Anthony Michael Denier Sells 53,846 Shares of Webull (NASDAQ:BULL) Stock

Webull Corporation (NASDAQ:BULL) President Anthony Michael Denier sold 53,846 shares of the business’s stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $9.58, for a total value of $515,844.68. Following the sale, the president owned 2,278,449 shares of the company’s stock, valued at $21,827,541.42. The trade was a 2.31% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed 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 Tuesday, August 25th, Anthony Michael Denier sold 53,848 shares of Webull stock. The shares were sold at an average price of $8.83, for a total value of $475,477.84.

Webull Stock Down 1.6%

Shares of BULL opened at $9.42 on Thursday. Webull Corporation has a 52-week low of $4.50 and a 52-week high of $16.04. The firm’s fifty day moving average is $8.04 and its two-hundred day moving average is $6.81. The stock has a market cap of $5.01 billion, a PE ratio of 117.76 and a beta of 0.58.

Webull (NASDAQ:BULL) last released its earnings results on Wednesday, August 19th. The company reported $0.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.01 by $0.11. The business had revenue of $198.83 million during the quarter. Webull had a net margin of 6.26% and a return on equity of 5.95%. The firm’s revenue for the quarter 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 year.

Hedge Funds Weigh In On Webull

Hedge funds have recently modified their holdings of the business. State Street Corp increased 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 purchasing an additional 4,324,017 shares during the last quarter. Geode Capital Management LLC lifted its position in Webull by 938.5% in the fourth quarter. Geode Capital Management LLC now owns 3,633,150 shares of the company’s stock valued at $28,230,000 after buying an additional 3,283,295 shares during the last quarter. Millennium Management LLC boosted its stake in Webull by 336.5% during the fourth 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 during the period. Tidal Investments LLC boosted its stake in Webull by 148.8% during the second quarter. Tidal Investments LLC now owns 2,741,993 shares of the company’s stock worth $17,878,000 after buying an additional 1,640,067 shares during the period. Finally, Goldman Sachs Group Inc. boosted its stake in Webull by 491.2% during the fourth quarter. Goldman Sachs Group Inc. now owns 2,675,558 shares of the company’s stock worth $20,789,000 after buying an additional 3,359,441 shares during the period. 92.48% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

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.