Webull Corporation (NASDAQ:BULL - Get Free Report) General Counsel Benjamin Worthy James sold 50,273 shares of the stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $9.02, for a total value of $453,462.46. Following the transaction, the general counsel directly owned 1,150,991 shares of the company's stock, valued at $10,381,938.82. This trade represents a 4.19% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.
Webull Stock Down 2.8%
BULL stock opened at $8.53 on Tuesday. The company has a market cap of $4.54 billion, a price-to-earnings ratio of 106.64 and a beta of 0.53. Webull Corporation has a twelve month low of $4.50 and a twelve month high of $16.04. The business has a 50 day moving average price of $7.43 and a two-hundred day moving average price of $6.54.
Webull (NASDAQ:BULL - Get Free Report) last announced its quarterly earnings data on Wednesday, August 19th. The company reported $0.12 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.01 by $0.11. The company had revenue of $198.83 million for the quarter. Webull had a return on equity of 5.95% and a net margin of 6.26%.The company's quarterly revenue was up 51.2% on a year-over-year basis. On average, equities research analysts anticipate that Webull Corporation will post 0.06 EPS for the current fiscal year.
Institutional Trading of Webull
Hedge funds have recently modified their holdings of the stock. Quantinno Capital Management LP bought a new stake in shares of Webull during the 1st quarter worth about $1,584,000. Yong Rong HK Asset Management Ltd acquired a new stake in Webull during the fourth quarter worth approximately $38,850,000. Renaissance Technologies LLC boosted its holdings in shares of Webull by 321.3% during the first quarter. Renaissance Technologies LLC now owns 1,535,199 shares of the company's stock worth $7,369,000 after acquiring an additional 1,170,799 shares during the period. Virtu Financial LLC bought a new stake in shares of Webull during the fourth quarter worth approximately $799,000. Finally, Healthcare of Ontario Pension Plan Trust Fund grew its position in shares of Webull by 112.6% in the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 738,600 shares of the company's stock valued at $3,545,000 after purchasing an additional 391,236 shares during the last quarter. Institutional investors and hedge funds own 92.48% of the company's stock.
Analyst Upgrades and Downgrades
Several brokerages recently issued reports on BULL. Weiss Ratings upgraded shares of Webull from a "sell (e+)" rating to a "sell (d-)" rating in a research note on Wednesday, August 19th. Wall Street Zen raised Webull from a "sell" rating to a "hold" rating in a research report on Saturday. Finally, Rosenblatt Securities upped their price objective on Webull from $13.00 to $15.00 and gave the company a "buy" rating in a research note on Thursday. 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 issued a Sell rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $14.00.
Check Out Our Latest Analysis on BULL
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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