Key Points
- Webull President Anthony Michael Denier sold 53,846 shares at an average price of $8.32, generating approximately $448,000. The transaction occurred under a pre-arranged Rule 10b5-1 trading plan and reduced his holdings by 2.36% to 2.22 million shares.
- Webull reported strong quarterly results, including $0.12 earnings per share versus the $0.01 consensus estimate and $198.83 million in revenue, up 51.2% year over year.
- Analysts maintain a consensus “Hold” rating with an average price target of $11.00, while institutional investors own 92.48% of the company. The stock recently traded near $8.09, compared with a 52-week range of $4.50 to $16.04.
Webull Corporation (NASDAQ:BULL - Get Free Report) President Anthony Michael Denier sold 53,846 shares of the company's stock in a transaction that occurred on Monday, September 21st. The shares were sold at an average price of $8.32, for a total transaction of $447,998.72. Following the transaction, the president owned 2,224,603 shares in the company, valued at $18,508,696.96. The trade was a 2.36% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 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, September 8th, Anthony Michael Denier sold 53,846 shares of Webull stock. The stock was sold at an average price of $9.58, for a total transaction of $515,844.68.
- 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 Price Performance
NASDAQ BULL opened at $8.09 on Wednesday. The stock's fifty day moving average price is $8.26 and its 200 day moving average price is $6.97. Webull Corporation has a 1 year low of $4.50 and a 1 year high of $16.04. The company has a market cap of $4.30 billion, a price-to-earnings ratio of 101.14 and a beta of 0.58.
Webull (NASDAQ:BULL - Get Free Report) 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. Research analysts expect that Webull Corporation will post 0.14 earnings per share for the current year.
Analyst Upgrades and Downgrades
A number of equities analysts have issued reports on BULL shares. Rosenblatt Securities reissued a "buy" rating and set a $15.00 price target on shares of Webull in a research report on Friday, August 28th. Weiss Ratings upgraded shares of Webull from a "sell (d-)" rating to a "sell (d)" rating in a research note on Monday, September 14th. Wall Street Zen raised shares of Webull from a "sell" rating to a "hold" rating in a report on Saturday, August 22nd. Finally, Scotiabank started coverage on shares of Webull in a report on Wednesday, September 2nd. They issued a "sector perform" rating and a $9.00 price target on the stock. Two equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $11.00.
View Our Latest Stock Analysis on Webull
Institutional Investors Weigh In On Webull
Several hedge funds have recently bought and sold shares of BULL. Tidal Investments LLC grew its stake in shares of Webull by 148.8% during the 2nd quarter. Tidal Investments LLC now owns 2,741,993 shares of the company's stock worth $17,878,000 after purchasing an additional 1,640,067 shares during the period. Renaissance Technologies LLC lifted its stake in shares of Webull by 321.3% in the 1st quarter. Renaissance Technologies LLC now owns 1,535,199 shares of the company's stock valued at $7,369,000 after purchasing an additional 1,170,799 shares during the period. Bank of New York Mellon Corp boosted its holdings in Webull by 1.7% during the first quarter. Bank of New York Mellon Corp now owns 748,970 shares of the company's stock worth $3,595,000 after buying an additional 12,828 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund boosted its holdings in Webull by 112.6% during the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 738,600 shares of the company's stock worth $3,545,000 after buying an additional 391,236 shares in the last quarter. Finally, WINTON GROUP Ltd grew its position in Webull by 319.2% during the fourth quarter. WINTON GROUP Ltd now owns 418,317 shares of the company's stock valued at $3,250,000 after buying an additional 318,526 shares during the period. Hedge funds and other institutional investors own 92.48% of the company's stock.
Webull Company Profile
(
Get Free Report)
Webull Corporation (NASDAQ: BULL) is a digital brokerage and financial technology company that operates an online investment platform for self-directed investors. Its platform is available through mobile applications, desktop software and a web interface, combining brokerage services with market data, research tools, charting capabilities and investor education resources.
Depending on the applicable jurisdiction, Webull provides access to products such as stocks, exchange-traded funds, options, fractional shares and cryptocurrency.
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