BNP Paribas Financial Markets Makes New $1.05 Million Investment in FIGS, Inc. (NYSE:FIGS)

BNP Paribas Financial Markets bought a new position in FIGS, Inc. (NYSE:FIGS - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 169,366 shares of the company's stock, valued at approximately $1,048,000. BNP Paribas Financial Markets owned about 0.10% of FIGS as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Raymond James Financial Inc. bought a new position in FIGS in the fourth quarter worth about $12,152,000. Barclays PLC raised its holdings in shares of FIGS by 152.5% during the third quarter. Barclays PLC now owns 286,974 shares of the company's stock valued at $1,963,000 after buying an additional 173,316 shares during the last quarter. Susquehanna Fundamental Investments LLC bought a new stake in shares of FIGS during the fourth quarter valued at approximately $1,270,000. OFI Invest Asset Management bought a new stake in shares of FIGS during the fourth quarter valued at approximately $749,000. Finally, Blue Trust Inc. raised its holdings in shares of FIGS by 395.3% during the fourth quarter. Blue Trust Inc. now owns 7,642 shares of the company's stock valued at $47,000 after buying an additional 6,099 shares during the last quarter. Institutional investors own 92.21% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on FIGS shares. Telsey Advisory Group reaffirmed a "market perform" rating and set a $5.00 price target on shares of FIGS in a report on Tuesday, May 13th. Barclays reaffirmed a "positive" rating on shares of FIGS in a report on Tuesday, May 13th. Morgan Stanley cut their price target on FIGS from $4.75 to $4.25 and set an "equal weight" rating on the stock in a report on Thursday, April 17th. Finally, The Goldman Sachs Group cut their price target on FIGS from $4.25 to $3.75 and set a "sell" rating on the stock in a report on Tuesday, April 22nd.

FIGS Trading Down 2.8%

NYSE:FIGS traded down $0.13 during midday trading on Friday, hitting $4.40. 1,217,433 shares of the stock were exchanged, compared to its average volume of 2,757,220. FIGS, Inc. has a one year low of $3.57 and a one year high of $7.06. The company has a market capitalization of $714.28 million, a price-to-earnings ratio of 73.25, a P/E/G ratio of 31.62 and a beta of 1.20. The business has a 50-day moving average price of $4.34 and a two-hundred day moving average price of $5.07.

About FIGS

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.