Figma (NYSE:FIG) CAO Sells $15,915.51 in Stock

Figma, Inc. (NYSE:FIG) CAO Tyler Herb sold 669 shares of the firm’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $23.79, for a total transaction of $15,915.51. Following the transaction, the chief accounting officer directly owned 266,824 shares in the company, valued at approximately $6,347,742.96. The trade was a 0.25% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Tyler Herb also recently made the following trade(s):

• On Tuesday, March 3rd, Tyler Herb sold 1,678 shares of Figma stock. The stock was sold at an average price of $28.47, for a total transaction of $47,772.66.
• On Thursday, February 26th, Tyler Herb sold 1,492 shares of Figma stock. The stock was sold at an average price of $32.00, for a total transaction of $47,744.00.
• On Thursday, February 19th, Tyler Herb sold 1,492 shares of Figma stock. The stock was sold at an average price of $26.00, for a total transaction of $38,792.00.

Figma Price Performance

Shares of FIG opened at $22.84 on Friday. The firm’s 50 day moving average is $20.94 and its 200-day moving average is $29.00. The stock has a market capitalization of $10.18 billion and a P/E ratio of -6.66. Figma, Inc. has a 12-month low of $16.60 and a 12-month high of $142.92.

Figma (NYSE:FIG) last announced its quarterly earnings data on Thursday, May 14th. The company reported $0.10 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.17) by $0.27. The company had revenue of $333.44 million for the quarter. Figma had a negative net margin of 123.83% and a negative return on equity of 98.51%. The firm’s quarterly revenue was up 46.1% on a year-over-year basis. As a group, equities research analysts forecast that Figma, Inc. will post -0.69 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in FIG. SC US Ttgp LTD. acquired a new position in shares of Figma in the third quarter worth about $1,310,305,000. ICONIQ Capital LLC acquired a new position in shares of Figma in the third quarter worth about $1,108,879,000. a16z Capital Management L.L.C. acquired a new position in shares of Figma in the third quarter worth about $842,687,000. Viking Global Investors LP acquired a new position in shares of Figma in the fourth quarter worth about $214,967,000. Finally, Durable Capital Partners LP acquired a new position in shares of Figma in the third quarter worth about $278,510,000.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on FIG shares. The Goldman Sachs Group set a $35.00 price objective on shares of Figma in a research note on Thursday, February 19th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Figma in a research note on Tuesday. Stifel Nicolaus set a $25.00 price objective on shares of Figma in a research note on Friday, May 15th. JPMorgan Chase & Co. decreased their target price on shares of Figma from $45.00 to $42.00 and set a “neutral” rating for the company in a report on Friday, May 15th. Finally, Morgan Stanley decreased their target price on shares of Figma from $44.00 to $38.00 and set an “equal weight” rating for the company in a report on Friday, May 15th. Four equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Figma currently has a consensus rating of “Hold” and an average target price of $38.63.

Trending Headlines about Figma

Here are the key news stories impacting Figma this week:

• Positive Sentiment: Figma is drawing attention for launching a new agentic design tool and expanding its screen design app with an AI agent, reinforcing the company’s AI strategy and potentially supporting future product adoption. Article Title
• Positive Sentiment: Investor sentiment may also be helped by a contrarian note arguing that Figma is an overlooked AI growth stock, which could keep interest high in the name if software sentiment improves. Article Title
• Neutral Sentiment: One article argues that Figma is still needed for a key design workflow even after competing AI tools are used for iteration, suggesting the platform remains relevant but not necessarily triggering a major near-term catalyst. Article Title
• Negative Sentiment: Recent insider selling from the general counsel, CTO, and CAO may weigh on sentiment, even though the trades were made under pre-arranged 10b5-1 plans and do not necessarily signal a change in business fundamentals. Article Title

About Figma

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.