Webull (NASDAQ:BULL) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Webull (NASDAQ:BULL) from a sell rating to a hold rating in a report released on Saturday morning.

Several other equities research analysts have also issued reports on the company. Rosenblatt Securities raised their price objective on Webull from $13.00 to $15.00 and gave the company a “buy” rating in a research note on Thursday. Weiss Ratings upgraded Webull from a “sell (e+)” rating to a “sell (d-)” rating in a report on Wednesday, August 19th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $14.00.

Webull Trading Down 2.8%

Shares of NASDAQ BULL opened at $8.53 on Friday. Webull has a 12-month low of $4.50 and a 12-month high of $16.04. The firm’s 50-day moving average price is $7.43 and its 200-day moving average price is $6.54. The stock has a market capitalization of $4.54 billion, a price-to-earnings ratio of 106.64 and a beta of 0.53.

Webull (NASDAQ:BULL) last released its quarterly earnings results on Wednesday, August 19th. The company reported $0.12 EPS for the quarter, topping the consensus estimate 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 during the quarter. The company’s quarterly revenue was up 51.2% compared to the same quarter last year. On average, equities analysts predict that Webull will post 0.06 EPS for the current fiscal year.

Insider Buying and Selling at Webull

In related news, General Counsel Benjamin Worthy James sold 50,273 shares of the business’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 value of $453,462.46. Following the completion of the sale, the general counsel owned 1,150,991 shares in the company, valued at approximately $10,381,938.82. The trade was a 4.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 35.00% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Quantinno Capital Management LP purchased a new stake in shares of Webull in the 1st quarter worth approximately $1,584,000. Yong Rong HK Asset Management Ltd bought a new position in shares of Webull during the fourth quarter valued at approximately $38,850,000. Renaissance Technologies LLC increased its holdings in Webull by 321.3% during the first quarter. Renaissance Technologies LLC now owns 1,535,199 shares of the company’s stock valued at $7,369,000 after buying an additional 1,170,799 shares during the period. Virtu Financial LLC purchased a new position in Webull during the fourth quarter valued at approximately $799,000. Finally, Healthcare of Ontario Pension Plan Trust Fund raised its stake in Webull by 112.6% in the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 738,600 shares of the company’s stock worth $3,545,000 after buying an additional 391,236 shares in the last quarter. 92.48% of the stock is currently owned by hedge funds and other institutional investors.

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.