Figure Technology Solutions (NASDAQ:FIGR) CFO Minchung Kgil Sells 4,000 Shares

Posted by Brian Himes on Aug 15th, 2026

Figure Technology Solutions, Inc. (NASDAQ:FIGR – Get Free Report) CFO Minchung Kgil sold 4,000 shares of the business’s stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $30.03, for a total transaction of $120,120.00. Following the completion of the sale, the chief financial officer owned 491,651 shares in the company, valued at approximately $14,764,279.53. This trade represents a 0.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Minchung Kgil also recently made the following trade(s):

On Friday, July 24th, Minchung Kgil sold 4,000 shares of Figure Technology Solutions stock. The stock was sold at an average price of $28.13, for a total transaction of $112,520.00.
On Tuesday, June 30th, Minchung Kgil sold 4,000 shares of Figure Technology Solutions stock. The stock was sold at an average price of $30.03, for a total value of $120,120.00.
On Wednesday, June 24th, Minchung Kgil sold 4,000 shares of Figure Technology Solutions stock. The shares were sold at an average price of $27.64, for a total value of $110,560.00.
On Monday, June 15th, Minchung Kgil sold 9,117 shares of Figure Technology Solutions stock. The shares were sold at an average price of $30.06, for a total transaction of $274,057.02.

Figure Technology Solutions Stock Performance

NASDAQ:FIGR opened at $31.43 on Friday. Figure Technology Solutions, Inc. has a 1-year low of $24.11 and a 1-year high of $78.00. The firm has a market cap of $5.74 billion and a price-to-earnings ratio of 33.80. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.90 and a quick ratio of 1.90. The firm’s fifty day moving average price is $29.26 and its 200 day moving average price is $33.91.

Figure Technology Solutions (NASDAQ:FIGR – Get Free Report) last released its quarterly earnings data on Thursday, August 13th. The company reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.11. The firm had revenue of $218.45 million during the quarter. Figure Technology Solutions had a return on equity of 19.58% and a net margin of 33.45%. On average, sell-side analysts expect that Figure Technology Solutions, Inc. will post 0.92 EPS for the current year.

Key Stories Impacting Figure Technology Solutions

Here are the key news stories impacting Figure Technology Solutions this week:

Positive Sentiment: Strong Q2 earnings: Figure reported diluted EPS of $0.35, exceeding the $0.24 consensus estimate, while net revenue reached $225.6 million, up 113% year over year. Net income surged 192% to $87.4 million, and adjusted EBITDA rose 126% to $119.4 million. Figure Technology Solutions Reports Strong Second Quarter 2026 Results
Positive Sentiment: Marketplace growth and upbeat outlook: Consumer Loan Marketplace volume increased 132% to $4.3 billion, with Figure Connect accounting for 65% of volume. Management projects third-quarter volume of $4.8 billion to $5.2 billion and said the pending Kiavi acquisition remains on track to close in the second half of 2026. Figure Projects Q3 Consumer Loan Marketplace Volume
Positive Sentiment: Analyst support: Needham reaffirmed its “buy” rating and assigned a $55 price target, implying substantial upside from recent trading levels. Needham Reaffirms Buy Rating on Figure Technology Solutions
Neutral Sentiment: Figure’s net take rate declined to 3.6% from 4.0% a year earlier, suggesting that competitive pricing or business mix may be tempering monetization even as transaction volume expands.
Negative Sentiment: Insider selling: CFO Minchung Kgil sold 4,000 shares for approximately $120,120 under a pre-arranged Rule 10b5-1 plan. The relatively small transaction followed a broader pattern of insider sales and no reported purchases, which may weigh on sentiment. SEC Insider Transaction Filing
Negative Sentiment: The stock remains valued at a relatively high earnings multiple, while Figure continues to identify risks involving lending conditions, regulation, technology, third-party providers and the successful completion of the Kiavi acquisition.

Institutional Trading of Figure Technology Solutions

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Ninepoint Partners LP bought a new position in Figure Technology Solutions during the second quarter valued at about $746,000. Bank of New York Mellon Corp acquired a new position in shares of Figure Technology Solutions in the 2nd quarter valued at $10,875,000. Handelsbanken Fonder AB acquired a new position in shares of Figure Technology Solutions in the second quarter worth about $1,370,000. CTC Alternative Strategies Ltd. purchased a new stake in shares of Figure Technology Solutions in the 1st quarter valued at approximately $511,000. Finally, Vestor Capital LLC grew its position in Figure Technology Solutions by 2,908.7% during the 1st quarter. Vestor Capital LLC now owns 81,234 shares of the company’s stock worth $2,758,000 after purchasing an additional 78,534 shares in the last quarter.

Analysts Set New Price Targets

A number of brokerages have recently commented on FIGR. Sanford C. Bernstein raised their target price on shares of Figure Technology Solutions from $67.00 to $70.00 and gave the company an “outperform” rating in a research note on Thursday, August 6th. Weiss Ratings upgraded Figure Technology Solutions from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, June 4th. Keefe, Bruyette & Woods lowered their price target on shares of Figure Technology Solutions from $55.00 to $45.00 and set an “outperform” rating for the company in a report on Monday, July 13th. Mizuho raised their target price on Figure Technology Solutions from $45.00 to $55.00 and gave the company an “outperform” rating in a research note on Thursday, May 14th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $55.00 price target on shares of Figure Technology Solutions in a report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $50.62.

Check Out Our Latest Analysis on Figure Technology Solutions

Figure Technology Solutions Company Profile

(Get 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.