Vanguard Group Inc. raised its stake in Figure Technology Solutions, Inc. (NASDAQ:FIGR – Free Report) by 17.9% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 2,974,853 shares of the company’s stock after buying an additional 452,136 shares during the quarter. Vanguard Group Inc.’s holdings in Figure Technology Solutions were worth $121,493,000 as of its most recent filing with the SEC.
A number of other institutional investors also recently made changes to their positions in the stock. Emerald Mutual Fund Advisers Trust bought a new position in shares of Figure Technology Solutions in the third quarter valued at approximately $1,013,000. Federated Hermes Inc. acquired a new stake in Figure Technology Solutions in the third quarter worth approximately $8,183,000. TD Waterhouse Canada Inc. acquired a new position in shares of Figure Technology Solutions during the 3rd quarter valued at $2,157,000. Lisanti Capital Growth LLC bought a new stake in shares of Figure Technology Solutions in the 3rd quarter worth $3,780,000. Finally, Mutual Advisors LLC acquired a new stake in shares of Figure Technology Solutions in the third quarter valued at $1,446,000.
Analysts Set New Price Targets
A number of research firms have commented on FIGR. Mizuho reduced their price objective on shares of Figure Technology Solutions from $55.00 to $45.00 and set an “outperform” rating for the company in a research note on Thursday, March 26th. Keefe, Bruyette & Woods raised Figure Technology Solutions from a “moderate buy” rating to a “strong-buy” rating in a research report on Thursday, February 19th. Weiss Ratings downgraded Figure Technology Solutions from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday, April 24th. The Goldman Sachs Group lowered their target price on shares of Figure Technology Solutions from $49.00 to $44.00 and set a “buy” rating on the stock in a report on Monday, March 2nd. Finally, Piper Sandler lifted their price objective on Figure Technology Solutions from $55.00 to $75.00 and gave the company an “overweight” rating in a research report on Wednesday, January 14th. Two equities research 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 issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $52.38.
Insider Buying and Selling
In other news, insider David Todd Stevens sold 49,708 shares of the company’s stock in a transaction dated 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 completion of the sale, the insider directly owned 436,089 shares of the company’s stock, valued at $13,963,569.78. This represents a 10.23% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Minchung Kgil sold 8,000 shares of Figure Technology Solutions stock in a transaction that occurred on Friday, April 24th. The stock was sold at an average price of $32.25, for a total transaction of $258,000.00. Following the transaction, the chief financial officer directly owned 548,098 shares in the company, valued at $17,676,160.50. The trade was a 1.44% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 620,352 shares of company stock worth $20,812,730 over the last quarter. Insiders own 26.60% of the company’s stock.
Figure Technology Solutions Price Performance
FIGR opened at $39.50 on Wednesday. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.20 and a quick ratio of 2.20. The stock has a market capitalization of $7.18 billion and a P/E ratio of 98.75. The company’s 50 day simple moving average is $34.20 and its 200-day simple moving average is $40.31. Figure Technology Solutions, Inc. has a one year low of $25.01 and a one year high of $78.00.
Figure Technology Solutions (NASDAQ:FIGR – Get Free Report) last released its quarterly earnings data on Monday, May 11th. The company reported $0.18 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.01. The company had revenue of $166.84 million during the quarter. Sell-side analysts anticipate that Figure Technology Solutions, Inc. will post 0.93 earnings per share for the current fiscal year.
Figure Technology Solutions announced that its board has approved a share buyback plan on Thursday, February 26th that permits the company to repurchase $200.00 million in shares. This repurchase authorization permits the company to buy up to 3.3% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s leadership believes its shares are undervalued.
Figure Technology Solutions News Summary
Here are the key news stories impacting Figure Technology Solutions this week:
- Positive Sentiment: Figure reported Q1 2026 EPS of $0.18, slightly above the $0.17 consensus, on revenue of $166.84 million. The company also said net revenue jumped 92% year over year, highlighting strong operating momentum. Figure Technology Solutions Reports First Quarter 2026 Results, Achieves Record Consumer Loan Marketplace Volume
- Positive Sentiment: Consumer Loan Marketplace volume reached a record $2.9 billion in the quarter, up 113% from a year earlier, with Figure Connect contributing $1.6 billion. Management also guided Q2 marketplace volume to $3.8 billion-$4.1 billion, supporting expectations for continued growth. Figure Technology Solutions jumps as Q1 profit, revenue and loan marketplace volume top expectations; Q2 volume guidance offered
- Positive Sentiment: Profitability improved as well, with net income of $45 million and adjusted EBITDA of about $83 million, showing that growth is translating into strong margins. Figure Technology Solutions jumps as Q1 profit, revenue and loan marketplace volume top expectations; Q2 volume guidance offered
- Neutral Sentiment: Recent analyst coverage remains constructive, with several buy-equivalent ratings and a median price target around $53, which may help reinforce investor confidence but is not a new catalyst. Figure Technology Solutions jumps as Q1 profit, revenue and loan marketplace volume top expectations; Q2 volume guidance offered
Figure Technology Solutions Company 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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