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11,992 Shares in Futu Holdings Limited Sponsored ADR $FUTU Bought by Factory Mutual Insurance Co.
Factory Mutual Insurance Co. recently acquired 11,992 shares of Futu Holdings (NASDAQ: FUTU) worth approximately $2.09 million during the third quarter. This move aligns with several other large institutions increasing their stakes, indicating strong institutional interest in the company. Futu Holdings reported strong quarterly earnings, beating analyst expectations, and maintains a “Buy” consensus rating from analysts with an average price target of $205.06.