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

Webull Corporation (NASDAQ:BULL) President Anthony Michael Denier sold 53,846 shares of the company’s stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $9.58, for a total transaction of $515,844.68. Following the sale, the president directly owned 2,278,449 shares of the company’s stock, valued at approximately $21,827,541.42. This trade represents a 2.31% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Tuesday, August 25th, Anthony Michael Denier sold 53,848 shares of Webull stock. The shares were sold at an average price of $8.83, for a total transaction of $475,477.84.

Webull Price Performance

Shares of NASDAQ:BULL opened at $9.57 on Wednesday. Webull Corporation has a 1 year low of $4.50 and a 1 year high of $16.04. The stock has a market capitalization of $5.09 billion, a price-to-earnings ratio of 119.64 and a beta of 0.58. The company’s 50 day simple moving average is $8.00 and its 200 day simple moving average is $6.79.

Webull (NASDAQ:BULL) last issued its earnings results on Wednesday, August 19th. The company reported $0.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.01 by $0.11. Webull had a return on equity of 5.95% and a net margin of 6.26%.The business had revenue of $198.83 million during the quarter. The firm’s revenue was up 51.2% on a year-over-year basis. As a group, analysts anticipate that Webull Corporation will post 0.14 EPS for the current fiscal year.

Institutional Trading of Webull

Large investors have recently modified their holdings of the stock. Geode Capital Management LLC acquired a new position in shares of Webull during the 2nd quarter valued at $3,810,000. Quantbot Technologies LP acquired a new stake in Webull in the second quarter worth $71,000. Sandia Investment Management LP bought a new stake in Webull in the second quarter valued at $771,000. Cable Car Capital LP bought a new stake in Webull in the second quarter valued at $1,046,000. Finally, AQR Arbitrage LLC acquired a new position in shares of Webull during the second quarter valued at about $1,747,000. Institutional investors and hedge funds own 92.48% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on BULL shares. Rosenblatt Securities reaffirmed a “buy” rating and issued a $15.00 price objective on shares of Webull in a research note on Friday, August 28th. Weiss Ratings raised shares of Webull from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, August 19th. Scotiabank started coverage on shares of Webull in a report on Wednesday, September 2nd. They issued a “sector perform” rating and a $9.00 target price on the stock. Finally, Wall Street Zen raised shares of Webull from a “sell” rating to a “hold” rating in a research report on Saturday, August 22nd. Two 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 company. According to data from MarketBeat.com, Webull currently has an average rating of “Hold” and a consensus target price of $11.00.

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.