Guild Investment Management Inc. raised its position in Bullish (NYSE:BLSH – Free Report) by 76.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 61,733 shares of the company’s stock after acquiring an additional 26,713 shares during the quarter. Bullish makes up about 1.4% of Guild Investment Management Inc.’s investment portfolio, making the stock its 24th largest holding. Guild Investment Management Inc.’s holdings in Bullish were worth $2,154,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently modified their holdings of BLSH. Essential Partners LLC acquired a new position in shares of Bullish during the 1st quarter worth about $27,000. SteelPeak Wealth LLC lifted its stake 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 purchasing an additional 1,019 shares during the last quarter. Lazard Asset Management LLC grew its holdings in Bullish by 1.4% during the first quarter. Lazard Asset Management LLC now owns 136,453 shares of the company’s stock worth $4,875,000 after purchasing an additional 1,871 shares during the period. CoreCap Advisors LLC bought a new position in Bullish during the third quarter worth about $67,000. Finally, Integrated Wealth Concepts LLC bought a new position in Bullish during the second quarter worth about $59,000.
Bullish News Summary
Here are the key news stories impacting Bullish this week:
- Neutral Sentiment: Bullish published its October operating metrics on November 5. The update may give investors insight into platform activity, but without the reported numbers, its effect on the outlook is unclear. Bullish releases October 2026 monthly metrics
- Neutral Sentiment: Freedom Broker initiated coverage with a “Hold” rating. That is neither a buy recommendation nor a stated bearish call, and provides limited support for a near-term price catalyst. Freedom Broker coverage
Bullish Price Performance
Shares of BLSH opened at $21.34 on Friday. The company’s 50-day moving average is $32.12 and its 200-day moving average is $31.93. The company has a debt-to-equity ratio of 0.20, a current ratio of 23.52 and a quick ratio of 22.41. The firm has a market capitalization of $3.22 billion, a PE ratio of -2.31 and a beta of 1.06. Bullish has a fifty-two week low of $20.06 and a fifty-two week high of $48.93.
Bullish (NYSE:BLSH – Get Free Report) last announced its earnings results on Thursday, August 13th. The company reported $0.09 EPS for the quarter, hitting the consensus estimate of $0.09. The business had revenue of $92.62 million during the quarter. Bullish had a negative net margin of 389.38% and a positive return on equity of 2.48%. The firm’s revenue for the quarter was up 62.5% on a year-over-year basis. Equities analysts forecast that Bullish will post 0.44 EPS for the current year.
Wall Street Analysts Forecast Growth
A number of equities analysts have weighed in on BLSH shares. Freedom Broker assumed coverage on Bullish in a research report on Tuesday, November 3rd. They set a “hold” rating on the stock. Weiss Ratings raised Bullish from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, October 14th. Wall Street Zen upgraded Bullish from a “sell” rating to a “hold” rating in a research note on Monday, August 3rd. Rosenblatt Securities reduced their target price on Bullish from $42.50 to $30.00 and set a “neutral” rating for the company in a research note on Friday, August 14th. Finally, Keefe, Bruyette & Woods decreased their target price on Bullish from $55.00 to $40.00 and set a “market perform” rating on the stock in a report on Tuesday, September 29th. Five equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $44.36.
Check Out Our Latest Analysis on BLSH
About Bullish
Bullish is a digital asset trading and financial technology company that operates a regulated cryptocurrency exchange. Its platform is designed to provide trading and market infrastructure for digital assets, including spot trading and other services for institutional and professional investors.
The company’s offerings include access to cryptocurrency markets, custody and settlement capabilities, and tools intended to support liquidity, execution and portfolio management. Bullish also publishes digital asset market news and analysis through its media operations.
Bullish was established in 2021 and launched its exchange that year.
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