Figma (NYSE:FIG) CAO Sells $23,534.82 in Stock

Key Points

• Figma CAO Tyler Herb sold 1,107 shares for $23,534.82 under a pre-arranged Rule 10b5-1 plan, reducing his stake by 0.46%; he still directly owns 242,151 shares.
• Figma’s latest quarter beat earnings estimates, with revenue up 42.8% year over year to $391.42 million. The company raised its 2026 revenue outlook, though concerns about the cost of AI investments weighed on the stock.
• Shares fell 17% in Thursday trading to $18.38. Analysts’ consensus rating is “Hold,” with an average price target of $30.70.

Figma, Inc. (NYSE:FIG - Get Free Report) CAO Tyler Herb sold 1,107 shares of the business's stock in a transaction dated Tuesday, November 3rd. The shares were sold at an average price of $21.26, for a total value of $23,534.82. Following the completion of the sale, the chief accounting officer directly owned 242,151 shares of the company's stock, valued at $5,148,130.26. The trade was a 0.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Tyler Herb also recently made the following trade(s):

• On Monday, October 5th, Tyler Herb sold 1,418 shares of Figma stock. The stock was sold at an average price of $21.62, for a total value of $30,657.16.
• On Thursday, September 3rd, Tyler Herb sold 1,416 shares of Figma stock. The stock was sold at an average price of $26.29, for a total value of $37,226.64.
• On Thursday, August 27th, Tyler Herb sold 2,000 shares of Figma stock. The stock was sold at an average price of $30.00, for a total value of $60,000.00.
• On Friday, August 21st, Tyler Herb sold 1,840 shares of Figma stock. The stock was sold at an average price of $27.14, for a total value of $49,937.60.

Figma Trading Down 17.0%

NYSE FIG traded down $3.75 during mid-day trading on Thursday, hitting $18.38. The company's stock had a trading volume of 30,090,367 shares, compared to its average volume of 16,811,639. The company's 50 day simple moving average is $23.03 and its 200 day simple moving average is $23.06. Figma, Inc. has a twelve month low of $16.60 and a twelve month high of $46.79. The firm has a market capitalization of $8.36 billion, a price-to-earnings ratio of -5.05 and a beta of 1.17.

Figma (NYSE:FIG - Get Free Report) last announced its quarterly earnings results on Wednesday, November 4th. The company reported $0.10 EPS for the quarter, beating analysts' consensus estimates of ($0.22) by $0.32. Figma had a negative net margin of 123.15% and a negative return on equity of 100.03%. The business had revenue of $391.42 million during the quarter. During the same quarter last year, the firm posted $0.10 EPS. The business's revenue for the quarter was up 42.8% compared to the same quarter last year. As a group, research analysts forecast that Figma, Inc. will post -0.75 EPS for the current year.

Wall Street Analysts Forecast Growth

FIG has been the topic of several recent research reports. Weiss Ratings raised shares of Figma from a "sell (e+)" rating to a "sell (d-)" rating in a research report on Tuesday, October 6th. Rothschild & Co Redburn began coverage on Figma in a report on Monday. They set a "neutral" rating and a $23.00 price objective for the company. Bank of America increased their price objective on Figma from $30.00 to $33.00 and gave the stock a "buy" rating in a research note on Wednesday, August 19th. Oppenheimer reissued a "market perform" rating on shares of Figma in a research note on Thursday. Finally, Citigroup dropped their target price on Figma from $37.00 to $35.00 and set a "buy" rating on the stock in a report on Wednesday, October 28th. Four analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Figma has an average rating of "Hold" and a consensus price target of $30.70.

Figma News Roundup

Here are the key news stories impacting Figma this week:

• Positive Sentiment: Third-quarter revenue rose 43% year over year to about $391 million, and earnings per share of $0.10 topped estimates. Figma also raised its 2026 revenue outlook to $1.497 billion–$1.499 billion and forecast fourth-quarter revenue of $402 million–$404 million. Figma outlook
• Positive Sentiment: Figma says repricing AI credit add-ons increased user utilization by 40%. Monetizing AI features and developing an in-house design model could support future growth and improve margins. Reuters report on AI credits and in-house model
• Neutral Sentiment: Royal Bank of Canada lowered its price target to $24 from $28 and maintained a “sector perform” rating. The revised target remains above the share price cited in the report. Royal Bank of Canada rating
• Negative Sentiment: Despite the earnings beat and higher guidance, investors are concerned that AI models and agents are expensive to build and operate. The near-term cost of these investments may weigh on profitability before the benefits are fully realized. MarketWatch on AI costs and investor concerns

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in FIG. Parallel Advisors LLC lifted its stake in Figma by 3,890.0% in the first quarter. Parallel Advisors LLC now owns 1,197 shares of the company's stock valued at $25,000 after purchasing an additional 1,167 shares during the last quarter. Sunbelt Securities Inc. increased its position in Figma by 287.0% in the first quarter. Sunbelt Securities Inc. now owns 2,225 shares of the company's stock worth $47,000 after buying an additional 1,650 shares during the last quarter. Atlantic Private Wealth LLC purchased a new stake in Figma in the first quarter worth $74,000. IFP Advisors Inc increased its position in Figma by 176.1% in the second quarter. IFP Advisors Inc now owns 4,327 shares of the company's stock worth $78,000 after buying an additional 2,760 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC bought a new stake in shares of Figma in the third quarter valued at $215,000.

Figma Company Profile

Figma, Inc NYSE: FIG develops collaborative software for designing digital products and user experiences. Its browser-based platform enables teams to create, prototype, review and manage designs in real time, supporting collaboration among designers, developers, product managers and other stakeholders.

The company's product portfolio includes Figma Design, a collaborative interface-design and prototyping tool; FigJam, an online whiteboard for brainstorming and planning; and Dev Mode, which helps developers inspect designs and translate them into software.

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