Entropy Technologies LP cut its stake in shares of Webull Corporation (NASDAQ:BULL – Free Report) by 85.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 49,010 shares of the company’s stock after selling 287,922 shares during the quarter. Entropy Technologies LP’s holdings in Webull were worth $235,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also bought and sold shares of the stock. Geode Capital Management LLC bought a new stake in Webull in the second quarter valued at $3,810,000. Quantbot Technologies LP acquired a new position in shares of Webull during the second quarter valued at about $71,000. Sandia Investment Management LP acquired a new position in shares of Webull during the second quarter valued at about $771,000. Cable Car Capital LP bought a new position in shares of Webull during the 2nd quarter worth about $1,046,000. Finally, AQR Arbitrage LLC bought a new position in shares of Webull during the 2nd quarter worth about $1,747,000. 92.48% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
Several brokerages have recently commented on BULL. Rosenblatt Securities raised their target price on Webull from $12.00 to $13.00 and gave the company a “buy” rating in a research note on Thursday, July 16th. Wall Street Zen downgraded Webull from a “hold” rating to a “sell” rating in a research note on Saturday, May 2nd. Finally, Weiss Ratings upgraded Webull from a “sell (e+)” rating to a “sell (d-)” rating in a report on Monday, July 20th. One research 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 issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $13.33.
Webull Stock Performance
Shares of BULL stock opened at $7.06 on Friday. The firm has a market capitalization of $3.75 billion, a PE ratio of -6.09 and a beta of 0.55. The firm has a fifty day simple moving average of $6.89 and a two-hundred day simple moving average of $6.53. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.06. Webull Corporation has a 12 month low of $4.50 and a 12 month high of $17.08.
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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