Insider Selling: Figure Technology Solutions (NASDAQ:FIGR) CEO Sells 297,171 Shares of Stock

Figure Technology Solutions, Inc. (NASDAQ:FIGRGet Free Report) CEO Michael Benjamin Tannenbaum sold 297,171 shares of the firm’s stock in a transaction on Friday, September 12th. The shares were sold at an average price of $25.00, for a total value of $7,429,275.00. Following the completion of the sale, the chief executive officer owned 4,092,576 shares in the company, valued at approximately $102,314,400. This represents a 6.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Figure Technology Solutions Stock Performance

Shares of FIGR stock opened at $43.09 on Tuesday. Figure Technology Solutions, Inc. has a 1 year low of $30.01 and a 1 year high of $46.20.

Analysts Set New Price Targets

Separately, Wall Street Zen raised Figure Technology Solutions to a “hold” rating in a report on Monday.

Check Out Our Latest Research Report on FIGR

About Figure Technology Solutions

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Figure is building the future of capital markets using blockchain-based technology. Figure’s proprietary technology powers next-generation lending, trading and investing activities in areas such as consumer credit and digital assets. Our application of the blockchain ledger allows us to better serve our end-customers, improve speed and efficiency, and enhance standardization and liquidity.

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