Figma (NYSE:FIG) CEO Dylan Field Sells 3,029,063 Shares of Stock

Figma, Inc. (NYSE:FIG) CEO Dylan Field sold 3,029,063 shares of Figma stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $37.30, for a total value of $112,984,049.90. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Figma Price Performance

NYSE FIG opened at $35.69 on Thursday. The business’s 50 day simple moving average is $52.50. Figma, Inc. has a 52-week low of $35.50 and a 52-week high of $142.92.

Figma (NYSE:FIG) last announced its quarterly earnings results on Wednesday, November 5th. The company reported $0.10 earnings per share for the quarter, beating analysts’ consensus estimates of ($1.56) by $1.66. The company had revenue of $274.17 million during the quarter. The business’s quarterly revenue was up 38.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.04 earnings per share. Figma has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS.

Wall Street Analysts Forecast Growth

FIG has been the subject of a number of research reports. Wall Street Zen upgraded Figma to a “hold” rating in a report on Saturday, August 9th. JPMorgan Chase & Co. reduced their price objective on Figma from $65.00 to $60.00 and set a “neutral” rating for the company in a research report on Thursday, November 6th. Weiss Ratings began coverage on Figma in a report on Friday, October 24th. They set a “sell (d)” rating for the company. Morgan Stanley dropped their target price on Figma from $80.00 to $70.00 and set an “equal weight” rating on the stock in a research report on Thursday, September 4th. Finally, Zacks Research raised Figma to a “hold” rating in a research report on Thursday, August 21st. Three investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $62.86.

Institutional Trading of Figma

Hedge funds and other institutional investors have recently modified their holdings of the stock. Whittier Trust Co. of Nevada Inc. acquired a new position in Figma during the third quarter valued at approximately $26,000. NewEdge Advisors LLC bought a new stake in shares of Figma during the 3rd quarter worth approximately $26,000. Sunbelt Securities Inc. acquired a new stake in shares of Figma in the 3rd quarter valued at approximately $30,000. US Bancorp DE bought a new position in shares of Figma in the third quarter valued at $31,000. Finally, Montag A & Associates Inc. bought a new position in shares of Figma in the third quarter valued at $33,000.

Figma Company Profile

Figma is where teams come together to turn ideas into the world’s best digital products and experiences. Every day, billions of people around the world use apps, websites, and other digital experiences that are made in Figma. They’re looking up directions on Google Maps; requesting rides with Uber; checking in for flights on JetBlue; streaming shows on Netflix; learning languages with Duolingo; asking questions of Claude; connecting on LinkedIn; buying goods on Mercado Libre; or booking stays and experiences with Airbnb.