Stock Traders Purchase Large Volume of Call Options on Webull (NASDAQ:BULL)

Webull Corporation (NASDAQ:BULL) was the recipient of unusually large options trading activity on Tuesday. Stock traders bought 118,781 call options on the company. This is an increase of approximately 78% compared to the average volume of 66,584 call options.

Webull Stock Up 10.2%

Shares of NASDAQ BULL opened at $5.82 on Wednesday. Webull has a 12-month low of $4.50 and a 12-month high of $59.21. The company has a market capitalization of $2.92 billion, a PE ratio of -4.93 and a beta of 0.11. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.33 and a quick ratio of 1.33. The firm’s 50-day moving average is $5.55 and its two-hundred day moving average is $8.16.

Institutional Trading of Webull

Several institutional investors and hedge funds have recently modified their holdings of the business. Lunate Capital Ltd purchased a new stake in shares of Webull in the third quarter valued at about $231,084,000. Coatue Management LLC lifted its stake in shares of Webull by 0.6% during the third quarter. Coatue Management LLC now owns 11,522,483 shares of the company’s stock valued at $170,418,000 after buying an additional 74,334 shares during the period. HSG Holding Ltd lifted its stake in shares of Webull by 1.0% during the third quarter. HSG Holding Ltd now owns 9,553,639 shares of the company’s stock valued at $141,298,000 after buying an additional 96,359 shares during the period. General Atlantic L.P. lifted its stake in shares of Webull by 0.7% during the third quarter. General Atlantic L.P. now owns 7,198,867 shares of the company’s stock valued at $106,471,000 after buying an additional 50,816 shares during the period. Finally, Yong Rong HK Asset Management Ltd purchased a new position in shares of Webull during the fourth quarter valued at approximately $38,850,000. Hedge funds and other institutional investors own 92.48% of the company’s stock.

Wall Street Analyst Weigh In

BULL has been the topic of a number of research analyst reports. Rosenblatt Securities decreased their price objective on shares of Webull from $15.00 to $12.00 and set a “buy” rating on the stock in a report on Thursday, March 5th. Weiss Ratings reissued a “sell (d-)” rating on shares of Webull in a report on Friday, March 27th. Zacks Research downgraded shares of Webull from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 10th. Wall Street Zen raised shares of Webull from a “sell” rating to a “hold” rating in a report on Sunday, March 15th. Finally, Compass Point assumed coverage on shares of Webull in a report on Monday, March 9th. They issued a “buy” rating and a $9.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $13.00.

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.