Insider Selling: Webull (NASDAQ:BULL) President Sells $475,477.84 in Stock

Webull Corporation (NASDAQ:BULL) President Anthony Michael Denier sold 53,848 shares of the business’s stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $8.83, for a total value of $475,477.84. Following the transaction, the president owned 2,332,295 shares in the company, valued at approximately $20,594,164.85. This represents a 2.26% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Webull Price Performance

Shares of NASDAQ BULL opened at $8.94 on Wednesday. Webull Corporation has a 1-year low of $4.50 and a 1-year high of $16.04. The company has a market capitalization of $4.75 billion, a price-to-earnings ratio of 111.76 and a beta of 0.53. The business has a 50-day moving average of $7.47 and a 200-day moving average of $6.56.

Webull (NASDAQ:BULL) last announced its earnings results on Wednesday, August 19th. The company reported $0.12 EPS for the quarter, beating the consensus estimate of $0.01 by $0.11. The business 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. Research analysts expect that Webull Corporation will post 0.06 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Yong Rong HK Asset Management Ltd bought a new stake in Webull in the fourth quarter valued at $38,850,000. State Street Corp raised its position in shares of Webull by 23,123.1% during the 4th quarter. State Street Corp now owns 4,342,717 shares of the company’s stock worth $33,743,000 after buying an additional 4,324,017 shares in the last quarter. Geode Capital Management LLC lifted its stake in shares of Webull by 938.5% in the 4th quarter. Geode Capital Management LLC now owns 3,633,150 shares of the company’s stock worth $28,230,000 after acquiring an additional 3,283,295 shares during the period. Millennium Management LLC raised its stake in shares of Webull by 336.5% in the 4th quarter. Millennium Management LLC now owns 3,433,314 shares of the company’s stock worth $26,677,000 after buying an additional 2,646,701 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its holdings in shares of Webull by 491.2% in the fourth quarter. Goldman Sachs Group Inc. now owns 2,675,558 shares of the company’s stock valued at $20,789,000 after buying an additional 3,359,441 shares during the period. Institutional investors and hedge funds own 92.48% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently issued reports on BULL shares. Weiss Ratings upgraded shares of Webull from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, August 19th. Rosenblatt Securities upped their target price on shares of Webull from $13.00 to $15.00 and gave the company a “buy” rating in a research note on Thursday, August 20th. Finally, Wall Street Zen raised shares of Webull from a “sell” rating to a “hold” rating in a report on Saturday. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $14.00.

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.