and hedge funds own 92.48% of the company’s stock.

Webull Trading Up 3.0%

NASDAQ BULL opened at $5.47 on Wednesday. Webull Corporation has a one year low of $5.24 and a one year high of $79.56. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.33 and a quick ratio of 1.40. The firm has a market cap of $2.74 billion, a P/E ratio of -4.64 and a beta of -0.04. The stock’s 50-day moving average is $6.67 and its 200-day moving average is $9.35.

Analyst Ratings Changes

BULL has been the subject of a number of recent analyst reports. Compass Point started coverage on Webull in a research note on Monday, March 9th. They issued a “buy” rating and a $9.00 price target for the company. Zacks Research cut shares of Webull from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 10th. Wall Street Zen raised shares of Webull from a “sell” rating to a “hold” rating in a research note on Sunday. Rosenblatt Securities cut their target price on shares of Webull from $15.00 to $12.00 and set a “buy” rating on the stock in a report on Thursday, March 5th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Webull in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $13.00.

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.