Webull (NASDAQ:BULL) Reaches New 12-Month Low – Time to Sell?

Webull Corporation (NASDAQ:BULL) reached a new 52-week low on Wednesday . The stock traded as low as $5.47 and last traded at $5.76, with a volume of 7467329 shares changing hands. The stock had previously closed at $5.60.

Analysts Set New Price Targets

BULL has been the subject of several research reports. Weiss Ratings reiterated a “sell (d-)” rating on shares of Webull in a research report on Monday, December 29th. Rosenblatt Securities reaffirmed a “buy” rating and set a $15.00 target price on shares of Webull in a research note on Friday, January 23rd. Zacks Research lowered shares of Webull from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 10th. Finally, Wall Street Zen raised shares of Webull from a “strong sell” rating to a “hold” rating in a research note on Sunday, November 23rd. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $16.50.

Webull Stock Performance

The stock has a 50-day moving average of $7.45 and a 200 day moving average of $10.34. The stock has a market cap of $2.89 billion, a PE ratio of -5.14 and a beta of -0.10. The company has a quick ratio of 1.40, a current ratio of 1.40 and a debt-to-equity ratio of 0.10.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Independent Advisor Alliance increased its position in Webull by 9.3% during the third quarter. Independent Advisor Alliance now owns 15,920 shares of the company’s stock worth $235,000 after purchasing an additional 1,350 shares during the last quarter. Legal & General Group Plc acquired a new position in Webull in the 3rd quarter valued at about $26,000. NewEdge Advisors LLC grew its stake in shares of Webull by 7.9% in the 4th quarter. NewEdge Advisors LLC now owns 25,918 shares of the company’s stock valued at $201,000 after buying an additional 1,895 shares during the period. Osaic Holdings Inc. acquired a new stake in shares of Webull during the 2nd quarter worth approximately $30,000. Finally, Jones Financial Companies Lllp increased its holdings in shares of Webull by 860.7% during the 3rd quarter. Jones Financial Companies Lllp now owns 2,959 shares of the company’s stock worth $45,000 after buying an additional 2,651 shares during the last quarter. Institutional investors and hedge funds own 92.48% of the company’s stock.

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.