Figma, Inc. $FIG Shares Acquired by Hsbc Holdings PLC

Hsbc Holdings PLC boosted its holdings in Figma, Inc. (NYSE:FIG) by 274.0% in the fourth quarter, HoldingsChannel reports. The firm owned 117,542 shares of the company’s stock after purchasing an additional 86,117 shares during the period. Hsbc Holdings PLC’s holdings in Figma were worth $4,384,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Cosmic Management LLC purchased a new stake in Figma during the 4th quarter worth approximately $151,535,000. Walser Wealth Management Company A Ltd Liability Co purchased a new position in shares of Figma during the 4th quarter valued at approximately $373,000. Compound Planning Inc. acquired a new stake in shares of Figma during the fourth quarter worth approximately $34,057,000. Mercer Global Advisors Inc. ADV grew its position in shares of Figma by 766.8% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 66,191 shares of the company’s stock worth $2,474,000 after buying an additional 58,555 shares in the last quarter. Finally, Beacon Pointe Advisors LLC increased its stake in shares of Figma by 301.7% in the fourth quarter. Beacon Pointe Advisors LLC now owns 34,086 shares of the company’s stock worth $1,274,000 after buying an additional 25,600 shares during the last quarter.

Analyst Upgrades and Downgrades

FIG has been the topic of several recent analyst reports. Oppenheimer reaffirmed a “market perform” rating on shares of Figma in a report on Thursday, June 25th. Royal Bank Of Canada decreased their price objective on shares of Figma from $28.00 to $22.00 and set a “sector perform” rating for the company in a report on Thursday, June 25th. Weiss Ratings reissued a “sell (e+)” rating on shares of Figma in a research report on Tuesday, May 19th. Morgan Stanley cut their target price on shares of Figma from $44.00 to $38.00 and set an “equal weight” rating on the stock in a research note on Friday, May 15th. Finally, Citigroup initiated coverage on Figma in a research report on Wednesday, June 17th. They issued a “buy” rating and a $36.00 target price for the company. Five research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Figma has a consensus rating of “Hold” and a consensus price target of $32.67.

Figma News Summary

Here are the key news stories impacting Figma this week:

• Positive Sentiment: Bank of America reinstated coverage on Figma with a Buy rating and a $30 price target, saying AI could strengthen Figma’s competitive position and create new revenue opportunities. CNBC analyst calls article
• Positive Sentiment: Multiple reports echoed the bullish BofA view, with some analysts arguing Figma may be a better AI bet than Adobe, helping support sentiment after June’s pullback. Why Figma is a better AI bet than Adobe
• Positive Sentiment: Figma’s recent buying activity around AI and product innovation suggests management is leaning into growth opportunities, including the acquisition of the team behind a vibe-coding app. Figma Buys Bud AI App-Builder Team, Shuts Platform This Month
• Neutral Sentiment: The company’s CRO sold shares in a pre-arranged 10b5-1 plan, which is worth watching but does not necessarily signal concern about operations. CRO Shaunt Voskanian sale details
• Negative Sentiment: Figma also disclosed CFO share sales under a 10b5-1 plan, and insider selling can weigh on investor sentiment even when it is preplanned. CFO Praveer Melwani sale details
• Negative Sentiment: Traders are also contending with a softer risk backdrop and technical pressure near the 200-day moving average, which has contributed to choppiness in the stock. Figma Stock Battles 200-Day Moving Average

Insider Buying and Selling at Figma

In other Figma news, CTO Kris Rasmussen sold 327,046 shares of the firm’s stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $25.07, for a total value of $8,199,043.22. Following the sale, the chief technology officer directly owned 9,771,529 shares in the company, valued at approximately $244,972,232.03. This trade represents a 3.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Brendan Mulligan sold 18,741 shares of the firm’s stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $25.04, for a total value of $469,274.64. Following the completion of the sale, the general counsel owned 987,986 shares in the company, valued at $24,739,169.44. The trade was a 1.86% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 733,309 shares of company stock worth $17,824,756. 45.20% of the stock is owned by company insiders.

Figma Stock Up 3.0%

Shares of FIG stock opened at $22.31 on Friday. The business has a 50 day moving average of $20.70 and a two-hundred day moving average of $24.59. Figma, Inc. has a 52 week low of $16.60 and a 52 week high of $142.92. The company has a market cap of $9.94 billion and a P/E ratio of -6.51.

Figma (NYSE:FIG) last posted its earnings results on Thursday, May 14th. The company reported $0.10 EPS for the quarter, beating the consensus estimate of ($0.17) by $0.27. The company had revenue of $333.44 million during the quarter. Figma had a negative return on equity of 98.51% and a negative net margin of 123.83%.The firm’s revenue was up 46.1% compared to the same quarter last year. Analysts expect that Figma, Inc. will post -0.8 EPS for the current fiscal year.

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.