Figure Technology Solutions (FIGR) is up 3.9% today. Here is some analysis on what might have caused this price movement.
Analysis: The most likely catalyst appears to be a fresh Wall Street upgrade that lifted the rating to neutral and sharply increased the price target, giving investors a near-term reason to bid up the shares. The move also seems to be supported by recent company momentum, including the completed Kiavi acquisition, strong second-quarter results, and another investor conference appearance this week.
Details:
Sources:
Investing.com, Figure Investor Relations, SEC
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 53 times in the past 6 months. Of those trades, 0 have been purchases and 53 have been sales.
Here’s a breakdown of recent trading of $FIGR stock by insiders over the last 6 months:
- 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 14 sales selling 49,117 shares for an estimated $1,627,647.
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.
$FIGR Hedge Fund Activity
We have seen 192 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
- ABACUS WEALTH PARTNERS, LLC removed 1,921,617 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $59,012,858
- APOLLO MANAGEMENT HOLDINGS, L.P. removed 1,548,527 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $52,572,491
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 3 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
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.