Figma (NYSE:FIG) CTO Sells $1,540,770.00 in Stock

Figma, Inc. (NYSE:FIG) CTO Kris Rasmussen sold 51,359 shares of the business’s stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $30.00, for a total transaction of $1,540,770.00. Following the transaction, the chief technology officer owned 10,367,546 shares in the company, valued at $311,026,380. This represents a 0.49% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

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

• On Tuesday, February 10th, Kris Rasmussen sold 205,438 shares of Figma stock. The shares were sold at an average price of $25.01, for a total transaction of $5,138,004.38.
• On Monday, February 2nd, Kris Rasmussen sold 74,305 shares of Figma stock. The stock was sold at an average price of $24.86, for a total value of $1,847,222.30.
• On Monday, January 5th, Kris Rasmussen sold 181,345 shares of Figma stock. The shares were sold at an average price of $37.25, for a total value of $6,755,101.25.
• On Friday, January 2nd, Kris Rasmussen sold 14,252 shares of Figma stock. The shares were sold at an average price of $37.21, for a total value of $530,316.92.
• On Wednesday, December 3rd, Kris Rasmussen sold 177,387 shares of Figma stock. The stock was 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 transaction of $645,579.95.

Figma Stock Down 2.7%

Shares of NYSE:FIG opened at $29.39 on Monday. Figma, Inc. has a 12-month low of $19.85 and a 12-month high of $142.92. The stock has a market cap of $12.96 billion and a PE ratio of -9.42. The business has a 50 day moving average of $30.10 and a 200-day moving average of $44.26.

Figma (NYSE:FIG) last announced its earnings results on Wednesday, February 18th. The company reported $0.08 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.20) by $0.28. The company had revenue of $303.78 million for the quarter. Figma had a negative return on equity of 97.03% and a negative net margin of 121.87%.The company’s quarterly revenue was up 40.1% compared to the same quarter last year.

Analyst Upgrades and Downgrades

Several analysts have weighed in on FIG shares. JPMorgan Chase & Co. dropped their price objective on shares of Figma from $65.00 to $60.00 and set a “neutral” rating for the company in a research note on Thursday, November 6th. Barclays raised shares of Figma to a “neutral” rating in a report on Thursday, January 8th. Wells Fargo & Company cut their price target on Figma from $52.00 to $42.00 and set an “overweight” rating for the company in a research note on Thursday, February 19th. The Goldman Sachs Group set a $35.00 price target on Figma in a research report on Thursday, February 19th. Finally, Royal Bank Of Canada dropped their price objective on Figma from $38.00 to $31.00 and set a “sector perform” rating for the company in a report on Thursday, February 19th. Four investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $43.25.

Hedge Funds Weigh In On Figma

Institutional investors have recently modified their holdings of the business. Whittier Trust Co. of Nevada Inc. acquired a new stake in Figma in the third quarter valued at about $26,000. NewEdge Advisors LLC bought a new position in shares of Figma in the third quarter worth about $26,000. DV Equities LLC acquired a new stake in shares of Figma in the 4th quarter valued at approximately $26,000. Concord Wealth Partners grew its holdings in shares of Figma by 1,446.8% during the 4th quarter. Concord Wealth Partners now owns 727 shares of the company’s stock valued at $27,000 after purchasing an additional 680 shares during the last quarter. Finally, Harbour Investments Inc. increased its position in Figma by 1,568.2% during the 4th quarter. Harbour Investments Inc. now owns 734 shares of the company’s stock worth $27,000 after purchasing an additional 690 shares in the last quarter.

Key Headlines Impacting Figma

Here are the key news stories impacting Figma this week:

• Positive Sentiment: Large insider buying by a director signals confidence — two separate director purchases announced totaling roughly $36.5M in stock, which can support sentiment about insider conviction. Figma (NYSE:FIG) Director Acquires $14,351,267.70 in Stock
• Positive Sentiment: Another large director buy reported (about $22.18M), further offsetting concerns from insider sales and suggesting long-term insider confidence. Insider Buying: Figma (NYSE:FIG) Director Buys $22,179,800.70 in Stock
• Positive Sentiment: Product/AI partnership: Figma is integrating OpenAI Codex support, which could strengthen its AI-enabled workflow and competitive positioning. Figma partners with OpenAI to bake in support for Codex
• Positive Sentiment: Strategic analysis highlights Figma’s orchestration/MCP network effects as a potential long-term defensibility factor — bullish for durable competitive moat if execution continues. Figma’s orchestration bet: Why MCP network effects redefine software defensibility
• Neutral Sentiment: Market take on incumbents: coverage suggests Figma’s AI credits are pressuring Creative Cloud valuation — could be positive for Figma competitive stance but uncertain in near term. Adobe Valuation Questioned As Figma AI Credits Challenge Creative Cloud
• Negative Sentiment: Executive selling: CTO Kris Rasmussen sold 51,359 shares (~$1.54M) — routine diversification but often viewed negatively by investors when clustered with other selling. SEC Form 4 – Kris Rasmussen
• Negative Sentiment: CRO Shaunt Voskanian also sold 8,554 shares (~$256.6k), adding to the appearance of insider selling pressure. SEC Form 4 – Shaunt Voskanian
• Negative Sentiment: Market action: Benzinga reports FIG slid amid a Friday market rout and rotation out of richly valued tech names — broad macro-driven selling pressure. Figma Stock Slides On AI Competition Amid Friday Market Rout
• Negative Sentiment: Notable criticism: Jim Cramer questioned Figma’s moat, which can weigh on sentiment among retail and momentum investors. Figma (FIG) Doesn’t Have The Moat That It Thinks, Says Jim Cramer

Figma Company 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.