Webull (NASDAQ:BULL) President Sells $394,691.18 in Stock

Webull Corporation (NASDAQ:BULL) President Anthony Michael Denier sold 53,846 shares of the business’s stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $7.33, for a total value of $394,691.18. Following the sale, the president owned 2,170,757 shares in the company, valued at approximately $15,911,648.81. The trade was a 2.42% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Anthony Michael Denier also recently made the following trade(s):

• On Monday, September 21st, Anthony Michael Denier sold 53,846 shares of Webull stock. The shares were sold at an average price of $8.32, for a total transaction of $447,998.72.
• On Tuesday, September 8th, Anthony Michael Denier sold 53,846 shares of Webull stock. The stock was sold at an average price of $9.58, for a total transaction of $515,844.68.
• 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 transaction of $475,477.84.

Webull Price Performance

BULL stock opened at $5.89 on Thursday. Webull Corporation has a 52-week low of $4.50 and a 52-week high of $13.25. The company’s 50 day simple moving average is $8.15 and its 200-day simple moving average is $7.11. The firm has a market capitalization of $3.13 billion, a P/E ratio of 73.63 and a beta of 0.64.

Webull (NASDAQ:BULL) last posted its quarterly earnings data on Wednesday, August 19th. The company reported $0.12 EPS for the quarter, topping analysts’ consensus estimates of $0.01 by $0.11. Webull had a net margin of 6.26% and a return on equity of 5.95%. The firm had revenue of $198.83 million during the quarter. The firm’s revenue for the quarter was up 51.2% on a year-over-year basis. Sell-side analysts predict that Webull Corporation will post 0.14 EPS for the current fiscal year.

More Webull News

Here are the key news stories impacting Webull this week:

• Positive Sentiment: Webull’s recent operating results remain a supportive counterpoint: the company reported record quarterly revenue of approximately $198.8 million, up 51.2% year over year, and earnings of $0.12 per share, well above the $0.01 analyst consensus. The strong results could help limit the longer-term impact if regulatory concerns do not escalate.
• Positive Sentiment: The company joined X’s Cashtag Partner Program, potentially increasing visibility, user engagement and connections between market commentary and Webull’s trading platform. Webull joins X’s Cashtag Partner Program
• Neutral Sentiment: Unusual options activity included more than 100,000 call contracts, indicating elevated speculative interest but not necessarily a bullish fundamental shift.
• Negative Sentiment: The congressional allegations triggered multiple securities-fraud and shareholder investigations by law firms, increasing legal uncertainty and potential litigation costs. These announcements generally reflect attorney solicitations rather than confirmed wrongdoing or an established investor recovery. Rosen Law Firm investigation announcement
• Negative Sentiment: President Anthony Michael Denier sold 53,846 shares under a pre-arranged Rule 10b5-1 plan. The scheduled nature reduces its significance, but repeated insider sales can add to investor caution. Webull insider transaction filing

Institutional Investors Weigh In On Webull

Several institutional investors have recently made changes to their positions in the company. Tidal Investments LLC raised its holdings in shares of Webull by 148.8% during the 2nd quarter. Tidal Investments LLC now owns 2,741,993 shares of the company’s stock valued at $17,878,000 after purchasing an additional 1,640,067 shares in the last quarter. Integrated Wealth Concepts LLC boosted its stake in shares of Webull by 92.1% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 42,740 shares of the company’s stock worth $279,000 after acquiring an additional 20,487 shares in the last quarter. Allworth Financial LP increased its holdings in shares of Webull by 67.0% during the 2nd quarter. Allworth Financial LP now owns 8,320 shares of the company’s stock valued at $54,000 after acquiring an additional 3,337 shares during the last quarter. Waverly Advisors LLC acquired a new position in shares of Webull during the 2nd quarter valued at about $87,000. Finally, Corient Private Wealth LP raised its stake in shares of Webull by 76.4% in the 2nd quarter. Corient Private Wealth LP now owns 406,761 shares of the company’s stock valued at $2,652,000 after acquiring an additional 176,233 shares in the last quarter. 92.48% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. Rosenblatt Securities reiterated a “buy” rating and set a $15.00 price target on shares of Webull in a report on Friday, August 28th. Scotiabank started coverage on Webull in a research note on Wednesday, September 2nd. They issued a “sector perform” rating and a $9.00 price objective for the company. Wall Street Zen upgraded Webull from a “sell” rating to a “hold” rating in a research report on Saturday, August 22nd. Finally, Weiss Ratings upgraded Webull from a “sell (d-)” rating to a “sell (d)” rating in a research report on Monday, September 14th. Two 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 stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $11.00.

Webull Company Profile

Webull Corporation (NASDAQ:BULL) is a financial technology company that operates a digital investment platform and online brokerage. Its services are designed for self-directed investors and provide access to market information, research tools, charting and portfolio-management features through mobile and web-based applications.

Through its brokerage businesses, Webull offers trading in products that may include U.S.-listed stocks, exchange-traded funds, options and fractional shares, along with retirement accounts, margin services and other investing features, subject to availability and regulatory requirements.