Key Points
- Insider sale: Director David Todd Stevens sold 26,057 shares on Feb. 18 at $32 each for $833,824, trimming his stake by 5.33% to 462,943 shares (≈$14.8M).
- Mixed Q4 results and buyback: FIGR missed Q4 EPS (reported $0.06 vs. $0.13 est.) though revenue climbed ~90.7% y/y to $157.6M, and the board authorized a $200M share repurchase (up to 3.3% of shares).
- Strategic growth and tech differentiation: Figure is expanding into auto lending via a partnership and highlights blockchain milestones (including a fully on‑chain equity trade) as drivers of future growth.
Figure Technology Solutions, Inc. (NASDAQ:FIGR - Get Free Report) insider David Todd Stevens sold 26,057 shares of the company's stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $32.00, for a total transaction of $833,824.00. Following the completion of the transaction, the insider owned 462,943 shares in the company, valued at approximately $14,814,176. The trade was a 5.33% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
David Todd Stevens also recently made the following trade(s):
- On Wednesday, December 3rd, David Todd Stevens sold 40,000 shares of Figure Technology Solutions stock. The shares were sold at an average price of $35.22, for a total transaction of $1,408,800.00.
Figure Technology Solutions Price Performance
Shares of FIGR stock opened at $25.28 on Friday. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.26 and a quick ratio of 2.26. The company has a market cap of $4.45 billion and a P/E ratio of 74.35. The stock has a 50-day moving average of $48.01. Figure Technology Solutions, Inc. has a one year low of $25.09 and a one year high of $78.00.
Figure Technology Solutions (NASDAQ:FIGR - Get Free Report) last issued its earnings results on Thursday, February 26th. The company reported $0.06 EPS for the quarter, missing analysts' consensus estimates of $0.13 by ($0.07). The firm had revenue of $157.63 million for the quarter, compared to analyst estimates of $158.00 million. The business's revenue for the quarter was up 90.7% compared to the same quarter last year.
Figure Technology Solutions declared that its board has approved a stock repurchase program on Thursday, February 26th that permits the company to buyback $200.00 million in outstanding shares. This buyback authorization permits the company to purchase up to 3.3% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's leadership believes its stock is undervalued.
Wall Street Analyst Weigh In
Several brokerages have recently commented on FIGR. Mizuho raised their price target on Figure Technology Solutions from $47.00 to $56.00 and gave the company an "outperform" rating in a research note on Monday, November 17th. Weiss Ratings cut shares of Figure Technology Solutions from a "hold (c-)" rating to a "sell (d+)" rating in a report on Wednesday, February 11th. Sanford C. Bernstein boosted their price target on shares of Figure Technology Solutions from $54.00 to $72.00 and gave the company an "outperform" rating in a report on Tuesday, January 13th. Bank of America cut shares of Figure Technology Solutions from a "neutral" rating to an "underperform" rating and set a $42.00 price target for the company. in a research report on Tuesday, February 3rd. Finally, Needham & Company LLC cut their price objective on shares of Figure Technology Solutions from $71.00 to $55.00 and set a "buy" rating on the stock in a report on Friday. Two equities research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, two have given a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, Figure Technology Solutions has a consensus rating of "Moderate Buy" and an average price target of $57.50.
View Our Latest Research Report on Figure Technology Solutions
More Figure Technology Solutions News
Here are the key news stories impacting Figure Technology Solutions this week:
- Positive Sentiment: Strategic entry into auto lending — Figure announced a partnership with Agora Data to bring AI‑driven auto finance assets onto Figure Connect and to launch a blockchain-based auto‑loan platform, expanding the company beyond housing finance into a large new addressable market. Agora Data and Figure Technologies Announce Partnership
- Positive Sentiment: $200M share repurchase program — Figure authorized a $200 million buyback alongside its Q4 results, which is typically supportive of the stock by reducing float and signaling management confidence. Q4 Results & Repurchase Program
- Positive Sentiment: Blockchain innovation milestone — Figure and BitGo completed what they call the first fully on‑chain equity trade (issuing, trading and settling shares on‑chain), underscoring Figure’s technology differentiation that supporters argue can create new revenue streams. On‑Chain Equity Trade with BitGo
- Positive Sentiment: Capital‑light growth / unit economics guidance — Management outlined a capital‑light strategy with an expected net take rate of ~3.5%–4%, which, if achieved, supports scalable revenue and margin story. Capital‑Light Growth Strategy
- Positive Sentiment: Unusual bullish options activity — Reports show heavy call buying volume, which can reflect short‑term bullish positioning by traders and may amplify intraday moves. High Volume of Call Options
- Neutral Sentiment: Analyst bullish views remain despite cuts — Some independent writeups (e.g., Seeking Alpha) reiterate buy ratings focused on expanding loan types and blockchain moat; these are opinion pieces that may influence investor sentiment but are not formal coverage changes. Seeking Alpha Buy Thesis
- Negative Sentiment: Analyst price‑target reductions — Keefe, Bruyette & Woods and Needham lowered targets to $55 (from $62 and $71 respectively) today; both maintained buy/outperform ratings, but the cuts signal reduced near‑term upside expectations and likely pressured the stock. Benzinga: Analyst Price Target Changes
- Negative Sentiment: Q4 EPS miss — Figure reported $0.06 EPS vs. $0.13 consensus (miss) and revenue $157.6M vs. $158M estimate. Revenue grew ~90.7% y/y (positive for growth story), but the EPS shortfall is a clear near‑term catalyst for selling pressure. Q4 Earnings Snapshot
Institutional Investors Weigh In On Figure Technology Solutions
Several institutional investors have recently bought and sold shares of the company. Federated Hermes Inc. purchased a new position in Figure Technology Solutions during the 3rd quarter worth $8,183,000. Lisanti Capital Growth LLC purchased a new stake in Figure Technology Solutions in the third quarter valued at about $3,780,000. BIT Capital GmbH acquired a new stake in Figure Technology Solutions in the third quarter worth about $7,718,000. Fidelity National Financial Inc. purchased a new stake in shares of Figure Technology Solutions during the third quarter worth about $9,092,000. Finally, Emerald Mutual Fund Advisers Trust acquired a new position in shares of Figure Technology Solutions during the third quarter valued at about $1,013,000.
About Figure Technology Solutions
(
Get Free Report)
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.
Further Reading
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