Webull (NASDAQ:BULL) President Sells $515,844.68 in Stock

Webull Corporation (NASDAQ:BULL) President Anthony Michael Denier sold 53,846 shares of Webull stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $9.58, for a total transaction of $515,844.68. Following the sale, the president directly owned 2,278,449 shares of the company’s stock, valued at $21,827,541.42. This represents a 2.31% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 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, 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 value of $475,477.84.

Webull Stock Performance

NASDAQ BULL traded down $0.17 on Tuesday, reaching $9.57. 11,688,613 shares of the stock traded hands, compared to its average volume of 18,590,630. Webull Corporation has a 12 month low of $4.50 and a 12 month high of $16.04. The company has a market cap of $5.09 billion, a price-to-earnings ratio of 119.64 and a beta of 0.58. The company has a fifty day moving average price of $8.00 and a 200-day moving average price of $6.79.

Webull (NASDAQ:BULL) last announced its quarterly 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. Webull had a return on equity of 5.95% and a net margin of 6.26%.The firm had revenue of $198.83 million for the quarter. The business’s quarterly revenue was up 51.2% compared to the same quarter last year. As a group, research analysts anticipate that Webull Corporation will post 0.14 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Legal & General Group Plc acquired a new stake in Webull in the third quarter valued at approximately $26,000. NewEdge Advisors LLC raised its stake in Webull by 7.9% in the fourth quarter. NewEdge Advisors LLC now owns 25,918 shares of the company’s stock valued at $201,000 after buying an additional 1,895 shares during the last quarter. Osaic Holdings Inc. acquired a new stake in Webull in the second quarter worth about $30,000. Greenland Capital Management LP boosted its holdings in Webull by 0.3% in the second quarter. Greenland Capital Management LP now owns 1,158,725 shares of the company’s stock worth $2,225,000 after acquiring an additional 2,912 shares in the last quarter. Finally, Versant Capital Management Inc grew its stake in shares of Webull by 79.8% during the second quarter. Versant Capital Management Inc now owns 7,335 shares of the company’s stock worth $48,000 after acquiring an additional 3,255 shares during the last quarter. Hedge funds and other institutional investors own 92.48% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the stock. Weiss Ratings raised shares of Webull from a “sell (e+)” rating to a “sell (d-)” rating in a report on Wednesday, August 19th. Scotiabank initiated coverage on Webull in a report on Wednesday, September 2nd. They set a “sector perform” rating and a $9.00 target price for the company. Wall Street Zen upgraded Webull from a “sell” rating to a “hold” rating in a report on Saturday, August 22nd. Finally, Rosenblatt Securities reissued a “buy” rating and issued a $15.00 price target on shares of Webull in a research report on Friday, August 28th. Two equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $11.00.

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.