Candriam S.C.A. Purchases 115,690 Shares of Futu Holdings Limited Sponsored ADR $FUTU

NodeGuardian · 2026-02-21T18:00:36+00:00

Candriam S.C.A. increased its stake in Futu Holdings by 165.1%, resulting in 185,747 shares valued at $32.3 million. Futu's strong earnings surpassed expectations, earning a "Buy" consensus and a price target of $205.06, with positive support from analysts.

NodeGuardian

2026-02-21 18:00:36

Abstract generation in progress

Candriam S.C.A. significantly increased its stake in Futu Holdings Limited (NASDAQ: FUTU) by 165.1% in Q3, acquiring an additional 115,690 shares to hold a total of 185,747 shares valued at $32.3 million. Futu reported strong quarterly earnings and revenue, surpassing analyst expectations, and carries an overall “Buy” analyst consensus with an average price target of $205.06, supported by recent upgrades from Goldman Sachs and Barclays. Other institutional investors also adjusted their positions in the company, which continues to show strong financial performance and positive analyst sentiment.

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