Insider Selling: Figma (NYSE:FIG) CAO Sells $39,936.00 in Stock

Figma, Inc. (NYSE:FIG) CAO Tyler Herb sold 1,536 shares of the company’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $26.00, for a total transaction of $39,936.00. Following the sale, the chief accounting officer directly owned 257,189 shares of the company’s stock, valued at $6,686,914. The trade was a 0.59% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

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

• On Tuesday, August 4th, Tyler Herb sold 709 shares of Figma stock. The stock was sold at an average price of $26.00, for a total transaction of $18,434.00.
• On Monday, June 1st, Tyler Herb sold 1,850 shares of Figma stock. The shares were sold at an average price of $26.40, for a total transaction of $48,840.00.
• On Monday, May 18th, Tyler Herb sold 669 shares of Figma stock. The shares were sold at an average price of $23.79, for a total transaction of $15,915.51.

Figma Trading Down 14.9%

Shares of FIG stock opened at $23.94 on Friday. Figma, Inc. has a 12 month low of $16.60 and a 12 month high of $91.00. The stock has a market cap of $10.67 billion and a P/E ratio of -6.58. The company has a 50 day simple moving average of $21.75 and a two-hundred day simple moving average of $22.76.

Figma (NYSE:FIG) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.08 earnings per share for the quarter, topping the consensus estimate of ($0.22) by $0.30. Figma had a negative net margin of 123.15% and a negative return on equity of 100.47%. The business had revenue of $370.08 million for the quarter. During the same quarter in the prior year, the business earned $0.09 EPS. The company’s revenue was up 48.2% compared to the same quarter last year. As a group, equities analysts forecast that Figma, Inc. will post -0.79 earnings per share for the current year.

Wall Street Analyst Weigh In

Several analysts have issued reports on FIG shares. Weiss Ratings reissued a “sell (e+)” rating on shares of Figma in a report on Tuesday, May 19th. BTIG Research initiated coverage on Figma in a research report on Monday, April 13th. They set a “neutral” rating on the stock. Wells Fargo & Company cut their price objective on Figma from $42.00 to $36.00 and set an “overweight” rating for the company in a research note on Friday, June 26th. Stifel Nicolaus set a $25.00 target price on shares of Figma in a report on Friday, May 15th. Finally, Oppenheimer restated a “market perform” rating on shares of Figma in a research note on Thursday, June 25th. Five equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $32.00.

More Figma News

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 analyst expectations. Customer growth and net dollar retention also remained strong. Figma second-quarter financial results
• Positive Sentiment: Management raised its full-year 2026 revenue forecast, with reported guidance of approximately $1.463 billion to $1.467 billion, while third-quarter revenue guidance of $373 million to $375 million exceeded consensus estimates. Demand for Figma’s design software and AI-enabled tools continues to support growth. Figma 2026 revenue outlook
• Neutral Sentiment: Figma’s CFO, CTO and chief revenue officer reported stock sales totaling roughly $7.3 million. The transactions were executed under pre-arranged Rule 10b5-1 plans, and each executive retained a substantial position, reducing their significance as a direct signal about company fundamentals. Figma insider trading filings
• Negative Sentiment: Investors were concerned that AI monetization is requiring substantial investment. AI-related costs rose sharply, while gross margin contracted year over year to 85%. Management also expects revenue growth to decelerate in the third quarter and for the full year, raising questions about whether AI-driven growth will justify the company’s elevated valuation. Figma AI costs and margins
• Negative Sentiment: A Seeking Alpha analyst downgraded Figma to Sell, citing weakening business momentum, margin pressure and the possibility that artificial intelligence could disrupt parts of Figma’s core design software market. Figma rating downgrade

Institutional Investors Weigh In On Figma

Institutional investors and hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. bought a new position in shares of Figma in the third quarter worth about $2,282,000. US Bancorp DE bought a new position in Figma in the 3rd quarter worth approximately $31,000. Blair William & Co. IL purchased a new stake in Figma during the 3rd quarter valued at approximately $460,000. Banque Cantonale Vaudoise purchased a new stake in Figma during the 3rd quarter valued at approximately $271,000. Finally, Franklin Resources Inc. bought a new stake in shares of Figma during the third quarter valued at approximately $9,084,000.

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.