Monashee Investment Management LLC Acquires Shares of 200,000 Figure Technology Solutions, Inc. $FIGR

Monashee Investment Management LLC bought a new position in shares of Figure Technology Solutions, Inc. (NASDAQ:FIGR) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 200,000 shares of the company’s stock, valued at approximately $7,274,000. Figure Technology Solutions makes up 3.6% of Monashee Investment Management LLC’s investment portfolio, making the stock its 4th largest position. Monashee Investment Management LLC owned approximately 0.10% of Figure Technology Solutions at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the stock. WIM INVESTMENT MANAGEMENT Ltd acquired a new stake in shares of Figure Technology Solutions in the third quarter valued at approximately $17,650,000. Fidelity National Financial Inc. bought a new position in Figure Technology Solutions in the 3rd quarter valued at $9,092,000. BIT Capital GmbH acquired a new stake in shares of Figure Technology Solutions in the 3rd quarter valued at $7,718,000. Endeavour Capital Advisors Inc. bought a new stake in shares of Figure Technology Solutions during the third quarter worth $10,719,000. Finally, Readystate Asset Management LP bought a new stake in shares of Figure Technology Solutions during the third quarter worth $546,000.

Figure Technology Solutions Trading Down 25.7%

NASDAQ:FIGR opened at $25.28 on Friday. The company has a quick ratio of 2.26, a current ratio of 2.26 and a debt-to-equity ratio of 0.17. Figure Technology Solutions, Inc. has a 1-year low of $25.09 and a 1-year high of $78.00. The firm has a market capitalization of $4.45 billion and a price-to-earnings ratio of 74.35. The firm has a 50-day moving average of $48.01.

Figure Technology Solutions (NASDAQ:FIGR) last announced its quarterly 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 during the quarter, compared to the consensus estimate of $158.00 million. Figure Technology Solutions’s revenue was up 90.7% compared to the same quarter last year.

Figure Technology Solutions declared that its Board of Directors has approved a stock repurchase plan on Thursday, February 26th that authorizes the company to buyback $200.00 million in shares. This buyback authorization authorizes the company to purchase up to 3.3% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s board believes its stock is undervalued.

Figure Technology Solutions News Roundup

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

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. The Goldman Sachs Group raised their price target on Figure Technology Solutions from $51.00 to $58.00 and gave the company a “buy” rating in a report on Tuesday, January 13th. Texas Capital upgraded shares of Figure Technology Solutions to a “strong-buy” rating in a research report on Thursday, January 29th. Needham & Company LLC lowered their price target on shares of Figure Technology Solutions from $71.00 to $55.00 and set a “buy” rating for the company in a research report on Friday. Piper Sandler boosted their price target on shares of Figure Technology Solutions from $55.00 to $75.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 14th. Finally, Weiss Ratings lowered shares of Figure Technology Solutions from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, February 11th. Two research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $57.50.

Insider Activity at Figure Technology Solutions

In related news, CFO Minchung Kgil sold 32,994 shares of the business’s stock in a transaction that occurred on Wednesday, December 3rd. The stock was sold at an average price of $35.05, for a total value of $1,156,439.70. Following the completion of the transaction, the chief financial officer directly owned 584,155 shares in the company, valued at approximately $20,474,632.75. The trade was a 5.35% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director David K. Chao purchased 4,000 shares of the business’s stock in a transaction on Friday, December 5th. The stock was bought at an average cost of $38.26 per share, for a total transaction of $153,040.00. Following the purchase, the director owned 4,000 shares of the company’s stock, valued at approximately $153,040. This represents a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have sold a total of 749,193 shares of company stock valued at $27,947,547 over the last 90 days.

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.