Tyler Herb Sells 669 Shares of Figma (NYSE:FIG) Stock

Figma, Inc. (NYSE:FIG) CAO Tyler Herb sold 669 shares of Figma stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $23.79, for a total transaction of $15,915.51. Following the sale, the chief accounting officer directly owned 266,824 shares in the company, valued at $6,347,742.96. This trade represents a 0.25% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Tuesday, March 3rd, Tyler Herb sold 1,678 shares of Figma stock. The shares were sold at an average price of $28.47, for a total transaction of $47,772.66.
• On Thursday, February 26th, Tyler Herb sold 1,492 shares of Figma stock. The shares were sold at an average price of $32.00, for a total transaction of $47,744.00.
• On Thursday, February 19th, Tyler Herb sold 1,492 shares of Figma stock. The shares were sold at an average price of $26.00, for a total transaction of $38,792.00.

Figma Trading Down 4.6%

Shares of Figma stock opened at $21.55 on Friday. The firm has a market capitalization of $9.60 billion and a PE ratio of -6.28. The firm’s 50 day moving average is $21.04 and its 200 day moving average is $29.05. Figma, Inc. has a 1 year low of $16.60 and a 1 year high of $142.92.

Figma (NYSE:FIG) last announced its quarterly earnings results on Thursday, May 14th. The company reported $0.10 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.17) by $0.27. Figma had a negative net margin of 123.83% and a negative return on equity of 98.51%. The company had revenue of $333.44 million for the quarter. The firm’s revenue was up 46.1% on a year-over-year basis. As a group, research analysts anticipate that Figma, Inc. will post -0.69 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Gladstone Capital Management LLP raised its position in shares of Figma by 2.9% in the 4th quarter. Gladstone Capital Management LLP now owns 17,081 shares of the company’s stock worth $638,000 after acquiring an additional 481 shares in the last quarter. Whittier Trust Co. of Nevada Inc. bought a new position in shares of Figma in the 3rd quarter worth about $26,000. NewEdge Advisors LLC bought a new position in shares of Figma in the 3rd quarter worth about $26,000. Wilmington Savings Fund Society FSB bought a new position in shares of Figma in the 3rd quarter worth about $27,000. Finally, Charles Schwab Investment Management Inc. raised its position in shares of Figma by 3.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 15,212 shares of the company’s stock worth $568,000 after acquiring an additional 559 shares in the last quarter.

Key Headlines Impacting Figma

Here are the key news stories impacting Figma this week:

• Positive Sentiment: Figma has been highlighted in a bullish contrarian note as an overlooked AI-related growth stock, which could support investor interest if the market rotates back toward high-growth software names. Article Title
• Positive Sentiment: Recent product updates show Figma pushing AI deeper into its design workflow, including an AI assistant/agent embedded in the collaborative canvas, which may strengthen its platform appeal and long-term growth narrative. Article Title
• Neutral Sentiment: Several insider sales were executed under Rule 10b5-1 plans, suggesting the trades were pre-scheduled rather than a direct statement on near-term business conditions.
• Negative Sentiment: CTO Kris Rasmussen sold 327,046 shares, and General Counsel Brendan Mulligan sold 18,741 shares, adding to the recent stream of insider selling and potentially pressuring sentiment around the stock. Article Title
• Negative Sentiment: CAO Tyler Herb also sold shares earlier in the week, reinforcing the impression that insiders have been trimming positions while the stock remains well below its 200-day average.

Analyst Ratings Changes

FIG has been the topic of a number of research reports. Weiss Ratings reissued a “sell (e+)” rating on shares of Figma in a report on Tuesday. JPMorgan Chase & Co. reduced their target price on shares of Figma from $45.00 to $42.00 and set a “neutral” rating on the stock in a report on Friday, May 15th. Oppenheimer initiated coverage on shares of Figma in a report on Wednesday, March 25th. They set a “market perform” rating on the stock. Wells Fargo & Company reduced their target price on shares of Figma from $52.00 to $42.00 and set an “overweight” rating on the stock in a report on Thursday, February 19th. Finally, Wall Street Zen raised shares of Figma from a “sell” rating to a “hold” rating in a report on Sunday, February 8th. Four 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 company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $38.63.

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.