FIGS, Inc. (NYSE:FIGS) Shares Sold by Jane Street Group LLC

Jane Street Group LLC decreased its holdings in shares of FIGS, Inc. (NYSE:FIGS - Free Report) by 77.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 36,709 shares of the company's stock after selling 125,792 shares during the quarter. Jane Street Group LLC's holdings in FIGS were worth $227,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Northern Trust Corp lifted its holdings in FIGS by 5.8% in the 4th quarter. Northern Trust Corp now owns 1,273,290 shares of the company's stock worth $7,882,000 after buying an additional 69,522 shares in the last quarter. Susquehanna Fundamental Investments LLC acquired a new position in FIGS in the 4th quarter worth $1,270,000. T. Rowe Price Investment Management Inc. lifted its holdings in FIGS by 1.0% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 10,681,768 shares of the company's stock worth $66,121,000 after buying an additional 110,472 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in FIGS by 13.7% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 78,755 shares of the company's stock worth $488,000 after buying an additional 9,459 shares in the last quarter. Finally, Stifel Financial Corp acquired a new position in FIGS in the 4th quarter worth $70,000. Institutional investors and hedge funds own 92.21% of the company's stock.

FIGS Stock Down 0.1%

FIGS stock opened at $5.10 on Friday. The firm has a 50-day moving average price of $4.32 and a two-hundred day moving average price of $5.02. The firm has a market capitalization of $828.20 million, a price-to-earnings ratio of 84.92, a PEG ratio of 31.62 and a beta of 1.22. FIGS, Inc. has a 52-week low of $3.57 and a 52-week high of $7.06.

Analyst Ratings Changes

FIGS has been the topic of a number of recent analyst reports. Barclays reiterated a "positive" rating on shares of FIGS in a report on Tuesday, May 13th. Morgan Stanley cut their price objective 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. Telsey Advisory Group reissued a "market perform" rating and issued a $5.00 target price on shares of FIGS in a research report on Tuesday, May 13th. Finally, The Goldman Sachs Group dropped their target price on shares of FIGS from $4.25 to $3.75 and set a "sell" rating for the company in a research report on Tuesday, April 22nd.

FIGS Profile

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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