Legal & General Group Plc Decreases Stock Position in Futu Holdings Limited Sponsored ADR $FUTU

Legal & General Group Plc lessened its position in shares of Futu Holdings Limited Sponsored ADR (NASDAQ:FUTU) by 4.3% during the fourth quarter, Holdings Channel reports. The institutional investor owned 330,074 shares of the company’s stock after selling 14,783 shares during the quarter. Legal & General Group Plc’s holdings in Futu were worth $54,201,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Allianz Asset Management GmbH lifted its position in shares of Futu by 936.3% during the 3rd quarter. Allianz Asset Management GmbH now owns 51,620 shares of the company’s stock valued at $8,977,000 after buying an additional 46,639 shares during the last quarter. Veritas Asset Management LLP lifted its position in shares of Futu by 40.9% during the 3rd quarter. Veritas Asset Management LLP now owns 420,857 shares of the company’s stock valued at $73,191,000 after buying an additional 122,207 shares during the last quarter. China Universal Asset Management Co. Ltd. purchased a new position in shares of Futu during the 3rd quarter valued at $3,439,000. Lingohr Asset Management GmbH purchased a new position in shares of Futu during the 3rd quarter valued at $2,922,000. Finally, Capital International Inc. CA purchased a new position in shares of Futu during the 3rd quarter valued at $39,369,000.

More Futu News

Here are the key news stories impacting Futu this week:

• Positive Sentiment: Futu said it repurchased about US$418 million of ADSs under its buyback program, signaling management confidence and providing some support to the stock. Futu Announces Cumulative Repurchases of Approximately US$418 Million Worth of ADSs Under Share Repurchase Program
• Positive Sentiment: The company’s first-quarter update highlighted revenue growth of about 25% year over year and continued client expansion, which points to solid underlying business momentum despite the share-price weakness. Moomoo’s Parent Company Futu Releases Q1 2026 Results: Revenues up 25% YoY to US$746.9 million
• Neutral Sentiment: Management also guided to 800,000 net new funding accounts in 2026 and said Malaysia could reach breakeven in 6 to 12 months, which supports a longer-term growth story but does not offset near-term concerns. Futu targets 800,000 net new funding accounts in 2026 while expecting Malaysia to reach breakeven in 6 to 12 months
• Neutral Sentiment: Futu’s earnings call transcript and related coverage reflect continued investor focus on the quarterly results and management commentary. Futu Holdings Limited (FUTU) Q1 2026 Earnings Call Transcript
• Negative Sentiment: Futu missed Q1 expectations, reporting EPS of $0.77 versus $2.89 expected and revenue of $694.17 million versus $761.35 million estimated, a clear earnings disappointment that can weigh on the stock. Futu earnings report
• Negative Sentiment: Fresh reports that China regulators may impose a RMB 1.85 billion penalty, along with disclosures about major mainland China revenue exposure, have intensified fears about regulatory and geopolitical risk. Why Futu Holdings (FUTU) Is Down 11.6% After China Regulator Proposes RMB 1.85 Billion Penalty
• Negative Sentiment: Multiple law firms have launched securities-fraud or class-action investigations into Futu, increasing legal overhang and adding to investor uncertainty. ROSEN, A LEADING LAW FIRM, Encourages Futu Holdings Limited Investors to Inquire About Securities Class Action Investigation – FUTU

Futu Stock Performance

Shares of NASDAQ FUTU opened at $104.07 on Friday. The stock has a market cap of $14.59 billion, a PE ratio of 11.45, a price-to-earnings-growth ratio of 0.78 and a beta of 0.52. Futu Holdings Limited Sponsored ADR has a fifty-two week low of $80.50 and a fifty-two week high of $202.53. The stock has a fifty day moving average of $141.30 and a 200-day moving average of $155.37.

Futu (NASDAQ:FUTU) last announced its quarterly earnings results on Thursday, May 28th. The company reported $0.77 earnings per share for the quarter, missing the consensus estimate of $2.89 by ($2.12). The company had revenue of $694.17 million during the quarter, compared to analysts’ expectations of $761.35 million. Futu had a net margin of 41.87% and a return on equity of 27.28%. On average, sell-side analysts predict that Futu Holdings Limited Sponsored ADR will post 11.07 EPS for the current year.

Futu Announces Dividend

The business also recently declared a special dividend, which was paid on Wednesday, April 29th. Stockholders of record on Thursday, April 16th were given a $2.60 dividend. The ex-dividend date was Thursday, April 16th. Futu’s payout ratio is 28.05%.

Analysts Set New Price Targets

A number of brokerages have recently commented on FUTU. Wall Street Zen cut Futu from a “hold” rating to a “sell” rating in a research report on Saturday. Zacks Research cut Futu from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 8th. Barclays dropped their price target on Futu from $236.00 to $200.00 and set an “overweight” rating on the stock in a research report on Monday, March 16th. Jefferies Financial Group reiterated a “buy” rating and issued a $170.50 price target on shares of Futu in a research report on Thursday. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $87.00 price target (down from $300.00) on shares of Futu in a research report on Friday, May 22nd. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $162.80.

About Futu

Futu Holdings Ltd. is a technology-driven brokerage and wealth management company that provides online brokerage services, market data, and investment tools to retail and institutional clients. Headquartered in Hong Kong and listed on the NASDAQ under the ticker FUTU, the company operates digital trading platforms that combine order execution, real-time quotes, news, and research tools to serve active investors and wealth management customers.

The firm’s product suite includes brokerage access to equities, exchange-traded funds and derivatives across major markets, margin financing, initial public offering (IPO) subscription services, wealth management products and discretionary investment solutions.