Tudor Investment Corp ET AL Takes Position in Bullish $BLSH

Tudor Investment Corp ET AL purchased a new position in shares of Bullish (NYSE:BLSH) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 159,152 shares of the company’s stock, valued at approximately $10,124,000.

Several other large investors also recently bought and sold shares of the stock. Tradewinds Capital Management LLC acquired a new stake in shares of Bullish during the third quarter worth about $25,000. Ameritas Advisory Services LLC purchased a new position in Bullish during the 3rd quarter worth approximately $29,000. CWM LLC acquired a new position in Bullish during the third quarter worth approximately $31,000. 10Elms LLP purchased a new stake in Bullish in the third quarter valued at approximately $32,000. Finally, Tsfg LLC acquired a new stake in shares of Bullish in the third quarter valued at approximately $45,000.

Bullish Price Performance

Shares of NYSE:BLSH opened at $38.06 on Monday. Bullish has a 52 week low of $24.79 and a 52 week high of $118.00. The company has a 50-day moving average price of $34.34 and a 200 day moving average price of $44.43. The company has a market cap of $5.74 billion and a P/E ratio of 380.55. The company has a quick ratio of 27.69, a current ratio of 29.28 and a debt-to-equity ratio of 0.15.

Bullish (NYSE:BLSH) last issued its earnings results on Thursday, February 5th. The company reported ($3.73) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.16 by ($3.89). Bullish had a negative return on equity of 10.58% and a negative net margin of 0.95%.The business had revenue of $92.50 million for the quarter. During the same period last year, the business posted $1.37 earnings per share. The company’s quarterly revenue was up 67.6% on a year-over-year basis.

Analyst Upgrades and Downgrades

BLSH has been the topic of a number of recent research reports. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $50.00 target price on shares of Bullish in a report on Tuesday, January 6th. JPMorgan Chase & Co. reduced their target price on shares of Bullish from $42.00 to $41.00 and set a “neutral” rating for the company in a report on Friday, February 6th. Canaccord Genuity Group decreased their target price on shares of Bullish from $68.00 to $50.00 and set a “buy” rating for the company in a research note on Monday, November 24th. Rosenblatt Securities reduced their price objective on Bullish from $52.00 to $39.00 and set a “buy” rating for the company in a research note on Friday, February 6th. Finally, Wall Street Zen raised Bullish from a “sell” rating to a “hold” rating in a research report on Monday, February 23rd. Five analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $51.92.

Bullish News Roundup

Here are the key news stories impacting Bullish this week:

• Positive Sentiment: Bullish is named as an early participant in Hashi, a new Sui-based BTC finance primitive that aims to enable BTC-backed lending and yield — participation with BitGo and other institutional backers could expand Bullish’s product set and institutional revenue opportunities. Sui Foundation and Industry Giants Launch Hashi Bitcoin Finance Primitive Bitcoin finance protocol Hashi launches on Sui with BitGo, FalconX backing
• Neutral Sentiment: Broader crypto market moves (e.g., Dogecoin/Shiba Inu volatility) are creating intermittent sentiment swings across crypto-linked equities but are not specific catalysts for Bullish’s fundamentals. Dogecoin Flips Bullish After Elon Musk Video, But Shiba Inu Skyrockets 5%
• Negative Sentiment: Citigroup issued a pessimistic forecast on Bullish, a clear near-term negative that likely pressured the stock as investors reacted to a sell-side downgrade/price-target cut. Citigroup Issues Pessimistic Forecast for Bullish (NYSE:BLSH) Stock Price
• Negative Sentiment: Recent quarterly results showed a sizable EPS miss (reported loss vs. consensus), a very high trailing P/E, and the shares sit below the 200-day moving average — factors that increase downside sensitivity to negative analyst notes or macro weakness. (Company Q4 results and metrics summarized from recent filings and market data.)

About Bullish

Bullish (NYSE: BLSH) is a company that develops and operates digital asset market infrastructure, including a cryptocurrency trading platform and related technology services. The firm’s stated activities focus on providing exchange services, market structure and trading technology designed to support the listing, execution and clearing of digital assets. Bullish positions itself as a bridge between traditional capital markets practices and the evolving cryptocurrency ecosystem.

The business was announced in connection with Block.one, the software developer known for its work on the EOS blockchain, and was formed with the intent of creating a regulated, institutional-grade marketplace for digital assets.