Benjamin Worthy James Sells 50,273 Shares of Webull (NASDAQ:BULL) Stock

Webull Corporation (NASDAQ:BULL) General Counsel Benjamin Worthy James sold 50,273 shares of the firm’s stock in a transaction that occurred 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 sale, the general counsel directly owned 1,150,991 shares of the company’s stock, valued at $10,381,938.82. The trade was a 4.19% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Webull Stock Performance

Shares of NASDAQ:BULL opened at $8.78 on Monday. The firm has a market cap of $4.67 billion, a PE ratio of 109.76 and a beta of 0.53. The company has a fifty day simple moving average of $7.40 and a 200 day simple moving average of $6.53. Webull Corporation has a 12-month low of $4.50 and a 12-month high of $16.04.

Webull (NASDAQ:BULL) last posted its quarterly earnings data on Wednesday, August 19th. The company reported $0.12 EPS for the quarter, beating analysts’ consensus estimates of $0.01 by $0.11. The firm had revenue of $198.83 million for the quarter. Webull had a net margin of 6.26% and a return on equity of 5.95%. The company’s revenue for the quarter was up 51.2% on a year-over-year basis. As a group, equities research analysts forecast that Webull Corporation will post 0.06 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have recently commented on BULL. Wall Street Zen raised shares of Webull from a “sell” rating to a “hold” rating in a research report on Saturday. Weiss Ratings raised Webull from a “sell (e+)” rating to a “sell (d-)” rating in a report on Wednesday. Finally, Rosenblatt Securities upped their price objective on Webull from $13.00 to $15.00 and gave the company a “buy” rating in a research note on Thursday. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Webull currently has a consensus rating of “Moderate Buy” and an average target price of $14.00.

Hedge Funds Weigh In On Webull

A number of 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 about $26,000. Osaic Holdings Inc. acquired a new stake in Webull during the second quarter worth about $30,000. Los Angeles Capital Management LLC bought a new position in Webull in the fourth quarter worth about $34,000. Ritter Alpha LP bought a new position in Webull in the first quarter worth about $48,000. Finally, Versant Capital Management Inc boosted its stake 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 acquiring an additional 3,255 shares during the period. Institutional investors and hedge funds own 92.48% of the company’s stock.

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.