Myriad Asset Management Advisors LLC Takes Position in Futu Holdings Limited Sponsored ADR $FUTU

Myriad Asset Management Advisors LLC purchased a new stake in Futu Holdings Limited Sponsored ADR (NASDAQ:FUTU) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 8,660 shares of the company’s stock, valued at approximately $1,422,000.

Other hedge funds have also made changes to their positions in the company. Geneos Wealth Management Inc. purchased a new stake in shares of Futu in the 1st quarter valued at approximately $27,000. Hilton Head Capital Partners LLC purchased a new stake in shares of Futu in the 4th quarter valued at approximately $49,000. Quarry LP purchased a new stake in shares of Futu in the 3rd quarter valued at approximately $51,000. Farther Finance Advisors LLC grew its stake in shares of Futu by 53.2% in the 4th quarter. Farther Finance Advisors LLC now owns 331 shares of the company’s stock valued at $54,000 after buying an additional 115 shares during the period. Finally, Wealth Enhancement Advisory Services LLC purchased a new stake in shares of Futu in the 4th quarter valued at approximately $61,000.

Futu Stock Up 1.8%

Shares of FUTU stock opened at $92.93 on Thursday. Futu Holdings Limited Sponsored ADR has a 52 week low of $80.50 and a 52 week high of $202.53. The stock has a market capitalization of $13.03 billion, a PE ratio of 10.22, a P/E/G ratio of 1.07 and a beta of 0.40. The firm has a 50 day moving average of $134.65 and a two-hundred day moving average of $150.85.

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

Futu Announces Dividend

The firm also recently declared a special dividend, which was paid on Wednesday, April 29th. Shareholders of record on Thursday, April 16th were given a $2.60 dividend. The ex-dividend date of this dividend was Thursday, April 16th. Futu’s dividend payout ratio (DPR) is currently 28.05%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on FUTU. JPMorgan Chase & Co. reissued a “neutral” rating and issued a $87.00 price target (down from $300.00) on shares of Futu in a research note on Friday, May 22nd. Jefferies Financial Group reissued a “buy” rating and issued a $170.50 price target on shares of Futu in a research note on Thursday, May 28th. Barclays dropped their price target on shares of Futu from $236.00 to $200.00 and set an “overweight” rating for the company in a research note on Monday, March 16th. The Goldman Sachs Group cut shares of Futu from a “buy” rating to a “neutral” rating and set a $102.13 price target for the company. in a research note on Monday, May 25th. Finally, Wall Street Zen cut shares of Futu from a “hold” rating to a “sell” rating in a research report on Saturday, May 30th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $162.80.

Key Futu News

Here are the key news stories impacting Futu this week:

• Positive Sentiment: Futu’s latest quarterly update was highlighted for strong Q1 2026 growth, driven by record trading volume, which supports the view that underlying business activity remains healthy. Futu Holdings (FUTU) Reports Strong Q1 2026 Growth Driven by Record Trading Volume
• Positive Sentiment: Barclays reiterated a constructive view by assigning Futu a “Buy” rating, suggesting some analysts still see valuation or growth upside. Futu Holdings (FUTU) Receives a Buy from Barclays
• Neutral Sentiment: Futu continues to attract investor-rights law firm attention, with Kirby McInerney and Rosen Law Firm both announcing investigations into possible securities-law violations and potentially misleading disclosures. These headlines add uncertainty, but no formal wrongdoing has been established yet. FUTU INVESTOR ALERT: Kirby McInerney LLP Investigates Potential Claims Involving Futu Holdings Limited
• Negative Sentiment: Futu was downgraded by Zacks Research from “hold” to “strong sell,” reinforcing bearish sentiment around the stock. Zacks Research downgrade on Futu
• Negative Sentiment: Short interest rose sharply in May, indicating more traders are betting against FUTU and adding pressure on the shares. FUTU shareholder alert about securities laws violations

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.