Key Takeaways
- Insider-Triggered Slide: Webull stock (BULL) sank 11% on Wednesday, September 16, closing near $8 after CFO Wang Haichen’s spouse disclosed a 55,000-share sale worth about $494,000.
- Second Insider Exit: President Anthony Denier sold 53,846 shares at $9.58 just eight days earlier.
- Street Still Bullish: The four analysts TIKR tracks carry 3 buys and 1 hold, and their mean target sits at $13, roughly 69% above the current price.
- Coverage Widens on a Skeptic: Analyst coverage grew to four names from three last quarter as the newest addition initiated the stock’s first hold rating on record.
Two insider sales in eight days knocked BULL stock down 11% this week. Check the Street’s ratings split and target on TIKR for free →
Why Webull Stock Dropped 11% on a CFO Family Insider Sale
Webull Corporation (BULL) stock fell 11% on Wednesday, September 16, closing near $8 after CFO Wang Haichen’s spouse sold 55,000 Class A shares worth about $494,000. The sale itself happened September 14, priced at a weighted average of $8.98 a share. Wang’s spouse still holds 772,046 shares after the transaction.
The filing landed on a stock that had already lost momentum. BULL stock topped $9.90 in early September, buoyed by a broader crypto rally that lifted trading-platform names across the board, before spending the next two weeks carving a series of lower highs on its way back below $8.
Nothing in Webull’s own numbers explains the move. The company swung to a $24.34 million second-quarter profit on September 11, reversing a year-ago loss, as revenue jumped 51.2% to $198.83 million on higher equity and options order flow rebates. Diluted earnings per share came in at $0.04, and Webull had just closed a roughly $100 million deal for a controlling stake in Thailand’s Pi Securities. Strong fundamentals didn’t stop the stock from getting hit on a routine, pre-disclosed insider sale that likely funds taxes owed on restricted stock units granted last November.
That gap between the business and the reaction is the story. Webull stock got repriced on a family member’s tax-driven sale, not on anything that changed what the company is worth.
A Second Insider Sale Deepens the Overhang on Webull Stock
Wang’s spouse wasn’t the only insider cashing out this month. President Anthony Denier sold 53,846 Class A shares on September 8 at a weighted average price of $9.58, worth roughly $515,743, trimming his stake to 2,278,449 shares. That sale landed right as BULL stock traded near its highest level since spring, just three days after Webull closed the Pi Securities acquisition.
Two sales in eight days, both near local highs, gave the market a pattern instead of an isolated headline. Patterns move stocks harder than one filing does, and Webull stock’s slide from near $10 to under $8 tracks that shift in perception more than anything in the underlying business.
Two insiders sold near BULL stock’s highs in eight days. Dig into Webull’s filings and financials yourself on TIKR for free →
Webull Stock’s $13 Mean Target Still Sits Well Above the Selloff
Four analysts currently cover Webull stock, holding 3 buys and 1 hold, and their mean target sits at $13, about 69% above the current price. That’s a wide gap for a stock that just dropped 11% in a single session.
The trend behind that gap tells its own story. A year ago, the mean target stood at $18.50 against a $14.79 close, before both the stock and the targets got cut hard as BULL fell toward $5 in the first quarter. Since then, the stock has clawed back toward $8 while the mean target has crept back up too, from $11.67 to $12 to $13, and it has never once dipped below the price.
Coverage grew from three analysts to four over the same stretch, and the newest addition initiated with a hold, the first non-buy rating in the table’s history, arriving just as the insider-selling headlines piled up.
Webull’s four analysts still see BULL stock near $13. Compare that target against the filings yourself on TIKR for free →
Should You Invest in Webull Corporation?
The only way to really know is to look at the numbers yourself. TIKR gives you free access to the same institutional-quality financial data that professional analysts use to answer exactly that question.
Pull up Webull Corporation stock and you’ll see years of historical financials, what Wall Street analysts expect for revenue and earnings in the quarters ahead, how valuation multiples have moved over time, and whether price targets are trending up or down.
You can build a free watchlist to track Webull Corporation alongside every other stock on your radar. No credit card required. Just the data you need to decide for yourself.
Access Professional Tools to Analyze BULL stock on TIKR for Free →
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Disclaimer:
Please note that the articles on TIKR are not intended to serve as investment or financial advice from TIKR or our content team, nor are they recommendations to buy or sell any stocks. We create our content based on TIKR Terminal’s investment data and analysts’ estimates. Our analysis might not include recent company news or important updates. TIKR has no position in any stocks mentioned. Thank you for reading, and happy investing!
