Figure Technology Solutions (NASDAQ:FIGR) Upgraded to Hold at Wall Street Zen

Wall Street Zen upgraded shares of Figure Technology Solutions (NASDAQ:FIGR) to a hold rating in a report issued on Monday.

Figure Technology Solutions Stock Performance

NASDAQ:FIGR opened at $43.09 on Monday. Figure Technology Solutions has a 1-year low of $30.01 and a 1-year high of $46.20.

Insider Activity at Figure Technology Solutions

In other news, CEO Michael Benjamin Tannenbaum sold 297,171 shares of Figure Technology Solutions stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $25.00, for a total transaction of $7,429,275.00. Following the completion of the transaction, the chief executive officer directly owned 4,092,576 shares of the company’s stock, valued at $102,314,400. The trade was a 6.77% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Adam Gilbert Boyden sold 468,860 shares of Figure Technology Solutions stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $25.00, for a total transaction of $11,721,500.00. Following the transaction, the director directly owned 6,651,158 shares of the company’s stock, valued at approximately $166,278,950. This trade represents a 6.59% decrease in their ownership of the stock. The disclosure for this sale can be found here.

About Figure Technology Solutions

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.