Prospera Financial Services Inc Buys Shares of 24,982 Figure Technology Solutions, Inc. $FIGR

Posted by Francis Steltz on May 29th, 2026

Prospera Financial Services Inc bought a new stake in Figure Technology Solutions, Inc. (NASDAQ:FIGR – Free Report) during the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 24,982 shares of the company’s stock, valued at approximately $1,020,000.

Other institutional investors also recently made changes to their positions in the company. Global Retirement Partners LLC acquired a new position in shares of Figure Technology Solutions in the 4th quarter valued at approximately $25,000. Strs Ohio acquired a new position in shares of Figure Technology Solutions in the 4th quarter valued at approximately $34,000. Flagship Harbor Advisors LLC acquired a new position in shares of Figure Technology Solutions in the 4th quarter valued at approximately $40,000. SBI Securities Co. Ltd. acquired a new position in shares of Figure Technology Solutions in the 3rd quarter valued at approximately $66,000. Finally, PNC Financial Services Group Inc. acquired a new position in shares of Figure Technology Solutions in the 3rd quarter valued at approximately $73,000.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Texas Capital raised Figure Technology Solutions to a “strong-buy” rating in a research report on Thursday, January 29th. Needham & Company LLC reaffirmed a “buy” rating and issued a $55.00 target price on shares of Figure Technology Solutions in a research report on Wednesday, May 13th. The Goldman Sachs Group decreased their target price on Figure Technology Solutions from $49.00 to $44.00 and set a “buy” rating for the company in a research report on Monday, March 2nd. Keefe, Bruyette & Woods upgraded Figure Technology Solutions from a “moderate buy” rating to a “strong-buy” rating in a research report on Thursday, February 19th. Finally, Mizuho upped their price target on Figure Technology Solutions from $45.00 to $55.00 and gave the company an “outperform” rating in a research report on Thursday, May 14th. Two analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $53.63.

View Our Latest Report on FIGR

Figure Technology Solutions Stock Performance

FIGR stock opened at $34.73 on Friday. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.20. The firm has a market cap of $6.34 billion and a P/E ratio of 59.88. Figure Technology Solutions, Inc. has a 12-month low of $25.01 and a 12-month high of $78.00. The stock’s 50 day simple moving average is $35.05 and its 200 day simple moving average is $40.07.

Figure Technology Solutions (NASDAQ:FIGR – Get Free Report) last posted its quarterly earnings results on Monday, May 11th. The company reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.01. The firm had revenue of $166.84 million for the quarter. As a group, equities research analysts predict that Figure Technology Solutions, Inc. will post 0.94 EPS for the current year.

Figure Technology Solutions declared that its Board of Directors has approved a share buyback program on Thursday, February 26th that authorizes the company to buyback $200.00 million in shares. This buyback authorization authorizes the company to repurchase up to 3.3% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s board of directors believes its shares are undervalued.

Insider Activity

In related news, Director Michael Scott Cagney sold 67,840 shares of the company’s stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $35.19, for a total transaction of $2,387,289.60. Following the completion of the transaction, the director directly owned 67,840 shares in the company, valued at $2,387,289.60. This represents a 50.00% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider David Todd Stevens sold 49,708 shares of the company’s stock in a transaction on Thursday, March 19th. The stock was sold at an average price of $32.02, for a total value of $1,591,650.16. Following the transaction, the insider owned 436,089 shares of the company’s stock, valued at approximately $13,963,569.78. The trade was a 10.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 728,641 shares of company stock worth $25,288,002 over the last 90 days. Insiders own 26.60% of the company’s stock.

Figure Technology Solutions Profile

(Free Report)

Figure is building the future of capital markets using blockchain-based technology. Figure’s proprietary technology powers next-generation lending, trading and investing activities in areas such as consumer credit and digital assets. Our application of the blockchain ledger allows us to better serve our end-customers, improve speed and efficiency, and enhance standardization and liquidity. Using our technology, we continue to develop dynamic, vertically-integrated marketplaces across the approximately $2 trillion consumer credit market and the rapidly growing approximately $4 trillion cryptocurrency and digital asset market.