Hsbc Holdings PLC Increases Position in Figma, Inc. $FIG

Hsbc Holdings PLC lifted its position in Figma, Inc. (NYSE:FIG) by 274.0% during the 4th quarter, Holdings Channel.com reports. The fund owned 117,542 shares of the company’s stock after acquiring an additional 86,117 shares during the period. Hsbc Holdings PLC’s holdings in Figma were worth $4,384,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. NewEdge Advisors LLC purchased a new stake in Figma during the 3rd quarter valued at about $26,000. Wilmington Savings Fund Society FSB acquired a new position in shares of Figma in the third quarter valued at about $27,000. Sunbelt Securities Inc. purchased a new position in shares of Figma in the third quarter worth about $30,000. US Bancorp DE purchased a new position in shares of Figma in the third quarter worth about $31,000. Finally, Montag A & Associates Inc. acquired a new stake in shares of Figma during the third quarter worth about $33,000.

Figma Stock Performance

FIG opened at $18.58 on Friday. The company has a fifty day moving average of $20.28 and a two-hundred day moving average of $25.74. The stock has a market capitalization of $8.28 billion and a price-to-earnings ratio of -5.42. Figma, Inc. has a fifty-two week low of $16.60 and a fifty-two week high of $142.92.

Figma (NYSE:FIG) last posted its earnings results 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. Figma had a negative net margin of 123.83% and a negative return on equity of 98.51%. The business had revenue of $333.44 million for the quarter. Figma’s quarterly revenue was up 46.1% on a year-over-year basis. On average, equities research analysts forecast that Figma, Inc. will post -0.78 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. BTIG Research assumed coverage on Figma in a research report on Monday, April 13th. They issued a “neutral” rating on the stock. JPMorgan Chase & Co. decreased their price objective on shares of Figma from $45.00 to $42.00 and set a “neutral” rating for the company in a research note on Friday, May 15th. Citigroup started coverage on shares of Figma in a report on Wednesday, June 17th. They issued a “buy” rating and a $36.00 price objective on the stock. Royal Bank Of Canada cut their price objective on shares of Figma from $28.00 to $22.00 and set a “sector perform” rating on the stock in a research note on Thursday. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of Figma in a report on Tuesday, May 19th. Five investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $37.00.

Insider Activity at Figma

In other news, CRO Shaunt Voskanian sold 87,510 shares of the stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $23.01, for a total transaction of $2,013,605.10. Following the transaction, the executive owned 1,781,380 shares in the company, valued at $40,989,553.80. This trade represents a 4.68% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Praveer Melwani sold 83,974 shares of Figma stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $22.77, for a total transaction of $1,912,087.98. Following the completion of the sale, the chief financial officer directly owned 1,749,024 shares in the company, valued at $39,825,276.48. This represents a 4.58% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 694,220 shares of company stock valued at $17,023,005 in the last ninety days. 45.20% of the stock is currently owned by company insiders.

More Figma News

Here are the key news stories impacting Figma this week:

• Positive Sentiment: Citi initiated coverage with a Buy rating and a $36 price target, saying the market may be underestimating Figma’s ability to monetize AI. Citi Initiates Figma (FIG) With a Buy Rating, Here’s What You Need to Know
• Positive Sentiment: Piper Sandler reaffirmed an Overweight rating and kept a $30 price target, reinforcing the view that the stock has meaningful upside from current levels. Benzinga coverage of Piper Sandler rating
• Positive Sentiment: At Config 2026, Figma unveiled new AI-driven product capabilities, including an “Intelligent Canvas” aimed at full-stack product creation, which could support future revenue growth and help improve monetization. Figma Unveils AI-Powered ‘Intelligent Canvas’ for Full-Stack Product Creation at Config 2026

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.