Webull (NASDAQ:BULL) General Counsel Benjamin Worthy James Sells 50,273 Shares of Stock

Webull Corporation (NASDAQ:BULL) General Counsel Benjamin Worthy James sold 50,273 shares of Webull stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $9.02, for a total value of $453,462.46. Following the sale, the general counsel directly owned 1,150,991 shares in the company, valued at $10,381,938.82. The trade was a 4.19% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.

Webull Price Performance

Shares of BULL opened at $8.53 on Tuesday. The business’s 50 day simple moving average is $7.43 and its 200-day simple moving average is $6.54. The company has a market capitalization of $4.54 billion, a P/E ratio of 106.64 and a beta of 0.53. Webull Corporation has a one year low of $4.50 and a one year high of $16.04.

Webull (NASDAQ:BULL) last announced its quarterly earnings data on Wednesday, August 19th. The company reported $0.12 EPS for the quarter, beating analysts’ consensus estimates of $0.01 by $0.11. The firm had revenue of $198.83 million for the quarter. Webull had a return on equity of 5.95% and a net margin of 6.26%.The company’s revenue for the quarter was up 51.2% on a year-over-year basis. On average, sell-side analysts anticipate that Webull Corporation will post 0.06 EPS for the current fiscal year.

Hedge Funds Weigh In On Webull

Several hedge funds have recently added to or reduced their stakes in BULL. Legal & General Group Plc bought a new stake in shares of Webull in the 3rd quarter valued at about $26,000. Osaic Holdings Inc. bought a new stake in shares of Webull during the second quarter worth $30,000. Los Angeles Capital Management LLC bought a new position in Webull during the 4th quarter worth about $34,000. Ritter Alpha LP acquired a new stake in Webull in the 1st quarter valued at approximately $48,000. Finally, Versant Capital Management Inc raised its holdings 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 valued at $48,000 after purchasing an additional 3,255 shares during the last quarter. Institutional investors and hedge funds own 92.48% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on BULL. Rosenblatt Securities upped their target price on shares of Webull from $13.00 to $15.00 and gave the company a “buy” rating in a research report on Thursday. Weiss Ratings upgraded shares of Webull from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, August 19th. Finally, Wall Street Zen raised shares of Webull from a “sell” rating to a “hold” rating in a research note on Saturday. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $14.00.

About Webull

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.