SummitTX Capital L.P. Grows Stock Holdings in Webull Corporation $BULL

SummitTX Capital L.P. grew its stake in shares of Webull Corporation (NASDAQ:BULL) by 126.0% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 245,192 shares of the company’s stock after acquiring an additional 136,716 shares during the period. SummitTX Capital L.P.’s holdings in Webull were worth $1,177,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the company. Geode Capital Management LLC purchased a new stake in Webull in the second quarter worth about $3,810,000. Quantbot Technologies LP purchased a new position in Webull during the 2nd quarter valued at about $71,000. Sandia Investment Management LP purchased a new position in Webull during the 2nd quarter valued at about $771,000. Cable Car Capital LP bought a new stake in shares of Webull in the 2nd quarter valued at about $1,046,000. Finally, AQR Arbitrage LLC bought a new stake in shares of Webull in the 2nd quarter valued at about $1,747,000. Hedge funds and other institutional investors own 92.48% of the company’s stock.

Analyst Upgrades and Downgrades

BULL has been the subject of a number of analyst reports. Wall Street Zen lowered Webull from a “hold” rating to a “sell” rating in a report on Saturday, May 2nd. Rosenblatt Securities boosted their price target on Webull from $12.00 to $13.00 and gave the stock a “buy” rating in a research report on Thursday, July 16th. Finally, Weiss Ratings upgraded Webull from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Monday, July 20th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Webull presently has an average rating of “Moderate Buy” and a consensus price target of $13.33.

Webull Trading Down 3.6%

Shares of NASDAQ:BULL opened at $7.01 on Thursday. The business’s 50-day moving average is $6.86 and its 200 day moving average is $6.54. Webull Corporation has a 1 year low of $4.50 and a 1 year high of $17.08. The firm has a market capitalization of $3.73 billion, a P/E ratio of -6.04 and a beta of 0.55. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.35 and a quick ratio of 1.35.

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.