Kris Rasmussen Sells 14,252 Shares of Figma (NYSE:FIG) Stock

Figma, Inc. (NYSE:FIG) CTO Kris Rasmussen sold 14,252 shares of Figma stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $37.21, for a total value of $530,316.92. Following the completion of the transaction, the chief technology officer owned 10,879,993 shares of the company’s stock, valued at $404,844,539.53. This trade represents a 0.13% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Kris Rasmussen also recently made the following trade(s):

• On Monday, January 5th, Kris Rasmussen sold 181,345 shares of Figma stock. The stock was sold at an average price of $37.25, for a total value of $6,755,101.25.
• On Wednesday, December 3rd, Kris Rasmussen sold 177,387 shares of Figma stock. The shares were sold at an average price of $36.71, for a total value of $6,511,876.77.
• On Monday, December 1st, Kris Rasmussen sold 18,211 shares of Figma stock. The shares were sold at an average price of $35.45, for a total value of $645,579.95.
• On Wednesday, November 12th, Kris Rasmussen sold 31,715 shares of Figma stock. The stock was sold at an average price of $45.03, for a total value of $1,428,126.45.
• On Monday, November 10th, Kris Rasmussen sold 272,789 shares of Figma stock. The stock was sold at an average price of $43.47, for a total transaction of $11,858,137.83.
• On Monday, November 3rd, Kris Rasmussen sold 73,738 shares of Figma stock. The shares were sold at an average price of $48.17, for a total transaction of $3,551,959.46.

Figma Stock Down 0.4%

Shares of NYSE:FIG opened at $37.34 on Thursday. Figma, Inc. has a 1-year low of $32.83 and a 1-year high of $142.92. The business’s fifty day simple moving average is $39.05. The firm has a market capitalization of $15.53 billion and a PE ratio of -13.93.

Figma (NYSE:FIG) last released its quarterly earnings data on Wednesday, November 5th. The company reported $0.10 earnings per share for the quarter, topping the consensus estimate of ($1.56) by $1.66. Figma had a negative net margin of 99.32% and a negative return on equity of 84.34%. The firm had revenue of $274.17 million for the quarter. During the same quarter last year, the company earned $0.04 EPS. Figma’s revenue was up 38.0% compared to the same quarter last year.

Analyst Upgrades and Downgrades

FIG has been the topic of several analyst reports. Piper Sandler dropped their target price on Figma from $85.00 to $70.00 and set an “overweight” rating on the stock in a research report on Thursday, November 6th. Royal Bank Of Canada dropped their price objective on shares of Figma from $65.00 to $38.00 and set a “sector perform” rating on the stock in a report on Monday. Stifel Nicolaus set a $40.00 price objective on shares of Figma in a research report on Wednesday. The Goldman Sachs Group upped their target price on shares of Figma from $49.00 to $54.00 and gave the stock a “neutral” rating in a research report on Friday, November 7th. Finally, Wells Fargo & Company dropped their price target on shares of Figma from $70.00 to $52.00 and set an “equal weight” rating on the stock in a research note on Wednesday, November 5th. Three equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $56.63.

Trending Headlines about Figma

Here are the key news stories impacting Figma this week:

• Positive Sentiment: Strong fundamentals: Figma reported better‑than‑expected quarterly results (Nov. 5) — $0.10 EPS vs. a large consensus miss, and revenue of $274.2M, up ~38% year‑over‑year — evidence of continued user and revenue growth. Figma stock summary and earnings
• Positive Sentiment: Product momentum / ecosystem activity: new how‑to and demo content (Design→production code with Figma MCP, tutorials) highlights continued product adoption and developer/designer engagement — supportive long‑term demand even if not market moving short term. Design to production code with Figma MCP
• Neutral Sentiment: Analyst stance: Stifel Nicolaus initiated coverage with a Hold, reflecting balanced view on growth vs. AI / valuation uncertainty; the consensus remains a Hold with an average target around $59, signaling limited near‑term upside in analysts’ view. Stifel Hold initiation (TipRanks)
• Negative Sentiment: Price target cut: RBC Capital cut its target to $38 (from $65), a notable downward revision that likely reduced investor expectations for near‑term upside. RBC price target lowered to $38
• Negative Sentiment: Heavy insider selling: multiple senior executives disclosed open‑market sales in early January (CTO sold ~181k shares, CFO/CRO/GC/CAO also sold smaller blocks). Large insider sales can weigh on sentiment by signaling diversification or liquidity needs. SEC filing for a large CTO sale: CTO Form 4 filing and CAO sale summary: InsiderTrades CAO sale alert

Hedge Funds Weigh In On Figma

Large investors have recently made changes to their positions in the business. Whittier Trust Co. of Nevada Inc. bought a new stake in shares of Figma in the 3rd quarter worth approximately $26,000. NewEdge Advisors LLC acquired a new position in Figma in the third quarter worth approximately $26,000. Wilmington Savings Fund Society FSB bought a new position in shares of Figma in the third quarter valued at $27,000. Sunbelt Securities Inc. acquired a new stake in shares of Figma during the 3rd quarter valued at $30,000. Finally, US Bancorp DE bought a new stake in shares of Figma during the 3rd quarter worth $31,000.

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.