Kris Rasmussen Sells 14,252 Shares of Figma (NYSE:FIG) Stock

Figma, Inc. (NYSE:FIG) CTO Kris Rasmussen sold 14,252 shares of the firm’s stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $37.21, for a total transaction of $530,316.92. Following the completion of the transaction, the chief technology officer directly owned 10,879,993 shares in the company, valued at $404,844,539.53. This trade represents a 0.13% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Kris Rasmussen also recently made the following trade(s):

• On Monday, January 5th, Kris Rasmussen sold 181,345 shares of Figma stock. The stock was sold at an average price of $37.25, for a total transaction of $6,755,101.25.
• On Wednesday, December 3rd, Kris Rasmussen sold 177,387 shares of Figma stock. The shares were sold at an average price of $36.71, for a total transaction of $6,511,876.77.
• On Monday, December 1st, Kris Rasmussen sold 18,211 shares of Figma stock. The shares were sold at an average price of $35.45, for a total value of $645,579.95.
• On Wednesday, November 12th, Kris Rasmussen sold 31,715 shares of Figma stock. The stock was sold at an average price of $45.03, for a total value of $1,428,126.45.
• On Monday, November 10th, Kris Rasmussen sold 272,789 shares of Figma stock. The shares were sold at an average price of $43.47, for a total value of $11,858,137.83.
• On Monday, November 3rd, Kris Rasmussen sold 73,738 shares of Figma stock. The shares were sold at an average price of $48.17, for a total value of $3,551,959.46.

Figma Stock Up 0.8%

NYSE FIG traded up $0.31 on Tuesday, reaching $37.38. The company had a trading volume of 4,971,489 shares, compared to its average volume of 5,852,425. The business has a fifty day moving average price of $39.61. Figma, Inc. has a 52-week low of $32.83 and a 52-week high of $142.92. The stock has a market capitalization of $15.55 billion and a PE ratio of -13.95.

Figma (NYSE:FIG) last posted its quarterly earnings data on Wednesday, November 5th. The company reported $0.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($1.56) by $1.66. The firm had revenue of $274.17 million for the quarter. Figma had a negative net margin of 99.32% and a negative return on equity of 84.34%. Figma’s revenue was up 38.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.04 earnings per share.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. Royal Bank Of Canada cut their target price on Figma from $65.00 to $38.00 and set a “sector perform” rating on the stock in a research note on Monday. Weiss Ratings restated a “sell (e+)” rating on shares of Figma in a research note on Monday, December 29th. Piper Sandler decreased their target price on Figma from $85.00 to $70.00 and set an “overweight” rating for the company in a research report on Thursday, November 6th. The Goldman Sachs Group boosted their price target on shares of Figma from $49.00 to $54.00 and gave the stock a “neutral” rating in a report on Friday, November 7th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Figma from $65.00 to $60.00 and set a “neutral” rating for the company in a report on Thursday, November 6th. Three investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $59.00.

Institutional Trading of Figma

Several hedge funds and other institutional investors have recently modified their holdings of the business. Voya Investment Management LLC bought a new stake in Figma during the 3rd quarter worth approximately $3,412,000. Renaissance Capital LLC purchased a new position in shares of Figma during the 3rd quarter valued at $2,439,000. Signaturefd LLC bought a new position in shares of Figma in the third quarter worth $1,235,000. Rakuten Securities Inc. purchased a new stake in shares of Figma in the third quarter worth $155,000. Finally, CoreCap Advisors LLC purchased a new stake in shares of Figma in the third quarter worth $57,000.

Figma News Roundup

Here are the key news stories impacting Figma this week:

• Neutral Sentiment: Analysis piece flags valuation and user-narrative divergence as shares have retreated; useful for investors assessing whether current price reflects medium-term growth assumptions. Assessing Figma (FIG) Valuation As Shares Retreat And User Narratives Diverge
• Neutral Sentiment: General-interest tutorial coverage (not material to fundamentals) — minimal direct impact on stock price but indicates ongoing user engagement in the design community. Figma tutorial: Easy scrollbar animation step by step
• Negative Sentiment: RBC Capital sharply cut its price target from $65 to $38, signaling reduced analyst conviction and likely pressuring sentiment among growth-focused investors. Figma price target lowered to $38 from $65 at RBC Capital
• Negative Sentiment: Multiple senior executives disclosed stock sales (CTO Kris Rasmussen sold ~181,345 shares for ~$6.76M; CFO Praveer Melwani, GC Brendan Mulligan, CRO Shaunt Voskanian, and CAO Tyler Herb also reported smaller sales). Large insider selling can be read as a liquidity/diversification move but often raises near‑term concern among investors about insider conviction. SEC filings available for review. CTO Form 4 (SEC)

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.