Webull Sees Unusually High Options Volume (NASDAQ:BULL)

Webull Corporation (NASDAQ:BULLGet Free Report) was the recipient of some unusual options trading on Tuesday. Stock traders acquired 118,781 call options on the stock. This is an increase of approximately 78% compared to the typical daily volume of 66,584 call options.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Legal & General Group Plc acquired a new position in Webull in the third quarter valued at approximately $26,000. Osaic Holdings Inc. acquired a new stake in Webull during the 2nd quarter valued at $30,000. Los Angeles Capital Management LLC acquired a new position in shares of Webull in the fourth quarter worth $34,000. Jones Financial Companies Lllp increased its stake in shares of Webull by 860.7% in the third quarter. Jones Financial Companies Lllp now owns 2,959 shares of the company’s stock worth $45,000 after acquiring an additional 2,651 shares during the last quarter. Finally, Tower Research Capital LLC TRC bought a new stake in Webull in the second quarter worth $69,000. 92.48% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the company. Rosenblatt Securities lowered their target price on Webull from $15.00 to $12.00 and set a “buy” rating for the company in a report on Thursday, March 5th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Webull in a report on Friday, March 27th. Zacks Research lowered Webull from a “strong-buy” rating to a “hold” rating in a 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 on the stock. Finally, Wall Street Zen raised Webull from a “sell” rating to a “hold” rating in a research note on Sunday, March 15th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $13.00.

View Our Latest Stock Analysis on BULL

Key Stories Impacting Webull

Here are the key news stories impacting Webull this week:

Webull Trading Up 1.3%

Shares of BULL stock traded up $0.09 during mid-day trading on Thursday, hitting $6.56. 10,825,826 shares of the company’s stock were exchanged, compared to its average volume of 11,257,857. Webull has a fifty-two week low of $4.50 and a fifty-two week high of $38.61. The stock has a market cap of $3.29 billion, a price-to-earnings ratio of -5.56 and a beta of 0.11. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.06. The stock has a 50-day simple moving average of $5.55 and a two-hundred day simple moving average of $8.15.

Webull Company Profile

(Get Free Report)

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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