Quantinno Capital Management LP boosted its holdings in shares of Futu Holdings Limited Sponsored ADR (NASDAQ:FUTU – Free Report) by 16.0% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 53,197 shares of the company’s stock after purchasing an additional 7,343 shares during the period. Quantinno Capital Management LP’s holdings in Futu were worth $7,275,000 as of its most recent filing with the SEC.
A number of other institutional investors also recently bought and sold shares of FUTU. AQR Capital Management LLC acquired a new stake in shares of Futu during the first quarter worth about $235,000. Jones Financial Companies Lllp increased its position in Futu by 442.4% in the 1st quarter. Jones Financial Companies Lllp now owns 640 shares of the company’s stock valued at $66,000 after acquiring an additional 522 shares during the period. Goldman Sachs Group Inc. increased its position in Futu by 3.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 459,175 shares of the company’s stock valued at $46,997,000 after acquiring an additional 16,255 shares during the period. Geneos Wealth Management Inc. purchased a new stake in Futu during the 1st quarter valued at approximately $27,000. Finally, American Century Companies Inc. lifted its position in Futu by 9.2% during the 2nd quarter. American Century Companies Inc. now owns 9,905 shares of the company’s stock worth $1,224,000 after acquiring an additional 836 shares during the period.
Wall Street Analyst Weigh In
FUTU has been the topic of several analyst reports. Jefferies Financial Group reiterated a “buy” rating and issued a $170.50 target price on shares of Futu in a research note on Thursday, May 28th. Zacks Research upgraded Futu from a “strong sell” rating to a “hold” rating in a research note on Monday, July 27th. Wall Street Zen downgraded Futu from a “hold” rating to a “sell” rating in a report on Saturday, May 30th. The Goldman Sachs Group lowered shares of Futu from a “buy” rating to a “neutral” rating and set a $102.13 price objective on the stock. in a research report on Monday, May 25th. Finally, JPMorgan Chase & Co. restated a “neutral” rating and set a $87.00 price objective (down from $300.00) on shares of Futu in a research report on Friday, May 22nd. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $162.80.
More Futu News
Here are the key news stories impacting Futu this week:
- Neutral Sentiment: Multiple law firms, including Rosen, Kaplan Fox, Faruqi & Faruqi and others, reminded investors that August 25, 2026 is the deadline to seek appointment as lead plaintiff in a securities class action covering purchases made from May 24, 2023, through May 27, 2026. These announcements are procedural and do not represent court findings. Rosen Futu deadline announcement
- Negative Sentiment: The shareholder litigation alleges that Futu made inadequate or misleading disclosures about compliance with China’s securities regulations. One notice questions whether generic risk warnings were sufficient when the company allegedly knew it was operating without required licenses and faced a reported RMB 1.85 billion penalty. The allegations remain unproven, but they create potential legal costs, financial liability and reputational risk. Levi and Korsinsky Futu shareholder alert
- Negative Sentiment: Legal notices cite an approximately 32% stock decline as evidence of investor losses allegedly connected to the regulatory-compliance disclosures. The lawsuit could increase uncertainty around Futu’s operations in mainland China and potentially lead to damages or additional scrutiny. Kahn Swick and Foti Futu class action notice
- Negative Sentiment: The unusually large number of law-firm announcements over the past two days keeps the lawsuit prominent in the market and may pressure the stock by reinforcing concerns about disclosure quality, regulatory compliance and management oversight. Investors should note that the notices are attorney solicitations, not final judgments against Futu. Kaplan Fox Futu class action alert
Futu Trading Up 1.1%
NASDAQ FUTU opened at $110.22 on Thursday. The business’s 50 day moving average is $98.82 and its two-hundred day moving average is $130.75. Futu Holdings Limited Sponsored ADR has a 12-month low of $80.50 and a 12-month high of $202.53. The stock has a market capitalization of $15.45 billion, a price-to-earnings ratio of 12.13, a PEG ratio of 1.28 and a beta of 0.43.
Futu (NASDAQ:FUTU – Get Free Report) last posted its quarterly earnings results on Thursday, May 28th. The company reported $0.77 EPS for the quarter, missing the consensus estimate of $2.89 by ($2.12). Futu had a net margin of 41.87% and a return on equity of 26.48%. The business had revenue of $694.17 million during the quarter, compared to analyst estimates of $761.35 million. Equities analysts forecast that Futu Holdings Limited Sponsored ADR will post 8.95 earnings per share for the current fiscal year.
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.
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