Webull Corporation (NASDAQ:BULL – Get Free Report)’s share price gapped up before the market opened on Tuesday . The stock had previously closed at $7.01, but opened at $7.43. Webull shares last traded at $7.2740, with a volume of 12,905,381 shares traded.
Wall Street Analyst Weigh In
A number of equities analysts have issued reports on the company. Weiss Ratings reiterated a “sell (d-)” rating on shares of Webull in a research note on Friday, March 27th. Compass Point assumed coverage on Webull in a research note on Monday, March 9th. They set a “buy” rating and a $9.00 price target for the company. Rosenblatt Securities reiterated a “buy” rating and set a $12.00 price target on shares of Webull in a research note on Tuesday. Wall Street Zen upgraded Webull from a “sell” rating to a “hold” rating in a research note on Sunday, March 15th. Finally, Zacks Research downgraded Webull from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 10th. One investment 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’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $13.00.
Get Our Latest Stock Report on BULL
Webull Trading Up 3.6%
Institutional Trading of Webull
Several institutional investors and hedge funds have recently bought and sold shares of BULL. Legal & General Group Plc bought a new position in shares of Webull during the third quarter valued at approximately $26,000. Osaic Holdings Inc. bought a new position in shares of Webull during the second quarter valued at approximately $30,000. Los Angeles Capital Management LLC bought a new position in shares of Webull during the fourth quarter valued at approximately $34,000. Jones Financial Companies Lllp increased its stake in shares of Webull by 860.7% during the third quarter. Jones Financial Companies Lllp now owns 2,959 shares of the company’s stock valued at $45,000 after purchasing an additional 2,651 shares in the last quarter. Finally, Tower Research Capital LLC TRC bought a new position in shares of Webull during the second quarter valued at approximately $69,000. 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.
Further Reading
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