Webull (NASDAQ:BULL) President Sells 53,846 Shares

Webull Corporation (NASDAQ:BULL) President Anthony Michael Denier sold 53,846 shares of the business’s stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $9.58, for a total transaction of $515,844.68. Following the sale, the president directly owned 2,278,449 shares in the company, valued at approximately $21,827,541.42. This represents a 2.31% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Anthony Michael Denier also recently made the following trade(s):

• On Tuesday, August 25th, Anthony Michael Denier sold 53,848 shares of Webull stock. The stock was sold at an average price of $8.83, for a total transaction of $475,477.84.

Webull Stock Down 1.7%

Shares of BULL traded down $0.17 during trading hours on Tuesday, reaching $9.57. 11,688,613 shares of the company traded hands, compared to its average volume of 18,590,630. The business has a fifty day moving average price of $8.00 and a 200-day moving average price of $6.79. Webull Corporation has a 12-month low of $4.50 and a 12-month high of $16.04. The stock has a market capitalization of $5.09 billion, a P/E ratio of 119.64 and a beta of 0.58.

Webull (NASDAQ:BULL) last issued its quarterly earnings results on Wednesday, August 19th. The company reported $0.12 EPS for the quarter, topping analysts’ consensus estimates of $0.01 by $0.11. The company had revenue of $198.83 million during the quarter. Webull had a return on equity of 5.95% and a net margin of 6.26%.The firm’s quarterly revenue was up 51.2% on a year-over-year basis. As a group, research analysts predict that Webull Corporation will post 0.14 EPS for the current fiscal year.

Wall Street Analyst Weigh In

BULL has been the subject of a number of recent research reports. Scotiabank initiated coverage on shares of Webull in a research report on Wednesday, September 2nd. They set a “sector perform” rating and a $9.00 price target for the company. Wall Street Zen raised shares of Webull from a “sell” rating to a “hold” rating in a report on Saturday, August 22nd. Rosenblatt Securities restated a “buy” rating and set a $15.00 target price on shares of Webull in a research report on Friday, August 28th. Finally, Weiss Ratings raised Webull from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, August 19th. Two equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Webull presently has an average rating of “Hold” and an average target price of $11.00.

Institutional Investors Weigh In On Webull

Hedge funds and other institutional investors have recently made changes to their positions in the company. Legal & General Group Plc purchased a new position in shares of Webull during the 3rd quarter valued at approximately $26,000. Osaic Holdings Inc. purchased a new stake in Webull during the second quarter worth $30,000. Los Angeles Capital Management LLC acquired a new stake in Webull during the fourth quarter valued at $34,000. Tower Research Capital LLC TRC purchased a new position in Webull in the second quarter valued at $69,000. Finally, Quantbot Technologies LP purchased a new position in Webull in the second quarter valued at $71,000. Institutional investors and hedge funds own 92.48% of the company’s stock.

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.