Figma (NYSE:FIG) CRO Shaunt Voskanian Sells 30,000 Shares

Figma, Inc. (NYSE:FIG) CRO Shaunt Voskanian sold 30,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $27.91, for a total value of $837,300.00. Following the completion of the transaction, the executive owned 1,698,620 shares in the company, valued at $47,408,484.20. The trade was a 1.74% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Tuesday, August 4th, Shaunt Voskanian sold 12,825 shares of Figma stock. The stock was sold at an average price of $26.63, for a total value of $341,529.75.
• On Monday, July 6th, Shaunt Voskanian sold 8,629 shares of Figma stock. The shares were sold at an average price of $20.62, for a total value of $177,929.98.
• On Wednesday, June 3rd, Shaunt Voskanian sold 87,510 shares of Figma stock. The shares were sold at an average price of $23.01, for a total value of $2,013,605.10.

Figma Price Performance

Shares of NYSE FIG traded down $4.21 during mid-day trading on Thursday, reaching $23.94. 53,261,194 shares of the company’s stock were exchanged, compared to its average volume of 18,263,311. The firm has a 50-day moving average price of $21.74 and a two-hundred day moving average price of $22.80. The firm has a market capitalization of $10.67 billion and a price-to-earnings ratio of -6.98. Figma, Inc. has a 52 week low of $16.60 and a 52 week high of $91.00.

Figma (NYSE:FIG) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.22) by $0.30. The business had revenue of $370.08 million during the quarter. Figma had a negative net margin of 123.83% and a negative return on equity of 98.51%. The business’s quarterly revenue was up 48.2% on a year-over-year basis. During the same quarter last year, the business posted $0.09 EPS. As a group, sell-side analysts forecast that Figma, Inc. will post -0.79 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on FIG. Citigroup reduced their price objective on Figma from $36.00 to $35.00 and set a “buy” rating for the company in a report on Friday, July 24th. Weiss Ratings restated a “sell (e+)” rating on shares of Figma in a research note on Tuesday, May 19th. BTIG Research started coverage on Figma in a research report on Monday, April 13th. They set a “neutral” rating on the stock. Stifel Nicolaus set a $25.00 price target on Figma in a research note on Friday, May 15th. Finally, Morgan Stanley set a $33.00 price target on shares of Figma in a research report on Thursday. Five research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Figma presently has a consensus rating of “Hold” and an average target price of $32.00.

More Figma News

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, while adjusted earnings of $0.08 per share exceeded consensus expectations. Management also cited strong demand and growing adoption of AI-enabled products. Figma Announces Second Quarter 2026 Financial Results
• Positive Sentiment: The company issued third-quarter revenue guidance of $373 million to $375 million, above the roughly $362 million analyst estimate, and expects full-year fiscal 2026 revenue of approximately $1.463 billion to $1.467 billion. Figma anticipates FY2026 revenue while leaning into AI investment
• Neutral Sentiment: Figma’s finance chief said AI credits helped accelerate usage and revenue, suggesting the company is beginning to monetize AI demand; however, the strategy remains dependent on converting increased consumption into sustainable profits. Figma CFO explains AI credits and revenue growth
• Negative Sentiment: Investors reacted negatively to rising AI-related infrastructure and operating costs. Figma said it is investing heavily in AI and hiring fewer employees because of productivity gains, but Wall Street remains concerned that these expenses will pressure margins and delay meaningful profitability. Figma Q2 earnings and AI costs
• Negative Sentiment: The selloff occurred on unusually heavy volume, indicating broad investor disappointment despite the earnings beat and guidance increase. Figma continues to report substantial losses, including a negative net margin, making investors especially sensitive to expanding costs.
• Neutral Sentiment: CEO Dylan Field forfeited approximately $46 million in stock after the share decline, while a separate chief accounting officer sale was conducted under a pre-arranged Rule 10b5-1 plan to cover tax withholding; neither transaction necessarily signals a change in management’s outlook. Figma CEO forfeits stock

Hedge Funds Weigh In On Figma

Several hedge funds have recently bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. boosted its holdings in Figma by 69.3% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 285,055 shares of the company’s stock valued at $10,653,000 after purchasing an additional 116,681 shares during the period. Amova Asset Management Americas Inc. increased its holdings in shares of Figma by 641.4% in the 1st quarter. Amova Asset Management Americas Inc. now owns 1,467,887 shares of the company’s stock worth $31,031,000 after buying an additional 1,269,900 shares during the last quarter. Baillie Gifford & Co. raised its position in shares of Figma by 93.8% during the 4th quarter. Baillie Gifford & Co. now owns 5,763,613 shares of the company’s stock valued at $215,386,000 after buying an additional 2,789,986 shares in the last quarter. Freestone Capital Holdings LLC bought a new stake in shares of Figma during the 4th quarter worth $10,297,000. Finally, Ieq Capital LLC increased its stake in Figma by 1,670.9% in the fourth quarter. Ieq Capital LLC now owns 973,880 shares of the company’s stock valued at $36,394,000 after acquiring an additional 918,886 shares during the last quarter.

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.