Norges Bank acquired a new position in shares of Bullish (NYSE:BLSH – Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 450,000 shares of the company’s stock, valued at approximately $17,042,000. Norges Bank owned about 0.31% of Bullish as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. WINTON GROUP Ltd acquired a new position in Bullish in the third quarter valued at $7,099,000. Tudor Investment Corp ET AL acquired a new position in Bullish in the third quarter valued at $10,124,000. Monashee Investment Management LLC acquired a new position in Bullish in the third quarter valued at $3,180,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in Bullish in the third quarter valued at $2,723,000. Finally, ARK Investment Management LLC acquired a new position in Bullish in the third quarter valued at $163,904,000.
Insider Activity
In other news, CEO Thomas W. Farley sold 80,000 shares of Bullish stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $43.95, for a total transaction of $3,516,000.00. Following the sale, the chief executive officer directly owned 80,000 shares of the company’s stock, valued at approximately $3,516,000. The trade was a 50.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Wall Street Analysts Forecast Growth
Get Our Latest Stock Analysis on Bullish
Bullish Trading Down 0.9%
NYSE:BLSH opened at $26.97 on Wednesday. The business’s 50-day moving average is $37.36 and its two-hundred day moving average is $37.56. The company has a debt-to-equity ratio of 0.18, a current ratio of 26.42 and a quick ratio of 25.23. Bullish has a 12 month low of $24.79 and a 12 month high of $118.00. The firm has a market capitalization of $4.07 billion and a PE ratio of -4.12.
Bullish (NYSE:BLSH – Get Free Report) last released its quarterly earnings data on Thursday, May 14th. The company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.17 by ($0.04). Bullish had a negative net margin of 314.40% and a positive return on equity of 1.82%. The company had revenue of $92.83 million during the quarter. The business’s revenue for the quarter was up 48.8% compared to the same quarter last year. Research analysts predict that Bullish will post 0.72 earnings per share for the current fiscal year.
Key Headlines Impacting Bullish
Here are the key news stories impacting Bullish this week:
- Negative Sentiment: One article warned that “crypto winter” may be setting in, citing Bitcoin falling below $60,000, record ETF outflows, and institutional selling. Because Bullish is a crypto trading and market infrastructure platform, it is viewed as highly exposed to a downturn in digital-asset activity. Article Title
- Negative Sentiment: Bullish also released May 2026 monthly metrics, but the market appears to be focusing less on the company’s operating update and more on the broader decline in crypto sentiment and trading volumes, which can pressure revenue expectations. Article Title
- Neutral Sentiment: Another piece looked at Bullish’s valuation after its recent pullback, framing the stock as still expensive on a price-to-sales basis despite the selloff. That keeps valuation concerns in focus for investors. Article Title
Bullish Profile
Bullish (NYSE: BLSH) is a company that develops and operates digital asset market infrastructure, including a cryptocurrency trading platform and related technology services. The firm’s stated activities focus on providing exchange services, market structure and trading technology designed to support the listing, execution and clearing of digital assets. Bullish positions itself as a bridge between traditional capital markets practices and the evolving cryptocurrency ecosystem.
The business was announced in connection with Block.one, the software developer known for its work on the EOS blockchain, and was formed with the intent of creating a regulated, institutional-grade marketplace for digital assets.
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