Fluent Financial LLC Acquires New Position in Figma, Inc. $FIG

Fluent Financial LLC bought a new position in Figma, Inc. (NYSE:FIG) during the second quarter, according to its most recent Form 13F filing with the SEC. The firm bought 42,315 shares of the company’s stock, valued at approximately $765,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Vanguard Group Inc. purchased a new stake in shares of Figma in the third quarter valued at approximately $2,282,000. US Bancorp DE purchased a new position in Figma during the third quarter worth approximately $31,000. Blair William & Co. IL purchased a new position in Figma during the third quarter worth approximately $460,000. Banque Cantonale Vaudoise acquired a new position in Figma during the third quarter worth $271,000. Finally, Franklin Resources Inc. acquired a new position in Figma during the third quarter worth $9,084,000.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on FIG. Wells Fargo & Company cut their target price on Figma from $42.00 to $36.00 and set an “overweight” rating for the company in a research note on Friday, June 26th. Citigroup boosted their price target on shares of Figma from $35.00 to $37.00 and gave the company a “buy” rating in a research report on Friday. Bank of America started coverage on shares of Figma in a report on Tuesday, July 7th. They issued a “buy” rating and a $30.00 price objective for the company. BTIG Research assumed coverage on shares of Figma in a research report on Monday, April 13th. They set a “neutral” rating for the company. Finally, Oppenheimer reaffirmed a “market perform” rating on shares of Figma in a research note on Thursday, June 25th. Five analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Figma currently has a consensus rating of “Hold” and a consensus price target of $32.22.

Figma Stock Performance

Shares of FIG stock opened at $23.29 on Monday. Figma, Inc. has a fifty-two week low of $16.60 and a fifty-two week high of $91.00. The company has a 50 day moving average price of $21.70 and a 200 day moving average price of $22.72. The stock has a market capitalization of $10.60 billion and a P/E ratio of -6.40.

Figma (NYSE:FIG) last released its earnings results on Wednesday, August 5th. The company reported $0.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.22) by $0.30. The firm had revenue of $370.08 million during the quarter. Figma had a negative return on equity of 100.03% and a negative net margin of 123.15%.The company’s revenue for the quarter was up 48.2% on a year-over-year basis. During the same quarter last year, the business posted $0.09 earnings per share. On average, research analysts forecast that Figma, Inc. will post -0.79 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CRO Shaunt Voskanian sold 87,510 shares of the business’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $23.01, for a total transaction of $2,013,605.10. Following the completion of the sale, the executive owned 1,781,380 shares in the company, valued at $40,989,553.80. The trade was a 4.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Praveer Melwani sold 381,288 shares of the company’s stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $25.13, for a total value of $9,581,767.44. Following the completion of the transaction, the chief financial officer directly owned 1,725,716 shares of the company’s stock, valued at $43,367,243.08. This trade represents a 18.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 1,675,578 shares of company stock worth $41,729,080. Insiders own 32.26% of the company’s stock.

Trending Headlines about Figma

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

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.