Futu Holdings Limited Sponsored ADR $FUTU Shares Purchased by Himension Capital Singapore PTE. LTD.

Himension Capital Singapore PTE. LTD. grew its stake in shares of Futu Holdings Limited Sponsored ADR (NASDAQ:FUTU) by 21.5% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 68,881 shares of the company’s stock after buying an additional 12,205 shares during the period. Futu accounts for 0.7% of Himension Capital Singapore PTE. LTD.’s investment portfolio, making the stock its 24th biggest position. Himension Capital Singapore PTE. LTD.’s holdings in Futu were worth $9,420,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently made changes to their positions in FUTU. PNC Financial Services Group Inc. lifted its position in shares of Futu by 12.7% in the first quarter. PNC Financial Services Group Inc. now owns 3,316 shares of the company’s stock valued at $453,000 after acquiring an additional 374 shares in the last quarter. WCM Investment Management LLC increased its position in Futu by 116.0% during the 1st quarter. WCM Investment Management LLC now owns 2,816 shares of the company’s stock worth $370,000 after purchasing an additional 1,512 shares in the last quarter. SEB Asset Management AB purchased a new stake in Futu during the 1st quarter worth about $1,110,000. Jennison Associates LLC raised its stake in Futu by 31.1% in the 1st quarter. Jennison Associates LLC now owns 211,509 shares of the company’s stock valued at $28,926,000 after purchasing an additional 50,229 shares during the last quarter. Finally, Dorsey Wright & Associates lifted its holdings in Futu by 40.7% in the 1st quarter. Dorsey Wright & Associates now owns 14,768 shares of the company’s stock valued at $2,020,000 after purchasing an additional 4,274 shares in the last quarter.

More Futu News

Here are the key news stories impacting Futu this week:

• Negative Sentiment: Multiple law firms, including Pomerantz, Bronstein Gewirtz & Grossman, Schall, Rosen, Robbins, Kaplan Fox, Glancy Prongay Wolke & Rotter, Levi & Korsinsky, Berger Montague, and others, announced or reiterated class-action claims against Futu Holdings over alleged securities law violations during the May 24, 2023 to May 27, 2026 period, with lead-plaintiff deadlines clustered around August 25, 2026. Article Title
• Negative Sentiment: One allegation highlighted in the notices is that Futu may have made generic CSRC-compliance risk disclosures while allegedly operating without required licenses and facing a RMB 1.85 billion penalty, which could raise investor concerns about regulatory and disclosure risk. Article Title
• Neutral Sentiment: The flood of law-firm announcements mainly reflects litigation marketing and case-deadline reminders, but it adds uncertainty and headline risk for the stock until more details emerge. Article Title

Wall Street Analyst Weigh In

FUTU has been the subject of a number of recent research reports. JPMorgan Chase & Co. reiterated a “neutral” rating and set a $87.00 price target (down from $300.00) on shares of Futu in a report on Friday, May 22nd. Zacks Research downgraded shares of Futu from a “hold” rating to a “strong sell” rating in a research note on Monday, June 8th. The Goldman Sachs Group downgraded shares of Futu from a “buy” rating to a “neutral” rating and set a $102.13 price objective on the stock. in a research note on Monday, May 25th. Jefferies Financial Group restated a “buy” rating and set a $170.50 target price on shares of Futu in a research report on Thursday, May 28th. Finally, Wall Street Zen cut shares of Futu from a “hold” rating to a “sell” rating in a research note on Saturday, May 30th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $162.80.

Futu Trading Up 5.5%

NASDAQ FUTU opened at $103.66 on Wednesday. The business’s 50-day moving average price is $102.30 and its 200 day moving average price is $136.50. 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 market capitalization of $14.53 billion, a PE ratio of 11.40, a price-to-earnings-growth ratio of 1.15 and a beta of 0.39.

Futu (NASDAQ:FUTU) last posted 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. Equities analysts predict that Futu Holdings Limited Sponsored ADR will post 8.95 EPS for the current year.

Futu Company Profile

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.