Figma (NYSE:FIG) Trading Down 4.7% on Insider Selling

Posted by George Bondi on Sep 2nd, 2026

Figma, Inc. (NYSE:FIG – Get Free Report)’s stock price was down 4.7% during trading on Monday after an insider sold shares in the company. The stock traded as low as $27.34 and last traded at $27.4520. Approximately 2,774,589 shares traded hands during mid-day trading, a decline of 85% from the average daily volume of 18,007,268 shares. The stock had previously closed at $28.82.

Specifically, CAO Tyler Herb sold 2,000 shares of the company’s stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $30.00, for a total transaction of $60,000.00. Following the completion of the sale, the chief accounting officer directly owned 252,640 shares of the company’s stock, valued at approximately $7,579,200. This represents a 0.79% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Tyler Herb sold 1,840 shares of the stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $27.14, for a total transaction of $49,937.60. Following the completion of the transaction, the chief accounting officer owned 254,640 shares in the company, valued at $6,910,929.60. The trade was a 0.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on FIG shares. Piper Sandler reissued an “overweight” rating and set a $30.00 price objective on shares of Figma in a research report on Thursday, June 25th. Stifel Nicolaus set a $25.00 target price on Figma in a report on Friday, May 15th. Morgan Stanley set a $33.00 target price on Figma in a research report on Thursday, August 6th. Wells Fargo & Company cut their price target on Figma from $42.00 to $36.00 and set an “overweight” rating for the company in a report on Friday, June 26th. Finally, Royal Bank Of Canada restated a “sector perform” rating on shares of Figma in a research report on Thursday, August 6th. Five analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $32.56.

Check Out Our Latest Stock Analysis on FIG

Figma Price Performance

The firm has a 50-day moving average of $23.81 and a 200-day moving average of $22.86. The stock has a market cap of $12.35 billion and a PE ratio of -7.46.

Figma (NYSE:FIG – Get Free Report) last issued its earnings results on Wednesday, August 5th. The company reported $0.08 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.22) by $0.30. Figma had a negative return on equity of 100.03% and a negative net margin of 123.15%.The company had revenue of $370.08 million for the quarter. During the same period last year, the business posted $0.09 EPS. The firm’s revenue for the quarter was up 48.2% compared to the same quarter last year. Equities analysts forecast that Figma, Inc. will post -0.75 EPS for the current fiscal year.

Institutional Investors Weigh In On Figma

Institutional investors and hedge funds have recently modified their holdings of the stock. Parallel Advisors LLC lifted its holdings in shares of Figma by 3,890.0% in the first quarter. Parallel Advisors LLC now owns 1,197 shares of the company’s stock worth $25,000 after buying an additional 1,167 shares in the last quarter. NewEdge Advisors LLC purchased a new position in Figma during the third quarter valued at $26,000. DV Equities LLC purchased a new position in Figma during the fourth quarter valued at $26,000. Harbour Investments Inc. increased its holdings in Figma by 1,568.2% in the 4th quarter. Harbour Investments Inc. now owns 734 shares of the company’s stock valued at $27,000 after acquiring an additional 690 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB bought a new stake in Figma in the 3rd quarter valued at $27,000.

About Figma

(Get Free Report)

Figma is a San Francisco–based software company that offers a web-based platform for interface design, prototyping and collaboration. Its flagship product, Figma, enables teams to create and refine user interfaces, vector graphics and design systems directly in a browser, eliminating the need for local installations. The platform’s real-time collaboration features allow multiple stakeholders—designers, developers and product managers—to edit and comment simultaneously, streamlining workflows and reducing version control issues.

In addition to its core design tool, Figma provides FigJam, a digital whiteboarding solution that facilitates brainstorming sessions, wireframing and diagramming.