Figma (NYSE:FIG) CAO Tyler Herb Sells 1,107 Shares of Stock

Figma, Inc. (NYSE:FIG) CAO Tyler Herb sold 1,107 shares of the business’s stock in a transaction dated Tuesday, November 3rd. The shares were sold at an average price of $21.26, for a total value of $23,534.82. Following the completion of the sale, the chief accounting officer owned 242,151 shares in the company, valued at $5,148,130.26. This represents a 0.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Tyler Herb also recently made the following trade(s):

• On Monday, October 5th, Tyler Herb sold 1,418 shares of Figma stock. The stock was sold at an average price of $21.62, for a total transaction of $30,657.16.
• On Thursday, September 3rd, Tyler Herb sold 1,416 shares of Figma stock. The stock was sold at an average price of $26.29, for a total transaction of $37,226.64.
• On Thursday, August 27th, Tyler Herb sold 2,000 shares of Figma stock. The shares were sold at an average price of $30.00, for a total transaction of $60,000.00.
• On Friday, August 21st, Tyler Herb sold 1,840 shares of Figma stock. The shares were sold at an average price of $27.14, for a total transaction of $49,937.60.

Figma Trading Down 17.0%

Shares of FIG stock traded down $3.75 during trading on Thursday, reaching $18.38. 30,090,367 shares of the company’s stock traded hands, compared to its average volume of 16,811,639. The company has a market capitalization of $8.36 billion, a P/E ratio of -5.05 and a beta of 1.17. The firm’s 50-day moving average is $23.03 and its 200 day moving average is $23.06. Figma, Inc. has a 1 year low of $16.60 and a 1 year high of $46.79.

Figma (NYSE:FIG) last released its quarterly earnings data on Wednesday, November 4th. The company reported $0.10 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.22) by $0.32. Figma had a negative net margin of 123.15% and a negative return on equity of 100.03%. The business had revenue of $391.42 million during the quarter. During the same quarter in the prior year, the firm posted $0.10 earnings per share. The firm’s quarterly revenue was up 42.8% on a year-over-year basis. As a group, sell-side analysts predict that Figma, Inc. will post -0.75 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have recently weighed in on FIG. KeyCorp started coverage on Figma in a research report on Monday, September 14th. They issued a “sector weight” rating for the company. Oppenheimer reissued a “market perform” rating on shares of Figma in a report on Thursday. Royal Bank Of Canada cut their target price on Figma from $28.00 to $24.00 and set a “sector perform” rating for the company in a research note on Thursday. Rothschild & Co Redburn initiated coverage on Figma in a research note on Monday. They issued a “neutral” rating and a $23.00 target price for the company. Finally, Citigroup reduced their target price on Figma from $37.00 to $35.00 and set a “buy” rating for the company in a report on Wednesday, October 28th. Four analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $30.70.

Figma News Summary

Here are the key news stories impacting Figma this week:

• Positive Sentiment: Third-quarter revenue rose 43% year over year to about $391 million, and earnings per share of $0.10 topped estimates. Figma also raised its 2026 revenue outlook to $1.497 billion–$1.499 billion and forecast fourth-quarter revenue of $402 million–$404 million. Figma outlook
• Positive Sentiment: Figma says repricing AI credit add-ons increased user utilization by 40%. Monetizing AI features and developing an in-house design model could support future growth and improve margins. Reuters report on AI credits and in-house model
• Neutral Sentiment: Royal Bank of Canada lowered its price target to $24 from $28 and maintained a “sector perform” rating. The revised target remains above the share price cited in the report. Royal Bank of Canada rating
• Negative Sentiment: Despite the earnings beat and higher guidance, investors are concerned that AI models and agents are expensive to build and operate. The near-term cost of these investments may weigh on profitability before the benefits are fully realized. MarketWatch on AI costs and investor concerns

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in FIG. Torrey Growth & Income Advisors raised its position in shares of Figma by 1.3% in the third quarter. Torrey Growth & Income Advisors now owns 105,781 shares of the company’s stock worth $2,238,000 after buying an additional 1,355 shares in the last quarter. Fulcrum Asset Management LLP bought a new stake in Figma during the third quarter valued at $2,510,000. Allspring Global Investments Holdings LLC purchased a new position in Figma during the third quarter worth about $215,000. J. Derek Lewis & Associates Inc. purchased a new position in Figma during the third quarter worth about $238,000. Finally, Pictet Asset Management Holding SA grew its position in Figma by 26,445.4% during the third quarter. Pictet Asset Management Holding SA now owns 3,072,370 shares of the company’s stock worth $64,581,000 after buying an additional 3,060,796 shares in the last quarter.

About Figma

Figma, Inc (NYSE: FIG) develops collaborative software for designing digital products and user experiences. Its browser-based platform enables teams to create, prototype, review and manage designs in real time, supporting collaboration among designers, developers, product managers and other stakeholders.

The company’s product portfolio includes Figma Design, a collaborative interface-design and prototyping tool; FigJam, an online whiteboard for brainstorming and planning; and Dev Mode, which helps developers inspect designs and translate them into software.