Atika Capital Management LLC Invests $1.96 Million in Figure Technology Solutions, Inc. $FIGR

Atika Capital Management LLC purchased a new stake in shares of Figure Technology Solutions, Inc. (NASDAQ:FIGR) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 54,000 shares of the company’s stock, valued at approximately $1,964,000.

Several other hedge funds have also added to or reduced their stakes in FIGR. Blue Trust Inc. acquired a new stake in shares of Figure Technology Solutions during the 3rd quarter worth approximately $64,000. SBI Securities Co. Ltd. bought a new stake in shares of Figure Technology Solutions during the third quarter worth approximately $66,000. PNC Financial Services Group Inc. acquired a new position in Figure Technology Solutions in the third quarter valued at approximately $73,000. BNP Paribas Financial Markets bought a new position in Figure Technology Solutions in the third quarter valued at approximately $102,000. Finally, Ameritas Advisory Services LLC bought a new position in Figure Technology Solutions in the third quarter valued at approximately $200,000.

Key Stories Impacting Figure Technology Solutions

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

• Positive Sentiment: Agora Data partnership expands blockchain-enabled capital markets access for Figure, linking auto contracts to blockchain-driven investor programs — could broaden product distribution and liquidity. Agora Data Brings Blockchain-Enabled Capital Markets
• Positive Sentiment: TipRanks summary of FIGR’s recent earnings call highlights “strong earnings momentum,” which supports positive forward expectations from management commentary. Figure Technology Solutions Signals Strong Earnings Momentum
• Positive Sentiment: Mizuho reiterated a buy/outperform stance on FIGR, preserving a constructive analyst view which can support demand for the stock. Mizuho Securities Sticks to Their Buy Rating
• Positive Sentiment: Unusually large call-option activity (≈33,905 calls, ~+276% vs. typical) signals heavy bullish positioning or short-covering that can amplify upside on positive catalysts. Figure Technology Solutions Target of Unusually Large Options Trading
• Neutral Sentiment: Mizuho also trimmed its price target recently — the maintained buy rating offsets the cut, leaving analyst sentiment constructive but more cautious on valuation. Mizuho cuts price target but cites TAM expansion
• Neutral Sentiment: QuiverQuant and others attribute earlier intraday gains to an operating update, the board’s up-to-$200M repurchase authorization and the IPO lock-up expiration — buyback support is positive but lock-up expiries often create near-term volatility. FIGR jumps 10.2% on update and buyback/lock-up dynamics
• Negative Sentiment: Reported insider selling has been extensive (multiple executives selling large blocks over recent months), which increases supply risk and can weigh on sentiment. Insider trading and institutional flows noted
• Negative Sentiment: Recent quarterly EPS missed consensus (Q4 EPS $0.06 vs. $0.13 expected), which remains a near-term fundamental headwind despite strong year-over-year revenue growth. (Earnings release and 2/26/2026 results referenced in company filings.)

Insider Transactions at Figure Technology Solutions

In other Figure Technology Solutions news, insider David Todd Stevens sold 26,057 shares of the stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $32.00, for a total value of $833,824.00. Following the completion of the sale, the insider directly owned 462,943 shares in the company, valued at $14,814,176. This represents a 5.33% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Figure Technology Solutions Stock Down 3.8%

Shares of NASDAQ FIGR opened at $38.08 on Thursday. Figure Technology Solutions, Inc. has a twelve month low of $25.01 and a twelve month high of $78.00. The company has a market capitalization of $6.71 billion and a PE ratio of 95.20. The company has a current ratio of 2.26, a quick ratio of 2.26 and a debt-to-equity ratio of 0.17. The stock’s fifty day moving average price is $46.24.

Figure Technology Solutions (NASDAQ:FIGR) last released its quarterly earnings data on Thursday, February 26th. The company reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.07). The company had revenue of $157.63 million for the quarter, compared to analyst estimates of $158.00 million. Figure Technology Solutions’s revenue was up 90.7% on a year-over-year basis.

Figure Technology Solutions announced that its board has initiated a share repurchase program on Thursday, February 26th that allows the company to buyback $200.00 million in shares. This buyback authorization allows the company to repurchase up to 3.3% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s board believes its shares are undervalued.

Wall Street Analyst Weigh In

FIGR has been the subject of several recent research reports. The Goldman Sachs Group dropped their target price on shares of Figure Technology Solutions from $49.00 to $44.00 and set a “buy” rating for the company in a research report on Monday, March 2nd. Sanford C. Bernstein raised their price target on Figure Technology Solutions from $54.00 to $72.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 13th. Mizuho dropped their price objective on Figure Technology Solutions from $64.00 to $55.00 and set an “outperform” rating for the company in a report on Tuesday. Needham & Company LLC cut their target price on Figure Technology Solutions from $71.00 to $55.00 and set a “buy” rating on the stock in a research note on Friday, February 27th. Finally, Zacks Research cut Figure Technology Solutions from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 4th. Two research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, two have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $55.63.

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.