Sequoia Financial Advisors LLC Acquires New Holdings in Webull Corporation $BULL

Sequoia Financial Advisors LLC acquired a new stake in Webull Corporation (NASDAQ:BULL) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 10,000 shares of the company’s stock, valued at approximately $120,000.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on BULL shares. Northland Securities started coverage on shares of Webull in a research note on Thursday, September 4th. They issued an “outperform” rating and a $18.00 price objective on the stock. Wall Street Zen raised shares of Webull from a “sell” rating to a “hold” rating in a research note on Friday, August 22nd. Zacks Research upgraded shares of Webull to a “hold” rating in a report on Friday, September 5th. Rosenblatt Securities started coverage on shares of Webull in a report on Thursday, September 25th. They issued a “buy” rating and a $19.00 target price on the stock. Finally, Northland Capmk upgraded shares of Webull to a “strong-buy” rating in a report on Thursday, September 4th. One equities research 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 given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $18.50.

Webull Trading Up 2.3%

NASDAQ:BULL opened at $11.08 on Friday. The stock has a market cap of $5.48 billion, a price-to-earnings ratio of -9.89 and a beta of -0.15. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.42 and a current ratio of 1.42. The company has a 50-day moving average price of $13.44. Webull Corporation has a 12-month low of $9.54 and a 12-month high of $79.56.

About Webull

Webull Corp. engages in the provision of financial services. It offers trading, wealth management product distribution, market data and information, user community, and investor education. The company was founded by An Quan Wang in 2016 and is headquartered in St. Petersburg, FL.