Figma (NYSE:FIG) Director Buys $14,351,267.70 in Stock

Figma, Inc. (NYSE:FIG) Director Andrew Phillips Reed acquired 554,103 shares of the company’s stock in a transaction that occurred on Friday, February 20th. The stock was acquired at an average price of $25.90 per share, with a total value of $14,351,267.70. Following the acquisition, the director owned 554,103 shares in the company, valued at $14,351,267.70. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Andrew Phillips Reed also recently made the following trade(s):

• On Monday, February 23rd, Andrew Phillips Reed bought 912,749 shares of Figma stock. The shares were acquired at an average price of $24.30 per share, for a total transaction of $22,179,800.70.

Figma Trading Up 10.7%

FIG traded up $2.66 during trading on Tuesday, reaching $27.41. 23,356,562 shares of the company’s stock were exchanged, compared to its average volume of 14,767,780. Figma, Inc. has a one year low of $19.85 and a one year high of $142.92. The firm has a fifty day moving average price of $30.72 and a two-hundred day moving average price of $45.75. The stock has a market capitalization of $12.09 billion and a PE ratio of -8.79.

Figma (NYSE:FIG) last issued its quarterly earnings results on Wednesday, February 18th. The company reported $0.08 EPS for the quarter, topping analysts’ consensus estimates of ($0.20) by $0.28. Figma had a negative net margin of 121.87% and a negative return on equity of 97.03%. The company had revenue of $303.78 million for the quarter. The company’s revenue was up 40.1% compared to the same quarter last year.

Institutional Investors Weigh In On Figma

Large investors have recently bought and sold shares of the stock. Voya Investment Management LLC bought a new stake in Figma in the third quarter valued at $3,412,000. VERITY Wealth Advisors bought a new stake in Figma in the 3rd quarter valued at about $519,000. Tripletail Wealth Management LLC acquired a new position in Figma during the 3rd quarter worth approximately $53,000. Renaissance Capital LLC bought a new position in Figma in the third quarter worth approximately $2,439,000. Finally, SOA Wealth Advisors LLC. bought a new stake in shares of Figma during the third quarter valued at approximately $39,000.

Key Figma News

Here are the key news stories impacting Figma this week:

• Positive Sentiment: Large institutional buying — ARK Invest (Cathie Wood) purchased roughly $11.8M of FIG, a visible vote of confidence that can lift demand and sentiment for the shares. This is the most immediate catalyst supporting the stock’s rise. Why Figma Stock Popped Today Cathie Wood Is Buying DoorDash Stock…
• Positive Sentiment: Recent earnings beat and strong revenue growth — Figma reported an EPS beat and ~40% YoY revenue growth on Feb. 18, evidence that growth is intact and giving investors confidence in the company’s path to monetization and scale. Figma Stock Profile & Earnings
• Neutral Sentiment: AI pricing and product monetization under scrutiny — New AI pricing puts usage, churn risk and valuation into sharper focus; if pricing balances revenue per user and adoption it’s positive, but heavy usage or sticker shock could pressure retention. Investors are parsing the details to update revenue and margin models. Figma’s New AI Pricing Puts Usage And Valuation In Sharper Focus
• Negative Sentiment: Insider selling by senior executives — General Counsel Brendan Mulligan (and CAO Tyler Herb) disclosed recent sales of shares; while the sizes are modest relative to holdings, repeated sales can concern investors about near-term conviction and add supply into the market. SEC filing link provided. Insider Selling Disclosure
• Negative Sentiment: Analyst target cuts and mixed broker views — Several firms trimmed price targets and some ratings remain cautious, which can cap upside until Figma proves sustained margin improvement or clearer AI monetization. Consensus remains a “Hold.” Analyst Notes on FIG

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on FIG shares. Stifel Nicolaus lowered their price objective on Figma from $40.00 to $30.00 and set a “hold” rating for the company in a research report on Thursday, February 19th. Piper Sandler restated an “overweight” rating and set a $35.00 price target on shares of Figma in a report on Thursday, February 19th. The Goldman Sachs Group set a $35.00 price target on shares of Figma in a research report on Thursday, February 19th. Morgan Stanley set a $44.00 price objective on shares of Figma in a research report on Thursday, February 19th. Finally, JPMorgan Chase & Co. cut their price target on shares of Figma from $65.00 to $60.00 and set a “neutral” rating on the stock in a research report on Thursday, November 6th. Four equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $43.25.

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.