Bienville Capital Management LLC Makes New $13.32 Million Investment in Figma, Inc. $FIG

Bienville Capital Management LLC purchased a new stake in Figma, Inc. (NYSE:FIG) in the 2nd quarter, HoldingsChannel reports. The fund purchased 736,590 shares of the company’s stock, valued at approximately $13,325,000. Figma accounts for approximately 1.8% of Bienville Capital Management LLC’s portfolio, making the stock its 18th biggest holding.

Several other institutional investors have also recently made changes to their positions in FIG. Greylock XIV GP LLC bought a new position in shares of Figma during the 2nd quarter worth about $1,056,824,403. SC US Ttgp LTD. increased its position in Figma by 5.8% in the 1st quarter. SC US Ttgp LTD. now owns 26,728,171 shares of the company’s stock valued at $565,034,000 after buying an additional 1,466,851 shares in the last quarter. a16z Capital Management L.L.C. acquired a new position in Figma during the 3rd quarter worth approximately $842,687,000. JPMorgan Chase & Co. raised its stake in Figma by 119.4% during the 4th quarter. JPMorgan Chase & Co. now owns 6,643,939 shares of the company’s stock worth $248,284,000 after buying an additional 3,615,198 shares during the period. Finally, Viking Global Investors LP bought a new position in Figma in the fourth quarter worth approximately $214,967,000.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. Citigroup boosted their price objective on Figma from $35.00 to $37.00 and gave the company a “buy” rating in a report on Friday, August 7th. Stifel Nicolaus set a $25.00 target price on Figma in a report on Friday, May 15th. Wells Fargo & Company reduced their price target on shares of Figma from $42.00 to $36.00 and set an “overweight” rating for the company in a research report on Friday, June 26th. Royal Bank Of Canada restated a “sector perform” rating on shares of Figma in a research note on Thursday, August 6th. Finally, Oppenheimer reaffirmed a “market perform” rating on shares of Figma in a research note on Thursday, June 25th. Four research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $32.56.

Figma Stock Down 3.2%

FIG stock opened at $22.01 on Thursday. The firm has a market capitalization of $10.02 billion and a PE ratio of -6.05. Figma, Inc. has a twelve month low of $16.60 and a twelve month high of $71.48. The stock’s 50 day moving average is $24.47 and its 200-day moving average is $22.89.

Figma (NYSE:FIG) last issued 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 for the quarter. Figma had a negative return on equity of 100.03% and a negative net margin of 123.15%.Figma’s revenue was up 48.2% on a year-over-year basis. During the same quarter last year, the business posted $0.09 earnings per share. On average, equities research analysts anticipate that Figma, Inc. will post -0.75 earnings per share for the current fiscal year.

More Figma News

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

Insider Buying and Selling

In related news, Director Daniel Rimer sold 12,475 shares of the firm’s stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $25.39, for a total transaction of $316,740.25. Following the transaction, the director directly owned 786,700 shares of the company’s stock, valued at $19,974,313. This trade represents a 1.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Tyler Herb sold 1,416 shares of the business’s stock in a transaction dated Thursday, September 3rd. The stock was sold at an average price of $26.29, for a total transaction of $37,226.64. Following the transaction, the chief accounting officer owned 249,386 shares in the company, valued at approximately $6,556,357.94. This trade represents a 0.56% decrease in their ownership of the stock. 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 1,332,269 shares of company stock valued at $34,624,827 over the last 90 days. 32.26% of the stock is currently owned by company insiders.

Figma 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.