Futu stock is trading -35.59% below its average target price of $120.61 after marking a 3.4% during today's morning session. Analysts are giving the Large-Cap Capital Markets company an average rating of buy and target prices ranging from $94.97273 to $159.95415 per share.
Futu has an average level of shares sold short, at 9.0% of its total share float. The stock's short ratio (also called days to cover) is 0.61. The company's insiders own 16.16% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Institutional investors own 38.5% of Futu's shares, which indicates they have a high level of confidence in the company.
Institutions Invested in Futu
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-09-30 | Aspex Management (HK) Ltd | 5% | 4,553,023 | $353,724,367 |
| 2024-09-30 | Morgan Stanley | 3% | 2,956,793 | $229,713,255 |
| 2024-09-30 | Blackrock Inc. | 3% | 2,587,090 | $200,991,028 |
| 2024-09-30 | Greenwoods Asset Management Hong Kong Ltd. | 2% | 1,884,567 | $146,412,014 |
| 2024-09-30 | Price (T.Rowe) Associates Inc | 2% | 1,648,703 | $128,087,740 |
| 2024-09-30 | Marshall Wace LLP | 2% | 1,593,928 | $123,832,270 |
| 2024-09-30 | State Street Corporation | 1% | 1,078,811 | $83,812,829 |
| 2024-09-30 | HSG Holding Ltd. | 1% | 1,057,644 | $82,168,364 |
| 2024-09-30 | HHLR Advisors, LTD | 1% | 1,051,089 | $81,659,106 |
| 2024-06-30 | Norges Bank Investment Management | 1% | 788,100 | $61,227,490 |
