ARK Investment Management Adds $47M in Bullish ($BLSH)

Key Points

  • ARK Investment Management changed its Bullish ($BLSH) stake by 36.09% last quarter, boosting to 6,562,039 shares worth $178.55 million.
  • Wall Street's consensus rating on $BLSH is Buy and an average price target of $38.89.
  • $BLSH last traded around $27.21.

Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.

ARK Investment Management increased its position in Bullish ($BLSH) by 36.09% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,562,039 shares of Bullish after buying 1,740,339 shares during the quarter. ARK Investment Management's holdings in Bullish were worth $178.55 million as of its most recent filing.

Bullish Stock Down 17.3%

Shares of Bullish ($BLSH) traded around $27.21 on Saturday, down 17.3% for the day.

Last price$27.21
Market cap$5.16B
Forward P/E48.61
52-week low$20.55
52-week high$74.98
50-day MA$25.35
200-day MA$34.17
Current ratio23.52
Quick ratio2.87
Debt-to-equity0.21

Bullish Earnings

EPS (ttm)-$10.35
Revenue (ttm)$300.72M
Revenue growth68.80%
Net margin0%
Return on equity-57.07%
Next earningsNov 12, 2026

Analysts Set New Price Targets

ConsensusBuy
Average target$38.89
High target$53
Low target$25
Analysts covering9

About Bullish

Bullish, a global digital asset platform that provides market infrastructure and information services in United States. The company operates Bullish Exchange, a digital assets spot and derivatives exchange that integrates a central limit order book matching engine with automated market making to provide deep and predictable liquidity. It also offers CoinDesk Indices, a collection of tradable proprietary and single-asset benchmarks and indices that track the performance of digital assets to leading traditional finance institutions, including exchanges and asset managers; CoinDesk Data, a comprehensive suite of digital assets market data and analytics, providing real-time insights into prices, trends, and market dynamics; and CoinDesk Insights offers news, analysis, information, conferences and networking opportunities related to digital assets, blockchain technology and the broader financial technology industry. Bullish was founded in 2020 and is based in George Town, Cayman Islands.

ExchangeNYSE
SectorTechnology
IndustrySoftware - Infrastructure
HeadquartersGeorge Town, Cayman Islands
CEOMr. Thomas W. Farley
Employees394

Get Bullish alerts

New 13F filings, insider trades, and analyst moves on $BLSH, sent to your inbox. Free, and you can unsubscribe anytime.

This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.