Tudor Investment Corp ET AL Buys New Holdings in Bullish $BLSH

Tudor Investment Corp ET AL bought a new stake in shares of Bullish (NYSE:BLSH) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 159,152 shares of the company’s stock, valued at approximately $10,124,000. Tudor Investment Corp ET AL owned approximately 0.11% of Bullish at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of BLSH. Sumitomo Mitsui Trust Group Inc. acquired a new position in Bullish in the 3rd quarter valued at $91,782,000. Nwam LLC acquired a new position in shares of Bullish during the 3rd quarter worth approximately $4,540,000. WINTON GROUP Ltd acquired a new stake in shares of Bullish in the third quarter valued at approximately $7,099,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in shares of Bullish during the 3rd quarter worth $2,723,000. Finally, Monashee Investment Management LLC acquired a new position in Bullish in the 3rd quarter valued at about $3,180,000.

Bullish Stock Performance

Shares of Bullish stock opened at $38.06 on Monday. The business has a 50-day simple moving average of $34.34 and a 200-day simple moving average of $44.43. The company has a debt-to-equity ratio of 0.15, a quick ratio of 27.69 and a current ratio of 29.28. Bullish has a one year low of $24.79 and a one year high of $118.00. The company has a market cap of $5.74 billion and a PE ratio of 380.55.

Bullish (NYSE:BLSH) last posted its quarterly earnings results on Thursday, February 5th. The company reported ($3.73) EPS for the quarter, missing the consensus estimate of $0.16 by ($3.89). Bullish had a negative return on equity of 10.58% and a negative net margin of 0.95%.The firm had revenue of $92.50 million for the quarter. During the same period in the previous year, the business earned $1.37 EPS. The firm’s quarterly revenue was up 67.6% compared to the same quarter last year.

Key Bullish News

Here are the key news stories impacting Bullish this week:

• Positive Sentiment: Bullish is named as an early participant in Hashi, a new Sui-based BTC finance primitive that aims to enable BTC-backed lending and yield — participation with BitGo and other institutional backers could expand Bullish’s product set and institutional revenue opportunities. Sui Foundation and Industry Giants Launch Hashi Bitcoin Finance Primitive Bitcoin finance protocol Hashi launches on Sui with BitGo, FalconX backing
• Neutral Sentiment: Broader crypto market moves (e.g., Dogecoin/Shiba Inu volatility) are creating intermittent sentiment swings across crypto-linked equities but are not specific catalysts for Bullish’s fundamentals. Dogecoin Flips Bullish After Elon Musk Video, But Shiba Inu Skyrockets 5%
• Negative Sentiment: Citigroup issued a pessimistic forecast on Bullish, a clear near-term negative that likely pressured the stock as investors reacted to a sell-side downgrade/price-target cut. Citigroup Issues Pessimistic Forecast for Bullish (NYSE:BLSH) Stock Price
• Negative Sentiment: Recent quarterly results showed a sizable EPS miss (reported loss vs. consensus), a very high trailing P/E, and the shares sit below the 200-day moving average — factors that increase downside sensitivity to negative analyst notes or macro weakness. (Company Q4 results and metrics summarized from recent filings and market data.)

Analysts Set New Price Targets

Several research firms have issued reports on BLSH. Wall Street Zen raised Bullish from a “sell” rating to a “hold” rating in a research note on Monday, February 23rd. Weiss Ratings reissued a “sell (d)” rating on shares of Bullish in a research report on Monday, December 29th. JPMorgan Chase & Co. dropped their price objective on Bullish from $42.00 to $41.00 and set a “neutral” rating for the company in a research note on Friday, February 6th. Sanford C. Bernstein reissued a “market perform” rating and set a $50.00 target price on shares of Bullish in a research note on Tuesday, January 6th. Finally, Citigroup cut their price target on shares of Bullish from $67.00 to $65.00 and set a “buy” rating on the stock in a research note on Wednesday, March 18th. Five research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Bullish currently has an average rating of “Hold” and a consensus target price of $51.92.

Bullish Profile

Bullish (NYSE: BLSH) is a company that develops and operates digital asset market infrastructure, including a cryptocurrency trading platform and related technology services. The firm’s stated activities focus on providing exchange services, market structure and trading technology designed to support the listing, execution and clearing of digital assets. Bullish positions itself as a bridge between traditional capital markets practices and the evolving cryptocurrency ecosystem.

The business was announced in connection with Block.one, the software developer known for its work on the EOS blockchain, and was formed with the intent of creating a regulated, institutional-grade marketplace for digital assets.