Insider Selling: Figma (NYSE:FIG) CRO Sells $341,529.75 in Stock

Figma, Inc. (NYSE:FIG) CRO Shaunt Voskanian sold 12,825 shares of the stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $26.63, for a total value of $341,529.75. Following the completion of the transaction, the executive directly owned 1,728,620 shares of the company’s stock, valued at $46,033,150.60. This trade represents a 0.74% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Wednesday, August 5th, Shaunt Voskanian sold 30,000 shares of Figma stock. The shares were sold at an average price of $27.91, for a total value of $837,300.00.
• On Monday, July 6th, Shaunt Voskanian sold 8,629 shares of Figma stock. The stock was sold at an average price of $20.62, for a total value of $177,929.98.
• On Wednesday, June 3rd, Shaunt Voskanian sold 87,510 shares of Figma stock. The stock was sold at an average price of $23.01, for a total value of $2,013,605.10.

Figma Price Performance

Shares of NYSE FIG traded down $4.21 during midday trading on Thursday, reaching $23.94. 53,281,217 shares of the company traded hands, compared to its average volume of 18,263,311. The company has a market cap of $10.67 billion and a price-to-earnings ratio of -6.98. The stock has a 50-day moving average price of $21.74 and a 200 day moving average price of $22.80. Figma, Inc. has a 52 week low of $16.60 and a 52 week high of $91.00.

Figma (NYSE:FIG) last released its earnings results on Wednesday, August 5th. The company reported $0.08 EPS for the quarter, beating the consensus estimate of ($0.22) by $0.30. Figma had a negative net margin of 123.83% and a negative return on equity of 98.51%. The firm had revenue of $370.08 million for the quarter. During the same period in the previous year, the business posted $0.09 EPS. The firm’s quarterly revenue was up 48.2% on a year-over-year basis. As a group, analysts expect that Figma, Inc. will post -0.79 EPS for the current year.

Institutional Trading of Figma

Several large investors have recently added to or reduced their stakes in FIG. Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of Figma by 69.3% in the 4th 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 during the last quarter. Amova Asset Management Americas Inc. increased its position in Figma by 641.4% during the first quarter. Amova Asset Management Americas Inc. now owns 1,467,887 shares of the company’s stock worth $31,031,000 after buying an additional 1,269,900 shares during the last quarter. Baillie Gifford & Co. increased its position in Figma by 93.8% during the fourth 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 during the last quarter. Freestone Capital Holdings LLC bought a new position in Figma during the fourth quarter valued at about $10,297,000. Finally, Ieq Capital LLC lifted its position in shares of Figma by 1,670.9% in the fourth quarter. Ieq Capital LLC now owns 973,880 shares of the company’s stock worth $36,394,000 after buying an additional 918,886 shares during the last quarter.

Analyst Ratings Changes

A number of research firms have weighed in on FIG. Wells Fargo & Company cut their target price on Figma from $42.00 to $36.00 and set an “overweight” rating for the company in a research report on Friday, June 26th. Morgan Stanley set a $33.00 target price on Figma in a research note on Thursday. Piper Sandler reiterated an “overweight” rating and issued a $30.00 price target on shares of Figma in a research report on Thursday, June 25th. Oppenheimer restated a “market perform” rating on shares of Figma in a research report on Thursday, June 25th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Figma from $45.00 to $42.00 and set a “neutral” rating on the stock in a research note on Friday, May 15th. Five investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Figma presently has a consensus rating of “Hold” and an average price target of $32.00.

Key Headlines Impacting Figma

Here are the key news stories impacting Figma this week:

• Positive Sentiment: Figma reported second-quarter revenue of $370.1 million, up 48.2% year over year, while adjusted earnings of $0.08 per share exceeded consensus expectations. Management also cited strong demand and growing adoption of AI-enabled products. Figma Announces Second Quarter 2026 Financial Results
• Positive Sentiment: The company issued third-quarter revenue guidance of $373 million to $375 million, above the roughly $362 million analyst estimate, and expects full-year fiscal 2026 revenue of approximately $1.463 billion to $1.467 billion. Figma anticipates FY2026 revenue while leaning into AI investment
• Neutral Sentiment: Figma’s finance chief said AI credits helped accelerate usage and revenue, suggesting the company is beginning to monetize AI demand; however, the strategy remains dependent on converting increased consumption into sustainable profits. Figma CFO explains AI credits and revenue growth
• Negative Sentiment: Investors reacted negatively to rising AI-related infrastructure and operating costs. Figma said it is investing heavily in AI and hiring fewer employees because of productivity gains, but Wall Street remains concerned that these expenses will pressure margins and delay meaningful profitability. Figma Q2 earnings and AI costs
• Negative Sentiment: The selloff occurred on unusually heavy volume, indicating broad investor disappointment despite the earnings beat and guidance increase. Figma continues to report substantial losses, including a negative net margin, making investors especially sensitive to expanding costs.
• Neutral Sentiment: CEO Dylan Field forfeited approximately $46 million in stock after the share decline, while a separate chief accounting officer sale was conducted under a pre-arranged Rule 10b5-1 plan to cover tax withholding; neither transaction necessarily signals a change in management’s outlook. Figma CEO forfeits stock

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.