Tidal Investments LLC Boosts Position in Webull Corporation $BULL

Tidal Investments LLC grew its stake in shares of Webull Corporation (NASDAQ:BULL) by 148.8% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 2,741,993 shares of the company’s stock after acquiring an additional 1,640,067 shares during the period. Tidal Investments LLC’s holdings in Webull were worth $17,878,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Legal & General Group Plc bought a new position in shares of Webull in the third quarter valued at approximately $26,000. NewEdge Advisors LLC increased its holdings in Webull by 7.9% during the 4th quarter. NewEdge Advisors LLC now owns 25,918 shares of the company’s stock worth $201,000 after acquiring an additional 1,895 shares during the period. Osaic Holdings Inc. purchased a new stake in Webull in the 2nd quarter worth approximately $30,000. Greenland Capital Management LP lifted its stake in Webull by 0.3% in the 2nd quarter. Greenland Capital Management LP now owns 1,158,725 shares of the company’s stock worth $2,225,000 after purchasing an additional 2,912 shares in the last quarter. Finally, Versant Capital Management Inc lifted its stake in Webull by 79.8% in the 2nd quarter. Versant Capital Management Inc now owns 7,335 shares of the company’s stock worth $48,000 after purchasing an additional 3,255 shares in the last quarter. 92.48% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

Webull Stock Performance

Shares of NASDAQ:BULL opened at $9.30 on Friday. The firm has a market capitalization of $4.95 billion, a PE ratio of 116.26 and a beta of 0.58. Webull Corporation has a 52-week low of $4.50 and a 52-week high of $16.04. The firm has a fifty day moving average of $8.09 and a 200 day moving average of $6.84.

Webull (NASDAQ:BULL) last released its quarterly earnings results on Wednesday, August 19th. The company reported $0.12 earnings per share for the quarter, beating 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 for the quarter. The business’s revenue for the quarter was up 51.2% compared to the same quarter last year. On average, sell-side analysts forecast that Webull Corporation will post 0.14 EPS for the current fiscal year.

Insider Activity

In other Webull news, President Anthony Michael Denier sold 53,848 shares of the company’s stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $8.83, for a total value of $475,477.84. Following the completion of the sale, the president owned 2,332,295 shares of the company’s stock, valued at $20,594,164.85. This represents a 2.26% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Benjamin James sold 50,273 shares of the company’s stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $9.02, for a total value of $453,462.46. Following the completion of the sale, the general counsel directly owned 1,150,991 shares of the company’s stock, valued at approximately $10,381,938.82. This represents a 4.19% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 157,967 shares of company stock worth $1,444,785 over the last quarter. Corporate insiders own 35.00% of the company’s stock.

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.