Figure Technology Solutions gains as investors continue to digest strong quarterly growth

Figure Technology Solutions (FIGR) is up 8.4% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver is continued momentum from the company’s strong second-quarter results and business update released on August 13, 2026. The move appears tied to rapid revenue growth, sharply higher profitability, expanding marketplace volumes, and investor enthusiasm around the company’s capital-light platform and pending Kiavi acquisition.

Details:

The company reported second-quarter net revenue of $225.6 million, up 113% year over year, while net income rose 192% to $87.4 million.

Consumer Loan Marketplace volume reached $4.3 billion in the quarter, a 132% increase from a year earlier, with Figure Connect volume climbing to $2.8 billion.

Management said 65% of quarterly volume now runs through Figure Connect, signaling continued progress toward a more scalable marketplace model.

The company also said the Kiavi transaction remains on track to close in the second half of 2026, which may be supporting expectations for additional growth in adjacent lending categories.

Sources:

Figure Technology Solutions Investor Relations, SEC, Nasdaq

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$FIGR Insider Trading Activity

$FIGR insiders have traded $FIGR stock on the open market 55 times in the past 6 months. Of those trades, 0 have been purchases and 55 have been sales.

Here’s a breakdown of recent trading of $FIGR stock by insiders over the last 6 months:

SACHIN CHAND JAITLY has made 0 purchases and 4 sales selling 216,713 shares for an estimated $7,289,830.
MICHAEL BENJAMIN TANNENBAUM (Chief Executive Officer) has made 0 purchases and 9 sales selling 201,096 shares for an estimated $6,691,725.
DAVID TODD STEVENS (Chief Capital Officer) has made 0 purchases and 12 sales selling 144,422 shares for an estimated $5,080,300.
MICHAEL SCOTT CAGNEY has made 0 purchases and 9 sales selling 103,030 shares for an estimated $3,731,828.
JUNE OU has made 0 purchases and 9 sales selling 103,030 shares for an estimated $3,731,828.
MINCHUNG KGIL (Chief Financial Officer) has made 0 purchases and 12 sales selling 41,117 shares for an estimated $1,318,138.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

EARLY ACCESS

Receive FIGR Data Alerts

Real-time alerts on filings, insider trades, and market signals — before everyone else.

Get Alerts →

$FIGR Hedge Fund Activity

We have seen 193 institutional investors add shares of $FIGR stock to their portfolio, and 195 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

JPMORGAN CHASE & CO added 11,265,630 shares (+inf%) to their portfolio in Q2 2026, for an estimated $345,967,497
BLACKROCK, INC. added 3,357,134 shares (+201.2%) to their portfolio in Q2 2026, for an estimated $103,097,585
FMR LLC removed 3,120,650 shares (-24.4%) from their portfolio in Q2 2026, for an estimated $95,835,161
NORTH PEAK CAPITAL MANAGEMENT, LLC added 2,307,148 shares (+inf%) to their portfolio in Q2 2026, for an estimated $70,852,515
PRICE T ROWE ASSOCIATES INC /MD/ removed 2,105,419 shares (-94.2%) from their portfolio in Q2 2026, for an estimated $64,657,417
CITADEL ADVISORS LLC added 2,070,787 shares (+138.3%) to their portfolio in Q2 2026, for an estimated $63,593,868
ABACUS WEALTH PARTNERS, LLC removed 1,921,617 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $59,012,858

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$FIGR Price Targets

Multiple analysts have issued price targets for $FIGR recently. We have seen 5 analysts offer price targets for $FIGR in the last 6 months, with a median target of $55.0.

Here are some recent targets:

Kyle Peterson from Needham set a target price of $55.0 on 07/08/2026
Dan Dolev from Mizuho set a target price of $55.0 on 05/14/2026
Gautam Chhugani from Bernstein set a target price of $67.0 on 03/30/2026
James Yaro from Goldman Sachs set a target price of $44.0 on 03/02/2026
Ryan Tomasello from Keefe, Bruyette & Woods set a target price of $55.0 on 02/27/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.