Insider Selling: Figma (NYSE:FIG) CRO Sells $256,620.00 in Stock

Figma, Inc. (NYSE:FIGGet Free Report) CRO Shaunt Voskanian sold 8,554 shares of the firm’s stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $30.00, for a total transaction of $256,620.00. Following the sale, the executive owned 1,580,181 shares of the company’s stock, valued at approximately $47,405,430. This represents a 0.54% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Shaunt Voskanian also recently made the following trade(s):

  • On Monday, February 2nd, Shaunt Voskanian sold 3,828 shares of Figma stock. The shares were sold at an average price of $24.86, for a total transaction of $95,164.08.
  • On Monday, January 5th, Shaunt Voskanian sold 8,449 shares of Figma stock. The stock was sold at an average price of $37.24, for a total transaction of $314,640.76.
  • On Friday, January 2nd, Shaunt Voskanian sold 3,933 shares of Figma stock. The stock was sold at an average price of $37.21, for a total value of $146,346.93.
  • On Wednesday, December 3rd, Shaunt Voskanian sold 6,305 shares of Figma stock. The shares were sold at an average price of $36.68, for a total value of $231,267.40.
  • On Monday, December 1st, Shaunt Voskanian sold 6,076 shares of Figma stock. The stock was sold at an average price of $35.45, for a total value of $215,394.20.

Figma Price Performance

Shares of NYSE FIG opened at $29.39 on Monday. The firm has a market cap of $12.96 billion and a price-to-earnings ratio of -9.42. The stock’s fifty day moving average price is $30.10 and its two-hundred day moving average price is $44.26. Figma, Inc. has a one year low of $19.85 and a one year high of $142.92.

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

Hedge Funds Weigh In On Figma

A number of institutional investors have recently modified their holdings of FIG. Gladstone Capital Management LLP lifted its position in shares of Figma by 2.9% during the 4th quarter. Gladstone Capital Management LLP now owns 17,081 shares of the company’s stock worth $638,000 after buying an additional 481 shares during the last quarter. Whittier Trust Co. of Nevada Inc. bought a new position in shares of Figma in the third quarter worth about $26,000. NewEdge Advisors LLC acquired a new stake in shares of Figma in the 3rd quarter valued at approximately $26,000. Wilmington Savings Fund Society FSB acquired a new position in Figma during the 3rd quarter worth approximately $27,000. Finally, Charles Schwab Investment Management Inc. lifted its stake in Figma by 3.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 15,212 shares of the company’s stock valued at $568,000 after purchasing an additional 559 shares during the last quarter.

Figma News Roundup

Here are the key news stories impacting Figma this week:

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. The Goldman Sachs Group set a $35.00 price target on shares of Figma in a research report on Thursday, February 19th. Wells Fargo & Company lowered their price objective on Figma from $52.00 to $42.00 and set an “overweight” rating on the stock in a research note on Thursday, February 19th. JPMorgan Chase & Co. dropped their price objective on Figma from $65.00 to $60.00 and set a “neutral” rating for the company in a report on Thursday, November 6th. Wall Street Zen raised Figma from a “sell” rating to a “hold” rating in a report on Sunday, February 8th. Finally, Morgan Stanley set a $44.00 price target on Figma in a research report on Thursday, February 19th. Four analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $43.25.

Check Out Our Latest Research Report on FIG

Figma Company Profile

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Figma (NYSE:FIG)

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