Key Points
- FIGS CEO Catherine Eva Spear sold 49,734 shares on Jan. 6 at an average price of $11.38 for a total of $565,972.92, trimming her stake by 2.61% to 1,857,299 shares (roughly $21.14M).
- In the latest quarter FIGS reported a surprise EPS beat of $0.05 versus consensus $0.02 and revenue of $151.66M (vs. $142.39M est.), up 8.2% year‑over‑year.
- The stock trades near $11.77 with a $1.94B market cap and 52‑week range $3.57–$12.35, while Wall Street’s consensus rating is Hold with an average price target of $9.60, below the current price.
FIGS, Inc. (NYSE:FIGS - Get Free Report) CFO Sarah Oughtred sold 10,515 shares of FIGS stock in a transaction that occurred on Wednesday, January 7th. The shares were sold at an average price of $11.50, for a total value of $120,922.50. Following the completion of the sale, the chief financial officer directly owned 834,830 shares in the company, valued at approximately $9,600,545. This represents a 1.24% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.
Sarah Oughtred also recently made the following trade(s):
- On Tuesday, November 4th, Sarah Oughtred sold 22,745 shares of FIGS stock. The shares were sold at an average price of $7.39, for a total value of $168,085.55.
FIGS Stock Down 1.8%
NYSE:FIGS opened at $11.77 on Friday. The company has a market cap of $1.94 billion, a P/E ratio of 117.70 and a beta of 1.30. FIGS, Inc. has a twelve month low of $3.57 and a twelve month high of $12.35. The business has a 50 day moving average price of $10.48 and a two-hundred day moving average price of $8.05.
FIGS (NYSE:FIGS - Get Free Report) last announced its quarterly earnings data on Thursday, November 6th. The company reported $0.05 EPS for the quarter, topping analysts' consensus estimates of $0.02 by $0.03. FIGS had a net margin of 3.03% and a return on equity of 4.50%. The business had revenue of $151.66 million for the quarter, compared to analyst estimates of $142.39 million. During the same quarter in the previous year, the firm posted ($0.01) earnings per share. The firm's revenue for the quarter was up 8.2% on a year-over-year basis. As a group, analysts anticipate that FIGS, Inc. will post 0.01 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in FIGS. Farther Finance Advisors LLC lifted its holdings in FIGS by 12,795.0% during the 2nd quarter. Farther Finance Advisors LLC now owns 5,158 shares of the company's stock valued at $29,000 after purchasing an additional 5,118 shares during the last quarter. Assetmark Inc. bought a new position in FIGS in the 3rd quarter valued at about $35,000. Quarry LP lifted its position in FIGS by 1,876.3% during the third quarter. Quarry LP now owns 7,846 shares of the company's stock worth $52,000 after acquiring an additional 7,449 shares during the last quarter. Capstone Financial Advisors Inc. bought a new stake in shares of FIGS during the second quarter worth approximately $56,000. Finally, Boothbay Fund Management LLC acquired a new position in shares of FIGS in the third quarter valued at approximately $72,000. 92.21% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
FIGS has been the topic of a number of recent research reports. Telsey Advisory Group reaffirmed a "market perform" rating and issued a $9.00 target price (up previously from $7.00) on shares of FIGS in a research report on Monday, November 3rd. Wall Street Zen lowered FIGS from a "strong-buy" rating to a "buy" rating in a research report on Saturday, December 13th. Wolfe Research raised FIGS to a "buy" rating in a report on Wednesday, December 10th. BTIG Research raised their target price on shares of FIGS from $12.00 to $15.00 and gave the company a "buy" rating in a research note on Wednesday, December 10th. Finally, Weiss Ratings restated a "hold (c-)" rating on shares of FIGS in a report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $9.60.
Read Our Latest Stock Analysis on FIGS
About FIGS
(
Get Free Report)
FIGS, Inc operates as a direct-to-consumer designer and retailer of medical apparel and accessories. The company offers a range of products tailored to the needs of healthcare professionals, including scrub sets, lab coats, tops, bottoms, outerwear, footwear, and performance fabrics designed for comfort, durability, and antimicrobial protection. Through its e-commerce platform and a growing network of retail stores, FIGS provides customizable uniforms and accessories with a focus on innovative materials and functional design features such as four-way stretch fabrics, moisture-wicking technology, and multiple secure pockets.
Founded in 2013 by Heather Hasson and Trina Spear, FIGS set out to disrupt the traditional medical uniform market by emphasizing both form and function.
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