FIGS (NYSE:FIGS) Chairman Sells $464,077.05 in Stock

FIGS, Inc. (NYSE:FIGS) Chairman Heather Hasson sold 32,385 shares of the stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $14.33, for a total value of $464,077.05. Following the completion of the transaction, the chairman directly owned 1,433,807 shares in the company, valued at $20,546,454.31. This represents a 2.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

FIGS Stock Performance

Shares of FIGS stock opened at $11.67 on Friday. The stock’s 50-day simple moving average is $15.08 and its 200-day simple moving average is $12.10. The firm has a market capitalization of $1.94 billion, a PE ratio of 53.04 and a beta of 1.12. FIGS, Inc. has a fifty-two week low of $4.25 and a fifty-two week high of $17.48.

FIGS (NYSE:FIGS) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.03 earnings per share for the quarter, beating analysts’ consensus estimates of $0.01 by $0.02. The business had revenue of $159.90 million for the quarter, compared to analyst estimates of $153.15 million. FIGS had a return on equity of 9.77% and a net margin of 6.10%.FIGS’s quarterly revenue was up 28.0% compared to the same quarter last year. Sell-side analysts forecast that FIGS, Inc. will post 0.24 earnings per share for the current year.

Key FIGS News

Here are the key news stories impacting FIGS this week:

• Positive Sentiment: FIGS reported first-quarter EPS of $0.03, beating the $0.01 consensus, while revenue of $159.9 million also topped estimates and rose 28% year over year. FIGS Releases First Quarter 2026 Financial Results
• Positive Sentiment: Management raised FY2026 revenue guidance to $719.5 million-$732.1 million, above Wall Street’s estimate, signaling continued growth momentum. FIGS Releases First Quarter 2026 Financial Results
• Neutral Sentiment: FIGS also announced a long-term partnership with Noah Wyle to advocate for the healthcare workforce and address medical debt, which supports brand visibility but is unlikely to move the stock on its own. FIGS and Noah Wyle Launch Long-Term Partnership…
• Negative Sentiment: Chairman Heather Hasson and CFO Sarah Oughtred both sold shares in pre-arranged 10b5-1 transactions, which can add to investor caution around insider confidence. Heather Hasson Sells 32,385 Shares of FIGS Stock
• Negative Sentiment: Despite the earnings beat, the market has reacted negatively, suggesting investors may be worried the stock had already priced in strong results or are waiting for more proof that growth can sustain. Figs delivers impressive Q1 CY2026 but stock drops 15%

Wall Street Analysts Forecast Growth

FIGS has been the topic of several analyst reports. The Goldman Sachs Group raised FIGS from a “strong sell” rating to a “hold” rating in a report on Friday, February 27th. Weiss Ratings upgraded FIGS from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, April 29th. Morgan Stanley boosted their price objective on FIGS from $8.00 to $15.00 and gave the stock an “equal weight” rating in a research note on Monday, April 13th. Barclays upgraded FIGS from a “hold” rating to a “strong-buy” rating in a report on Friday, February 27th. Finally, Telsey Advisory Group lifted their target price on FIGS to $17.00 and gave the company a “market perform” rating in a research report on Thursday, March 12th. Two equities research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, FIGS has an average rating of “Moderate Buy” and an average price target of $15.93.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Dimensional Fund Advisors LP grew its stake in FIGS by 7.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 3,552,919 shares of the company’s stock worth $52,472,000 after purchasing an additional 257,644 shares in the last quarter. KBC Group NV purchased a new stake in shares of FIGS in the 1st quarter valued at about $3,782,000. Jennison Associates LLC lifted its holdings in shares of FIGS by 178.4% in the 1st quarter. Jennison Associates LLC now owns 1,401,214 shares of the company’s stock valued at $20,696,000 after purchasing an additional 897,935 shares during the last quarter. Financiere des Professionnels Fonds d investissement inc. purchased a new stake in shares of FIGS in the 1st quarter valued at about $878,000. Finally, Hillsdale Investment Management Inc. purchased a new stake in FIGS during the 1st quarter valued at approximately $7,028,000. 92.21% of the stock is owned by institutional investors and hedge funds.

FIGS Company Profile

FIGS, Inc operates as a direct-to-consumer designer and retailer of medical apparel and accessories. The company offers a range of products tailored to the needs of healthcare professionals, including scrub sets, lab coats, tops, bottoms, outerwear, footwear, and performance fabrics designed for comfort, durability, and antimicrobial protection. Through its e-commerce platform and a growing network of retail stores, FIGS provides customizable uniforms and accessories with a focus on innovative materials and functional design features such as four-way stretch fabrics, moisture-wicking technology, and multiple secure pockets.

Founded in 2013 by Heather Hasson and Trina Spear, FIGS set out to disrupt the traditional medical uniform market by emphasizing both form and function.