Insider Selling: Webull (NASDAQ:BULL) President Sells $515,844.68 in Stock

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

Webull Trading Down 1.3%

BULL stock opened at $9.30 on Friday. Webull Corporation has a twelve month low of $4.50 and a twelve month high of $16.04. The company’s 50 day moving average is $8.09 and its two-hundred day moving average is $6.84. The stock has a market cap of $4.95 billion, a P/E ratio of 116.26 and a beta of 0.58.

Webull (NASDAQ:BULL) last issued its earnings results on Wednesday, August 19th. The company reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.11. Webull had a net margin of 6.26% and a return on equity of 5.95%. The business had revenue of $198.83 million during the quarter. The business’s revenue for the quarter was up 51.2% on a year-over-year basis. On average, equities research analysts predict that Webull Corporation will post 0.14 earnings per share for the current year.

Institutional Investors Weigh In On Webull

Hedge funds have recently modified their holdings of the stock. Legal & General Group Plc acquired a new position in shares of Webull during the third quarter worth about $26,000. NewEdge Advisors LLC lifted its position in Webull by 7.9% in the fourth quarter. NewEdge Advisors LLC now owns 25,918 shares of the company’s stock valued at $201,000 after purchasing an additional 1,895 shares during the period. Osaic Holdings Inc. acquired a new stake in Webull in the second quarter valued at about $30,000. Greenland Capital Management LP boosted its holdings in Webull by 0.3% in the 2nd quarter. Greenland Capital Management LP now owns 1,158,725 shares of the company’s stock valued at $2,225,000 after purchasing an additional 2,912 shares in the last quarter. Finally, Versant Capital Management Inc boosted its holdings in Webull by 79.8% in the 2nd quarter. Versant Capital Management Inc now owns 7,335 shares of the company’s stock valued at $48,000 after purchasing an additional 3,255 shares in the last quarter. 92.48% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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