Figma, Inc. $FIG Shares Acquired by Bank of America Corp DE

Bank of America Corp DE lifted its position in shares of Figma, Inc. (NYSE:FIG) by 428.1% in the 1st quarter, Holdings Channel.com reports. The firm owned 4,180,575 shares of the company’s stock after purchasing an additional 3,388,902 shares during the period. Bank of America Corp DE’s holdings in Figma were worth $88,377,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of FIG. Vanguard Group Inc. purchased a new position in Figma in the third quarter valued at $2,282,000. US Bancorp DE purchased a new stake in Figma during the 3rd quarter worth about $31,000. Blair William & Co. IL purchased a new stake in Figma during the 3rd quarter worth about $460,000. Banque Cantonale Vaudoise acquired a new position in shares of Figma during the 3rd quarter worth about $271,000. Finally, Franklin Resources Inc. acquired a new position in shares of Figma during the 3rd quarter worth about $9,084,000.

Figma Trading Down 2.8%

Shares of NYSE FIG opened at $23.29 on Friday. Figma, Inc. has a twelve month low of $16.60 and a twelve month high of $91.00. The stock has a 50 day moving average of $21.70 and a two-hundred day moving average of $22.77. The stock has a market cap of $10.60 billion and a P/E ratio of -6.40.

Figma (NYSE:FIG) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.08 earnings per share for the quarter, beating the consensus estimate of ($0.22) by $0.30. The business had revenue of $370.08 million during the quarter. Figma had a negative return on equity of 100.47% and a negative net margin of 123.15%.Figma’s revenue was up 48.2% compared to the same quarter last year. During the same period in the previous year, the company posted $0.09 earnings per share. As a group, research analysts predict that Figma, Inc. will post -0.79 earnings per share for the current year.

Insider Transactions at Figma

In other Figma news, CAO Tyler Herb sold 1,536 shares of the firm’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $26.00, for a total transaction of $39,936.00. Following the transaction, the chief accounting officer directly owned 257,189 shares of the company’s stock, valued at approximately $6,686,914. This trade represents a 0.59% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Praveer Melwani sold 40,000 shares of Figma stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $26.63, for a total transaction of $1,065,200.00. Following the completion of the transaction, the chief financial officer owned 1,674,544 shares in the company, valued at approximately $44,593,106.72. This represents a 2.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,675,578 shares of company stock worth $41,729,080 over the last 90 days. Company insiders own 32.26% of the company’s stock.

Trending Headlines about 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

Analyst Ratings Changes

Several brokerages have recently weighed in on FIG. BTIG Research initiated coverage on Figma in a research report on Monday, April 13th. They set a “neutral” rating on the stock. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Figma in a report on Thursday. Morgan Stanley set a $33.00 price target on shares of Figma in a research note on Thursday. JPMorgan Chase & Co. cut their price objective on shares of Figma from $45.00 to $42.00 and set a “neutral” rating on the stock in a report on Friday, May 15th. Finally, Bank of America began coverage on shares of Figma in a research report on Tuesday, July 7th. They set a “buy” rating and a $30.00 price objective for the company. Five equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $32.22.

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.