Analysts Set Webull Corporation (NASDAQ:BULL) PT at $14.00

Webull Corporation (NASDAQ:BULL) has received an average rating of “Hold” from the five analysts that are currently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, two have given a hold recommendation and two have given a buy recommendation to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $11.00.

Several research firms have commented on BULL. Rosenblatt Securities reissued a “buy” rating and set a $15.00 price target on shares of Webull in a research report on Friday, August 28th. Wall Street Zen raised shares of Webull from a “sell” rating to a “hold” rating in a research report on Saturday, August 22nd. Scotiabank assumed coverage on shares of Webull in a research note on Wednesday, September 2nd. They set a “sector perform” rating and a $9.00 price objective for the company. Finally, Weiss Ratings raised shares of Webull from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, August 19th.

Webull Stock Performance

BULL opened at $9.74 on Monday. The firm has a market cap of $5.18 billion, a price-to-earnings ratio of 121.77 and a beta of 0.58. Webull has a 12 month low of $4.50 and a 12 month high of $16.04. The stock has a fifty day moving average price of $7.88 and a 200-day moving average price of $6.74.

Webull (NASDAQ:BULL) last issued its quarterly earnings data on Wednesday, August 19th. The company reported $0.12 earnings per share for the quarter, beating analysts’ consensus estimates of $0.01 by $0.11. Webull had a return on equity of 5.95% and a net margin of 6.26%.The company had revenue of $198.83 million for the quarter. The firm’s quarterly revenue was up 51.2% compared to the same quarter last year. On average, equities research analysts forecast that Webull will post 0.14 EPS for the current year.

Insiders Place Their Bets

In other news, General Counsel Benjamin James sold 50,273 shares of the company’s stock in a transaction on Friday, August 21st. The stock was sold at an average price of $9.02, for a total transaction of $453,462.46. Following the transaction, the general counsel directly owned 1,150,991 shares of the company’s stock, valued at approximately $10,381,938.82. This represents a 4.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, President Anthony Michael Denier sold 53,848 shares of the stock in a transaction on Tuesday, August 25th. The shares were sold at an average price of $8.83, for a total value of $475,477.84. Following the sale, the president owned 2,332,295 shares of the company’s stock, valued at approximately $20,594,164.85. This represents a 2.26% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 35.00% of the company’s stock.

Institutional Investors Weigh In On Webull

Several hedge funds have recently added to or reduced their stakes in the business. Legal & General Group Plc acquired a new position in shares of Webull in the 3rd quarter valued at $26,000. Osaic Holdings Inc. acquired a new stake in Webull during the second quarter valued at $30,000. Los Angeles Capital Management LLC acquired a new stake in Webull during the fourth quarter valued at $34,000. Ritter Alpha LP acquired a new stake in Webull during the first quarter valued at $48,000. Finally, Versant Capital Management Inc increased its holdings in Webull by 79.8% in the second quarter. Versant Capital Management Inc now owns 7,335 shares of the company’s stock valued at $48,000 after buying an additional 3,255 shares in the last quarter. 92.48% of the stock is owned by hedge funds and other institutional investors.

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.