Key Points
- Insider sale: Chief Accounting Officer Tyler Herb sold 709 Figma shares at $26 each for $18,434 under a pre-arranged Rule 10b5-1 plan. He retained 256,480 shares, worth approximately $6.67 million.
- Strong quarterly results: Figma reported $370.1 million in quarterly revenue, up 48.2% year over year, and adjusted EPS of $0.08, beating expectations. Management raised its 2026 revenue outlook to approximately $1.463 billion-$1.467 billion.
- Mixed investor outlook: Analysts have a consensus “Hold” rating with an average price target of $32, while concerns remain about rising AI-related costs, lower gross margins and potential growth deceleration.
Figma, Inc. (NYSE:FIG - Get Free Report) CAO Tyler Herb sold 709 shares of the stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $26.00, for a total transaction of $18,434.00. Following the completion of the transaction, the chief accounting officer directly owned 256,480 shares in the company, valued at $6,668,480. The trade was a 0.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Tyler Herb also recently made the following trade(s):
- On Monday, August 3rd, Tyler Herb sold 1,536 shares of Figma stock. The stock was sold at an average price of $26.00, for a total transaction of $39,936.00.
- On Monday, June 1st, Tyler Herb sold 1,850 shares of Figma stock. The shares were sold at an average price of $26.40, for a total transaction of $48,840.00.
- On Monday, May 18th, Tyler Herb sold 669 shares of Figma stock. The shares were sold at an average price of $23.79, for a total transaction of $15,915.51.
Figma Stock Down 14.9%
Shares of FIG stock opened at $23.94 on Friday. The firm has a 50 day moving average price of $21.75 and a two-hundred day moving average price of $22.76. The company has a market capitalization of $10.67 billion and a PE ratio of -6.58. Figma, Inc. has a 12-month low of $16.60 and a 12-month high of $91.00.
Figma (NYSE:FIG - Get Free Report) last posted its earnings results on Wednesday, August 5th. The company reported $0.08 EPS for the quarter, beating the consensus estimate of ($0.22) by $0.30. Figma had a negative return on equity of 100.47% and a negative net margin of 123.15%.The company had revenue of $370.08 million for the quarter. During the same period in the previous year, the company posted $0.09 EPS. Figma's revenue for the quarter was up 48.2% compared to the same quarter last year. As a group, research analysts expect that Figma, Inc. will post -0.79 EPS for the current year.
Analyst Ratings Changes
Several research firms have weighed in on FIG. Piper Sandler reiterated 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 price target on shares of Figma in a research note on Friday, May 15th. Wells Fargo & Company lowered their price target on shares of Figma from $42.00 to $36.00 and set an "overweight" rating on the stock in a research report on Friday, June 26th. Weiss Ratings reiterated a "sell (e+)" rating on shares of Figma in a research note on Tuesday, May 19th. Finally, Citigroup cut their price objective on shares of Figma from $36.00 to $35.00 and set a "buy" rating for the company in a report on Friday, July 24th. Five research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, Figma presently has a consensus rating of "Hold" and an average target price of $32.00.
Get Our Latest Stock Analysis on FIG
Key Figma News
Here are the key news stories impacting Figma this week:
- Positive Sentiment: Figma reported Q2 revenue of $370.1 million, up 48.2% year over year, while adjusted earnings of $0.08 per share exceeded consensus estimates. Net dollar retention was 136% and demand for its design platform remained strong. Figma second-quarter financial results
- Positive Sentiment: Management raised its 2026 revenue outlook to approximately $1.463 billion-$1.467 billion and forecast third-quarter revenue of $373 million-$375 million, above analysts’ expectations. AI-enabled features and credit monetization are helping increase customer engagement. Figma revenue outlook
- Neutral Sentiment: Figma’s CFO, CTO and CRO sold shares totaling roughly $7.3 million. The transactions were made under pre-arranged Rule 10b5-1 plans, and the executives retained substantial holdings, limiting the importance of the sales as a fundamental signal. Figma insider sales
- Negative Sentiment: Investors are concerned that Figma’s AI expansion requires steep investment. Higher AI costs and an approximately 85% gross margin, down year over year, could limit near-term profitability. Expected revenue-growth deceleration and concerns that AI could disrupt Figma’s core market have also prompted bearish commentary, including a Sell downgrade. Figma AI costs and margins
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of FIG. a16z Capital Management L.L.C. bought a new stake in Figma during the third quarter worth about $842,687,000. Viking Global Investors LP acquired a new position in shares of Figma in the 4th quarter valued at approximately $214,967,000. Durable Capital Partners LP bought a new stake in shares of Figma during the 3rd quarter worth approximately $278,510,000. Thrive Capital Management LLC bought a new stake in shares of Figma during the 3rd quarter worth approximately $228,034,000. Finally, Cosmic Management LLC acquired a new stake in shares of Figma during the 4th quarter worth approximately $151,535,000.
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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