Fluent Financial LLC Takes $765,000 Position in Figma, Inc. $FIG

Fluent Financial LLC bought a new position in shares of Figma, Inc. (NYSE:FIG) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 42,315 shares of the company’s stock, valued at approximately $765,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Gladstone Capital Management LLP lifted its stake in Figma by 2.9% during the 4th quarter. Gladstone Capital Management LLP now owns 17,081 shares of the company’s stock valued at $638,000 after acquiring an additional 481 shares during the period. NewEdge Advisors LLC purchased a new position in shares of Figma during the third quarter worth $26,000. Wilmington Savings Fund Society FSB acquired a new position in Figma during the third quarter valued at $27,000. Charles Schwab Investment Management Inc. boosted its holdings in Figma by 3.8% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 15,212 shares of the company’s stock valued at $568,000 after purchasing an additional 559 shares during the last quarter. Finally, Sunbelt Securities Inc. acquired a new stake in Figma during the 3rd quarter worth about $30,000.

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 expectations. Net dollar retention reached 136%, indicating strong customer expansion and platform engagement. Figma second-quarter earnings
• Positive Sentiment: Management raised its fiscal 2026 revenue outlook to approximately $1.463 billion-$1.467 billion and expects third-quarter revenue of $373 million-$375 million. AI-powered features and credit monetization are viewed by bullish analysts as potential drivers of additional growth and customer usage. Figma fiscal 2026 outlook
• Neutral Sentiment: Several executives, including the CFO, CTO, CRO and CAO, sold shares under pre-arranged Rule 10b5-1 trading plans. Because the sales represented relatively small portions of their remaining holdings and were scheduled transactions, they provide limited insight into management’s current outlook. Figma insider transactions
• Negative Sentiment: The primary pressure on the stock is Figma’s aggressive AI investment. Higher AI-related costs and gross margin of about 85%, down from the prior year, are raising concerns about near-term profitability and operating leverage. Investors are also wary of decelerating revenue growth, possible AI disruption to Figma’s core design market and executive departures. These concerns led some analysts to downgrade the shares despite the earnings beat. Figma AI costs and margins

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on FIG. JPMorgan Chase & Co. decreased their price objective on Figma from $45.00 to $42.00 and set a “neutral” rating for the company in a report on Friday, May 15th. Wells Fargo & Company lowered their price objective on Figma from $42.00 to $36.00 and set an “overweight” rating on the stock in a research report on Friday, June 26th. Citigroup raised their price objective on shares of Figma from $35.00 to $37.00 and gave the stock a “buy” rating in a research note on Friday. Oppenheimer reiterated a “market perform” rating on shares of Figma in a research note on Thursday, June 25th. Finally, Piper Sandler restated an “overweight” rating and set a $30.00 price target on shares of Figma in a research report on Thursday, June 25th. Five investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Figma presently has a consensus rating of “Hold” and a consensus target price of $32.22.

Figma Stock Performance

Figma stock opened at $23.29 on Monday. The stock has a market capitalization of $10.60 billion and a P/E ratio of -6.40. The company’s fifty day moving average price is $21.70 and its 200 day moving average price is $22.72. Figma, Inc. has a 1 year low of $16.60 and a 1 year high of $91.00.

Figma (NYSE:FIG) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.08 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.22) by $0.30. The business had revenue of $370.08 million for the quarter. Figma had a negative net margin of 123.15% and a negative return on equity of 100.03%. The business’s revenue for the quarter was up 48.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.09 earnings per share. Sell-side analysts predict that Figma, Inc. will post -0.79 EPS for the current year.

Insider Buying and Selling

In other Figma news, CTO Kris Rasmussen sold 196,397 shares of the business’s stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $25.53, for a total transaction of $5,014,015.41. Following the completion of the sale, the chief technology officer directly owned 9,234,587 shares in the company, valued at approximately $235,759,006.11. The trade was a 2.08% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CRO Shaunt Voskanian sold 30,000 shares of Figma stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $27.91, for a total value of $837,300.00. Following the completion of the sale, the executive directly owned 1,698,620 shares in the company, valued at $47,408,484.20. This represents a 1.74% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 1,675,578 shares of company stock worth $41,729,080 in the last quarter. 32.26% of the stock is owned by insiders.

Figma 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.