Insider Selling: Figma (NYSE:FIG) CFO Sells $1,065,200.00 in Stock

Figma, Inc. (NYSE:FIG) CFO Praveer Melwani sold 40,000 shares of the company’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $26.63, for a total transaction of $1,065,200.00. Following the completion of the transaction, the chief financial officer owned 1,674,544 shares of the company’s stock, valued at approximately $44,593,106.72. The trade was a 2.33% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Praveer Melwani also recently made the following trade(s):

• On Wednesday, July 29th, Praveer Melwani sold 381,288 shares of Figma stock. The shares were sold at an average price of $25.13, for a total transaction of $9,581,767.44.
• On Monday, July 6th, Praveer Melwani sold 30,460 shares of Figma stock. The stock was sold at an average price of $20.48, for a total transaction of $623,820.80.
• On Wednesday, June 3rd, Praveer Melwani sold 83,974 shares of Figma stock. The shares were sold at an average price of $22.77, for a total transaction of $1,912,087.98.

Figma Price Performance

NYSE FIG opened at $23.29 on Friday. The company has a fifty day moving average of $21.70 and a two-hundred day moving average of $22.77. The company has a market capitalization of $10.60 billion and a PE ratio of -6.40. Figma, Inc. has a 1 year low of $16.60 and a 1 year high of $91.00.

Figma (NYSE:FIG) last posted its 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 return on equity of 100.47% and a negative net margin of 123.15%.The business had revenue of $370.08 million for the quarter. During the same quarter last year, the firm posted $0.09 EPS. The firm’s revenue for the quarter was up 48.2% on a year-over-year basis. On average, research analysts expect that Figma, Inc. will post -0.79 earnings per share for the current year.

Analyst Ratings Changes

FIG has been the subject of several research analyst reports. Bank of America assumed coverage on Figma in a report on Tuesday, July 7th. They issued a “buy” rating and a $30.00 price objective for the company. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Figma in a report on Thursday. Piper Sandler reiterated an “overweight” rating and issued a $30.00 price target on shares of Figma in a research report on Thursday, June 25th. JPMorgan Chase & Co. decreased their price target on shares of Figma from $45.00 to $42.00 and set a “neutral” rating for the company in a research note on Friday, May 15th. Finally, Weiss Ratings restated a “sell (e+)” rating on shares of Figma in a research note on Tuesday, May 19th. Five research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $32.22.

Figma News Summary

Here are the key news stories impacting Figma this week:

• Positive Sentiment: Figma reported second-quarter revenue of $370.1 million, up 48.2% year over year, and adjusted earnings of $0.08 per share, exceeding expectations. Net dollar retention reached 136%, indicating strong customer expansion and platform engagement. Figma second-quarter earnings
• Positive Sentiment: Management raised its fiscal 2026 revenue outlook to approximately $1.463 billion-$1.467 billion and expects third-quarter revenue of $373 million-$375 million. AI-powered features and credit monetization are viewed by bullish analysts as potential drivers of additional growth and customer usage. Figma fiscal 2026 outlook
• Neutral Sentiment: Several executives, including the CFO, CTO, CRO and CAO, sold shares under pre-arranged Rule 10b5-1 trading plans. Because the sales represented relatively small portions of their remaining holdings and were scheduled transactions, they provide limited insight into management’s current outlook. Figma insider transactions
• Negative Sentiment: The primary pressure on the stock is Figma’s aggressive AI investment. Higher AI-related costs and gross margin of about 85%, down from the prior year, are raising concerns about near-term profitability and operating leverage. Investors are also wary of decelerating revenue growth, possible AI disruption to Figma’s core design market and executive departures. These concerns led some analysts to downgrade the shares despite the earnings beat. Figma AI costs and margins

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. Greylock XIV GP LLC purchased a new stake in shares of Figma during the second quarter worth approximately $1,056,824,403,000. a16z Capital Management L.L.C. purchased a new position in Figma in the 3rd quarter valued at $842,687,000. Viking Global Investors LP acquired a new position in Figma in the 4th quarter valued at $214,967,000. Durable Capital Partners LP acquired a new position in Figma in the 3rd quarter valued at $278,510,000. Finally, Thrive Capital Management LLC purchased a new position in Figma during the 3rd quarter worth $228,034,000.

About Figma

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.