Insider Selling: Figma (NYSE:FIG) CRO Sells $837,300.00 in Stock

Figma, Inc. (NYSE:FIG) CRO Shaunt Voskanian sold 30,000 shares of Figma stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $27.91, for a total value of $837,300.00. Following the completion of the transaction, the executive directly owned 1,698,620 shares in the company, valued at $47,408,484.20. This represents a 1.74% decrease in their ownership of the stock. The transaction was disclosed in a 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 stock was sold at an average price of $20.62, for a total transaction 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 transaction of $2,013,605.10.

Figma Trading Down 2.8%

NYSE:FIG opened at $23.29 on Friday. The firm’s fifty day simple moving average is $21.70 and its 200 day simple moving average is $22.77. Figma, Inc. has a twelve month low of $16.60 and a twelve month high of $91.00. The firm has a market capitalization of $10.60 billion and a price-to-earnings ratio of -6.40.

Figma (NYSE:FIG) last released its quarterly earnings data on Wednesday, August 5th. The company reported $0.08 EPS for the quarter, beating the consensus estimate of ($0.22) by $0.30. The company 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 revenue for the quarter was up 48.2% compared to the same quarter last year. During the same period last year, the business earned $0.09 earnings per share. On average, analysts predict that Figma, Inc. will post -0.79 earnings per share for the current year.

Wall Street Analysts Forecast Growth

FIG has been the topic of several recent research reports. Royal Bank Of Canada reissued a “sector perform” rating on shares of Figma in a research report on Thursday. Morgan Stanley set a $33.00 price objective on shares of Figma in a research report on Thursday. BTIG Research began coverage on shares of Figma in a research report on Monday, April 13th. They set a “neutral” rating on the stock. Citigroup boosted their target price on shares of Figma from $35.00 to $37.00 and gave the stock a “buy” rating in a research report on Friday. Finally, Oppenheimer reaffirmed a “market perform” rating on shares of Figma in a report on Thursday, June 25th. Five investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Figma presently has a consensus rating of “Hold” and a consensus target price of $32.22.

Figma News Summary

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Parallel Advisors LLC raised its holdings in shares of Figma by 3,890.0% during the first quarter. Parallel Advisors LLC now owns 1,197 shares of the company’s stock valued at $25,000 after buying an additional 1,167 shares during the last quarter. NewEdge Advisors LLC acquired a new stake in Figma in the third quarter worth about $26,000. DV Equities LLC acquired a new stake in Figma in the fourth quarter worth about $26,000. Concord Wealth Partners grew its position in Figma by 1,446.8% in the 4th quarter. Concord Wealth Partners now owns 727 shares of the company’s stock valued at $27,000 after buying an additional 680 shares in the last quarter. Finally, Harbour Investments Inc. grew its position in Figma by 1,568.2% in the 4th quarter. Harbour Investments Inc. now owns 734 shares of the company’s stock valued at $27,000 after buying an additional 690 shares in the last quarter.

About Figma

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.