Insider Buying: Figma (NYSE:FIG) Director Buys 912,749 Shares of Stock

Figma, Inc. (NYSE:FIG) Director Andrew Phillips Reed bought 912,749 shares of the business’s stock in a transaction on Monday, February 23rd. The shares were acquired at an average price of $24.30 per share, with a total value of $22,179,800.70. Following the transaction, the director owned 1,466,852 shares of the company’s stock, valued at $35,644,503.60. The trade was a 164.73% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Andrew Phillips Reed also recently made the following trade(s):

• On Friday, February 20th, Andrew Phillips Reed purchased 554,103 shares of Figma stock. The stock was acquired at an average cost of $25.90 per share, for a total transaction of $14,351,267.70.

Figma Stock Up 10.7%

Shares of FIG traded up $2.66 during mid-day trading on Tuesday, reaching $27.41. 23,356,562 shares of the company’s stock were exchanged, compared to its average volume of 14,767,780. The company has a 50-day simple moving average of $30.72 and a two-hundred day simple moving average of $45.75. Figma, Inc. has a 52-week low of $19.85 and a 52-week high of $142.92. The company has a market cap of $12.09 billion and a price-to-earnings ratio of -8.79.

Figma (NYSE:FIG) last posted its earnings results on Wednesday, February 18th. The company reported $0.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.20) by $0.28. The firm had revenue of $303.78 million for the quarter. Figma had a negative return on equity of 97.03% and a negative net margin of 121.87%.The firm’s quarterly revenue was up 40.1% on a year-over-year basis.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Voya Investment Management LLC purchased a new stake in Figma during the third quarter valued at about $3,412,000. VERITY Wealth Advisors acquired a new position in shares of Figma in the 3rd quarter valued at about $519,000. Tripletail Wealth Management LLC purchased a new stake in shares of Figma during the 3rd quarter worth about $53,000. Renaissance Capital LLC acquired a new stake in Figma during the 3rd quarter worth approximately $2,439,000. Finally, SOA Wealth Advisors LLC. purchased a new position in Figma in the third quarter valued at approximately $39,000.

Trending Headlines about Figma

Here are the key news stories impacting Figma this week:

• Positive Sentiment: Large institutional buying — ARK Invest (Cathie Wood) purchased roughly $11.8M of FIG, a visible vote of confidence that can lift demand and sentiment for the shares. This is the most immediate catalyst supporting the stock’s rise. Why Figma Stock Popped Today Cathie Wood Is Buying DoorDash Stock…
• Positive Sentiment: Recent earnings beat and strong revenue growth — Figma reported an EPS beat and ~40% YoY revenue growth on Feb. 18, evidence that growth is intact and giving investors confidence in the company’s path to monetization and scale. Figma Stock Profile & Earnings
• Neutral Sentiment: AI pricing and product monetization under scrutiny — New AI pricing puts usage, churn risk and valuation into sharper focus; if pricing balances revenue per user and adoption it’s positive, but heavy usage or sticker shock could pressure retention. Investors are parsing the details to update revenue and margin models. Figma’s New AI Pricing Puts Usage And Valuation In Sharper Focus
• Negative Sentiment: Insider selling by senior executives — General Counsel Brendan Mulligan (and CAO Tyler Herb) disclosed recent sales of shares; while the sizes are modest relative to holdings, repeated sales can concern investors about near-term conviction and add supply into the market. SEC filing link provided. Insider Selling Disclosure
• Negative Sentiment: Analyst target cuts and mixed broker views — Several firms trimmed price targets and some ratings remain cautious, which can cap upside until Figma proves sustained margin improvement or clearer AI monetization. Consensus remains a “Hold.” Analyst Notes on FIG

Wall Street Analysts Forecast Growth

A number of analysts recently commented on FIG shares. Royal Bank Of Canada dropped their price objective on Figma from $38.00 to $31.00 and set a “sector perform” rating for the company in a research report on Thursday, February 19th. Stifel Nicolaus decreased their price target on shares of Figma from $40.00 to $30.00 and set a “hold” rating on the stock in a research note on Thursday, February 19th. JPMorgan Chase & Co. cut their price objective on shares of Figma from $65.00 to $60.00 and set a “neutral” rating for the company in a research report on Thursday, November 6th. The Goldman Sachs Group set a $35.00 price objective on shares of Figma in a research note on Thursday, February 19th. Finally, Piper Sandler reaffirmed an “overweight” rating and issued a $35.00 target price on shares of Figma in a research note on Thursday, February 19th. Four analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $43.25.

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.