Quantinno Capital Management LP acquired a new position in Figure Technology Solutions, Inc. (NASDAQ:FIGR – Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 32,349 shares of the company’s stock, valued at approximately $1,098,000.
Other large investors have also recently bought and sold shares of the company. WPG Advisers LLC boosted its position in Figure Technology Solutions by 71.1% in the 1st quarter. WPG Advisers LLC now owns 934 shares of the company’s stock valued at $32,000 after buying an additional 388 shares during the last quarter. State of Wyoming raised its position in shares of Figure Technology Solutions by 14.8% during the first quarter. State of Wyoming now owns 3,864 shares of the company’s stock worth $131,000 after acquiring an additional 498 shares during the last quarter. Arcus Capital Partners LLC raised its position in shares of Figure Technology Solutions by 7.9% during the first quarter. Arcus Capital Partners LLC now owns 7,400 shares of the company’s stock worth $251,000 after acquiring an additional 541 shares during the last quarter. Global Retirement Partners LLC acquired a new position in shares of Figure Technology Solutions during the fourth quarter valued at $25,000. Finally, Wells Fargo & Company MN lifted its stake in shares of Figure Technology Solutions by 3.5% during the fourth quarter. Wells Fargo & Company MN now owns 18,429 shares of the company’s stock valued at $753,000 after acquiring an additional 616 shares during the period.
Insider Activity
In related news, CEO Michael Benjamin Tannenbaum sold 14,871 shares of the business’s stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $37.27, for a total value of $554,242.17. Following the completion of the transaction, the chief executive officer directly owned 3,193,641 shares in the company, valued at approximately $119,027,000.07. The trade was a 0.46% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Minchung Kgil sold 9,117 shares of the stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $30.06, for a total value of $274,057.02. Following the sale, the chief financial officer directly owned 507,651 shares of the company’s stock, valued at approximately $15,259,989.06. The trade was a 1.76% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 42,019 shares of company stock worth $1,364,796 in the last quarter. 26.60% of the stock is currently owned by company insiders.
Figure Technology Solutions Stock Performance
Figure Technology Solutions (NASDAQ:FIGR – Get Free Report) last posted its earnings results on Thursday, August 13th. The company reported $0.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.24 by $0.11. Figure Technology Solutions had a return on equity of 19.58% and a net margin of 33.45%.The firm had revenue of $218.45 million during the quarter. As a group, research analysts forecast that Figure Technology Solutions, Inc. will post 1.01 earnings per share for the current year.
Trending Headlines about 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.
Wall Street Analysts Forecast Growth
Several research firms recently issued reports on FIGR. Piper Sandler decreased their price target on Figure Technology Solutions from $75.00 to $65.00 and set an “overweight” rating on the stock in a report on Wednesday, July 15th. Wall Street Zen raised Figure Technology Solutions from a “sell” rating to a “hold” rating in a report on Saturday. Needham & Company LLC restated a “buy” rating and set a $55.00 target price on shares of Figure Technology Solutions in a research report on Friday. Mizuho raised their target price on shares of 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, 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 research report on Monday, July 13th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $50.62.
Get Our Latest Research Report on Figure Technology Solutions
Figure Technology Solutions Profile
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.
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