FIG is trading 3.06% up today at $18.71 after a regulatory filing revealed that investment giant Baillie Gifford nearly doubled its stake in the company.
- The Edinburgh-based firm increased its position by 93.8% during Q4 2025, signaling strong institutional confidence despite the stock's recent volatility.
- The stock is finding support after hitting a 52-week low near $19.70, recovering from a sharp decline from its April 2 high of $21.27.
- Today's gains reverse significant selling pressure following Friday's 4.82% decline, suggesting the institutional bet is providing a price floor.