Jennison Associates LLC Acquires 50,229 Shares of Futu Holdings Limited Sponsored ADR $FUTU

Posted by Francis Steltz on Jul 21st, 2026

Jennison Associates LLC grew its holdings in Futu Holdings Limited Sponsored ADR (NASDAQ:FUTU – Free Report) by 31.1% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 211,509 shares of the company’s stock after purchasing an additional 50,229 shares during the period. Jennison Associates LLC’s holdings in Futu were worth $28,926,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. OVERSEA CHINESE BANKING Corp Ltd lifted its stake in Futu by 225.8% in the fourth quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 37,648 shares of the company’s stock valued at $6,182,000 after acquiring an additional 26,091 shares during the last quarter. Jupiter Asset Management Ltd. increased its stake in shares of Futu by 3,105.3% during the 4th quarter. Jupiter Asset Management Ltd. now owns 60,900 shares of the company’s stock worth $10,000,000 after purchasing an additional 59,000 shares during the last quarter. Trivest Advisors Ltd raised its holdings in shares of Futu by 2.5% in the 4th quarter. Trivest Advisors Ltd now owns 540,000 shares of the company’s stock valued at $88,673,000 after purchasing an additional 13,200 shares during the period. Matthews International Capital Management LLC raised its holdings in shares of Futu by 214.5% in the 4th quarter. Matthews International Capital Management LLC now owns 150,906 shares of the company’s stock valued at $24,780,000 after purchasing an additional 102,918 shares during the period. Finally, Pictet Asset Management Holding SA lifted its stake in Futu by 44.4% in the 4th quarter. Pictet Asset Management Holding SA now owns 125,264 shares of the company’s stock valued at $20,581,000 after purchasing an additional 38,499 shares during the last quarter.

Futu Stock Up 3.3%

Futu stock opened at $98.28 on Tuesday. The company’s 50-day moving average price is $102.96 and its two-hundred day moving average price is $136.92. The stock has a market cap of $13.78 billion, a P/E ratio of 10.81, a P/E/G ratio of 1.12 and a beta of 0.39. Futu Holdings Limited Sponsored ADR has a twelve month low of $80.50 and a twelve month high of $202.53.

Futu (NASDAQ:FUTU – Get Free Report) last issued its quarterly earnings data on Thursday, May 28th. The company reported $0.77 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.89 by ($2.12). Futu had a return on equity of 26.48% and a net margin of 41.87%.The firm had revenue of $694.17 million for the quarter, compared to the consensus estimate of $761.35 million. Equities analysts anticipate that Futu Holdings Limited Sponsored ADR will post 8.95 earnings per share for the current fiscal year.

Key Futu News

Here are the key news stories impacting Futu this week:

Negative Sentiment: Multiple law firms, including Rosen, Faruqi & Faruqi, Kahn Swick & Foti, Glancy Prongay Wolke & Rotter, Kaplan Fox, Bronstein Gewirtz & Grossman, Levi & Korsinsky, and Berger Montague, all issued notices reminding shareholders about an August 25, 2026 lead-plaintiff deadline in a filed securities class action against Futu. Article Title
Negative Sentiment: The lawsuits allege investor harm tied to undisclosed regulatory compliance failures and other securities-law violations, which can weigh on sentiment and raise concerns about potential legal costs, damages, and reputational damage for Futu. Article Title
Neutral Sentiment: The news mostly consists of repetitive legal notices rather than new operational disclosures, so the immediate stock impact is driven more by headline risk than by fresh fundamental information. Article Title

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on FUTU shares. Jefferies Financial Group reiterated a “buy” rating and set a $170.50 price target on shares of Futu in a report on Thursday, May 28th. The Goldman Sachs Group lowered Futu from a “buy” rating to a “neutral” rating and set a $102.13 price objective on the stock. in a research note on Monday, May 25th. Wall Street Zen downgraded Futu from a “hold” rating to a “sell” rating in a research note on Saturday, May 30th. JPMorgan Chase & Co. reissued a “neutral” rating and set a $87.00 target price (down from $300.00) on shares of Futu in a report on Friday, May 22nd. Finally, Zacks Research cut Futu from a “hold” rating to a “strong sell” rating in a research note on Monday, June 8th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $162.80.

Get Our Latest Analysis on Futu

Futu Profile

(Free Report)

Futu Holdings Ltd. is a technology-driven brokerage and wealth management company that provides online brokerage services, market data, and investment tools to retail and institutional clients. Headquartered in Hong Kong and listed on the NASDAQ under the ticker FUTU, the company operates digital trading platforms that combine order execution, real-time quotes, news, and research tools to serve active investors and wealth management customers.

The firm’s product suite includes brokerage access to equities, exchange-traded funds and derivatives across major markets, margin financing, initial public offering (IPO) subscription services, wealth management products and discretionary investment solutions.