Fred Alger Management Adds $61M in Figure Technology Solutions, Inc. ($FIGR)
Key Points
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Fred Alger Management increased its position in Figure Technology Solutions, Inc. ($FIGR) by 132.66% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,838,851 shares of Figure Technology Solutions, Inc. after buying 2,188,858 shares during the quarter. Fred Alger Management's holdings in Figure Technology Solutions, Inc. were worth $107.22 million as of its most recent filing.
Figure Technology Solutions, Inc. Stock Down 22.5%
Shares of Figure Technology Solutions, Inc. ($FIGR) traded around $27.93 on Saturday, down 22.5% for the day.
Figure Technology Solutions, Inc. Earnings
Analysts Set New Price Targets
About Figure Technology Solutions, Inc.
Figure Technology Solutions, Inc., a financial technology company, provides blockchain-based products and solutions in the United States. The company offers a suite of blockchain-based solutions for its marketplaces, including lending, trading, and investing activities in areas, such as consumer credit and digital assets. It also provides technology-enabled loan origination system and pairs this system with a distribution marketplace; Figure Connect that provides access to a deep and broad pool of capital markets partners; and develops an exchange for digital assets and credit, which offers interest-bearing stablecoin deposits. The company was formerly known as FT Intermediate, Inc. and changed its name to Figure Technology Solutions, Inc. in August 2025. Figure Technology Solutions, Inc. was founded in 2018 and is based in Reno, Nevada.
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