Key Points
- CTO Kris Rasmussen sold 74,305 shares of Figma on Feb 2 at an average price of $24.86 for about $1.85M, trimming his stake to 10.62M shares (a 0.69% decrease) — the sale was part of simultaneous insider selling by several senior executives.
- Figma beat quarterly EPS estimates ($0.10 vs. consensus −$1.56) and revenue grew 38% to $274.2M, but the company still posts negative margins and a negative PE; analysts have trimmed price targets and the consensus rating is Hold with an average target of $47.75.
Figma, Inc. (NYSE:FIG - Get Free Report) CAO Tyler Herb sold 2,232 shares of the business's stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $24.86, for a total value of $55,487.52. Following the transaction, the chief accounting officer owned 195,926 shares of the company's stock, valued at approximately $4,870,720.36. This represents a 1.13% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Tyler Herb also recently made the following trade(s):
- On Monday, January 5th, Tyler Herb sold 2,840 shares of Figma stock. The shares were sold at an average price of $37.15, for a total transaction of $105,506.00.
- On Friday, January 2nd, Tyler Herb sold 2,408 shares of Figma stock. The shares were sold at an average price of $37.21, for a total transaction of $89,601.68.
- On Wednesday, December 3rd, Tyler Herb sold 2,310 shares of Figma stock. The stock was sold at an average price of $36.60, for a total transaction of $84,546.00.
- On Monday, December 1st, Tyler Herb sold 3,073 shares of Figma stock. The stock was sold at an average price of $35.45, for a total transaction of $108,937.85.
- On Monday, November 17th, Tyler Herb sold 757 shares of Figma stock. The shares were sold at an average price of $38.21, for a total transaction of $28,924.97.
- On Monday, November 10th, Tyler Herb sold 43,357 shares of Figma stock. The shares were sold at an average price of $43.93, for a total value of $1,904,673.01.
Figma Stock Up 5.0%
FIG opened at $22.47 on Thursday. The company has a market cap of $9.35 billion and a P/E ratio of -8.38. The stock has a fifty day moving average price of $34.32. Figma, Inc. has a one year low of $19.85 and a one year high of $142.92.
Figma (NYSE:FIG - Get Free Report) last issued its quarterly earnings results on Wednesday, November 5th. The company reported $0.10 EPS for the quarter, topping the consensus estimate of ($1.56) by $1.66. The firm had revenue of $274.17 million for the quarter. Figma had a negative net margin of 99.32% and a negative return on equity of 84.34%. Figma's revenue was up 38.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.04 earnings per share.
Institutional Trading of Figma
Several large investors have recently modified their holdings of FIG. Makena Capital Management LLC acquired a new position in Figma during the 4th quarter worth $1,051,000. International Assets Investment Management LLC bought a new position in Figma in the 4th quarter worth approximately $462,000. Diversify Wealth Management LLC acquired a new position in shares of Figma during the fourth quarter worth approximately $2,855,000. RFG Advisory LLC boosted its position in shares of Figma by 27.7% in the fourth quarter. RFG Advisory LLC now owns 10,600 shares of the company's stock valued at $396,000 after acquiring an additional 2,300 shares during the period. Finally, SBI Securities Co. Ltd. grew its stake in shares of Figma by 54.4% in the fourth quarter. SBI Securities Co. Ltd. now owns 24,485 shares of the company's stock worth $915,000 after acquiring an additional 8,625 shares during the last quarter.
Wall Street Analyst Weigh In
A number of brokerages recently issued reports on FIG. JPMorgan Chase & Co. decreased their target price on Figma from $65.00 to $60.00 and set a "neutral" rating on the stock in a report on Thursday, November 6th. Royal Bank Of Canada lowered their target price on Figma from $65.00 to $38.00 and set a "sector perform" rating on the stock in a research note on Monday, January 5th. Wall Street Zen cut shares of Figma from a "hold" rating to a "sell" rating in a report on Saturday, January 31st. The Goldman Sachs Group assumed coverage on shares of Figma in a research note on Monday, January 12th. They set a "neutral" rating and a $40.00 target price for the company. Finally, Weiss Ratings reissued a "sell (e+)" rating on shares of Figma in a research report on Monday, December 29th. Four investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $47.75.
Check Out Our Latest Stock Report on FIG
Key Stories Impacting Figma
Here are the key news stories impacting Figma this week:
- Positive Sentiment: Retail dip-buying — Some retail traders are treating Figma’s sharp YTD pullback as a buying opportunity, creating short-term support and liquidity that can limit further declines. Read More.
- Neutral Sentiment: Product push — Figma is embedding AI into its platform with “Weave,” which could strengthen product differentiation long-term but hasn’t yet moved consensus targets or earnings models. Execution matters; investors are waiting for proof. Read More.
- Neutral Sentiment: Analyst repositioning — Several analysts have trimmed price targets (and one firm recently downgraded coverage), producing short-term volatility even where some maintain constructive ratings. That raises uncertainty but not a unanimous sell signal. Read More.
- Negative Sentiment: Insider selling — Multiple senior executives (CFO Praveer Melwani, CTO Kris Rasmussen, GC Brendan Mulligan, CRO Shaunt Voskanian, CAO Tyler Herb) disclosed stock sales on Feb. 2 (notable sizes and repeated recent selling). Markets often interpret clustered insider sales as a negative signal for near-term confidence. Read More.
- Negative Sentiment: Valuation & analyst scrutiny — Recent valuation checks and target cuts — tied to AI execution risk and slower-than-expected multiple expansion — have put downward pressure on the stock. Read More.
- Negative Sentiment: Competitive/AI headwinds — Broader AI leadership (notably from Alphabet/Google) is shifting expectations for design/productivity tooling and creating sector-wide valuation pressure that hurts Figma’s near-term sentiment. Read More.
Figma Company Profile
(
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.
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