SG Americas Securities LLC raised its holdings in shares of Figma, Inc. (NYSE:FIG – Free Report) by 230.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 497,551 shares of the company’s stock after acquiring an additional 346,928 shares during the period. SG Americas Securities LLC owned approximately 0.11% of Figma worth $10,518,000 as of its most recent SEC filing.
A number of other institutional investors also recently added to or reduced their stakes in the business. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of Figma by 69.3% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 285,055 shares of the company’s stock valued at $10,653,000 after purchasing an additional 116,681 shares in the last quarter. Freestone Capital Holdings LLC acquired a new position in Figma during the 4th quarter valued at about $10,297,000. Baillie Gifford & Co. raised its position in shares of Figma by 93.8% during the 4th quarter. Baillie Gifford & Co. now owns 5,763,613 shares of the company’s stock worth $215,386,000 after buying an additional 2,789,986 shares in the last quarter. Sands Capital Management LLC acquired a new stake in shares of Figma in the 3rd quarter worth approximately $11,762,000. Finally, Ieq Capital LLC lifted its stake in shares of Figma by 1,670.9% in the 4th quarter. Ieq Capital LLC now owns 973,880 shares of the company’s stock worth $36,394,000 after acquiring an additional 918,886 shares during the period.
Figma News Roundup
Here are the key news stories impacting Figma this week:
- Positive Sentiment: Citi initiated coverage with a Buy rating and a $36 price target, saying the market may be underestimating Figma’s ability to monetize AI. Citi Initiates Figma (FIG) With a Buy Rating, Here’s What You Need to Know
- Positive Sentiment: Piper Sandler reaffirmed an Overweight rating and kept a $30 price target, reinforcing the view that the stock has meaningful upside from current levels. Benzinga coverage of Piper Sandler rating
- Positive Sentiment: At Config 2026, Figma unveiled new AI-driven product capabilities, including an “Intelligent Canvas” aimed at full-stack product creation, which could support future revenue growth and help improve monetization. Figma Unveils AI-Powered ‘Intelligent Canvas’ for Full-Stack Product Creation at Config 2026
Insider Activity at Figma
Figma Price Performance
FIG stock opened at $18.58 on Friday. The firm has a market cap of $8.28 billion and a PE ratio of -5.42. Figma, Inc. has a 12 month low of $16.60 and a 12 month high of $142.92. The firm has a 50 day simple moving average of $20.28 and a 200 day simple moving average of $25.74.
Figma (NYSE:FIG – Get Free Report) last posted its quarterly earnings results on Thursday, May 14th. The company reported $0.10 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.17) by $0.27. The firm had revenue of $333.44 million for the quarter. Figma had a negative net margin of 123.83% and a negative return on equity of 98.51%. The business’s revenue for the quarter was up 46.1% compared to the same quarter last year. As a group, sell-side analysts expect that Figma, Inc. will post -0.78 earnings per share for the current year.
Analyst Ratings Changes
A number of research firms recently commented on FIG. Weiss Ratings reiterated a “sell (e+)” rating on shares of Figma in a research note on Tuesday, May 19th. Stifel Nicolaus set a $25.00 target price on Figma in a research report on Friday, May 15th. Citigroup started coverage on Figma in a research report on Wednesday, June 17th. They set a “buy” rating and a $36.00 price target on the stock. Oppenheimer reissued a “market perform” rating on shares of Figma in a research note on Thursday. Finally, Piper Sandler restated an “overweight” rating and issued a $30.00 price objective on shares of Figma in a report on Thursday. Five research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $37.00.
Read Our Latest Report on Figma
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.
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