Li Xu Acquires 40,000 Shares of Futu Holdings
Li Xu, Senior VP at Futu Holdings, bought 40,000 shares of the company.
Key Points
- Li Xu, Senior Vice President of Futu Holdings, purchased 40,000 shares on June 23, 2026.
- Futu Holdings has a market cap of $14 billion, a P/E ratio of 11, and a 52-week high of $202.53.
- Analysts have set a mean price target of $161.97 and a strong buy consensus for FUTU.
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Li Xu, a Senior Vice President at Futu Holdings Limited, made a significant purchase of 40,000 shares of the company's stock on June 23, 2026. This move adds to his position in the company, known for its digitalized securities brokerage and wealth management services.
Insider Buying and Selling at Futu Holdings Limited
On June 23, 2026, Li Xu acquired 40,000 shares of Futu Holdings at an undisclosed price. This purchase was not part of a pre-arranged trading plan. Over the past years, Xu has been active in trading Futu shares, including several significant sales in 2025 and 2024.
Futu Holdings Limited Stock Down 21.2%
Shares of NasdaqGM:FUTU traded near $99.97 on Tuesday. Futu Holdings boasts a market capitalization of approximately $14 billion and a P/E ratio of 11.03. The stock has shown volatility with a 52-week range from $80.50 to $202.53. It has a 50-day moving average of $130.79 and a 200-day moving average of $156.61, reflecting a period of fluctuation. The company's current ratio stands at 1.15, with a quick ratio of 1.14 and a debt-to-equity ratio of 54.25.
$FUTU stock price
Daily closing prices, year to date. Not investment advice.
Analysts Set New Price Targets
On May 26, 2026, JP Morgan maintained its hold rating on Futu Holdings with a price target of $100. Earlier, on May 22, 2026, JP Morgan downgraded the stock to hold with a target of $87. Barclays, on March 16, 2026, maintained a buy rating with a target of $200. The consensus among 18 analysts is a strong buy with a mean price target of $161.97.
About Futu Holdings
Futu Holdings Limited provides online financial services, including securities and derivative trades, through its Futubull and Moomoo platforms. The company offers margin financing and fund distribution services, as well as online wealth management under the Money Plus brand. Founded in 2007, Futu is headquartered in Admiralty, Hong Kong, and led by CEO Mr. Hua Li. It employs around 3,540 people and operates internationally.
Bottom Line
Li Xu's recent purchase of Futu shares underscores his confidence in the company's future prospects. As a key player in the digital brokerage space, Futu Holdings continues to attract attention from investors and analysts alike. The stock's recent trading activity and analyst ratings reflect the dynamic nature of its market position.
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This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.