Figma (NYSE:FIG) CAO Tyler Herb Sells 2,408 Shares of Stock

Figma, Inc. (NYSE:FIG) CAO Tyler Herb sold 2,408 shares of Figma stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $37.21, for a total transaction of $89,601.68. Following the transaction, the chief accounting officer directly owned 200,998 shares in the company, valued at $7,479,135.58. This represents a 1.18% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Tyler Herb also recently made the following trade(s):

• On Monday, January 5th, Tyler Herb sold 2,840 shares of Figma stock. The shares were sold at an average price of $37.15, for a total transaction of $105,506.00.
• On Wednesday, December 3rd, Tyler Herb sold 2,310 shares of Figma stock. The shares were sold at an average price of $36.60, for a total transaction of $84,546.00.
• On Monday, December 1st, Tyler Herb sold 3,073 shares of Figma stock. The stock was sold at an average price of $35.45, for a total transaction of $108,937.85.
• On Monday, November 17th, Tyler Herb sold 757 shares of Figma stock. The stock was sold at an average price of $38.21, for a total transaction of $28,924.97.
• On Monday, November 10th, Tyler Herb sold 43,357 shares of Figma stock. The shares were sold at an average price of $43.93, for a total transaction of $1,904,673.01.
• On Monday, November 3rd, Tyler Herb sold 3,133 shares of Figma stock. The stock was sold at an average price of $48.17, for a total transaction of $150,916.61.

Figma Price Performance

Shares of NYSE FIG opened at $37.38 on Wednesday. Figma, Inc. has a twelve month low of $32.83 and a twelve month high of $142.92. The business has a 50 day simple moving average of $39.32. The stock has a market cap of $15.55 billion and a P/E ratio of -13.95.

Figma (NYSE:FIG) last issued its quarterly earnings results on Wednesday, November 5th. The company reported $0.10 EPS for the quarter, beating analysts’ consensus estimates of ($1.56) by $1.66. Figma had a negative return on equity of 84.34% and a negative net margin of 99.32%.The company had revenue of $274.17 million during the quarter. During the same period in the previous year, the business posted $0.04 earnings per share. The business’s revenue was up 38.0% compared to the same quarter last year.

Institutional Investors Weigh In On Figma

Several institutional investors have recently added to or reduced their stakes in FIG. Voya Investment Management LLC bought a new position in Figma during the third quarter worth about $3,412,000. VERITY Wealth Advisors purchased a new stake in shares of Figma during the 3rd quarter valued at approximately $519,000. Tripletail Wealth Management LLC purchased a new stake in shares of Figma during the 3rd quarter valued at approximately $53,000. Renaissance Capital LLC bought a new position in Figma in the 3rd quarter worth approximately $2,439,000. Finally, SOA Wealth Advisors LLC. purchased a new position in Figma in the 3rd quarter valued at approximately $39,000.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Wells Fargo & Company cut their price target on shares of Figma from $70.00 to $52.00 and set an “equal weight” rating on the stock in a report on Wednesday, November 5th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Figma in a research report on Monday, December 29th. The Goldman Sachs Group boosted their target price on shares of Figma from $49.00 to $54.00 and gave the company a “neutral” rating in a research note on Friday, November 7th. Piper Sandler reduced their target price on shares of Figma from $85.00 to $70.00 and set an “overweight” rating for the company in a research report on Thursday, November 6th. Finally, JPMorgan Chase & Co. lowered their price target on shares of Figma from $65.00 to $60.00 and set a “neutral” rating on the stock in a report on Thursday, November 6th. Three equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Figma currently has an average rating of “Hold” and a consensus price target of $59.00.

Key Headlines Impacting Figma

Here are the key news stories impacting Figma this week:

• Neutral Sentiment: Analyst/valuation coverage: a Yahoo Finance piece examines Figma’s valuation as shares retreat and user narratives diverge — useful context for investors reassessing growth vs. profitability expectations. Assessing Figma (FIG) Valuation As Shares Retreat And User Narratives Diverge
• Neutral Sentiment: Product visibility: a how-to tutorial on Figma scrollbar animation is circulating (MSN), reflecting continued user engagement and ecosystem activity but unlikely to move the stock materially. Figma tutorial: Easy scrollbar animation step by step
• Negative Sentiment: Price-target cut: RBC Capital lowered its Figma price target to $38 from $65, signaling reduced analyst confidence in near‑term upside and likely contributing to weaker sentiment among growth investors. Figma price target lowered to $38 from $65 at RBC Capital
• Negative Sentiment: Insider selling: multiple senior executives (CTO Kris Rasmussen, CFO Praveer Melwani, CRO Shaunt Voskanian, General Counsel Brendan Mulligan, CAO Tyler Herb) disclosed large open‑market sales in early January — the CTO sold ~181k shares (~$6.75M) and other officers sold smaller positions around $37 per share. Heavy insider sales can signal liquidity needs or portfolio diversification and often weigh on short‑term sentiment. (SEC filings) CTO Form 4 filing

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.