15,100 Shares in FIGS, Inc. (NYSE:FIGS) Acquired by Lane & Associates LLC

Lane & Associates LLC bought a new position in shares of FIGS, Inc. (NYSE:FIGS) in the fourth quarter, HoldingsChannel reports. The firm bought 15,100 shares of the company’s stock, valued at approximately $86,000.

Several other hedge funds also recently made changes to their positions in FIGS. Creative Planning lifted its holdings in FIGS by 17.7% during the 3rd quarter. Creative Planning now owns 12,697 shares of the company’s stock valued at $87,000 after purchasing an additional 1,911 shares during the last quarter. International Assets Investment Management LLC increased its position in shares of FIGS by 787.0% in the third quarter. International Assets Investment Management LLC now owns 13,926 shares of the company’s stock worth $950,000 after purchasing an additional 12,356 shares during the period. Pullen Investment Management LLC bought a new position in shares of FIGS in the third quarter worth $525,000. Malaga Cove Capital LLC increased its position in shares of FIGS by 18.4% in the third quarter. Malaga Cove Capital LLC now owns 214,122 shares of the company’s stock worth $1,465,000 after purchasing an additional 33,278 shares during the period. Finally, GSA Capital Partners LLP bought a new position in shares of FIGS in the third quarter worth $104,000. 92.21% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of brokerages recently commented on FIGS. Telsey Advisory Group restated a “market perform” rating and issued a $7.00 price target on shares of FIGS in a research report on Thursday. The Goldman Sachs Group decreased their target price on FIGS from $5.00 to $4.50 and set a “sell” rating on the stock in a research report on Tuesday, December 10th. Finally, Barclays decreased their target price on FIGS from $5.00 to $4.00 and set an “equal weight” rating on the stock in a research report on Tuesday, November 12th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $5.35.

FIGS Trading Down 2.3 %

NYSE:FIGS opened at $5.28 on Friday. The stock has a market cap of $895.75 million, a P/E ratio of 87.92, a price-to-earnings-growth ratio of 32.40 and a beta of 1.22. The stock’s 50-day moving average is $5.77 and its 200-day moving average is $5.77. FIGS, Inc. has a 1-year low of $4.30 and a 1-year high of $7.05.

Insider Transactions at FIGS

In other news, insider Heather L. Hasson sold 26,855 shares of the business’s stock in a transaction dated Monday, January 6th. The stock was sold at an average price of $5.96, for a total transaction of $160,055.80. Following the sale, the insider now directly owns 354,221 shares in the company, valued at approximately $2,111,157.16. The trade was a 7.05 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 22.30% of the company’s stock.

FIGS 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.