Monashee Investment Management LLC Takes $7.27 Million Position in Figure Technology Solutions, Inc. $FIGR

Monashee Investment Management LLC purchased a new stake in Figure Technology Solutions, Inc. (NASDAQ:FIGR) in the third quarter, HoldingsChannel reports. The institutional investor purchased 200,000 shares of the company’s stock, valued at approximately $7,274,000. Figure Technology Solutions comprises about 3.6% of Monashee Investment Management LLC’s investment portfolio, making the stock its 4th biggest holding.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. WIM INVESTMENT MANAGEMENT Ltd bought a new position in Figure Technology Solutions during the third quarter worth $17,650,000. Fidelity National Financial Inc. bought a new stake in shares of Figure Technology Solutions during the 3rd quarter worth about $9,092,000. BIT Capital GmbH bought a new stake in shares of Figure Technology Solutions during the 3rd quarter worth about $7,718,000. Endeavour Capital Advisors Inc. bought a new position in Figure Technology Solutions in the 3rd quarter valued at about $10,719,000. Finally, Readystate Asset Management LP bought a new position in Figure Technology Solutions in the 3rd quarter valued at about $546,000.

Figure Technology Solutions Stock Performance

FIGR opened at $25.28 on Friday. The company has a current ratio of 2.26, a quick ratio of 2.26 and a debt-to-equity ratio of 0.17. Figure Technology Solutions, Inc. has a 52-week low of $25.09 and a 52-week high of $78.00. The firm has a market cap of $4.45 billion and a price-to-earnings ratio of 74.35. The stock’s fifty day moving average is $48.01.

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

Figure Technology Solutions declared that its Board of Directors has approved a share repurchase program on Thursday, February 26th that allows the company to buyback $200.00 million in outstanding shares. This buyback authorization allows the company to reacquire up to 3.3% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s board believes its shares are undervalued.

Insider Buying and Selling

In related news, Director Michael Scott Cagney sold 200,058 shares of the firm’s stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $39.40, for a total transaction of $7,882,285.20. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director June Ou sold 200,058 shares of the company’s stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $39.40, for a total value of $7,882,285.20. The SEC filing for this sale provides additional information. Insiders sold 749,193 shares of company stock worth $27,947,547 in the last ninety days.

Analyst Ratings Changes

Several equities analysts have recently commented on FIGR shares. Weiss Ratings downgraded Figure Technology Solutions from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, February 11th. Piper Sandler increased their price objective on Figure Technology Solutions from $55.00 to $75.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 14th. Zacks Research downgraded Figure Technology Solutions from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 4th. Sanford C. Bernstein raised their price target on shares of Figure Technology Solutions from $54.00 to $72.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 13th. Finally, Needham & Company LLC dropped their price objective on shares of Figure Technology Solutions from $71.00 to $55.00 and set a “buy” rating for the company in a research note on Friday. Two research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $57.50.

Key Headlines Impacting Figure Technology Solutions

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

Figure Technology Solutions 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.