Webull (NASDAQ:BULL) President Anthony Michael Denier Sells 53,846 Shares of Stock

Webull Corporation (NASDAQ:BULL – Get Free Report) President Anthony Michael Denier sold 53,846 shares of the stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $7.33, for a total transaction of $394,691.18. Following the sale, the president owned 2,170,757 shares in the company, valued at $15,911,648.81. The trade was a 2.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Anthony Michael Denier also recently made the following trade(s):

  • On Monday, September 21st, Anthony Michael Denier sold 53,846 shares of Webull stock. The shares were sold at an average price of $8.32, for a total transaction of $447,998.72.
  • On Tuesday, September 8th, Anthony Michael Denier sold 53,846 shares of Webull stock. The shares were sold at an average price of $9.58, for a total transaction of $515,844.68.
  • On Tuesday, August 25th, Anthony Michael Denier sold 53,848 shares of Webull stock. The stock was sold at an average price of $8.83, for a total transaction of $475,477.84.

Webull Stock Performance

Shares of NASDAQ BULL traded up $0.02 during trading hours on Monday, hitting $7.36. 8,427,394 shares of the stock were exchanged, compared to its average volume of 12,089,935. The company has a market cap of $3.91 billion, a PE ratio of 92.01 and a beta of 0.64. The company’s fifty day simple moving average is $8.17 and its two-hundred day simple moving average is $7.09. Webull Corporation has a 1-year low of $4.50 and a 1-year high of $14.51.

Webull (NASDAQ:BULL – Get Free Report) last announced its quarterly earnings data on Wednesday, August 19th. The company reported $0.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 for the quarter. Webull’s revenue for the quarter was up 51.2% compared to the same quarter last year. As a group, sell-side analysts expect that Webull Corporation will post 0.14 EPS for the current fiscal year.

Hedge Funds Weigh In On Webull

Several large investors have recently modified their holdings of the business. Versant Capital Management Inc grew its stake in shares of Webull by 79.8% in the second quarter. Versant Capital Management Inc now owns 7,335 shares of the company’s stock worth $48,000 after purchasing an additional 3,255 shares during the last quarter. Allworth Financial LP lifted its holdings in Webull by 67.0% during the 2nd quarter. Allworth Financial LP now owns 8,320 shares of the company’s stock worth $54,000 after buying an additional 3,337 shares during the period. Ritter Alpha LP bought a new stake in shares of Webull in the 1st quarter valued at about $48,000. Caitong International Asset Management Co. Ltd bought a new position in shares of Webull during the fourth quarter worth about $91,000. Finally, Sanctuary Advisors LLC acquired a new position in shares of Webull in the first quarter worth approximately $59,000. Institutional investors own 92.48% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on BULL. Scotiabank started coverage on Webull in a research note on Wednesday, September 2nd. They issued a “sector perform” rating and a $9.00 price objective on the stock. Rosenblatt Securities reissued a “buy” rating and set a $15.00 target price on shares of Webull in a research note on Friday, August 28th. Weiss Ratings raised shares of Webull from a “sell (d-)” rating to a “sell (d)” rating in a report on Monday, September 14th. Finally, Wall Street Zen upgraded shares of Webull from a “sell” rating to a “hold” rating in a research note on Saturday, August 22nd. Two equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Webull currently has a consensus rating of “Hold” and a consensus target price of $11.00.

Check Out Our Latest Report on Webull

About Webull

(Get Free Report)

Webull Corporation (NASDAQ:BULL) is a financial technology company that operates a digital investment platform and online brokerage. Its services are designed for self-directed investors and provide access to market information, research tools, charting and portfolio-management features through mobile and web-based applications.

Through its brokerage businesses, Webull offers trading in products that may include U.S.-listed stocks, exchange-traded funds, options and fractional shares, along with retirement accounts, margin services and other investing features, subject to availability and regulatory requirements.

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