Quantinno Capital Management LP Increases Stock Holdings in Figma, Inc. $FIG

Quantinno Capital Management LP raised its position in shares of Figma, Inc. (NYSE:FIG) by 237.2% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 212,034 shares of the company’s stock after purchasing an additional 149,156 shares during the quarter. Quantinno Capital Management LP’s holdings in Figma were worth $4,482,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in FIG. SC US Ttgp LTD. increased its position in shares of Figma by 5.8% during the 1st quarter. SC US Ttgp LTD. now owns 26,728,171 shares of the company’s stock valued at $565,034,000 after purchasing an additional 1,466,851 shares during the last quarter. a16z Capital Management L.L.C. purchased a new position in shares of Figma in the third quarter worth approximately $842,687,000. JPMorgan Chase & Co. grew its position in Figma by 119.4% during the fourth quarter. JPMorgan Chase & Co. now owns 6,643,939 shares of the company’s stock valued at $248,284,000 after buying an additional 3,615,198 shares during the period. Baillie Gifford & Co. grew its position in Figma by 93.8% during the fourth quarter. Baillie Gifford & Co. now owns 5,763,613 shares of the company’s stock valued at $215,386,000 after buying an additional 2,789,986 shares during the period. Finally, Viking Global Investors LP purchased a new stake in Figma during the fourth quarter valued at approximately $214,967,000.

Analyst Upgrades and Downgrades

FIG has been the topic of several recent research reports. JPMorgan Chase & Co. decreased their price target on shares of Figma from $45.00 to $42.00 and set a “neutral” rating on the stock in a research report on Friday, May 15th. Citigroup boosted their price objective on shares of Figma from $35.00 to $37.00 and gave the company a “buy” rating in a research report on Friday. Piper Sandler reaffirmed an “overweight” rating and issued a $30.00 target price on shares of Figma in a report on Thursday, June 25th. BTIG Research initiated coverage on Figma in a research report on Monday, April 13th. They set a “neutral” rating on the stock. Finally, Oppenheimer reissued a “market perform” rating on shares of Figma in a report on Thursday, June 25th. Five investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $32.22.

Figma Price Performance

Shares of FIG stock opened at $23.29 on Friday. Figma, Inc. has a one year low of $16.60 and a one year high of $91.00. The company’s fifty day moving average price is $21.70 and its 200-day moving average price is $22.77. The company has a market capitalization of $10.60 billion and a price-to-earnings ratio of -6.40.

Figma (NYSE:FIG) last issued its earnings results on Wednesday, August 5th. The company reported $0.08 earnings per share for the quarter, topping the consensus estimate of ($0.22) by $0.30. Figma had a negative net margin of 123.15% and a negative return on equity of 100.47%. The company had revenue of $370.08 million during the quarter. During the same period in the prior year, the company posted $0.09 EPS. The company’s quarterly revenue was up 48.2% on a year-over-year basis. Equities research analysts expect that Figma, Inc. will post -0.79 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Dylan Field sold 174,430 shares of Figma stock in a transaction that occurred on Friday, May 29th. The stock was sold at an average price of $25.02, for a total transaction of $4,364,238.60. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CRO Shaunt Voskanian sold 87,510 shares of the business’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $23.01, for a total value of $2,013,605.10. Following the completion of the transaction, the executive directly owned 1,781,380 shares in the company, valued at approximately $40,989,553.80. This represents a 4.68% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,675,578 shares of company stock valued at $41,729,080 over the last three months. Insiders own 32.26% of the company’s stock.

Key Stories Impacting Figma

Here are the key news stories impacting Figma this week:

• Positive Sentiment: Figma reported second-quarter revenue of $370.1 million, up 48.2% year over year, and adjusted earnings of $0.08 per share, exceeding expectations. Net dollar retention reached 136%, indicating strong customer expansion and platform engagement. Figma second-quarter earnings
• Positive Sentiment: Management raised its fiscal 2026 revenue outlook to approximately $1.463 billion-$1.467 billion and expects third-quarter revenue of $373 million-$375 million. AI-powered features and credit monetization are viewed by bullish analysts as potential drivers of additional growth and customer usage. Figma fiscal 2026 outlook
• Neutral Sentiment: Several executives, including the CFO, CTO, CRO and CAO, sold shares under pre-arranged Rule 10b5-1 trading plans. Because the sales represented relatively small portions of their remaining holdings and were scheduled transactions, they provide limited insight into management’s current outlook. Figma insider transactions
• Negative Sentiment: The primary pressure on the stock is Figma’s aggressive AI investment. Higher AI-related costs and gross margin of about 85%, down from the prior year, are raising concerns about near-term profitability and operating leverage. Investors are also wary of decelerating revenue growth, possible AI disruption to Figma’s core design market and executive departures. These concerns led some analysts to downgrade the shares despite the earnings beat. Figma AI costs and margins

Figma 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.