Go Pro

Quantinno Capital Management LP Acquires 149,156 Shares of Figma, Inc. $FIG

Figma logo with Technology background
Image from MarketBeat Media, LLC.

Quantinno Capital Management LP boosted its holdings in Figma, Inc. (NYSE:FIG - Free Report) by 237.2% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 212,034 shares of the company's stock after purchasing an additional 149,156 shares during the quarter. Quantinno Capital Management LP's holdings in Figma were worth $4,482,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Mirae Asset Global Investments Co. Ltd. grew its stake in shares of Figma by 69.3% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 285,055 shares of the company's stock worth $10,653,000 after buying an additional 116,681 shares during the last quarter. Amova Asset Management Americas Inc. boosted its holdings in Figma by 641.4% in the first quarter. Amova Asset Management Americas Inc. now owns 1,467,887 shares of the company's stock worth $31,031,000 after acquiring an additional 1,269,900 shares in the last quarter. Baillie Gifford & Co. boosted its holdings in 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 acquiring an additional 2,789,986 shares in the last quarter. Freestone Capital Holdings LLC purchased a new stake in shares of Figma in the fourth quarter worth $10,297,000. Finally, Ieq Capital LLC grew its stake in shares of Figma by 1,670.9% in the fourth quarter. Ieq Capital LLC now owns 973,880 shares of the company's stock worth $36,394,000 after acquiring an additional 918,886 shares during the last quarter.

Analyst Ratings Changes

Several equities analysts have recently issued reports on FIG shares. Oppenheimer reaffirmed a "market perform" rating on shares of Figma in a research report on Thursday, June 25th. Piper Sandler reissued an "overweight" rating and set a $30.00 price objective on shares of Figma in a research report on Thursday, June 25th. JPMorgan Chase & Co. decreased their target price on shares of Figma from $45.00 to $42.00 and set a "neutral" rating for the company in a report on Friday, May 15th. Citigroup upped their target price on shares of Figma from $35.00 to $37.00 and gave the stock a "buy" rating in a research note on Friday. Finally, BTIG Research began coverage on shares of Figma in a report on Monday, April 13th. They set a "neutral" rating on the stock. 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 stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $32.22.

Get Our Latest Research Report on FIG

Insider Transactions at Figma

In other news, CFO Praveer Melwani sold 40,000 shares of the business's stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $26.63, for a total transaction of $1,065,200.00. Following the completion of the transaction, the chief financial officer directly owned 1,674,544 shares of the company's stock, valued at $44,593,106.72. The trade was a 2.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CRO Shaunt Voskanian sold 30,000 shares of the stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $27.91, for a total transaction of $837,300.00. Following the transaction, the executive owned 1,698,620 shares in the company, valued at approximately $47,408,484.20. This trade represents a 1.74% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 1,675,578 shares of company stock valued at $41,729,080. Company insiders own 32.26% of the company's stock.

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 company has a market cap of $10.60 billion and a P/E ratio of -6.40. The stock's fifty day moving average price is $21.70 and its 200-day moving average price is $22.77.

Figma (NYSE:FIG - Get Free Report) last issued its earnings results on Wednesday, August 5th. The company reported $0.08 earnings per share for the quarter, topping analysts' consensus estimates of ($0.22) by $0.30. The business had revenue of $370.08 million during the quarter. Figma had a negative return on equity of 100.47% and a negative net margin of 123.15%.Figma's quarterly revenue was up 48.2% compared to the same quarter last year. During the same period last year, the firm posted $0.09 EPS. On average, sell-side analysts anticipate that Figma, Inc. will post -0.79 earnings per share for the current year.

Key Stories Impacting 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, 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

Figma Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding FIG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Figma, Inc. (NYSE:FIG - Free Report).

Institutional Ownership by Quarter for Figma (NYSE:FIG)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Should You Invest $1,000 in Figma Right Now?

Before you consider Figma, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Figma wasn't on the list.

While Figma currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks That Could Lead the Next Market Boom Cover

Tesla, Nvidia, and Google helped shape the last era of market growth, but the next wave could come from a new group of companies. Inside this report, you’ll find 7 stocks that could play a major role in the next tech-driven market boom.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines