Matthews International Capital Management LLC Has $9.40 Million Stake in Futu Holdings Limited Sponsored ADR $FUTU

Matthews International Capital Management LLC cut its position in Futu Holdings Limited Sponsored ADR (NASDAQ:FUTU) by 54.5% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 68,723 shares of the company’s stock after selling 82,183 shares during the period. Futu comprises about 3.8% of Matthews International Capital Management LLC’s portfolio, making the stock its 7th largest position. Matthews International Capital Management LLC’s holdings in Futu were worth $9,399,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. CoreCap Advisors LLC lifted its holdings in Futu by 2.8% during the fourth quarter. CoreCap Advisors LLC now owns 2,455 shares of the company’s stock worth $403,000 after acquiring an additional 68 shares in the last quarter. Lifestyle Asset Management Inc. increased its holdings in shares of Futu by 2.2% in the fourth quarter. Lifestyle Asset Management Inc. now owns 3,420 shares of the company’s stock worth $562,000 after acquiring an additional 72 shares in the last quarter. Orion Porfolio Solutions LLC raised its position in shares of Futu by 3.3% during the fourth quarter. Orion Porfolio Solutions LLC now owns 2,391 shares of the company’s stock worth $393,000 after purchasing an additional 77 shares during the period. Personal CFO Solutions LLC lifted its holdings in shares of Futu by 5.1% during the 4th quarter. Personal CFO Solutions LLC now owns 1,713 shares of the company’s stock valued at $281,000 after purchasing an additional 83 shares in the last quarter. Finally, Rockefeller Capital Management L.P. lifted its holdings in shares of Futu by 59.2% during the 4th quarter. Rockefeller Capital Management L.P. now owns 226 shares of the company’s stock valued at $37,000 after purchasing an additional 84 shares in the last quarter.

Futu News Roundup

Here are the key news stories impacting Futu this week:

• Negative Sentiment: Multiple law firms, including Frank R. Cruz, Schall, Faruqi & Faruqi, The Gross Law Firm, Pomerantz, Rosen, ClaimsFiler, SueWallSt, and KSF, issued fresh notices or reminders about a pending class action against Futu, keeping the litigation risk front and center for shareholders. Article Title
• Negative Sentiment: The lawsuit alleges violations of U.S. securities laws and cites a class period from May 24, 2023 through May 27, 2026, with an August 25, 2026 lead-plaintiff deadline, suggesting the legal process could remain a drag on the stock in the near term. Article Title
• Negative Sentiment: One legal notice specifically highlighted alleged regulatory compliance failures and referenced an approximately 32% stock decline, reinforcing concerns that the litigation may be tied to prior operational or disclosure issues. Article Title
• Neutral Sentiment: Short-interest data was updated, but the report showed 0 shares of short interest, offering little new fundamental insight for investors.

Futu Price Performance

Shares of FUTU opened at $96.33 on Monday. The stock has a market capitalization of $13.50 billion, a P/E ratio of 10.60, a P/E/G ratio of 1.13 and a beta of 0.39. Futu Holdings Limited Sponsored ADR has a twelve month low of $80.50 and a twelve month high of $202.53. The company has a 50 day moving average of $109.45 and a 200-day moving average of $139.78.

Futu (NASDAQ:FUTU) last announced its quarterly earnings data on Thursday, May 28th. The company reported $0.77 EPS for the quarter, missing analysts’ consensus estimates of $2.89 by ($2.12). The business had revenue of $694.17 million during the quarter, compared to the consensus estimate of $761.35 million. Futu had a return on equity of 26.48% and a net margin of 41.87%. On average, sell-side analysts anticipate that Futu Holdings Limited Sponsored ADR will post 8.95 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts recently issued reports on FUTU shares. The Goldman Sachs Group lowered Futu from a “buy” rating to a “neutral” rating and set a $102.13 price objective for the company. in a research report on Monday, May 25th. Barclays cut their price target on shares of Futu from $236.00 to $200.00 and set an “overweight” rating on the stock in a research note on Monday, March 16th. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $87.00 price target (down from $300.00) on shares of Futu in a report on Friday, May 22nd. Jefferies Financial Group reissued a “buy” rating and set a $170.50 price objective on shares of Futu in a research report on Thursday, May 28th. Finally, Zacks Research lowered shares of Futu from a “hold” rating to a “strong sell” rating in a report on Monday, June 8th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $162.80.

About Futu

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.