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

Webull Corporation (NASDAQ:BULL) saw some unusual options trading on Wednesday. Stock investors bought 122,331 call options on the company. This is an increase of 65% compared to the typical volume of 74,078 call options.

Analyst Ratings Changes

A number of analysts recently commented on the company. Weiss Ratings raised Webull from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, June 3rd. Zacks Research downgraded Webull from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 10th. Compass Point began coverage on Webull in a research report on Monday, March 9th. They issued a “buy” rating and a $9.00 target price for the company. Wall Street Zen downgraded Webull from a “hold” rating to a “sell” rating in a research report on Saturday, May 2nd. Finally, Rosenblatt Securities reissued a “buy” rating and issued a $12.00 target price on shares of Webull in a research report on Wednesday. One investment 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’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $13.00.

Webull Stock Performance

NASDAQ:BULL traded up $0.62 during trading hours on Wednesday, reaching $6.12. The stock had a trading volume of 25,648,561 shares, compared to its average volume of 12,392,227. 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 stock has a 50 day simple moving average of $6.27 and a 200 day simple moving average of $6.95. Webull has a 12-month low of $4.50 and a 12-month high of $18.32. The stock has a market cap of $3.25 billion, a P/E ratio of -5.28 and a beta of 0.56.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of BULL. Lunate Capital Ltd purchased a new position in Webull during the third quarter worth about $231,084,000. Coatue Management LLC grew its position in Webull by 0.6% during the third quarter. Coatue Management LLC now owns 11,522,483 shares of the company’s stock worth $170,418,000 after buying an additional 74,334 shares in the last quarter. HSG Holding Ltd grew its position in Webull by 1.0% during the third quarter. HSG Holding Ltd now owns 9,553,639 shares of the company’s stock worth $141,298,000 after buying an additional 96,359 shares in the last quarter. General Atlantic L.P. grew its position in Webull by 0.7% during the third quarter. General Atlantic L.P. now owns 7,198,867 shares of the company’s stock worth $106,471,000 after buying an additional 50,816 shares in the last quarter. Finally, Yong Rong HK Asset Management Ltd purchased a new position in Webull during the fourth quarter worth about $38,850,000. 92.48% of the stock is owned by institutional investors.

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.