Investors Purchase High Volume of Webull Call Options (NASDAQ:BULL)

Webull Corporation (NASDAQ:BULL) saw unusually large options trading activity on Wednesday. Traders acquired 139,347 call options on the stock. This is an increase of approximately 93% compared to the typical volume of 72,167 call options.

Webull Trading Up 8.9%

Shares of NASDAQ BULL traded up $0.70 during midday trading on Wednesday, hitting $8.63. The stock had a trading volume of 20,356,316 shares, compared to its average volume of 11,733,385. The firm has a market cap of $4.59 billion, a P/E ratio of -7.41 and a beta of 0.53. Webull has a fifty-two week low of $4.50 and a fifty-two week high of $16.04. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.35 and a quick ratio of 1.35. The company’s 50-day simple moving average is $7.26 and its 200 day simple moving average is $6.49.

Analyst Ratings Changes

Several brokerages have recently commented on BULL. Weiss Ratings downgraded Webull from a “sell (d-)” rating to a “sell (e+)” rating in a report on Tuesday, August 4th. Wall Street Zen cut Webull from a “hold” rating to a “sell” rating in a report on Saturday, May 2nd. Finally, Rosenblatt Securities reiterated a “buy” rating and issued a $13.00 price objective on shares of Webull in a research report on Tuesday. One 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 assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $13.33.

Institutional Trading of Webull

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Legal & General Group Plc acquired a new stake in shares of Webull during the 3rd quarter worth approximately $26,000. Osaic Holdings Inc. acquired a new position in Webull in the second quarter valued at approximately $30,000. Los Angeles Capital Management LLC acquired a new position in Webull in the fourth quarter valued at approximately $34,000. Ritter Alpha LP bought a new position in Webull in the first quarter valued at approximately $48,000. Finally, Versant Capital Management Inc boosted its stake in Webull by 79.8% in the second quarter. Versant Capital Management Inc now owns 7,335 shares of the company’s stock valued at $48,000 after acquiring an additional 3,255 shares during the last quarter. 92.48% of the stock is owned by institutional investors.

Webull Company Profile

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.