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.
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
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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