Caption Management LLC lowered its position in shares of FIGS, Inc. (NYSE:FIGS - Free Report) by 68.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 40,059 shares of the company's stock after selling 84,941 shares during the period. Caption Management LLC's holdings in FIGS were worth $248,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also made changes to their positions in FIGS. MetLife Investment Management LLC increased its stake in FIGS by 3.1% in the fourth quarter. MetLife Investment Management LLC now owns 78,952 shares of the company's stock valued at $489,000 after purchasing an additional 2,355 shares during the period. Invesco Ltd. increased its position in FIGS by 2.7% in the 4th quarter. Invesco Ltd. now owns 145,734 shares of the company's stock valued at $902,000 after acquiring an additional 3,879 shares during the period. Blue Trust Inc. increased its position in FIGS by 380.0% in the 4th quarter. Blue Trust Inc. now owns 7,407 shares of the company's stock valued at $51,000 after acquiring an additional 5,864 shares during the period. Legal & General Group Plc raised its stake in FIGS by 5.4% during the 4th quarter. Legal & General Group Plc now owns 126,338 shares of the company's stock valued at $782,000 after acquiring an additional 6,416 shares during the last quarter. Finally, Sugar Maple Asset Management LLC acquired a new stake in FIGS during the 4th quarter worth approximately $43,000. 92.21% of the stock is owned by hedge funds and other institutional investors.
FIGS Stock Performance
NYSE:FIGS traded down $0.11 during trading hours on Friday, hitting $4.94. The company's stock had a trading volume of 3,363,641 shares, compared to its average volume of 2,843,726. The company has a market capitalization of $802.85 million, a PE ratio of 82.33, a PEG ratio of 31.62 and a beta of 1.20. FIGS, Inc. has a 52-week low of $3.57 and a 52-week high of $7.06. The business's 50-day moving average is $4.36 and its two-hundred day moving average is $5.18.
Analysts Set New Price Targets
Several research firms have recently commented on FIGS. The Goldman Sachs Group cut their price target on FIGS from $4.25 to $3.75 and set a "sell" rating for the company in a research note on Tuesday, April 22nd. Telsey Advisory Group cut their price objective on shares of FIGS from $7.00 to $5.00 and set a "market perform" rating for the company in a research report on Monday, May 5th. Finally, Morgan Stanley lowered their target price on shares of FIGS from $4.75 to $4.25 and set an "equal weight" rating on the stock in a report on Thursday, April 17th.
Get Our Latest Analysis on FIGS
FIGS Company Profile
(
Free Report)
FIGS, Inc operates as a direct-to-consumer healthcare apparel and lifestyle company in the United States and internationally. It designs and sells healthcare apparel and scrubwear and non-scrubwear offerings, such as outerwear, underscrubs, footwear, compression socks, lab coats, loungewear, and other apparel.
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