First Trust Advisors LP Sells 12,548 Shares of Futu Holdings Limited Sponsored ADR $FUTU

First Trust Advisors LP lowered its holdings in shares of Futu Holdings Limited Sponsored ADR (NASDAQ:FUTUFree Report) by 43.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,465 shares of the company’s stock after selling 12,548 shares during the quarter. First Trust Advisors LP’s holdings in Futu were worth $2,252,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the business. V Square Quantitative Management LLC bought a new stake in Futu during the 1st quarter worth approximately $25,000. Geneos Wealth Management Inc. bought a new position in Futu in the first quarter valued at approximately $27,000. Rockefeller Capital Management L.P. lifted its stake in Futu by 59.2% in the fourth quarter. Rockefeller Capital Management L.P. now owns 226 shares of the company’s stock valued at $37,000 after buying an additional 84 shares in the last quarter. Hilton Head Capital Partners LLC bought a new position in Futu in the fourth quarter valued at approximately $49,000. Finally, Parkside Financial Bank & Trust boosted its holdings in shares of Futu by 30,000.0% in the fourth quarter. Parkside Financial Bank & Trust now owns 301 shares of the company’s stock valued at $49,000 after buying an additional 300 shares during the period.

More Futu News

Here are the key news stories impacting Futu this week:

  • Neutral Sentiment: Futu announced that it will release second-quarter 2026 results before U.S. markets open on August 20. Investors will focus on client growth, trading activity, assets, regulatory costs and whether earnings recover from the prior quarter’s reported $0.77 per-share result versus the $2.89 consensus estimate. Futu Second-Quarter 2026 Earnings Announcement
  • Negative Sentiment: Multiple law firms publicized an existing securities-fraud class action against Futu and reminded investors of an August 25 deadline to seek lead-plaintiff status. The repeated notices do not represent separate lawsuits, but they increase visibility around the allegations and may weigh on investor sentiment. Futu Securities Fraud Class Action Notice
  • Negative Sentiment: The allegations center on claims that Futu failed to disclose regulatory-compliance problems, including an allegedly looming RMB 1.85 billion China Securities Regulatory Commission penalty, while promoting strong client growth and revenue. The lawsuit asserts that these disclosures contributed to an approximately 32% stock decline during the stated May 24, 2023–May 27, 2026 class period; the claims remain allegations and have not been proven. Futu Alleged Regulatory Compliance Failures

Futu Stock Up 4.3%

Shares of FUTU opened at $109.02 on Friday. Futu Holdings Limited Sponsored ADR has a twelve month low of $80.50 and a twelve month high of $202.53. The stock has a market capitalization of $15.28 billion, a P/E ratio of 11.99, a P/E/G ratio of 1.23 and a beta of 0.43. The company has a 50 day moving average of $98.91 and a 200-day moving average of $130.13.

Futu (NASDAQ:FUTUGet Free Report) last announced its quarterly earnings data on Thursday, May 28th. The company reported $0.77 EPS for the quarter, missing analysts’ consensus estimates of $2.89 by ($2.12). Futu had a return on equity of 26.48% and a net margin of 41.87%.The business had revenue of $694.17 million during the quarter, compared to the consensus estimate of $761.35 million. On average, sell-side analysts anticipate that Futu Holdings Limited Sponsored ADR will post 8.95 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages have recently issued reports on FUTU. Wall Street Zen downgraded shares of Futu from a “hold” rating to a “sell” rating in a research report on Saturday, May 30th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $87.00 price objective (down from $300.00) on shares of Futu in a research report on Friday, May 22nd. The Goldman Sachs Group lowered shares of Futu from a “buy” rating to a “neutral” rating and set a $102.13 target price for the company. in a research note on Monday, May 25th. Zacks Research upgraded Futu from a “strong sell” rating to a “hold” rating in a report on Monday, July 27th. Finally, 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. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $162.80.

Check Out Our Latest Stock Analysis on FUTU

Futu Company Profile

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding FUTU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Futu Holdings Limited Sponsored ADR (NASDAQ:FUTUFree Report).

Institutional Ownership by Quarter for Futu (NASDAQ:FUTU)

Receive News & Ratings for Futu Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Futu and related companies with MarketBeat.com's FREE daily email newsletter.