Amova Asset Management Americas Inc. Has $24.91 Million Stock Position in Futu Holdings Limited Sponsored ADR $FUTU

Amova Asset Management Americas Inc. lowered its stake in shares of Futu Holdings Limited Sponsored ADR (NASDAQ:FUTU) by 3.5% during the first quarter, HoldingsChannel reports. The firm owned 182,067 shares of the company’s stock after selling 6,640 shares during the quarter. Amova Asset Management Americas Inc.’s holdings in Futu were worth $24,905,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in FUTU. OVERSEA CHINESE BANKING Corp Ltd lifted its stake in Futu by 225.8% during the fourth quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 37,648 shares of the company’s stock worth $6,182,000 after purchasing an additional 26,091 shares during the last quarter. Jupiter Asset Management Ltd. increased its stake in shares of Futu by 3,105.3% in the fourth quarter. Jupiter Asset Management Ltd. now owns 60,900 shares of the company’s stock valued at $10,000,000 after buying an additional 59,000 shares during the period. Trivest Advisors Ltd increased its position in Futu by 2.5% in the 4th quarter. Trivest Advisors Ltd now owns 540,000 shares of the company’s stock valued at $88,673,000 after acquiring an additional 13,200 shares during the period. Matthews International Capital Management LLC lifted its holdings in Futu by 214.5% during the 4th quarter. Matthews International Capital Management LLC now owns 150,906 shares of the company’s stock worth $24,780,000 after buying an additional 102,918 shares during the period. Finally, Pictet Asset Management Holding SA lifted its holdings in Futu by 44.4% during the 4th quarter. Pictet Asset Management Holding SA now owns 125,264 shares of the company’s stock worth $20,581,000 after buying an additional 38,499 shares during the period.

Futu Stock Up 3.3%

NASDAQ FUTU opened at $98.28 on Tuesday. Futu Holdings Limited Sponsored ADR has a 52 week low of $80.50 and a 52 week high of $202.53. The business has a 50 day moving average price of $102.96 and a 200-day moving average price of $136.92. The company has a market cap of $13.78 billion, a price-to-earnings ratio of 10.81, a P/E/G ratio of 1.12 and a beta of 0.39.

Futu (NASDAQ:FUTU) last issued its earnings results on Thursday, May 28th. The company reported $0.77 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.89 by ($2.12). Futu had a return on equity of 26.48% and a net margin of 41.87%.The firm had revenue of $694.17 million during the quarter, compared to the consensus estimate of $761.35 million. On average, equities research analysts anticipate that Futu Holdings Limited Sponsored ADR will post 8.95 earnings per share for the current year.

Futu News Roundup

Here are the key news stories impacting Futu this week:

• Negative Sentiment: Multiple law firms, including Rosen, Faruqi & Faruqi, Kahn Swick & Foti, Glancy Prongay Wolke & Rotter, Kaplan Fox, Bronstein Gewirtz & Grossman, Levi & Korsinsky, and Berger Montague, all issued notices reminding shareholders about an August 25, 2026 lead-plaintiff deadline in a filed securities class action against Futu. Article Title
• Negative Sentiment: The lawsuits allege investor harm tied to undisclosed regulatory compliance failures and other securities-law violations, which can weigh on sentiment and raise concerns about potential legal costs, damages, and reputational damage for Futu. Article Title
• Neutral Sentiment: The news mostly consists of repetitive legal notices rather than new operational disclosures, so the immediate stock impact is driven more by headline risk than by fresh fundamental information. Article Title

Analyst Ratings Changes

FUTU has been the subject of several recent research reports. Wall Street Zen cut Futu from a “hold” rating to a “sell” rating in a research note on Saturday, May 30th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $170.50 price objective on shares of Futu in a research note on Thursday, May 28th. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $87.00 target price (down from $300.00) on shares of Futu in a report on Friday, May 22nd. The Goldman Sachs Group downgraded shares of Futu from a “buy” rating to a “neutral” rating and set a $102.13 target price for the company. in a research report on Monday, May 25th. Finally, Zacks Research lowered Futu from a “hold” rating to a “strong sell” rating in a research report on Monday, June 8th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $162.80.

Futu Profile

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.