Key Points
- CTO Kris Rasmussen sold 51,359 shares on Feb. 25 at an average price of $30 (~$1.54M), and this transaction is part of a cluster of recent insider sales by Rasmussen totaling millions of dollars, though he still directly owns about 10.37M shares.
- Figma beat EPS estimates (reported $0.08 vs. consensus -$0.20) and revenue grew 40.1% year-over-year to $303.8M, but the company remains unprofitable with negative margins and ROE while the stock trades below its 200‑day average; analysts' consensus rating is "Hold" with a $43.25 target.
- Offsetting some selling, two directors disclosed purchases totaling roughly $36.5M, and product/AI moves such as OpenAI Codex integration are being highlighted as potentially positive catalysts for Figma's competitive positioning.
Figma, Inc. (NYSE:FIG - Get Free Report) CRO Shaunt Voskanian sold 8,554 shares of Figma stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $30.00, for a total transaction of $256,620.00. Following the completion of the sale, the executive directly owned 1,580,181 shares in the company, valued at $47,405,430. This represents a 0.54% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Shaunt Voskanian also recently made the following trade(s):
- On Monday, February 2nd, Shaunt Voskanian sold 3,828 shares of Figma stock. The stock was sold at an average price of $24.86, for a total transaction of $95,164.08.
- On Monday, January 5th, Shaunt Voskanian sold 8,449 shares of Figma stock. The stock was sold at an average price of $37.24, for a total value of $314,640.76.
- On Friday, January 2nd, Shaunt Voskanian sold 3,933 shares of Figma stock. The stock was sold at an average price of $37.21, for a total transaction of $146,346.93.
- On Wednesday, December 3rd, Shaunt Voskanian sold 6,305 shares of Figma stock. The stock was sold at an average price of $36.68, for a total value of $231,267.40.
- On Monday, December 1st, Shaunt Voskanian sold 6,076 shares of Figma stock. The shares were sold at an average price of $35.45, for a total transaction of $215,394.20.
Figma Price Performance
Figma stock opened at $29.39 on Friday. The stock has a market cap of $12.96 billion and a price-to-earnings ratio of -9.42. Figma, Inc. has a 1-year low of $19.85 and a 1-year high of $142.92. The firm has a 50 day simple moving average of $30.10 and a 200-day simple moving average of $44.82.
Figma (NYSE:FIG - Get Free Report) last posted its earnings results on Wednesday, February 18th. The company reported $0.08 EPS for the quarter, beating analysts' consensus estimates of ($0.20) by $0.28. The company had revenue of $303.78 million for the quarter. Figma had a negative return on equity of 97.03% and a negative net margin of 121.87%.The business's quarterly revenue was up 40.1% compared to the same quarter last year.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the business. Whittier Trust Co. of Nevada Inc. purchased a new position in shares of Figma in the 3rd quarter valued at $26,000. NewEdge Advisors LLC purchased a new position in Figma during the third quarter worth about $26,000. Wilmington Savings Fund Society FSB purchased a new position in Figma in the third quarter worth $27,000. Sunbelt Securities Inc. acquired a new stake in shares of Figma during the 3rd quarter valued at approximately $30,000. Finally, US Bancorp DE acquired a new position in shares of Figma during the 3rd quarter worth $31,000.
More Figma News
Here are the key news stories impacting Figma this week:
- Positive Sentiment: Large insider buying by a director signals confidence — two separate director purchases announced totaling roughly $36.5M in stock, which can support sentiment about insider conviction. Figma (NYSE:FIG) Director Acquires $14,351,267.70 in Stock
- Positive Sentiment: Another large director buy reported (about $22.18M), further offsetting concerns from insider sales and suggesting long-term insider confidence. Insider Buying: Figma (NYSE:FIG) Director Buys $22,179,800.70 in Stock
- Positive Sentiment: Product/AI partnership: Figma is integrating OpenAI Codex support, which could strengthen its AI-enabled workflow and competitive positioning. Figma partners with OpenAI to bake in support for Codex
- Positive Sentiment: Strategic analysis highlights Figma’s orchestration/MCP network effects as a potential long-term defensibility factor — bullish for durable competitive moat if execution continues. Figma’s orchestration bet: Why MCP network effects redefine software defensibility
- Neutral Sentiment: Market take on incumbents: coverage suggests Figma’s AI credits are pressuring Creative Cloud valuation — could be positive for Figma competitive stance but uncertain in near term. Adobe Valuation Questioned As Figma AI Credits Challenge Creative Cloud
- Negative Sentiment: Executive selling: CTO Kris Rasmussen sold 51,359 shares (~$1.54M) — routine diversification but often viewed negatively by investors when clustered with other selling. SEC Form 4 - Kris Rasmussen
- Negative Sentiment: CRO Shaunt Voskanian also sold 8,554 shares (~$256.6k), adding to the appearance of insider selling pressure. SEC Form 4 - Shaunt Voskanian
- Negative Sentiment: Market action: Benzinga reports FIG slid amid a Friday market rout and rotation out of richly valued tech names — broad macro-driven selling pressure. Figma Stock Slides On AI Competition Amid Friday Market Rout
- Negative Sentiment: Notable criticism: Jim Cramer questioned Figma’s moat, which can weigh on sentiment among retail and momentum investors. Figma (FIG) Doesn’t Have The Moat That It Thinks, Says Jim Cramer
Analyst Ratings Changes
FIG has been the topic of a number of research analyst reports. Wall Street Zen raised Figma from a "sell" rating to a "hold" rating in a research report on Sunday, February 8th. Stifel Nicolaus decreased their target price on Figma from $40.00 to $30.00 and set a "hold" rating on the stock in a research note on Thursday, February 19th. The Goldman Sachs Group set a $35.00 target price on Figma in a research report on Thursday, February 19th. Wells Fargo & Company reduced their price target on shares of Figma from $52.00 to $42.00 and set an "overweight" rating on the stock in a research report on Thursday, February 19th. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Figma from $65.00 to $60.00 and set a "neutral" rating for the company in a report on Thursday, November 6th. Four analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $43.25.
View Our Latest Stock Report on FIG
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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