178,203 Shares in Figma, Inc. $FIG Purchased by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of Figma, Inc. (NYSE:FIG) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 178,203 shares of the company’s stock, valued at approximately $3,746,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Parallel Advisors LLC increased its position in Figma by 3,890.0% in the first quarter. Parallel Advisors LLC now owns 1,197 shares of the company’s stock worth $25,000 after purchasing an additional 1,167 shares during the last quarter. Sunbelt Securities Inc. raised its stake in Figma by 287.0% during the first quarter. Sunbelt Securities Inc. now owns 2,225 shares of the company’s stock valued at $47,000 after purchasing an additional 1,650 shares in the last quarter. Atlantic Private Wealth LLC bought a new position in Figma during the first quarter valued at $74,000. IFP Advisors Inc lifted its position in Figma by 176.1% during the second quarter. IFP Advisors Inc now owns 4,327 shares of the company’s stock valued at $78,000 after purchasing an additional 2,760 shares during the last quarter. Finally, Valeo Financial Advisors LLC purchased a new position in shares of Figma in the 2nd quarter worth $203,000.

Figma Trading Up 1.9%

Shares of FIG stock traded up $0.35 during trading hours on Friday, reaching $18.79. 12,577,394 shares of the stock were exchanged, compared to its average volume of 10,043,809. Figma, Inc. has a 12-month low of $16.60 and a 12-month high of $45.42. The company’s 50-day moving average price is $22.62 and its 200-day moving average price is $22.96. The firm has a market capitalization of $8.55 billion, a price-to-earnings ratio of -17.56 and a beta of 1.17.

Figma (NYSE:FIG) last posted its quarterly earnings data on Wednesday, November 4th. The company reported $0.10 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.22) by $0.32. Figma had a negative net margin of 123.15% and a negative return on equity of 100.03%. The company had revenue of $391.42 million for the quarter. During the same period last year, the company earned $0.10 earnings per share. The business’s revenue for the quarter was up 42.8% compared to the same quarter last year. On average, sell-side analysts expect that Figma, Inc. will post -0.75 EPS for the current year.

Figma News Roundup

Here are the key news stories impacting Figma this week:

• Positive Sentiment: Q3 revenue rose 42.8% year over year to $391.4 million, while adjusted earnings of $0.10 per share beat estimates. Figma also raised its 2026 revenue outlook to $1.497 billion–$1.499 billion and forecast Q4 revenue of $402 million–$404 million. Figma Q3 earnings report
• Positive Sentiment: Figma said repricing AI credits increased user utilization by 40%. Its plans to monetize AI features and develop an in-house design model could create additional growth opportunities. Figma earnings takeaways
• Neutral Sentiment: Figma’s CAO and general counsel reported share sales under pre-arranged Rule 10b5-1 plans. Both retained substantial holdings, limiting the significance of the sales as a standalone signal. Figma insider transactions
• Negative Sentiment: Despite the earnings beat and improved guidance, investors are concerned that building and delivering AI features could be costly and pressure margins as Figma invests for long-term growth. Investor concerns about AI costs
• Negative Sentiment: JPMorgan and RBC lowered their price targets to $24 and maintained neutral or sector-perform ratings, reinforcing a cautious view after the results. JPMorgan analyst update

Insider Buying and Selling at Figma

In other news, major shareholder Ventures Vi (Jersey) Lp Index sold 12,475 shares of the stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $25.39, for a total value of $316,740.25. Following the sale, the insider directly owned 786,700 shares in the company, valued at approximately $19,974,313. This represents a 1.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, General Counsel Brendan Mulligan sold 211,599 shares of the firm’s stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $29.79, for a total value of $6,303,534.21. Following the sale, the general counsel directly owned 727,952 shares of the company’s stock, valued at $21,685,690.08. This represents a 22.52% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 406,002 shares of company stock valued at $11,128,663. 32.26% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. Oppenheimer restated a “market perform” rating on shares of Figma in a report on Thursday. Wells Fargo & Company lowered their price target on shares of Figma from $34.00 to $30.00 and set an “overweight” rating for the company in a report on Monday, October 12th. Bank of America lifted their price target on Figma from $30.00 to $33.00 and gave the stock a “buy” rating in a research report on Wednesday, August 19th. Morgan Stanley set a $33.00 price objective on Figma in a research report on Thursday, August 6th. Finally, Telsey Advisory Group began coverage on Figma in a research note on Monday, November 2nd. They issued a “hold” rating for the company. Four investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $28.80.

About Figma

Figma, Inc (NYSE: FIG) develops collaborative software for designing digital products and user experiences. Its browser-based platform enables teams to create, prototype, review and manage designs in real time, supporting collaboration among designers, developers, product managers and other stakeholders.

The company’s product portfolio includes Figma Design, a collaborative interface-design and prototyping tool; FigJam, an online whiteboard for brainstorming and planning; and Dev Mode, which helps developers inspect designs and translate them into software.