50,041 Shares in Webull Corporation $BULL Bought by Marathon Trading Investment Management LLC

Marathon Trading Investment Management LLC acquired a new position in Webull Corporation (NASDAQ:BULL) during the second quarter, HoldingsChannel.com reports. The institutional investor acquired 50,041 shares of the company’s stock, valued at approximately $598,000.

Separately, Sequoia Financial Advisors LLC bought a new position in Webull in the 2nd quarter worth approximately $120,000. 92.48% of the stock is owned by institutional investors.

Webull Stock Up 0.1%

BULL opened at $9.64 on Friday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.42 and a current ratio of 1.42. The company has a market capitalization of $4.77 billion, a PE ratio of -8.61 and a beta of -0.17. The stock’s fifty day moving average is $12.49 and its 200-day moving average is $13.16. Webull Corporation has a one year low of $9.18 and a one year high of $79.56.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on BULL. Rosenblatt Securities assumed coverage on Webull in a research note on Thursday, September 25th. They set a “buy” rating and a $19.00 target price on the stock. Weiss Ratings reissued a “sell (d)” rating on shares of Webull in a report on Wednesday, October 8th. Northland Capmk upgraded shares of Webull to a “strong-buy” rating in a research note on Thursday, September 4th. Wall Street Zen upgraded shares of Webull from a “sell” rating to a “hold” rating in a research report on Friday, August 22nd. Finally, Zacks Research raised shares of Webull to a “hold” rating in a research note on Friday, September 5th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Webull currently has a consensus rating of “Moderate Buy” and an average price target of $18.50.

Webull Company Profile

Webull Corp. engages in the provision of financial services. It offers trading, wealth management product distribution, market data and information, user community, and investor education. The company was founded by An Quan Wang in 2016 and is headquartered in St. Petersburg, FL.