Shaunt Voskanian Sells 8,629 Shares of Figma (NYSE:FIG) Stock

Figma, Inc. (NYSE:FIG) CRO Shaunt Voskanian sold 8,629 shares of the firm’s stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $20.62, for a total transaction of $177,929.98. Following the completion of the transaction, the executive directly owned 1,764,672 shares in the company, valued at $36,387,536.64. This represents a 0.49% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through 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 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 Stock Performance

FIG stock opened at $22.31 on Friday. The stock has a market capitalization of $9.94 billion and a price-to-earnings ratio of -6.51. The stock’s fifty day moving average is $20.70 and its two-hundred day moving average is $24.59. Figma, Inc. has a 1 year low of $16.60 and a 1 year high of $142.92.

Figma (NYSE:FIG) last posted its earnings results on Thursday, May 14th. The company reported $0.10 EPS for the quarter, topping the consensus estimate of ($0.17) by $0.27. The firm had revenue of $333.44 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 revenue for the quarter was up 46.1% on a year-over-year basis. As a group, analysts predict that Figma, Inc. will post -0.8 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on FIG shares. Citigroup started coverage on Figma in a research report on Wednesday, June 17th. They issued a “buy” rating and a $36.00 target price for the company. BTIG Research began coverage on shares of Figma in a report on Monday, April 13th. They issued a “neutral” rating for the company. Oppenheimer reaffirmed a “market perform” rating on shares of Figma in a research report on Thursday, June 25th. Royal Bank Of Canada lowered their price objective on shares of Figma from $28.00 to $22.00 and set a “sector perform” rating on the stock in a research report on Thursday, June 25th. Finally, Stifel Nicolaus set a $25.00 target price on Figma in a research note on Friday, May 15th. Five equities 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.com, the company presently has a consensus rating of “Hold” and a consensus price target of $32.67.

Institutional Trading of Figma

Several institutional investors have recently modified their holdings of the company. ICONIQ Capital LLC acquired a new stake in Figma during the third quarter worth $1,108,879,000. a16z Capital Management L.L.C. bought a new stake in shares of Figma during the third quarter worth $842,687,000. Viking Global Investors LP acquired a new stake in Figma in the 4th quarter valued at about $214,967,000. Durable Capital Partners LP acquired a new stake in shares of Figma in the third quarter valued at approximately $278,510,000. Finally, Thrive Capital Management LLC acquired a new stake in shares of Figma in the 3rd quarter valued at $228,034,000.

More Figma News

Here are the key news stories impacting Figma this week:

• Positive Sentiment: Bank of America reinstated coverage on Figma with a Buy rating and a $30 price target, saying AI could strengthen Figma’s competitive position and create new revenue opportunities. CNBC analyst calls article
• Positive Sentiment: Multiple reports echoed the bullish BofA view, with some analysts arguing Figma may be a better AI bet than Adobe, helping support sentiment after June’s pullback. Why Figma is a better AI bet than Adobe
• Positive Sentiment: Figma’s recent buying activity around AI and product innovation suggests management is leaning into growth opportunities, including the acquisition of the team behind a vibe-coding app. Figma Buys Bud AI App-Builder Team, Shuts Platform This Month
• Neutral Sentiment: The company’s CRO sold shares in a pre-arranged 10b5-1 plan, which is worth watching but does not necessarily signal concern about operations. CRO Shaunt Voskanian sale details
• Negative Sentiment: Figma also disclosed CFO share sales under a 10b5-1 plan, and insider selling can weigh on investor sentiment even when it is preplanned. CFO Praveer Melwani sale details
• Negative Sentiment: Traders are also contending with a softer risk backdrop and technical pressure near the 200-day moving average, which has contributed to choppiness in the stock. Figma Stock Battles 200-Day Moving Average

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.