Figma (NYSE:FIG) General Counsel Sells $211,058.50 in Stock

Figma, Inc. (NYSE:FIG) General Counsel Brendan Mulligan sold 5,666 shares of Figma stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $37.25, for a total transaction of $211,058.50. Following the sale, the general counsel owned 869,053 shares of the company’s stock, valued at approximately $32,372,224.25. The trade was a 0.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Brendan Mulligan also recently made the following trade(s):

• On Friday, January 2nd, Brendan Mulligan sold 6,793 shares of Figma stock. The stock was sold at an average price of $37.21, for a total value of $252,767.53.
• On Monday, December 15th, Brendan Mulligan sold 4,392 shares of Figma stock. The shares were sold at an average price of $34.65, for a total transaction of $152,182.80.
• On Wednesday, December 3rd, Brendan Mulligan sold 4,392 shares of Figma stock. The stock was sold at an average price of $36.68, for a total transaction of $161,098.56.
• On Monday, December 1st, Brendan Mulligan sold 9,343 shares of Figma stock. The shares were sold at an average price of $35.45, for a total transaction of $331,209.35.
• On Monday, November 17th, Brendan Mulligan sold 4,299 shares of Figma stock. The stock was sold at an average price of $37.29, for a total transaction of $160,309.71.
• On Wednesday, November 12th, Brendan Mulligan sold 10,000 shares of Figma stock. The stock was sold at an average price of $45.00, for a total value of $450,000.00.
• On Monday, November 10th, Brendan Mulligan sold 80,934 shares of Figma stock. The stock was sold at an average price of $43.47, for a total value of $3,518,200.98.
• On Monday, November 3rd, Brendan Mulligan sold 9,526 shares of Figma stock. The shares were sold at an average price of $48.17, for a total transaction of $458,867.42.

Figma Trading Up 0.8%

Shares of Figma stock traded up $0.31 on Tuesday, hitting $37.38. 4,971,489 shares of the company’s stock traded hands, compared to its average volume of 5,852,425. The firm has a market capitalization of $15.55 billion and a PE ratio of -13.95. Figma, Inc. has a 52-week low of $32.83 and a 52-week high of $142.92. The business’s 50-day simple moving average is $39.61.

Figma (NYSE:FIG) last issued its quarterly earnings results on Wednesday, November 5th. The company reported $0.10 EPS for the quarter, beating analysts’ consensus estimates of ($1.56) by $1.66. The company had revenue of $274.17 million for the quarter. Figma had a negative return on equity of 84.34% and a negative net margin of 99.32%.Figma’s revenue for the quarter was up 38.0% on a year-over-year basis. During the same period last year, the business posted $0.04 earnings per share.

Institutional Trading of Figma

Several hedge funds have recently made changes to their positions in FIG. Whittier Trust Co. of Nevada Inc. bought a new position in Figma in the 3rd quarter worth about $26,000. NewEdge Advisors LLC purchased a new position in Figma during the third quarter valued at approximately $26,000. Wilmington Savings Fund Society FSB acquired a new position in shares of Figma during the 3rd quarter worth approximately $27,000. Sunbelt Securities Inc. acquired a new stake in shares of Figma in the third quarter valued at approximately $30,000. Finally, US Bancorp DE purchased a new stake in Figma in the third quarter valued at $31,000.

Figma News Roundup

Here are the key news stories impacting Figma this week:

• Neutral Sentiment: Analysis piece flags valuation and user-narrative divergence as shares have retreated; useful for investors assessing whether current price reflects medium-term growth assumptions. Assessing Figma (FIG) Valuation As Shares Retreat And User Narratives Diverge
• Neutral Sentiment: General-interest tutorial coverage (not material to fundamentals) — minimal direct impact on stock price but indicates ongoing user engagement in the design community. Figma tutorial: Easy scrollbar animation step by step
• Negative Sentiment: RBC Capital sharply cut its price target from $65 to $38, signaling reduced analyst conviction and likely pressuring sentiment among growth-focused investors. Figma price target lowered to $38 from $65 at RBC Capital
• Negative Sentiment: Multiple senior executives disclosed stock sales (CTO Kris Rasmussen sold ~181,345 shares for ~$6.76M; CFO Praveer Melwani, GC Brendan Mulligan, CRO Shaunt Voskanian, and CAO Tyler Herb also reported smaller sales). Large insider selling can be read as a liquidity/diversification move but often raises near‑term concern among investors about insider conviction. SEC filings available for review. CTO Form 4 (SEC)

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on FIG. JPMorgan Chase & Co. reduced their price target on shares of Figma from $65.00 to $60.00 and set a “neutral” rating on the stock in a research report on Thursday, November 6th. Piper Sandler reduced their price target on shares of Figma from $85.00 to $70.00 and set an “overweight” rating on the stock in a research note on Thursday, November 6th. Royal Bank Of Canada lowered their target price on shares of Figma from $65.00 to $38.00 and set a “sector perform” rating for the company in a research note on Monday. The Goldman Sachs Group raised their price objective on Figma from $49.00 to $54.00 and gave the company a “neutral” rating in a research note on Friday, November 7th. Finally, Weiss Ratings reiterated a “sell (e+)” rating on shares of Figma in a research note on Monday, December 29th. Three equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Figma has an average rating of “Hold” and an average target price of $59.00.

About Figma

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.