Susquehanna Fundamental Investments LLC Buys Shares of 205,100 FIGS, Inc. (NYSE:FIGS)

Susquehanna Fundamental Investments LLC bought a new position in shares of FIGS, Inc. (NYSE:FIGS - Free Report) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 205,100 shares of the company's stock, valued at approximately $1,270,000. Susquehanna Fundamental Investments LLC owned 0.12% of FIGS at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of FIGS. Sugar Maple Asset Management LLC bought a new position in FIGS during the 4th quarter worth approximately $43,000. Blue Trust Inc. boosted its position in shares of FIGS by 395.3% during the fourth quarter. Blue Trust Inc. now owns 7,642 shares of the company's stock worth $47,000 after purchasing an additional 6,099 shares in the last quarter. Stifel Financial Corp bought a new position in shares of FIGS during the fourth quarter worth $70,000. Cibc World Markets Corp acquired a new position in shares of FIGS in the 4th quarter valued at $75,000. Finally, Senvest Management LLC bought a new stake in shares of FIGS in the 4th quarter valued at $84,000. 92.21% of the stock is owned by institutional investors.

FIGS Stock Performance

NYSE:FIGS opened at $4.04 on Friday. The stock has a 50-day simple moving average of $4.41 and a 200 day simple moving average of $5.25. FIGS, Inc. has a 52-week low of $3.57 and a 52-week high of $7.06. The company has a market cap of $655.77 million, a PE ratio of 67.25, a PEG ratio of 31.62 and a beta of 1.18.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. The Goldman Sachs Group decreased their target price on FIGS from $4.25 to $3.75 and set a "sell" rating for the company in a research note on Tuesday, April 22nd. Morgan Stanley decreased their price objective on FIGS from $4.75 to $4.25 and set an "equal weight" rating for the company in a research report on Thursday, April 17th. Finally, Telsey Advisory Group restated a "market perform" rating and set a $7.00 target price on shares of FIGS in a report on Friday, February 28th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company's stock. According to data from MarketBeat.com, FIGS currently has an average rating of "Hold" and an average price target of $5.15.

FIGS Company 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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