Quantinno Capital Management LP Takes Position in Bullish $BLSH

Quantinno Capital Management LP bought a new position in shares of Bullish (NYSE:BLSH) during the 1st quarter, HoldingsChannel reports. The fund bought 68,778 shares of the company’s stock, valued at approximately $2,457,000.

A number of other hedge funds also recently modified their holdings of BLSH. Rakuten Securities Inc. bought a new stake in Bullish during the fourth quarter worth about $28,000. Strs Ohio bought a new position in Bullish in the 4th quarter valued at about $30,000. MetLife Investment Management LLC bought a new position in Bullish in the 4th quarter valued at about $30,000. Kestra Advisory Services LLC acquired a new position in shares of Bullish in the 4th quarter valued at approximately $61,000. Finally, California State Teachers Retirement System acquired a new position in shares of Bullish in the 4th quarter valued at approximately $78,000.

Analyst Upgrades and Downgrades

BLSH has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $61.00 price target on shares of Bullish in a research report on Friday, May 15th. Zacks Research cut Bullish from a “hold” rating to a “strong sell” rating in a research note on Monday, July 13th. JPMorgan Chase & Co. reduced their target price on Bullish from $43.00 to $26.00 and set a “neutral” rating on the stock in a report on Tuesday, June 16th. Citigroup reiterated a “buy” rating on shares of Bullish in a research note on Monday, July 27th. Finally, Rosenblatt Securities boosted their price target on Bullish from $39.00 to $45.00 and gave the stock a “neutral” rating in a report on Wednesday, May 13th. Four investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, Bullish presently has an average rating of “Hold” and a consensus price target of $50.67.

Bullish Price Performance

BLSH stock opened at $23.68 on Monday. The stock has a market cap of $3.57 billion and a price-to-earnings ratio of -3.62. The company has a debt-to-equity ratio of 0.18, a current ratio of 26.42 and a quick ratio of 25.23. The company has a 50 day simple moving average of $24.91 and a 200 day simple moving average of $32.25. Bullish has a 1 year low of $20.55 and a 1 year high of $118.00.

Bullish (NYSE:BLSH) last issued its earnings results on Thursday, May 14th. The company reported $0.13 earnings per share for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.04). The company had revenue of $92.83 million during the quarter. Bullish had a negative net margin of 314.40% and a positive return on equity of 1.82%. The company’s revenue for the quarter was up 48.8% on a year-over-year basis. Research analysts anticipate that Bullish will post 0.54 EPS for the current fiscal year.

Bullish News Summary

Here are the key news stories impacting Bullish this week:

• Positive Sentiment: Trading spreads improved: Bullish reported an average trading spread of 2.62 basis points in July, up from 2.56 basis points in June. Higher spreads can support revenue generation per dollar of trading volume. Bullish releases July 2026 monthly metrics
• Positive Sentiment: Meaningful institutional-market activity continued: Bullish generated $30.7 billion in total July trading volume, including $29.1 billion in spot volume, demonstrating ongoing use of its digital-asset exchange and market infrastructure.
• Neutral Sentiment: Lower crypto volatility could have mixed effects: Average July volatility declined to 32% for Bitcoin and 44% for Ethereum, from 47% and 67%, respectively, in June. More stable markets may reduce trading opportunities, but could also support institutional participation and a more predictable platform environment. Bullish reports July 2026 monthly metrics
• Negative Sentiment: Trading volume fell substantially: Total volume declined from $50.9 billion in June to $30.7 billion in July, while spot volume fell from $45.5 billion to $29.1 billion. Lower volume may pressure transaction-based revenue despite the improved spread.
• Negative Sentiment: Earnings-beat expectations are cautious: A Zacks preview said Bullish does not currently have the favorable combination of factors typically associated with an earnings beat, potentially weighing on sentiment ahead of the company’s next report. Bullish earnings expected to grow

Bullish Company Profile

Bullish (NYSE: BLSH) is a company that develops and operates digital asset market infrastructure, including a cryptocurrency trading platform and related technology services. The firm’s stated activities focus on providing exchange services, market structure and trading technology designed to support the listing, execution and clearing of digital assets. Bullish positions itself as a bridge between traditional capital markets practices and the evolving cryptocurrency ecosystem.

The business was announced in connection with Block.one, the software developer known for its work on the EOS blockchain, and was formed with the intent of creating a regulated, institutional-grade marketplace for digital assets.