Mitsubishi UFJ Financial Group Inc. acquired a new position in Figure Technology Solutions, Inc. (NASDAQ:FIGR – Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 2,317,491 shares of the company’s stock, valued at approximately $66,860,000. Figure Technology Solutions makes up approximately 0.1% of Mitsubishi UFJ Financial Group Inc.’s investment portfolio, making the stock its 2nd largest holding.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. State of Wyoming raised its position in shares of Figure Technology Solutions by 14.8% during the 1st quarter. State of Wyoming now owns 3,864 shares of the company’s stock valued at $131,000 after purchasing an additional 498 shares during the period. Arcus Capital Partners LLC boosted its holdings in Figure Technology Solutions by 7.9% in the 1st quarter. Arcus Capital Partners LLC now owns 7,400 shares of the company’s stock worth $251,000 after buying an additional 541 shares during the period. HB Wealth Management LLC boosted its holdings in Figure Technology Solutions by 4.5% in the 2nd quarter. HB Wealth Management LLC now owns 18,389 shares of the company’s stock worth $565,000 after buying an additional 788 shares during the period. WPG Advisers LLC increased its stake in Figure Technology Solutions by 98.5% in the 3rd quarter. WPG Advisers LLC now owns 1,640 shares of the company’s stock worth $47,000 after buying an additional 814 shares in the last quarter. Finally, Concurrent Investment Advisors LLC increased its stake in Figure Technology Solutions by 16.0% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 6,988 shares of the company’s stock worth $215,000 after buying an additional 966 shares in the last quarter.
Wall Street Analyst Weigh In
A number of research firms have commented on FIGR. Zacks Research cut Figure Technology Solutions from a “strong-buy” rating to a “hold” rating in a report on Monday. Freedom Broker raised Figure Technology Solutions to a “strong-buy” rating in a research note on Thursday, October 15th. Weiss Ratings cut Figure Technology Solutions from a “hold (c)” rating to a “sell (d+)” rating in a research report on Friday, September 11th. Wall Street Zen upgraded Figure Technology Solutions from a “sell” rating to a “hold” rating in a research report on Saturday, August 15th. Finally, Keefe, Bruyette & Woods decreased their target price on Figure Technology Solutions from $45.00 to $37.00 and set an “outperform” rating on the stock in a research note on Monday. Three equities research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Figure Technology Solutions presently has an average rating of “Moderate Buy” and an average target price of $52.43.
View Our Latest Report on FIGR
Key Stories Impacting Figure Technology Solutions
Investors following FIGR have been watching these stories:
- 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.
- Positive Sentiment: The company’s Q3 earnings call was characterized as signaling strong growth, potentially reinforcing the favorable results. 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.
Figure Technology Solutions Trading Up 6.1%
Figure Technology Solutions stock opened at $25.67 on Friday. Figure Technology Solutions, Inc. has a 1 year low of $19.54 and a 1 year high of $78.00. The firm’s 50 day moving average price is $28.56 and its 200-day moving average price is $32.63. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.86 and a quick ratio of 1.86. The stock has a market cap of $4.77 billion, a P/E ratio of 25.46, a PEG ratio of 0.36 and a beta of 0.94.
Figure Technology Solutions (NASDAQ:FIGR – Get Free Report) last issued its earnings results on Thursday, November 12th. The company reported $0.36 earnings per share for the quarter, topping analysts’ consensus estimates of $0.31 by $0.05. Figure Technology Solutions had a net margin of 33.45% and a return on equity of 18.90%. The firm had revenue of $283.35 million during the quarter. During the same quarter in the prior year, the company posted $0.34 EPS. Figure Technology Solutions’s revenue was up 84.0% compared to the same quarter last year. On average, equities analysts predict that Figure Technology Solutions, Inc. will post 1.18 earnings per share for the current fiscal year.
Insider Transactions at Figure Technology Solutions
In other Figure Technology Solutions news, CFO Minchung Kgil sold 8,000 shares of Figure Technology Solutions stock in a transaction on Monday, August 24th. The shares were sold at an average price of $38.69, for a total value of $309,520.00. Following the sale, the chief financial officer directly owned 483,651 shares in the company, valued at approximately $18,712,457.19. The trade was a 1.63% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 26.60% of the company’s stock.
Figure Technology Solutions Profile
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.
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