2,317,491 Shares of Figure Technology Solutions, Inc. $FIGR Purchased by Mitsubishi UFJ Financial Group Inc.

Mitsubishi UFJ Financial Group Inc. purchased a new stake in shares of Figure Technology Solutions, Inc. (NASDAQ:FIGR – Free Report) in the third quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 2,317,491 shares of the company’s stock, valued at approximately $66,860,000. Figure Technology Solutions accounts for approximately 0.1% of Mitsubishi UFJ Financial Group Inc.’s portfolio, making the stock its 2nd largest position. Mitsubishi UFJ Financial Group Inc. owned 1.25% of Figure Technology Solutions at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Granahan Investment Management LLC raised its holdings in Figure Technology Solutions by 40.6% in the first quarter. Granahan Investment Management LLC now owns 935,400 shares of the company’s stock worth $31,757,000 after buying an additional 269,882 shares during the last quarter. Brooklands Fund Management Ltd purchased a new stake in shares of Figure Technology Solutions during the third quarter valued at approximately $24,600,000. Maplelane Capital LLC purchased a new stake in shares of Figure Technology Solutions during the first quarter valued at approximately $23,120,000. Hiddenite Capital Partners LP bought a new stake in shares of Figure Technology Solutions during the third quarter valued at approximately $14,569,000. Finally, Bank of New York Mellon Corp bought a new stake in shares of Figure Technology Solutions during the second quarter valued at approximately $10,875,000.

Top Figure Technology Solutions Stories

These are some of the FIGR stories that stood out recently:

  • Positive Sentiment: Q3 2026 earnings were $0.36 per share, above the $0.31 consensus estimate, while revenue reached $283.35 million, up 84% year over year. The results offer evidence of strong growth and exceeded expectations. Read More.
  • Neutral Sentiment: Figure entered into a $465 million senior secured revolving credit facility with JPMorgan Chase. The facility provides access to additional liquidity, though it is secured financing and could entail borrowing costs and obligations. Read More.
  • Negative Sentiment: Zacks Research recently downgraded FIGR from “strong buy” to “hold,” and a separate Keefe, Bruyette & Woods report was described as a pessimistic forecast. These cautious views may weigh on sentiment despite the earnings beat. Read More.

Analysts Set New Price Targets

A number of brokerages recently weighed in on FIGR. Freedom Broker upgraded shares of Figure Technology Solutions to a “strong-buy” rating in a report on Thursday, October 15th. Wall Street Zen upgraded Figure Technology Solutions from a “sell” rating to a “hold” rating in a research note on Saturday, August 15th. The Goldman Sachs Group set a $41.00 target price on Figure Technology Solutions in a report on Wednesday, October 7th. Weiss Ratings lowered Figure Technology Solutions from a “hold (c)” rating to a “sell (d+)” rating in a report on Friday, September 11th. Finally, Sanford C. Bernstein boosted their price target on Figure Technology Solutions from $67.00 to $70.00 and gave the stock an “outperform” rating in a research note on Thursday, August 6th. Three research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $52.43.

View Our Latest Research Report on FIGR

Insider Buying and Selling

In other news, CFO Minchung Kgil sold 8,000 shares of the firm’s stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $38.69, for a total value of $309,520.00. Following the transaction, the chief financial officer owned 483,651 shares of the company’s stock, valued at $18,712,457.19. This trade represents a 1.63% decrease in their ownership of the stock. The transaction 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. 26.60% of the stock is currently owned by insiders.

Figure Technology Solutions Trading Up 6.1%

NASDAQ:FIGR opened at $25.67 on Friday. Figure Technology Solutions, Inc. has a one year low of $19.54 and a one year high of $78.00. The business has a fifty day moving average price of $28.56 and a 200-day moving average price of $32.63. The firm has a market capitalization of $4.77 billion, a price-to-earnings ratio of 25.46, a price-to-earnings-growth ratio of 0.36 and a beta of 0.94. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.86 and a quick ratio of 1.86.

Figure Technology Solutions (NASDAQ:FIGR – Get Free Report) last released its earnings results on Thursday, November 12th. The company reported $0.36 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.05. Figure Technology Solutions had a return on equity of 18.90% and a net margin of 33.45%. The company had revenue of $283.35 million for the quarter. During the same quarter last year, the firm posted $0.34 earnings per share. Figure Technology Solutions’s revenue for the quarter was up 84.0% on a year-over-year basis. Sell-side analysts forecast that Figure Technology Solutions, Inc. will post 1.18 EPS for the current year.

Figure Technology Solutions Profile

(Free Report)

Figure Technology Solutions is a financial technology company that develops blockchain-based platforms for lending and capital markets. Its technology is designed to digitize and streamline financial transactions, including loan origination and the trading of financial assets. The company’s offerings include home equity financing and technology for financial institutions and other lending partners. Figure also operates digital marketplaces and provides services supporting the issuance and transfer of assets on the Provenance Blockchain.

See Also

Want to see what other hedge funds are holding FIGR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Figure Technology Solutions, Inc. (NASDAQ:FIGR – Free Report).

Institutional Ownership by Quarter for Figure Technology Solutions (NASDAQ:FIGR)

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