Cantor Fitzgerald L. P. Buys New Shares in Webull Corporation $BULL

Cantor Fitzgerald L. P. bought a new position in shares of Webull Corporation (NASDAQ:BULL) during the third quarter, HoldingsChannel reports. The firm bought 107,300 shares of the company’s stock, valued at approximately $1,475,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Sassicaia Capital Advisers LLC acquired a new position in Webull in the 2nd quarter valued at approximately $1,770,000. General Atlantic L.P. acquired a new stake in shares of Webull during the 2nd quarter worth approximately $85,491,000. HSG Holding Ltd bought a new stake in shares of Webull during the second quarter valued at approximately $113,109,000. Azora Capital LP acquired a new position in shares of Webull in the second quarter valued at $9,216,000. Finally, Marshall Wace LLP acquired a new position in shares of Webull in the second quarter valued at $14,771,000. 92.48% of the stock is currently owned by institutional investors.

Webull Price Performance

Shares of BULL stock opened at $5.27 on Friday. The stock’s fifty day simple moving average is $6.80 and its 200 day simple moving average is $9.51. Webull Corporation has a one year low of $5.24 and a one year high of $79.56. The firm has a market cap of $2.64 billion, a price-to-earnings ratio of -4.47 and a beta of -0.04. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.33 and a quick ratio of 1.40.

Analysts Set New Price Targets

BULL has been the topic of a number of recent research reports. Zacks Research downgraded shares of Webull from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 10th. Rosenblatt Securities dropped their price objective on shares of Webull from $15.00 to $12.00 and set a “buy” rating for the company in a research note on Thursday, March 5th. Compass Point initiated coverage on shares of Webull in a report on Monday, March 9th. They set a “buy” rating and a $9.00 price objective for the company. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Webull in a report on Monday, December 29th. Finally, Wall Street Zen raised shares of Webull from a “sell” rating to a “hold” rating in a research note on Sunday. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $13.00.

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.