Praveer Melwani Sells 40,000 Shares of Figma (NYSE:FIG) Stock

Figma, Inc. (NYSE:FIG) CFO Praveer Melwani sold 40,000 shares of the stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $26.63, for a total value of $1,065,200.00. Following the sale, the chief financial officer owned 1,674,544 shares of the company’s stock, valued at approximately $44,593,106.72. This represents a 2.33% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. 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 value 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 value of $623,820.80.
• On Wednesday, June 3rd, Praveer Melwani sold 83,974 shares of Figma stock. The stock was sold at an average price of $22.77, for a total value of $1,912,087.98.

Figma Price Performance

Shares of Figma stock opened at $23.29 on Friday. The firm has a market cap of $10.60 billion and a price-to-earnings ratio of -6.40. Figma, Inc. has a 52-week low of $16.60 and a 52-week high of $91.00. The stock has a 50-day simple moving average of $21.70 and a 200-day simple moving average of $22.77.

Figma (NYSE:FIG) last released its quarterly earnings data on Wednesday, August 5th. The company reported $0.08 EPS for the quarter, topping analysts’ consensus estimates of ($0.22) by $0.30. The firm had revenue of $370.08 million for the quarter. Figma had a negative return on equity of 100.47% and a negative net margin of 123.15%.The company’s quarterly revenue was up 48.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.09 EPS. As a group, equities research analysts predict that Figma, Inc. will post -0.79 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Fluent Financial LLC bought a new position in Figma in the 2nd quarter worth $765,000. Valeo Financial Advisors LLC bought a new stake in Figma during the second quarter valued at about $203,000. Parallel Advisors LLC grew its position in shares of Figma by 3,890.0% in the first quarter. Parallel Advisors LLC now owns 1,197 shares of the company’s stock valued at $25,000 after purchasing an additional 1,167 shares during the last quarter. J. Derek Lewis & Associates Inc. grew its position in shares of Figma by 58.6% in the first quarter. J. Derek Lewis & Associates Inc. now owns 20,300 shares of the company’s stock valued at $429,000 after purchasing an additional 7,500 shares during the last quarter. Finally, Bank of America Corp DE increased its stake in shares of Figma by 428.1% in the first quarter. Bank of America Corp DE now owns 4,180,575 shares of the company’s stock worth $88,377,000 after purchasing an additional 3,388,902 shares during the period.

Key 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, 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

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on FIG shares. BTIG Research began coverage on shares of Figma in a research note on Monday, April 13th. They issued a “neutral” rating for the company. Piper Sandler restated an “overweight” rating and set a $30.00 target price on shares of Figma in a report on Thursday, June 25th. Oppenheimer reaffirmed a “market perform” rating on shares of Figma in a research report on Thursday, June 25th. Stifel Nicolaus set a $25.00 price target on Figma in a research note on Friday, May 15th. Finally, JPMorgan Chase & Co. lowered their price objective on Figma from $45.00 to $42.00 and set a “neutral” rating on the stock in a report on Friday, May 15th. 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 a consensus rating of “Hold” and an average price target of $32.22.

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.