First Trust Advisors LP trimmed its stake in Futu Holdings Limited Sponsored ADR (NASDAQ:FUTU – Free Report) by 43.2% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 16,465 shares of the company’s stock after selling 12,548 shares during the quarter. First Trust Advisors LP’s holdings in Futu were worth $2,252,000 at the end of the most recent reporting period.
Several other institutional investors have also recently made changes to their positions in FUTU. V Square Quantitative Management LLC bought a new stake in shares of Futu during the 1st quarter worth approximately $25,000. Geneos Wealth Management Inc. bought a new position in shares of Futu in the first quarter valued at $27,000. Rockefeller Capital Management L.P. grew its stake in shares of Futu by 59.2% in the fourth quarter. Rockefeller Capital Management L.P. now owns 226 shares of the company’s stock valued at $37,000 after buying an additional 84 shares in the last quarter. Hilton Head Capital Partners LLC bought a new position in shares of Futu in the fourth quarter valued at $49,000. Finally, Parkside Financial Bank & Trust increased its holdings in Futu by 30,000.0% during the fourth quarter. Parkside Financial Bank & Trust now owns 301 shares of the company’s stock worth $49,000 after buying an additional 300 shares during the last quarter.
Analysts Set New Price Targets
Several research firms have issued reports on FUTU. Zacks Research raised shares of Futu from a “strong sell” rating to a “hold” rating in a research report on Monday, July 27th. Jefferies Financial Group reissued a “buy” rating and issued a $170.50 price objective on shares of Futu in a research report on Thursday, May 28th. The Goldman Sachs Group lowered shares of 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 cut shares of Futu from a “hold” rating to a “sell” rating in a report on Saturday, May 30th. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating and set a $87.00 price target (down from $300.00) on shares of Futu in a report on Friday, May 22nd. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $162.80.
Futu Price Performance
Shares of Futu stock opened at $109.02 on Friday. The business has a fifty day simple moving average of $98.91 and a two-hundred day simple moving average of $130.13. Futu Holdings Limited Sponsored ADR has a 1 year low of $80.50 and a 1 year high of $202.53. The company has a market capitalization of $15.28 billion, a price-to-earnings ratio of 11.99, a P/E/G ratio of 1.23 and a beta of 0.43.
Futu (NASDAQ:FUTU – Get Free Report) last released its quarterly earnings data on Thursday, May 28th. The company reported $0.77 EPS for the quarter, missing the consensus estimate of $2.89 by ($2.12). The company had revenue of $694.17 million during the quarter, compared to analyst estimates of $761.35 million. Futu had a net margin of 41.87% and a return on equity of 26.48%. As a group, equities analysts anticipate that Futu Holdings Limited Sponsored ADR will post 8.95 earnings per share for the current fiscal year.
Futu News Summary
Here are the key news stories impacting Futu this week:
- Neutral Sentiment: Futu announced that it will release second-quarter 2026 results before U.S. markets open on August 20. Investors will focus on client growth, trading activity, assets, regulatory costs and whether earnings recover from the prior quarter’s reported $0.77 per-share result versus the $2.89 consensus estimate. Futu Second-Quarter 2026 Earnings Announcement
- Negative Sentiment: Multiple law firms publicized an existing securities-fraud class action against Futu and reminded investors of an August 25 deadline to seek lead-plaintiff status. The repeated notices do not represent separate lawsuits, but they increase visibility around the allegations and may weigh on investor sentiment. Futu Securities Fraud Class Action Notice
- Negative Sentiment: The allegations center on claims that Futu failed to disclose regulatory-compliance problems, including an allegedly looming RMB 1.85 billion China Securities Regulatory Commission penalty, while promoting strong client growth and revenue. The lawsuit asserts that these disclosures contributed to an approximately 32% stock decline during the stated May 24, 2023–May 27, 2026 class period; the claims remain allegations and have not been proven. Futu Alleged Regulatory Compliance Failures
Futu Profile
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.
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