Figma (NYSE:FIG) CRO Shaunt Voskanian Sells 8,449 Shares

Figma, Inc. (NYSE:FIG) CRO Shaunt Voskanian sold 8,449 shares of the stock in a transaction on Monday, January 5th. The stock was sold at an average price of $37.24, for a total value of $314,640.76. Following the sale, the executive owned 1,592,563 shares of the company’s stock, valued at approximately $59,307,046.12. This represents a 0.53% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link.

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

• On Friday, January 2nd, Shaunt Voskanian sold 3,933 shares of Figma stock. The shares were sold at an average price of $37.21, for a total value of $146,346.93.
• On Wednesday, December 3rd, Shaunt Voskanian sold 6,305 shares of Figma stock. The stock was sold at an average price of $36.68, for a total value of $231,267.40.
• On Monday, December 1st, Shaunt Voskanian sold 6,076 shares of Figma stock. The stock was sold at an average price of $35.45, for a total value of $215,394.20.
• On Monday, November 10th, Shaunt Voskanian sold 403,335 shares of Figma stock. The shares were sold at an average price of $43.39, for a total value of $17,500,705.65.
• On Monday, November 3rd, Shaunt Voskanian sold 26,741 shares of Figma stock. The shares were sold at an average price of $48.17, for a total value of $1,288,113.97.

Figma Stock Up 0.8%

NYSE:FIG opened at $37.38 on Wednesday. The firm has a market capitalization of $15.55 billion and a P/E ratio of -13.95. The stock has a 50 day moving average price of $39.32. Figma, Inc. has a 52 week low of $32.83 and a 52 week high of $142.92.

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

Trending Headlines about 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

Institutional Trading of Figma

Several hedge funds have recently added to or reduced their stakes in FIG. Whittier Trust Co. of Nevada Inc. acquired a new stake in Figma in the 3rd quarter valued at approximately $26,000. NewEdge Advisors LLC bought a new stake in shares of Figma in the third quarter valued at approximately $26,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Figma in the third quarter worth $27,000. Sunbelt Securities Inc. bought a new position in Figma during the third quarter worth $30,000. Finally, US Bancorp DE acquired a new position in Figma during the 3rd quarter valued at $31,000.

Analyst Upgrades and Downgrades

Several research firms have commented on FIG. Weiss Ratings reissued a “sell (e+)” rating on shares of Figma in a research report on Monday, December 29th. Royal Bank Of Canada lowered their price objective on Figma from $65.00 to $38.00 and set a “sector perform” rating on the stock in a report on Monday. JPMorgan Chase & Co. cut their price objective on Figma from $65.00 to $60.00 and set a “neutral” rating on the stock in a research note on Thursday, November 6th. Wells Fargo & Company decreased their target price on Figma from $70.00 to $52.00 and set an “equal weight” rating for the company in a research report on Wednesday, November 5th. Finally, Piper Sandler dropped their price target on shares of Figma from $85.00 to $70.00 and set an “overweight” rating on the stock in a research report on Thursday, November 6th. Three research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $59.00.

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.