Tyler Herb Sells 1,416 Shares of Figma (NYSE:FIG) Stock

Figma, Inc. (NYSE:FIG) CAO Tyler Herb sold 1,416 shares of Figma stock in a transaction on Thursday, September 3rd. The stock was sold at an average price of $26.29, for a total value of $37,226.64. Following the sale, the chief accounting officer owned 249,386 shares in the company, valued at $6,556,357.94. The trade was a 0.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Thursday, August 27th, Tyler Herb sold 2,000 shares of Figma stock. The shares were sold at an average price of $30.00, for a total transaction of $60,000.00.
• On Friday, August 21st, Tyler Herb sold 1,840 shares of Figma stock. The stock was sold at an average price of $27.14, for a total transaction of $49,937.60.
• On Tuesday, August 4th, Tyler Herb sold 709 shares of Figma stock. The stock was sold at an average price of $26.00, for a total transaction of $18,434.00.
• On Monday, August 3rd, Tyler Herb sold 1,536 shares of Figma stock. The shares were sold at an average price of $26.00, for a total transaction of $39,936.00.

Figma Stock Down 3.2%

Figma stock opened at $22.01 on Thursday. Figma, Inc. has a twelve month low of $16.60 and a twelve month high of $71.48. The firm has a 50 day moving average price of $24.47 and a 200-day moving average price of $22.89. The company has a market capitalization of $10.02 billion and a P/E ratio of -6.05.

Figma (NYSE:FIG) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.08 EPS for the quarter, topping analysts’ consensus estimates of ($0.22) by $0.30. Figma had a negative net margin of 123.15% and a negative return on equity of 100.03%. The company had revenue of $370.08 million for the quarter. During the same period last year, the firm posted $0.09 EPS. The company’s revenue for the quarter was up 48.2% compared to the same quarter last year. Equities analysts expect that Figma, Inc. will post -0.75 EPS for the current fiscal year.

Trending Headlines about Figma

Here are the key news stories impacting Figma this week:

• Positive Sentiment: Brokerages have set an average price target of $32.56, implying potential upside from recent trading levels. However, the consensus rating remains “Hold,” with four Buy ratings, eight Holds and one Sell rating. Brokerages Set Figma Target Price at $32.56
• Neutral Sentiment: Figma presented at the Goldman Sachs Communacopia + Technology Conference, giving investors additional information on its strategy and business outlook, though no specific major catalyst was identified in the provided coverage. Figma Goldman Sachs Conference Transcript
• Negative Sentiment: Adobe is inviting Figma users to test a new artificial-intelligence design tool. The move raises concerns that Adobe could use its broader creative-software ecosystem and AI capabilities to challenge Figma’s core design and collaboration products. Adobe Inviting Figma Users to Test a New AI Design Tool
• Negative Sentiment: Recent commentary highlighted the risk that Adobe’s free AI-enabled design offerings may pull users away from Figma, reinforcing worries about customer retention and competitive pricing pressure. Free Adobe Tool Competition
• Negative Sentiment: Figma’s general counsel sold 109,106 shares worth approximately $2.83 million, while Chief Accounting Officer Tyler Herb sold 1,416 shares worth about $37,227. Both transactions were conducted under pre-arranged Rule 10b5-1 plans, which reduces their significance but may still weigh on sentiment. Figma Insider Stock Sales
• Negative Sentiment: A recent rating downgrade cited a valuation that may assume too much optimism despite Figma’s growth, adding to concerns over its negative net margin and expected full-year loss. Figma Rating Downgrade

Hedge Funds Weigh In On Figma

Several hedge funds have recently made changes to their positions in FIG. Vanguard Group Inc. purchased a new stake in Figma during the 3rd quarter worth about $2,282,000. US Bancorp DE purchased a new position in Figma during the 3rd quarter valued at about $31,000. Blair William & Co. IL bought a new stake in shares of Figma during the third quarter valued at about $460,000. Banque Cantonale Vaudoise purchased a new stake in shares of Figma in the third quarter worth about $271,000. Finally, Franklin Resources Inc. purchased a new stake in shares of Figma in the third quarter worth about $9,084,000.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on FIG shares. Piper Sandler reaffirmed an “overweight” rating and set a $30.00 price target on shares of Figma in a research report on Thursday, June 25th. Bank of America lifted their price objective on Figma from $30.00 to $33.00 and gave the stock a “buy” rating in a report on Wednesday, August 19th. Wells Fargo & Company dropped their price objective on shares of Figma from $42.00 to $36.00 and set an “overweight” rating on the stock in a report on Friday, June 26th. Citigroup increased their target price on shares of Figma from $35.00 to $37.00 and gave the stock a “buy” rating in a research report on Friday, August 7th. Finally, Morgan Stanley set a $33.00 target price on shares of Figma in a research note on Thursday, August 6th. Four analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Figma currently has an average rating of “Hold” and an average price target of $32.56.

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.