Shaunt Voskanian Sells 30,000 Shares of Figma (NYSE:FIG) Stock

Key Points

• Figma CRO Shaunt Voskanian sold 30,000 shares for approximately $837,300 under a pre-arranged Rule 10b5-1 plan, reducing his direct holdings by 1.74% to 1.70 million shares.
• Figma reported strong second-quarter results, with revenue rising 48.2% year over year to $370.1 million and adjusted EPS of $0.08 beating consensus estimates. The company also issued quarterly and full-year revenue guidance above analyst expectations.
• Despite the earnings beat, Figma shares fell 14.9% to $23.94 on unusually heavy volume as investors focused on rising AI-related costs, continued losses, and pressure on future profitability; analysts’ consensus rating remains Hold with a $32 price target.

Figma, Inc. (NYSE:FIG - Get Free Report) CRO Shaunt Voskanian sold 30,000 shares of the firm's stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $27.91, for a total value of $837,300.00. Following the sale, the executive directly owned 1,698,620 shares of the company's stock, valued at $47,408,484.20. This represents a 1.74% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Shaunt Voskanian also recently made the following trade(s):

• On Tuesday, August 4th, Shaunt Voskanian sold 12,825 shares of Figma stock. The stock was sold at an average price of $26.63, for a total transaction of $341,529.75.
• On Monday, July 6th, Shaunt Voskanian sold 8,629 shares of Figma stock. The shares were sold at an average price of $20.62, for a total transaction of $177,929.98.
• On Wednesday, June 3rd, Shaunt Voskanian sold 87,510 shares of Figma stock. The shares were sold at an average price of $23.01, for a total transaction of $2,013,605.10.

Figma Stock Down 14.9%

Shares of NYSE FIG traded down $4.21 during mid-day trading on Thursday, reaching $23.94. 53,261,194 shares of the company were exchanged, compared to its average volume of 18,263,311. The stock has a market capitalization of $10.67 billion and a P/E ratio of -6.98. The company's 50-day simple moving average is $21.74 and its 200-day simple moving average is $22.80. Figma, Inc. has a twelve month low of $16.60 and a twelve month high of $91.00.

Figma (NYSE:FIG - Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $0.08 EPS for the quarter, beating analysts' consensus estimates of ($0.22) by $0.30. The business had revenue of $370.08 million for the quarter. Figma had a negative net margin of 123.83% and a negative return on equity of 98.51%. The firm's quarterly revenue was up 48.2% on a year-over-year basis. During the same quarter last year, the company posted $0.09 EPS. As a group, equities research analysts expect that Figma, Inc. will post -0.79 EPS for the current year.

Trending Headlines about 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, while adjusted earnings of $0.08 per share exceeded consensus expectations. Management also cited strong demand and growing adoption of AI-enabled products. Figma Announces Second Quarter 2026 Financial Results
• Positive Sentiment: The company issued third-quarter revenue guidance of $373 million to $375 million, above the roughly $362 million analyst estimate, and expects full-year fiscal 2026 revenue of approximately $1.463 billion to $1.467 billion. Figma anticipates FY2026 revenue while leaning into AI investment
• Neutral Sentiment: Figma’s finance chief said AI credits helped accelerate usage and revenue, suggesting the company is beginning to monetize AI demand; however, the strategy remains dependent on converting increased consumption into sustainable profits. Figma CFO explains AI credits and revenue growth
• Negative Sentiment: Investors reacted negatively to rising AI-related infrastructure and operating costs. Figma said it is investing heavily in AI and hiring fewer employees because of productivity gains, but Wall Street remains concerned that these expenses will pressure margins and delay meaningful profitability. Figma Q2 earnings and AI costs
• Negative Sentiment: The selloff occurred on unusually heavy volume, indicating broad investor disappointment despite the earnings beat and guidance increase. Figma continues to report substantial losses, including a negative net margin, making investors especially sensitive to expanding costs.
• Neutral Sentiment: CEO Dylan Field forfeited approximately $46 million in stock after the share decline, while a separate chief accounting officer sale was conducted under a pre-arranged Rule 10b5-1 plan to cover tax withholding; neither transaction necessarily signals a change in management’s outlook. Figma CEO forfeits stock

Institutional Trading of Figma

A number of hedge funds have recently made changes to their positions in FIG. SC US Ttgp LTD. lifted its holdings in shares of Figma by 5.8% during the first quarter. SC US Ttgp LTD. now owns 26,728,171 shares of the company's stock worth $565,034,000 after purchasing an additional 1,466,851 shares during the period. a16z Capital Management L.L.C. acquired a new position in Figma in the third quarter valued at approximately $842,687,000. JPMorgan Chase & Co. boosted its stake in Figma by 119.4% during the fourth quarter. JPMorgan Chase & Co. now owns 6,643,939 shares of the company's stock worth $248,284,000 after acquiring an additional 3,615,198 shares in the last quarter. Baillie Gifford & Co. grew its stake in shares of Figma by 93.8% in the 4th quarter. Baillie Gifford & Co. now owns 5,763,613 shares of the company's stock valued at $215,386,000 after buying an additional 2,789,986 shares during the period. Finally, Viking Global Investors LP acquired a new position in shares of Figma during the fourth quarter worth approximately $214,967,000.

Analyst Upgrades and Downgrades

FIG has been the subject of several analyst reports. Citigroup dropped their price objective on shares of Figma from $36.00 to $35.00 and set a "buy" rating for the company in a research note on Friday, July 24th. Wells Fargo & Company lowered their target price on shares of Figma from $42.00 to $36.00 and set an "overweight" rating on the stock in a report on Friday, June 26th. Piper Sandler reiterated an "overweight" rating and issued a $30.00 price target on shares of Figma in a research report on Thursday, June 25th. Weiss Ratings reaffirmed a "sell (e+)" rating on shares of Figma in a report on Tuesday, May 19th. Finally, Stifel Nicolaus set a $25.00 price target on Figma in a research report on Friday, May 15th. Five research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $32.00.

Figma Company Profile

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.

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