Figma, Inc. (NYSE:FIG – Get Free Report) CAO Tyler Herb sold 1,107 shares of the company’s stock in a transaction dated Tuesday, November 3rd. The stock was sold at an average price of $21.26, for a total transaction of $23,534.82. Following the completion of the transaction, the chief accounting officer owned 242,151 shares in the company, valued at approximately $5,148,130.26. The trade was a 0.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Tyler Herb also recently made the following trade(s):
- On Monday, October 5th, Tyler Herb sold 1,418 shares of Figma stock. The stock was sold at an average price of $21.62, for a total transaction of $30,657.16.
- On Thursday, September 3rd, Tyler Herb sold 1,416 shares of Figma stock. The shares were sold at an average price of $26.29, for a total transaction of $37,226.64.
- On Thursday, August 27th, Tyler Herb sold 2,000 shares of Figma stock. The shares were sold at an average price of $30.00, for a total transaction of $60,000.00.
- On Friday, August 21st, Tyler Herb sold 1,840 shares of Figma stock. The shares were sold at an average price of $27.14, for a total transaction of $49,937.60.
Figma Price Performance
Shares of FIG stock opened at $18.79 on Friday. The company has a market capitalization of $8.60 billion, a P/E ratio of -17.56 and a beta of 1.17. The company’s 50-day simple moving average is $22.62 and its two-hundred day simple moving average is $22.96. Figma, Inc. has a one year low of $16.60 and a one year high of $45.42.
Figma (NYSE:FIG – Get Free Report) last posted its quarterly earnings results on Wednesday, November 4th. The company reported $0.10 earnings per share for the quarter, beating the consensus estimate of ($0.22) by $0.32. The firm had revenue of $391.42 million during the quarter. Figma had a negative net margin of 40.21% and a negative return on equity of 33.14%. The business’s revenue was up 42.8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.10 EPS. On average, research analysts expect that Figma, Inc. will post -0.75 EPS for the current fiscal year.
Hedge Funds Weigh In On Figma
A number of hedge funds and other institutional investors have recently modified their holdings of FIG. Greylock XIV GP LLC bought a new position in Figma in the second quarter worth approximately $1,056,824,403. SC US Ttgp LTD. lifted its holdings in Figma by 5.8% during the first quarter. SC US Ttgp LTD. now owns 26,728,171 shares of the company’s stock worth $565,034,000 after buying an additional 1,466,851 shares during the period. Bank of America Corp DE boosted its position in Figma by 428.1% during the 1st quarter. Bank of America Corp DE now owns 4,180,575 shares of the company’s stock valued at $88,377,000 after acquiring an additional 3,388,902 shares in the last quarter. Pictet Asset Management Holding SA boosted its position in Figma by 26,445.4% during the 3rd quarter. Pictet Asset Management Holding SA now owns 3,072,370 shares of the company’s stock valued at $64,581,000 after acquiring an additional 3,060,796 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership bought a new stake in Figma during the 1st quarter valued at $36,600,000.
Wall Street Analyst Weigh In
A number of brokerages have weighed in on FIG. Stifel Nicolaus decreased their target price on Figma from $25.00 to $22.00 and set a “hold” rating for the company in a research report on Wednesday, October 14th. Weiss Ratings raised Figma from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Tuesday, October 6th. JPMorgan Chase & Co. cut their price target on Figma from $28.00 to $24.00 and set a “neutral” rating on the stock in a research note on Thursday. Morgan Stanley set a $33.00 price target on Figma in a research note on Thursday, August 6th. Finally, Citigroup decreased their price objective on Figma from $35.00 to $34.00 and set a “buy” rating for the company in a report on Friday. Four equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $28.80.
Check Out Our Latest Research Report on FIG
Key Stories Impacting Figma
Here are the key news stories impacting Figma this week:
- Positive Sentiment: Q3 revenue rose 42.8% year over year to $391.4 million, while adjusted earnings of $0.10 per share beat estimates. Figma also raised its 2026 revenue outlook to $1.497 billion–$1.499 billion and forecast Q4 revenue of $402 million–$404 million. Figma Q3 earnings report
- Positive Sentiment: Figma said repricing AI credits increased user utilization by 40%. Its plans to monetize AI features and develop an in-house design model could create additional growth opportunities. Figma earnings takeaways
- Neutral Sentiment: Figma’s CAO and general counsel reported share sales under pre-arranged Rule 10b5-1 plans. Both retained substantial holdings, limiting the significance of the sales as a standalone signal. Figma insider transactions
- Negative Sentiment: Despite the earnings beat and improved guidance, investors are concerned that building and delivering AI features could be costly and pressure margins as Figma invests for long-term growth. Investor concerns about AI costs
- Negative Sentiment: JPMorgan and RBC lowered their price targets to $24 and maintained neutral or sector-perform ratings, reinforcing a cautious view after the results. JPMorgan analyst update
About Figma
Figma, Inc develops browser-based software for designing and building digital products. Its platform supports collaborative interface design, interactive prototyping and workflows that help teams plan, create and refine websites, apps and other digital experiences.
Figma’s products include Figma Design for interface design and prototyping, FigJam for online whiteboarding and brainstorming, and Dev Mode, which helps developers inspect designs and access implementation details. Figma Slides provides tools for creating and presenting slide decks.
Founded in 2012 by Dylan Field and Evan Wallace, the company serves organizations and individuals around the world through its collaborative software platform.
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