Guild Investment Management Inc. boosted its position in shares of Bullish (NYSE:BLSH – Free Report) by 76.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 61,733 shares of the company’s stock after purchasing an additional 26,713 shares during the period. Bullish comprises 1.4% of Guild Investment Management Inc.’s holdings, making the stock its 24th largest position. Guild Investment Management Inc.’s holdings in Bullish were worth $2,154,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Essential Partners LLC bought a new stake in shares of Bullish in the first quarter valued at about $27,000. Integrated Wealth Concepts LLC bought a new position in shares of Bullish during the second quarter worth about $59,000. CoreCap Advisors LLC bought a new position in shares of Bullish during the third quarter worth about $67,000. Global Assets Advisory LLC acquired a new stake in Bullish in the 1st quarter valued at approximately $134,000. Finally, Versant Capital Management Inc raised its position in Bullish by 975.3% in the 3rd quarter. Versant Capital Management Inc now owns 3,914 shares of the company’s stock valued at $137,000 after buying an additional 3,550 shares during the last quarter.
Analyst Upgrades and Downgrades
BLSH has been the topic of several research reports. Freedom Broker started coverage on Bullish in a research note on Tuesday, November 3rd. They issued a “hold” rating on the stock. Citigroup reaffirmed a “buy” rating on shares of Bullish in a research note on Monday, July 27th. Canaccord Genuity Group reiterated a “buy” rating and issued a $45.00 price objective on shares of Bullish in a report on Wednesday, September 23rd. Zacks Research upgraded shares of Bullish from a “strong sell” rating to a “hold” rating in a report on Monday, August 31st. Finally, JPMorgan Chase & Co. reduced their target price on shares of Bullish from $26.00 to $25.00 and set a “neutral” rating for the company in a report on Friday, August 14th. Five investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $44.36.
Bullish Price Performance
Shares of NYSE BLSH opened at $21.34 on Friday. The company has a debt-to-equity ratio of 0.20, a current ratio of 23.52 and a quick ratio of 22.41. The business has a 50-day moving average of $32.12 and a 200-day moving average of $31.93. The stock has a market capitalization of $3.22 billion, a price-to-earnings ratio of -2.31 and a beta of 1.06. Bullish has a fifty-two week low of $20.06 and a fifty-two week high of $48.93.
Bullish (NYSE:BLSH – Get Free Report) last released its earnings results on Thursday, August 13th. The company reported $0.09 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.09. Bullish had a positive return on equity of 2.48% and a negative net margin of 389.38%. The business had revenue of $92.62 million for the quarter. The company’s revenue was up 62.5% compared to the same quarter last year. As a group, sell-side analysts predict that Bullish will post 0.44 earnings per share for the current fiscal year.
Bullish News Summary
Here are the key news stories impacting Bullish this week:
- Neutral Sentiment: Bullish published its October operating metrics on November 5. The update may give investors insight into platform activity, but without the reported numbers, its effect on the outlook is unclear. Bullish releases October 2026 monthly metrics
- Neutral Sentiment: Freedom Broker initiated coverage with a “Hold” rating. That is neither a buy recommendation nor a stated bearish call, and provides limited support for a near-term price catalyst. Freedom Broker coverage
Bullish Profile
Bullish is a digital asset trading and financial technology company that operates a regulated cryptocurrency exchange. Its platform is designed to provide trading and market infrastructure for digital assets, including spot trading and other services for institutional and professional investors.
The company’s offerings include access to cryptocurrency markets, custody and settlement capabilities, and tools intended to support liquidity, execution and portfolio management. Bullish also publishes digital asset market news and analysis through its media operations.
Bullish was established in 2021 and launched its exchange that year.
See Also
- Five stocks we like better than Bullish
- Dutch Bros Gave Wall Street What It Wanted, So Why Did the Stock Crater?
- Astera Labs Just Crushed Earnings—So Why Are Analysts Cutting Price Targets?
- Sandisk Shares Are Oversold: Bargain or Value Trap?
- IonQ’s Record Revenue Includes a Big SkyWater Boost: Does That Change the Story?
Want to see what other hedge funds are holding BLSH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Bullish (NYSE:BLSH – Free Report).
Receive News & Ratings for Bullish Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bullish and related companies with MarketBeat.com's FREE daily email newsletter.
