Bullish $BLSH Position Raised by Amova Asset Management Americas Inc.

Amova Asset Management Americas Inc. increased its position in Bullish (NYSE:BLSH) by 75.7% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 2,524,820 shares of the company’s stock after acquiring an additional 1,087,452 shares during the period. Bullish makes up about 1.1% of Amova Asset Management Americas Inc.’s investment portfolio, making the stock its 29th largest position. Amova Asset Management Americas Inc.’s holdings in Bullish were worth $95,514,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. WINTON GROUP Ltd bought a new stake in Bullish during the third quarter worth approximately $7,099,000. Tudor Investment Corp ET AL bought a new position in shares of Bullish in the third quarter valued at $10,124,000. Monashee Investment Management LLC acquired a new stake in shares of Bullish during the 3rd quarter valued at $3,180,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of Bullish during the 3rd quarter valued at $2,723,000. Finally, ARK Investment Management LLC bought a new stake in shares of Bullish during the 3rd quarter worth $163,904,000.

Bullish Stock Performance

BLSH stock opened at $26.97 on Wednesday. The firm has a 50 day moving average of $37.36 and a two-hundred day moving average of $37.56. Bullish has a 12 month low of $24.79 and a 12 month high of $118.00. The company has a market capitalization of $4.07 billion and a price-to-earnings ratio of -4.12. The company has a quick ratio of 25.23, a current ratio of 26.42 and a debt-to-equity ratio of 0.18.

Bullish (NYSE:BLSH) last released its quarterly earnings results on Thursday, May 14th. The company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by ($0.04). Bullish had a positive return on equity of 1.82% and a negative net margin of 314.40%.The company had revenue of $92.83 million for the quarter. The firm’s quarterly revenue was up 48.8% on a year-over-year basis. As a group, equities analysts anticipate that Bullish will post 0.72 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have issued reports on BLSH shares. Rosenblatt Securities boosted their price objective on Bullish from $39.00 to $45.00 and gave the stock a “neutral” rating in a report on Wednesday, May 13th. Cantor Fitzgerald lifted their target price on shares of Bullish from $39.00 to $43.00 and gave the stock an “overweight” rating in a research report on Friday, May 15th. Citigroup cut their price target on shares of Bullish from $67.00 to $65.00 and set a “buy” rating on the stock in a report on Wednesday, March 18th. Weiss Ratings restated a “sell (d)” rating on shares of Bullish in a research report on Friday, March 27th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $61.00 target price on shares of Bullish in a research note on Friday, May 15th. Four analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $51.92.

Insider Transactions at Bullish

In other news, CEO Thomas W. Farley sold 80,000 shares of the company’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $43.95, for a total transaction of $3,516,000.00. Following the completion of the transaction, the chief executive officer owned 80,000 shares of the company’s stock, valued at approximately $3,516,000. This represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Trending Headlines about Bullish

Here are the key news stories impacting Bullish this week:

• Negative Sentiment: One article warned that “crypto winter” may be setting in, citing Bitcoin falling below $60,000, record ETF outflows, and institutional selling. Because Bullish is a crypto trading and market infrastructure platform, it is viewed as highly exposed to a downturn in digital-asset activity. Article Title
• Negative Sentiment: Bullish also released May 2026 monthly metrics, but the market appears to be focusing less on the company’s operating update and more on the broader decline in crypto sentiment and trading volumes, which can pressure revenue expectations. Article Title
• Neutral Sentiment: Another piece looked at Bullish’s valuation after its recent pullback, framing the stock as still expensive on a price-to-sales basis despite the selloff. That keeps valuation concerns in focus for investors. Article Title

About Bullish

Bullish (NYSE: BLSH) is a company that develops and operates digital asset market infrastructure, including a cryptocurrency trading platform and related technology services. The firm’s stated activities focus on providing exchange services, market structure and trading technology designed to support the listing, execution and clearing of digital assets. Bullish positions itself as a bridge between traditional capital markets practices and the evolving cryptocurrency ecosystem.

The business was announced in connection with Block.one, the software developer known for its work on the EOS blockchain, and was formed with the intent of creating a regulated, institutional-grade marketplace for digital assets.