Figma (NYSE:FIG) CAO Tyler Herb Sells 709 Shares

Key Points

• Figma CAO Tyler Herb sold 709 shares at an average price of $26, generating $18,434. The transaction occurred under a pre-arranged Rule 10b5-1 plan, leaving Herb with 256,480 shares.
• Figma reported quarterly revenue of $370.1 million, up 48.2% year over year, and adjusted EPS of $0.08, beating analyst expectations. The company also issued third-quarter revenue guidance above consensus estimates.
• Despite the earnings beat, Figma shares fell to $23.94 on unusually heavy volume as investors focused on rising AI-related costs, continuing losses and pressure on future profitability. Analysts’ average rating remains “Hold”, with an average price target of $32.

Figma, Inc. (NYSE:FIG - Get Free Report) CAO Tyler Herb sold 709 shares of the stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $26.00, for a total value of $18,434.00. Following the transaction, the chief accounting officer owned 256,480 shares in the company, valued at $6,668,480. The trade was a 0.28% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 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 stock was 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 shares were sold at an average price of $26.40, for a total transaction of $48,840.00.
• On Monday, May 18th, Tyler Herb sold 669 shares of Figma stock. The stock was sold at an average price of $23.79, for a total value of $15,915.51.

Figma Price Performance

Shares of NYSE FIG traded down $4.21 during trading on Thursday, hitting $23.94. The stock had a trading volume of 53,281,217 shares, compared to its average volume of 18,263,311. Figma, Inc. has a 12 month low of $16.60 and a 12 month high of $91.00. The company has a market capitalization of $10.67 billion and a PE ratio of -6.98. The firm has a fifty day moving average of $21.74 and a two-hundred day moving average of $22.80.

Figma (NYSE:FIG - Get Free Report) 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 company had revenue of $370.08 million during the quarter. Figma had a negative return on equity of 98.51% and a negative net margin of 123.83%.The business's revenue was up 48.2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.09 earnings per share. On average, equities analysts expect that Figma, Inc. will post -0.79 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Figma

Several hedge funds and other institutional investors have recently added to or reduced their stakes in FIG. SC US Ttgp LTD. raised its holdings in shares of Figma by 5.8% in the 1st quarter. SC US Ttgp LTD. now owns 26,728,171 shares of the company's stock valued at $565,034,000 after acquiring an additional 1,466,851 shares in the last quarter. a16z Capital Management L.L.C. purchased a new position in shares of Figma during the third quarter worth about $842,687,000. JPMorgan Chase & Co. increased its position in shares of Figma by 119.4% in the fourth quarter. JPMorgan Chase & Co. now owns 6,643,939 shares of the company's stock worth $248,284,000 after purchasing an additional 3,615,198 shares during the last quarter. Baillie Gifford & Co. increased its position in shares of Figma by 93.8% in the fourth quarter. Baillie Gifford & Co. now owns 5,763,613 shares of the company's stock worth $215,386,000 after purchasing an additional 2,789,986 shares during the last quarter. Finally, Viking Global Investors LP purchased a new stake in Figma in the fourth quarter valued at approximately $214,967,000.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Piper Sandler reaffirmed an "overweight" rating and set a $30.00 price target on shares of Figma in a research report on Thursday, June 25th. BTIG Research initiated coverage on Figma in a report on Monday, April 13th. They issued a "neutral" rating for the company. Royal Bank Of Canada restated a "sector perform" rating on shares of Figma in a research note on Thursday. Morgan Stanley set a $33.00 target price on shares of Figma in a research report on Thursday. Finally, Bank of America started coverage on shares of Figma in a research note on Tuesday, July 7th. They issued a "buy" rating and a $30.00 target price for the company. Five equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of "Hold" and an average target price 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

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.

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