Tyler Herb Sells 709 Shares of Figma (NYSE:FIG) Stock

Figma, Inc. (NYSE:FIG) CAO Tyler Herb sold 709 shares of the company’s stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $26.00, for a total transaction of $18,434.00. Following the completion of the transaction, the chief accounting officer owned 256,480 shares of the company’s stock, valued at $6,668,480. This trade represents a 0.28% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Monday, August 3rd, Tyler Herb sold 1,536 shares of Figma stock. The shares were sold at an average price of $26.00, for a total value of $39,936.00.
• On Monday, June 1st, Tyler Herb sold 1,850 shares of Figma stock. The stock was sold at an average price of $26.40, for a total value of $48,840.00.
• On Monday, May 18th, Tyler Herb sold 669 shares of Figma stock. The shares were sold at an average price of $23.79, for a total value of $15,915.51.

Figma Stock Down 14.9%

Shares of NYSE FIG traded down $4.21 during trading hours on Thursday, reaching $23.94. 53,281,217 shares of the stock traded hands, compared to its average volume of 18,263,311. The company’s 50-day simple moving average is $21.74 and its two-hundred day simple moving average is $22.80. The company has a market capitalization of $10.67 billion and a P/E ratio of -6.98. Figma, Inc. has a 52-week low of $16.60 and a 52-week high of $91.00.

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

Institutional Trading of Figma

Institutional investors have recently modified their holdings of the company. a16z Capital Management L.L.C. bought a new position in Figma during the 3rd quarter valued at approximately $842,687,000. Viking Global Investors LP bought a new stake in shares of Figma in the 4th quarter worth approximately $214,967,000. Durable Capital Partners LP purchased a new position in shares of Figma during the third quarter valued at approximately $278,510,000. Thrive Capital Management LLC bought a new position in shares of Figma during the third quarter valued at approximately $228,034,000. Finally, Cosmic Management LLC bought a new position in shares of Figma during the fourth quarter valued at approximately $151,535,000.

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. JPMorgan Chase & Co. cut their price target on shares of Figma from $45.00 to $42.00 and set a “neutral” rating for the company in a research report on Friday, May 15th. Bank of America initiated coverage on Figma in a research note on Tuesday, July 7th. They issued a “buy” rating and a $30.00 target price for the company. Stifel Nicolaus set a $25.00 target price on Figma in a report on Friday, May 15th. Wells Fargo & Company reduced their price target on Figma from $42.00 to $36.00 and set an “overweight” rating on the stock in a research report on Friday, June 26th. Finally, Oppenheimer reaffirmed a “market perform” rating on shares of Figma in a research note on Thursday, June 25th. Five equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $32.00.

Trending Headlines about 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

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.