# Qfin Holdings, Inc. (QFIN)

> Source: Nexqual · https://nexqual.com/QFIN · data as of 2026-10-22 20:00 UTC · cite as "Nexqual, Qfin Holdings, Inc. (QFIN), nexqual.com/QFIN" · informational, not investment advice.

**Price:** USD 5.47 (+0.37% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 5.45 · day 5.34–5.49 · 52w 5.3–27.59 · market cap $665M · NMS

## Key facts
- Insider open-market sales, last ~7 months: 2 Form 4 filings, $4.9M; 2 not under a Rule 10b5-1 plan ($4.9M); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Insider open-market purchases, last ~7 months: 1 Form 4 filing, $58K; 0 by opportunistic insiders, 0 by routine insiders.
- Analysts: Buy (mean 2.38 on a 1–5 scale) (13 analysts), mean target USD 14.89 (range 8.08–23.13).
- Total return with dividends: 1Y -76.9% vs S&P 500 +14.9%; 5Y -67.7% vs S&P 500 +80.3%.
- Next earnings: 2026-11-17, EPS estimate USD 3.41, revenue estimate $2.92B.

## Insider sales (SEC Form 4, open-market, last ~7 months)
0 of 2 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-09-29 | Yan Andrew Y | Director | 850 | $3K | 100% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-09-24…2026-09-25 | Yan Andrew Y | Director | 656,700 | $4.9M | 100% | No | Too little history (no open-market trades in 2023–2025) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

## Insider purchases (SEC Form 4, open-market, last ~7 months)
1 purchase, $58K. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.
| Trade date | Insider | Role | Shares | Value | Avg price | Insider type |
|---|---|---|---|---|---|---|
| 2026-06-09 | Chen Xiaohuan | Director | 4,000 | $58K | 14.41 | Too little history (no open-market trades in 2024 or 2025) |

## Analysts
Consensus Buy (mean 2.38 on a 1–5 scale), 13 analysts; mean target USD 14.89 (low 8.08, high 23.13).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-08-26 | JP Morgan | Downgrade | Neutral → Underweight | $13.5 → $9 |
| 2026-08-11 | JP Morgan | Target lowered | Neutral | $14.5 → $13.5 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-18) |
|---|---|---|
| Total return | -76.9% | -67.7% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -77.0% | -20.2% |
| Volatility (annualized) | 58.9% | 59.4% |
| Max drawdown | -77.4% (Oct 2025→Oct 2026) | -85.9% (Mar 2025→Oct 2026) |

## Peers (Credit Services)
GDOT (Green Dot Corporation) USD 12.39 +1.56% · FINV (FinVolution Group) USD 3.06 +2.00% · LU (Lufax Holding Ltd) USD 0.84 -89.91% · SWRD (STEWARDS INC) USD 2.63 -0.00% · PRAA (PRA Group, Inc.) USD 19.96 -2.87% · WRLD (World Acceptance Corporation) USD 169.66 +1.69%

## More
Full page: https://nexqual.com/QFIN · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Supply chain and relationships (SEC annual reports)

Named in QFIN's own 20-F filed 2026-04-27 (https://www.sec.gov/Archives/edgar/data/1741530/000110465926049501/qfin-20251231x20f.htm):

| Relationship | Company | Sentence in the filing |
|---|---|---|
| Partner | Shanghai Qifu Changfeng Technology | "In October 2020, we established Shanghai Qifu Changfeng Technology, Co., Ltd. (previously known as Shanghai 360 Changfeng Technology, Co., Ltd.), or Qifu Changfeng, a joint venture company in Shanghai, China through Shan…" |
| Partner | Changfeng Technology | "In October 2020, we established Shanghai Qifu Changfeng Technology, Co., Ltd. (previously known as Shanghai 360 Changfeng Technology, Co., Ltd.), or Qifu Changfeng, a joint venture company in Shanghai, China through Shan…" |
| Related party | Aerovane Company | "360 Group was our related party during the fiscal years of 2023, 2024 and for substantially all of the fiscal year of 2025, as 360 Group was controlled by Mr. Hongyi Zhou, who was deemed to beneficially own the shares of…" |

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $3.41 | $7.07 | -51.8% | $2.92B | 1 |
| Next quarter (ends 2026-12-31) | $3.31 | $6.99 | -52.6% | $2.68B | 1 |
| Current fiscal year (ends 2026-12-31) | $17.37 | $29.38 | -40.9% | $13.12B | 4 |
| Next fiscal year (ends 2027-12-31) | $19.27 | $31.89 | -39.6% | $11.99B | 5 |

## Options: expected move (Cboe, 15-min delayed)

Expected move by 2026-11-20 (includes earnings 2026-11-17): ±16.1%.

| Expiration | Days | ATM IV | Expected move |
|---|---|---|---|
| 2026-11-20 | 28 | 66.7% | ±16.1% |
| 2026-12-18 | 56 | 76.1% | ±23.5% |
| 2027-02-19 | 119 | 75.5% | ±34.1% |
| 2027-05-21 | 210 | 74.7% | ±45.7% |