Insider Selling: Figure Technology Solutions (NASDAQ:FIGR) CFO Sells $120,120.00 in Stock

Figure Technology Solutions, Inc. (NASDAQ:FIGR) CFO Minchung Kgil sold 4,000 shares of the firm’s stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $30.03, for a total value of $120,120.00. Following the completion of the transaction, the chief financial officer owned 491,651 shares in the company, valued at $14,764,279.53. The trade was a 0.81% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Minchung Kgil also recently made the following trade(s):

• On Friday, July 24th, Minchung Kgil sold 4,000 shares of Figure Technology Solutions stock. The shares were sold at an average price of $28.13, for a total transaction of $112,520.00.
• On Tuesday, June 30th, Minchung Kgil sold 4,000 shares of Figure Technology Solutions stock. The shares were sold at an average price of $30.03, for a total transaction of $120,120.00.
• On Wednesday, June 24th, Minchung Kgil sold 4,000 shares of Figure Technology Solutions stock. The stock was sold at an average price of $27.64, for a total transaction of $110,560.00.
• On Monday, June 15th, Minchung Kgil sold 9,117 shares of Figure Technology Solutions stock. The stock was sold at an average price of $30.06, for a total transaction of $274,057.02.

Figure Technology Solutions Price Performance

Shares of NASDAQ FIGR opened at $31.43 on Monday. The stock has a market cap of $5.74 billion and a PE ratio of 33.80. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.20. Figure Technology Solutions, Inc. has a 12-month low of $24.11 and a 12-month high of $78.00. The company has a 50-day moving average of $29.26 and a 200 day moving average of $33.70.

Figure Technology Solutions (NASDAQ:FIGR) last issued its earnings results on Thursday, August 13th. The company reported $0.35 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.11. The business had revenue of $218.45 million for the quarter. Figure Technology Solutions had a return on equity of 19.58% and a net margin of 33.45%. As a group, sell-side analysts predict that Figure Technology Solutions, Inc. will post 1.01 EPS for the current fiscal year.

Analyst Ratings Changes

FIGR has been the topic of several recent research reports. Wall Street Zen raised shares of Figure Technology Solutions from a “sell” rating to a “hold” rating in a research report on Saturday. Keefe, Bruyette & Woods reduced their target price on shares of Figure Technology Solutions from $55.00 to $45.00 and set an “outperform” rating on the stock in a research note on Monday, July 13th. Sanford C. Bernstein boosted their target price on shares of Figure Technology Solutions from $67.00 to $70.00 and gave the company an “outperform” rating in a report on Thursday, August 6th. Mizuho increased their price target on shares of Figure Technology Solutions from $45.00 to $55.00 and gave the company an “outperform” rating in a research note on Thursday, May 14th. Finally, Piper Sandler cut their price target on shares of Figure Technology Solutions from $75.00 to $65.00 and set an “overweight” rating for the company in a report on Wednesday, July 15th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $50.62.

Institutional Trading of Figure Technology Solutions

Hedge funds and other institutional investors have recently modified their holdings of the business. Ninepoint Partners LP purchased a new stake in Figure Technology Solutions in the 2nd quarter valued at about $746,000. Bank of New York Mellon Corp purchased a new position in Figure Technology Solutions during the second quarter worth about $10,875,000. Handelsbanken Fonder AB acquired a new stake in shares of Figure Technology Solutions during the second quarter valued at about $1,370,000. CTC Alternative Strategies Ltd. acquired a new stake in shares of Figure Technology Solutions during the first quarter valued at about $511,000. Finally, Vestor Capital LLC raised its stake in shares of Figure Technology Solutions by 2,908.7% in the 1st quarter. Vestor Capital LLC now owns 81,234 shares of the company’s stock valued at $2,758,000 after acquiring an additional 78,534 shares during the period.

Key Figure Technology Solutions News

Here are the key news stories impacting Figure Technology Solutions this week:

• Positive Sentiment: Strong Q2 earnings: Figure reported diluted EPS of $0.35, exceeding the $0.24 consensus estimate, while net revenue reached $225.6 million, up 113% year over year. Net income surged 192% to $87.4 million, and adjusted EBITDA rose 126% to $119.4 million. Figure Technology Solutions Reports Strong Second Quarter 2026 Results
• Positive Sentiment: Marketplace growth and upbeat outlook: Consumer Loan Marketplace volume increased 132% to $4.3 billion, with Figure Connect accounting for 65% of volume. Management projects third-quarter volume of $4.8 billion to $5.2 billion and said the pending Kiavi acquisition remains on track to close in the second half of 2026. Figure Projects Q3 Consumer Loan Marketplace Volume
• Positive Sentiment: Analyst support: Needham reaffirmed its “buy” rating and assigned a $55 price target, implying substantial upside from recent trading levels. Needham Reaffirms Buy Rating on Figure Technology Solutions
• Neutral Sentiment: Figure’s net take rate declined to 3.6% from 4.0% a year earlier, suggesting that competitive pricing or business mix may be tempering monetization even as transaction volume expands.
• Negative Sentiment: Insider selling: CFO Minchung Kgil sold 4,000 shares for approximately $120,120 under a pre-arranged Rule 10b5-1 plan. The relatively small transaction followed a broader pattern of insider sales and no reported purchases, which may weigh on sentiment. SEC Insider Transaction Filing
• Negative Sentiment: The stock remains valued at a relatively high earnings multiple, while Figure continues to identify risks involving lending conditions, regulation, technology, third-party providers and the successful completion of the Kiavi acquisition.

Figure Technology Solutions Company Profile

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. Using our technology, we continue to develop dynamic, vertically-integrated marketplaces across the approximately $2 trillion consumer credit market and the rapidly growing approximately $4 trillion cryptocurrency and digital asset market.