<div id="readability-page-1"><p>Shares of Figure Technology Solutions, Inc. (NASDAQ:FIGR - Get Free Report) gapped down prior to trading on Tuesday . The stock had previously closed at $42.24, but opened at $40.01. Figure Technology Solutions shares last traded at $39.30, with a volume of 753,873 shares trading hands.</p><h2>Wall Street Analyst Weigh In</h2><p>A number of equities analysts recently commented on the company. Jefferies Financial Group started coverage on Figure Technology Solutions in a report on Monday, October 6th. They set a &#34;hold&#34; rating and a $40.00 target price for the company. Piper Sandler upped their target price on shares of Figure Technology Solutions from $50.00 to $55.00 and gave the stock an &#34;overweight&#34; rating in a research note on Monday. Sanford C. Bernstein started coverage on shares of Figure Technology Solutions in a report on Monday, October 6th. They set an &#34;outperform&#34; rating and a $54.00 price target for the company. Bank of America increased their target price on Figure Technology Solutions from $41.00 to $47.00 and gave the company a &#34;neutral&#34; rating in a report on Monday. Finally, Mizuho lifted their price target on Figure Technology Solutions from $47.00 to $56.00 and gave the stock an &#34;outperform&#34; rating in a report on Monday. Six research analysts have rated the stock with a Buy rating and three have issued  a Hold rating to the company. Based on data from MarketBeat.com, Figure Technology Solutions presently has a consensus rating of &#34;Moderate Buy&#34; and a consensus target price of $50.38.</p><p><b>Read Our Latest Research Report on FIGR</b></p><h2>Figure Technology Solutions Price Performance</h2><p>The company has a 50-day moving average price of $40.51. </p><p>Figure Technology Solutions (NASDAQ:FIGR - Get Free Report) last issued its quarterly earnings results on Thursday, November 13th. The company reported $0.34 earnings per share for the quarter, topping analysts' consensus estimates of $0.16 by $0.18. The business had revenue of $156.03 million for the quarter. </p><h2>Insider Activity</h2><p>In other Figure Technology Solutions news, Director Adam Gilbert Boyden sold 468,860 shares of the company's stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $25.00, for a total transaction of $11,721,500.00. Following the completion of the sale, the director directly owned 6,651,158 shares of the company's stock, valued at $166,278,950. This represents a 6.59% decrease in their position. The transaction was disclosed in a legal filing with the Securities &amp; Exchange Commission, which is available at the SEC website. Also, CEO Michael Benjamin Tannenbaum sold 297,171 shares of Figure Technology Solutions stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $25.00, for a total value of $7,429,275.00. Following the completion of the transaction, the chief executive officer owned 4,092,576 shares in the company, valued at $102,314,400. This trade represents a 6.77% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. </p><h2>Hedge Funds Weigh In On Figure Technology Solutions</h2><p>Large investors have recently modified their holdings of the business. Voya Investment Management LLC acquired a new position in  Figure Technology Solutions during the third quarter worth $721,000.  Exchange Traded Concepts LLC purchased a new stake in shares of  Figure Technology Solutions during the 3rd quarter worth $5,963,000.  Blue Trust Inc. acquired a new position in shares of  Figure Technology Solutions during the 3rd quarter worth $64,000.  Hennessy Advisors Inc. acquired a new stake in shares of  Figure Technology Solutions in the third quarter valued at about $255,000.  Finally, CWA Asset Management Group LLC purchased a new stake in  Figure Technology Solutions during the third quarter worth about $1,412,000. </p><h2>Figure Technology Solutions Company Profile</h2> (Get Free Report)<p>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.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Figure Technology Solutions</li><li>What Does a Gap Up Mean in Stocks? How to Play the Gap</li><li>Why a 20-Second Flight Test Could Unlock Billions for Vertical</li><li>What is an Earnings Surprise?  </li><li>3 Smart Defensive Stocks for an Uneasy Market</li><li>5 discounted opportunities for dividend growth investors</li><li>These 3 Stocks Are Using Buybacks to Signal Market Confidence</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Figure Technology Solutions Right Now?</h2><p>Before you consider Figure Technology Solutions, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Figure Technology Solutions wasn't on the list.</p><p>While Figure Technology Solutions currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

FIGR

<p>Shares of Figure Technology Solutions (NASDAQ:FIGR) gapped down, opening at $40.01 from a previous close of $42.24. Analysts have mixed ratings, with a consensus target price of $50.38. Recent insider sales by the Director and CEO were disclosed. Hedge funds have shown interest, acquiring new positions. The company focuses on blockchain-based technology for capital markets.</p>

Figure Technology Solutions (NASDAQ:FIGR) Shares Gap Down - Time to Sell?