Figma (NYSE:FIG) CRO Shaunt Voskanian Sells 3,933 Shares of Stock

Figma, Inc. (NYSE:FIG) CRO Shaunt Voskanian sold 3,933 shares of Figma stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $37.21, for a total transaction of $146,346.93. Following the completion of the transaction, the executive owned 1,601,012 shares in the company, valued at approximately $59,573,656.52. This trade represents a 0.25% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Shaunt Voskanian also recently made the following trade(s):

• 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 transaction of $314,640.76.
• 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 transaction 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.
• On Monday, November 10th, Shaunt Voskanian sold 403,335 shares of Figma stock. The stock was sold at an average price of $43.39, for a total transaction of $17,500,705.65.
• On Monday, November 3rd, Shaunt Voskanian sold 26,741 shares of Figma stock. The stock was sold at an average price of $48.17, for a total transaction of $1,288,113.97.

Figma Stock Performance

Shares of NYSE:FIG opened at $37.38 on Wednesday. Figma, Inc. has a 52 week low of $32.83 and a 52 week high of $142.92. The firm has a 50-day moving average price of $39.32. The firm has a market capitalization of $15.55 billion and a P/E ratio of -13.95.

Figma (NYSE:FIG) last released its earnings results on Wednesday, November 5th. The company reported $0.10 earnings per share (EPS) for the quarter, topping the consensus estimate of ($1.56) by $1.66. The company had revenue of $274.17 million for the quarter. Figma had a negative return on equity of 84.34% and a negative net margin of 99.32%.The business’s revenue for the quarter was up 38.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.04 EPS.

Institutional Trading of Figma

Institutional investors and hedge funds have recently modified their holdings of the business. SC US Ttgp LTD. acquired a new stake in shares of Figma in the third quarter valued at approximately $1,310,305,000. ICONIQ Capital LLC purchased a new stake in Figma in the 3rd quarter valued at approximately $1,108,879,000. a16z Capital Management L.L.C. acquired a new stake in Figma during the 3rd quarter valued at $842,687,000. Durable Capital Partners LP acquired a new stake in Figma during the 3rd quarter valued at $278,510,000. Finally, Thrive Capital Management LLC purchased a new position in Figma during the third quarter worth $228,034,000.

Analyst Ratings Changes

A number of research firms have commented on FIG. Weiss Ratings reissued a “sell (e+)” rating on shares of Figma in a report on Monday, December 29th. JPMorgan Chase & Co. reduced their price objective on shares of Figma from $65.00 to $60.00 and set a “neutral” rating for the company in a research note on Thursday, November 6th. Piper Sandler decreased their price objective on shares of Figma from $85.00 to $70.00 and set an “overweight” rating on the stock in a report on Thursday, November 6th. Wells Fargo & Company reduced their price target on shares of Figma from $70.00 to $52.00 and set an “equal weight” rating for the company in a research report on Wednesday, November 5th. Finally, Royal Bank Of Canada decreased their price target on Figma from $65.00 to $38.00 and set a “sector perform” rating on the stock in a research note on Monday. Three investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $59.00.

Key Stories Impacting Figma

Here are the key news stories impacting Figma this week:

• Neutral Sentiment: Analyst/valuation coverage: a Yahoo Finance piece examines Figma’s valuation as shares retreat and user narratives diverge — useful context for investors reassessing growth vs. profitability expectations. Assessing Figma (FIG) Valuation As Shares Retreat And User Narratives Diverge
• Neutral Sentiment: Product visibility: a how-to tutorial on Figma scrollbar animation is circulating (MSN), reflecting continued user engagement and ecosystem activity but unlikely to move the stock materially. Figma tutorial: Easy scrollbar animation step by step
• Negative Sentiment: Price-target cut: RBC Capital lowered its Figma price target to $38 from $65, signaling reduced analyst confidence in near‑term upside and likely contributing to weaker sentiment among growth investors. Figma price target lowered to $38 from $65 at RBC Capital
• Negative Sentiment: Insider selling: multiple senior executives (CTO Kris Rasmussen, CFO Praveer Melwani, CRO Shaunt Voskanian, General Counsel Brendan Mulligan, CAO Tyler Herb) disclosed large open‑market sales in early January — the CTO sold ~181k shares (~$6.75M) and other officers sold smaller positions around $37 per share. Heavy insider sales can signal liquidity needs or portfolio diversification and often weigh on short‑term sentiment. (SEC filings) CTO Form 4 filing

Figma Company Profile

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.