Janus Henderson Group PLC Sells 197,097 Shares of Bullish $BLSH

Janus Henderson Group PLC trimmed its stake in Bullish (NYSE:BLSH) by 15.9% during the 1st quarter, HoldingsChannel.com reports. The firm owned 1,041,216 shares of the company’s stock after selling 197,097 shares during the period. Janus Henderson Group PLC’s holdings in Bullish were worth $37,203,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in BLSH. Rakuten Securities Inc. bought a new stake in shares of Bullish in the fourth quarter valued at about $28,000. MetLife Investment Management LLC bought a new position in Bullish during the fourth quarter valued at about $30,000. Strs Ohio acquired a new position in Bullish in the 4th quarter valued at approximately $30,000. SteelPeak Wealth LLC raised its holdings in Bullish by 13.5% in the 1st quarter. SteelPeak Wealth LLC now owns 8,577 shares of the company’s stock valued at $306,000 after acquiring an additional 1,019 shares in the last quarter. Finally, Newbridge Financial Services Group Inc. lifted its position in shares of Bullish by 40.1% in the 4th quarter. Newbridge Financial Services Group Inc. now owns 4,435 shares of the company’s stock worth $168,000 after acquiring an additional 1,270 shares during the period.

More Bullish News

Here are the key news stories impacting Bullish this week:

• Positive Sentiment: Bullish will release its second-quarter 2026 results on August 13 before hosting an earnings conference call at 8:30 a.m. ET. The scheduled event gives investors a near-term catalyst to assess trading volumes, revenue growth, profitability and management’s outlook. Bullish to announce second quarter 2026 financial results
• Neutral Sentiment: The company disclosed approximately 159.6 million fully diluted shares based on the June 30 closing price, versus 160.7 million shares calculated using the second-quarter average price. The release also highlighted Bullish Exchange, its MiCAR-regulated European operations and CoinDesk, but offered no preliminary Q2 financial figures or forecast. Bullish Announces Second Quarter 2026 Earnings Release Date and Conference Call
• Negative Sentiment: Ark Invest reportedly trimmed its positions in Bullish along with other crypto-related holdings, adding to potential supply pressure and signaling reduced exposure from a notable thematic investor. Cathie Wood’s Ark Invest trims crypto-related holdings
• Negative Sentiment: Quiver’s data shows Bullish CEO Thomas Farley made nine open-market sales totaling about 160,494 shares over the past six months, with no reported purchases. This insider-selling pattern may weigh on sentiment, although the transactions do not necessarily indicate a change in the company’s fundamentals.
• Negative Sentiment: The company’s previous reported quarter showed strong year-over-year revenue growth but missed the consensus earnings estimate and posted a deeply negative net margin. Investors may therefore be looking for evidence that growth is translating into sustainable profitability when Q2 results are released.

Insider Transactions at Bullish

In other Bullish news, CEO Thomas W. Farley sold 80,000 shares of the company’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $43.95, for a total transaction of $3,516,000.00. Following the transaction, the chief executive officer directly owned 80,000 shares in the company, valued at approximately $3,516,000. This represents a 50.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Analysts Set New Price Targets

Several analysts have recently weighed in on the company. Weiss Ratings reissued a “sell (d)” rating on shares of Bullish in a report on Wednesday, June 24th. Wall Street Zen raised shares of Bullish from a “sell” rating to a “hold” rating in a report on Monday. Zacks Research cut Bullish from a “hold” rating to a “strong sell” rating in a report on Monday, July 13th. Cantor Fitzgerald boosted their price objective on Bullish from $39.00 to $43.00 and gave the stock an “overweight” rating in a research note on Friday, May 15th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $61.00 target price on shares of Bullish in a report on Friday, May 15th. Four research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $50.67.

Bullish Trading Up 0.4%

BLSH stock opened at $21.88 on Monday. The company has a quick ratio of 25.23, a current ratio of 26.42 and a debt-to-equity ratio of 0.18. Bullish has a twelve month low of $20.55 and a twelve month high of $118.00. The company has a market cap of $3.30 billion and a P/E ratio of -3.34. The business has a fifty day moving average of $26.07 and a 200-day moving average of $32.80.

Bullish (NYSE:BLSH) last posted its quarterly earnings results on Thursday, May 14th. The company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by ($0.04). The firm had revenue of $92.83 million during the quarter. Bullish had a negative net margin of 314.40% and a positive return on equity of 1.82%. The company’s revenue was up 48.8% on a year-over-year basis. As a group, equities research analysts expect that Bullish will post 0.54 EPS for the current year.

Bullish Profile

Bullish (NYSE: BLSH) is a company that develops and operates digital asset market infrastructure, including a cryptocurrency trading platform and related technology services. The firm’s stated activities focus on providing exchange services, market structure and trading technology designed to support the listing, execution and clearing of digital assets. Bullish positions itself as a bridge between traditional capital markets practices and the evolving cryptocurrency ecosystem.

The business was announced in connection with Block.one, the software developer known for its work on the EOS blockchain, and was formed with the intent of creating a regulated, institutional-grade marketplace for digital assets.