69,286 Shares in Figma, Inc. $FIG Purchased by IQ EQ FUND MANAGEMENT IRELAND Ltd

IQ EQ FUND MANAGEMENT IRELAND Ltd bought a new stake in shares of Figma, Inc. (NYSE:FIG) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 69,286 shares of the company’s stock, valued at approximately $3,594,000.

Other large investors have also modified their holdings of the company. Baillie Gifford & Co. purchased a new position in Figma during the third quarter worth approximately $154,242,000. Sumitomo Mitsui Trust Group Inc. purchased a new stake in Figma in the 3rd quarter worth $11,075,000. Mirae Asset Global Investments Co. Ltd. purchased a new stake in Figma in the 3rd quarter worth $8,734,000. SG Americas Securities LLC acquired a new position in Figma during the third quarter worth $5,815,000. Finally, Rakuten Investment Management Inc. purchased a new position in Figma during the third quarter valued at $4,425,000.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the stock. Stifel Nicolaus started coverage on shares of Figma in a research note on Wednesday, January 7th. They set a “hold” rating and a $40.00 target price for the company. 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, January 5th. Weiss Ratings reissued a “sell (e+)” rating on shares of Figma in a report on Monday, December 29th. Wells Fargo & Company upgraded Figma from an “equal weight” rating to an “overweight” rating and set a $52.00 price target for the company in a research report on Thursday, January 8th. Finally, Wall Street Zen cut shares of Figma from a “hold” rating to a “sell” rating in a research note on Saturday, January 31st. Four investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $47.75.

Insider Activity at Figma

In other Figma news, CTO Kris Rasmussen sold 272,789 shares of the business’s stock in a transaction that occurred on Monday, November 10th. The stock was sold at an average price of $43.47, for a total value of $11,858,137.83. Following the sale, the chief technology officer owned 11,121,558 shares of the company’s stock, valued at $483,454,126.26. The trade was a 2.39% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, General Counsel Brendan Mulligan sold 80,934 shares of Figma stock in a transaction on Monday, November 10th. The shares were sold at an average price of $43.47, for a total value of $3,518,200.98. Following the completion of the sale, the general counsel directly owned 913,181 shares of the company’s stock, valued at $39,695,978.07. The trade was a 8.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 5,485,041 shares of company stock worth $205,471,438. 45.20% of the stock is owned by corporate insiders.

Figma Stock Down 1.5%

NYSE:FIG opened at $22.17 on Friday. The company has a 50-day moving average price of $34.04. The firm has a market cap of $9.22 billion and a price-to-earnings ratio of -8.27. Figma, Inc. has a 1-year low of $19.85 and a 1-year high of $142.92.

Figma (NYSE:FIG) last released its quarterly earnings data 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 firm had revenue of $274.17 million for the quarter. During the same quarter in the prior year, the company posted $0.04 earnings per share. The company’s revenue was up 38.0% on a year-over-year basis.

Key Stories Impacting Figma

Here are the key news stories impacting Figma this week:

• Positive Sentiment: Retail dip-buying is creating short-term demand as some individual investors view Figma’s sell-off as a buying opportunity, which can provide temporary support. MSN story
• Positive Sentiment: Macro commentary from industry leaders (Nvidia’s CEO saying AI will augment rather than replace software) is a tailwind for SaaS platforms like Figma and supports the argument that platform vendors can capture AI value. Fool article
• Positive Sentiment: Fundamentals: Figma previously reported revenue growth and an EPS beat in its last quarter (revenue up ~38%), which remains a positive underpinning if growth execution continues. MarketBeat earnings summary
• Neutral Sentiment: Product strategy: Figma is embedding AI (project “Weave”) into the product — a potential long-term differentiator, but investors are waiting for measurable adoption and financial impact before repricing. Yahoo Finance
• Neutral Sentiment: Analyst repositioning and mixed coverage: Several firms have trimmed targets or adjusted coverage, which raises short-term volatility but doesn’t reflect unanimous sell-side consensus. Watch for further revisions. UK Finance/Yahoo
• Negative Sentiment: Clustered insider selling: Multiple senior executives (CFO, CTO, GC, CRO, CAO) disclosed sales on Feb. 2, including large blocks from the CTO and CFO — markets often read clustered executive sales as a near‑term negative for confidence. InsiderTrades alert
• Negative Sentiment: Valuation pressure and competitive AI headwinds: Target cuts and commentary about Alphabet/Google’s AI push have increased sector-wide valuation stress for design/productivity tools, weighing on FIG’s multiple. 247WallStreet

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.