{
  "id": 7772558,
  "title": "Webull CFO Wang Haichen sells $493,746 in shares",
  "url": "https://urgent.news/2026/09/16/webull-cfo-wang-haichen-sells-493-746-in-shares",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-16T11:15:58.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/webull-cfo-wang-haichen-sells-493746-in-shares-93CH-4903445"
  },
  "original_language": "en",
  "account": "Webull Corp CFO Wang Haichen sold 55,000 shares of Class A Ordinary Stock on September 14, 2026, for a total of $493,746. The shares were purchased at prices ranging from $8.8700 to $9.0950 per share, with a weighted average price of $8.9772. Following the sale, Mr. Wang indirectly owns 772,046 shares through his spouse. Despite Webull shares delivering a 63% return over the past six months, the stock currently trades at $8.66, down from $9.04. The company's P/E ratio of 112 suggests that it is overvalued, placing it on the Most Overvalued list. Webull reported strong second-quarter results, surpassing expectations with earnings of $0.05 per share and revenue of $198.8 million, a 51% increase year-over-year. Adjusted operating profit reached $62.6 million, a 169% increase, driven by higher trading activity following the removal of the pattern day trader rule. Rosenblatt raised its price target for Webull stock from $13 to $15, maintaining a Buy rating, highlighting the company's potential growth due to regulatory changes.",
  "summary": null,
  "key_points": [
    "CFO Wang Haichen sold 55,000 shares for $493,746 on September 14, 2026",
    "Shares traded at $8.66, down from $9.04, with P/E ratio of 112",
    "Webull reported strong Q2 results, 51% revenue increase year-over-year"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}