911,342 Shares in Figma, Inc. $FIG Acquired by Compound Planning Inc.

Compound Planning Inc. bought a new stake in shares of Figma, Inc. (NYSE:FIG) during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 911,342 shares of the company’s stock, valued at approximately $34,057,000. Figma comprises about 1.0% of Compound Planning Inc.’s holdings, making the stock its 24th biggest position.

Several other hedge funds also recently bought and sold shares of the stock. Gladstone Capital Management LLP raised its holdings in shares of Figma by 2.9% in the fourth quarter. Gladstone Capital Management LLP now owns 17,081 shares of the company’s stock worth $638,000 after acquiring an additional 481 shares during the last quarter. NewEdge Advisors LLC purchased a new stake in shares of Figma in the third quarter valued at $26,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Figma during the third quarter valued at $27,000. Charles Schwab Investment Management Inc. boosted its stake in shares of Figma by 3.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 15,212 shares of the company’s stock valued at $568,000 after acquiring an additional 559 shares during the last quarter. Finally, Sunbelt Securities Inc. purchased a new stake in Figma during the 3rd quarter worth about $30,000.

Key Figma News

Here are the key news stories impacting Figma this week:

• Positive Sentiment: Citi launched coverage on Figma with a Buy/High-risk call and a $36 target, arguing that the company’s AI monetization opportunity is becoming clearer. Citi initiates bullish coverage on figma stock as the ai monetization story takes shape
• Positive Sentiment: Several reports note FIG rose after the Citi initiation, suggesting the upgrade is the main catalyst behind the recent rebound. Stocks making the biggest moves midday: SpaceX, JPMorgan, UniQure, Intel, Figma, Nano Nuclear & more
• Neutral Sentiment: CEO Dylan Field’s comments about AI enthusiasm in Silicon Valley reinforce the market’s focus on Figma’s positioning in the AI ecosystem, but they do not appear to be a direct business update. The Figma CEO Says AI Is Making Silicon Valley’s Billionaires Feel Like Kids Again

Wall Street Analyst Weigh In

FIG has been the topic of a number of recent research reports. Morgan Stanley reduced their target price on shares of Figma from $44.00 to $38.00 and set an “equal weight” rating on the stock in a report on Friday, May 15th. Oppenheimer assumed coverage on shares of Figma in a report on Wednesday, March 25th. They set a “market perform” rating for the company. Piper Sandler reissued an “overweight” rating and issued a $30.00 price objective (down from $35.00) on shares of Figma in a research report on Friday, May 15th. Citigroup began coverage on shares of Figma in a research note on Wednesday. They set a “buy” rating and a $36.00 price objective on the stock. Finally, The Goldman Sachs Group set a $35.00 target price on shares of Figma in a research report on Thursday, February 19th. Five research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Figma presently has an average rating of “Hold” and an average price target of $38.33.

Insider Buying and Selling at Figma

In related news, CAO Tyler Herb sold 1,850 shares of Figma stock in a transaction on Monday, June 1st. The stock was sold at an average price of $26.40, for a total value of $48,840.00. Following the transaction, the chief accounting officer owned 263,435 shares in the company, valued at approximately $6,954,684. This trade represents a 0.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through 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, CRO Shaunt Voskanian sold 87,510 shares of the company’s stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $23.01, for a total value of $2,013,605.10. Following the sale, the executive owned 1,781,380 shares of the company’s stock, valued at $40,989,553.80. This represents a 4.68% 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. Over the last quarter, insiders sold 694,220 shares of company stock worth $17,023,005. 45.20% of the stock is currently owned by company insiders.

Figma Stock Performance

Shares of FIG stock opened at $18.88 on Friday. Figma, Inc. has a one year low of $16.60 and a one year high of $142.92. The company has a 50 day moving average price of $20.37 and a 200 day moving average price of $26.45. The firm has a market capitalization of $8.41 billion and a price-to-earnings ratio of -5.50.

Figma (NYSE:FIG) last posted its quarterly earnings results on Thursday, May 14th. The company reported $0.10 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.17) by $0.27. The company had revenue of $333.44 million for the quarter. Figma had a negative net margin of 123.83% and a negative return on equity of 98.51%. The firm’s quarterly revenue was up 46.1% compared to the same quarter last year. As a group, equities analysts forecast that Figma, Inc. will post -0.78 EPS for the current fiscal year.

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.