Shaunt Voskanian Sells 30,000 Shares of Figma (NYSE:FIG) Stock

Figma, Inc. (NYSE:FIG) CRO Shaunt Voskanian sold 30,000 shares of the company’s stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $27.91, for a total value of $837,300.00. Following the sale, the executive owned 1,698,620 shares of the company’s stock, valued at approximately $47,408,484.20. This represents a 1.74% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Tuesday, August 4th, Shaunt Voskanian sold 12,825 shares of Figma stock. The shares were sold at an average price of $26.63, for a total value of $341,529.75.
• 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 opened at $23.29 on Friday. Figma, Inc. has a 1-year low of $16.60 and a 1-year high of $91.00. The business has a fifty day moving average price of $21.70 and a 200 day moving average price of $22.77. The stock has a market capitalization of $10.60 billion and a P/E ratio of -6.40.

Figma (NYSE:FIG) last posted its earnings results on Wednesday, August 5th. The company reported $0.08 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.22) by $0.30. The company had revenue of $370.08 million for the quarter. Figma had a negative return on equity of 100.47% and a negative net margin of 123.15%.Figma’s revenue for the quarter was up 48.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.09 EPS. As a group, equities research analysts anticipate that Figma, Inc. will post -0.79 earnings per share for the current fiscal year.

Figma News Roundup

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, and adjusted earnings of $0.08 per share, exceeding expectations. Net dollar retention reached 136%, indicating strong customer expansion and platform engagement. Figma second-quarter earnings
• Positive Sentiment: Management raised its fiscal 2026 revenue outlook to approximately $1.463 billion-$1.467 billion and expects third-quarter revenue of $373 million-$375 million. AI-powered features and credit monetization are viewed by bullish analysts as potential drivers of additional growth and customer usage. Figma fiscal 2026 outlook
• Neutral Sentiment: Several executives, including the CFO, CTO, CRO and CAO, sold shares under pre-arranged Rule 10b5-1 trading plans. Because the sales represented relatively small portions of their remaining holdings and were scheduled transactions, they provide limited insight into management’s current outlook. Figma insider transactions
• Negative Sentiment: The primary pressure on the stock is Figma’s aggressive AI investment. Higher AI-related costs and gross margin of about 85%, down from the prior year, are raising concerns about near-term profitability and operating leverage. Investors are also wary of decelerating revenue growth, possible AI disruption to Figma’s core design market and executive departures. These concerns led some analysts to downgrade the shares despite the earnings beat. Figma AI costs and margins

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of FIG. Fluent Financial LLC purchased a new position in shares of Figma in the second quarter worth about $765,000. Valeo Financial Advisors LLC purchased a new stake in Figma in the second quarter valued at approximately $203,000. Parallel Advisors LLC increased its holdings in Figma by 3,890.0% in the 1st quarter. Parallel Advisors LLC now owns 1,197 shares of the company’s stock worth $25,000 after buying an additional 1,167 shares during the period. J. Derek Lewis & Associates Inc. increased its holdings in Figma by 58.6% in the 1st quarter. J. Derek Lewis & Associates Inc. now owns 20,300 shares of the company’s stock worth $429,000 after buying an additional 7,500 shares during the period. Finally, Bank of America Corp DE raised its position in Figma by 428.1% during the 1st quarter. Bank of America Corp DE now owns 4,180,575 shares of the company’s stock worth $88,377,000 after buying an additional 3,388,902 shares during the last quarter.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. Stifel Nicolaus set a $25.00 price objective on shares of Figma in a research note on Friday, May 15th. JPMorgan Chase & Co. lowered their target price on shares of Figma from $45.00 to $42.00 and set a “neutral” rating for the company in a research note on Friday, May 15th. Bank of America assumed coverage on shares of Figma in a report on Tuesday, July 7th. They issued a “buy” rating and a $30.00 price target on the stock. Morgan Stanley set a $33.00 price target on Figma in a research report on Thursday. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of Figma in a research report on Tuesday, May 19th. Five equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $32.22.

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.