Short Interest in Figma, Inc. (NYSE:FIG) Rises By 38.0%

15 Apr 2026, 23:02 by Renee Jackson · The Cerbat Gem

Figma, Inc. (NYSE:FIG – Get Free Report) saw a large increase in short interest during the month of March. As of March 31st, there was short interest totaling 39,178,334 shares, an increase of 38.0% from the March 15th total of 28,393,433 shares. Based on an average daily volume of 14,427,576 shares, the short-interest ratio is presently 2.7 days. Currently, 16.2% of the company’s stock are short sold.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on FIG shares. Stifel Nicolaus dropped their price objective on shares of Figma from $40.00 to $30.00 and set a “hold” rating on the stock in a research report on Thursday, February 19th. Royal Bank Of Canada dropped their price objective on shares of Figma from $38.00 to $31.00 and set a “sector perform” rating on the stock in a research report on Thursday, February 19th. The Goldman Sachs Group set a $35.00 price objective on shares of Figma in a research report on Thursday, February 19th. Piper Sandler reissued an “overweight” rating and issued a $35.00 price objective on shares of Figma in a research report on Thursday, February 19th. Finally, Barclays raised shares of Figma to a “neutral” rating in a research report on Thursday, January 8th. Four equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Figma currently has a consensus rating of “Hold” and an average price target of $43.25.

Get Our Latest Stock Analysis on FIG

Figma Trading Up 10.7%

Shares of NYSE FIG traded up $1.97 during mid-day trading on Wednesday, reaching $20.39. The company had a trading volume of 18,264,899 shares, compared to its average volume of 13,730,261. The firm has a 50 day simple moving average of $24.17 and a two-hundred day simple moving average of $35.38. The stock has a market cap of $9.00 billion and a P/E ratio of -6.54. Figma has a 52-week low of $17.65 and a 52-week high of $142.92.

Figma (NYSE:FIG – Get Free Report) last posted its earnings results on Wednesday, February 18th. The company reported $0.08 EPS for the quarter, beating analysts’ consensus estimates of ($0.20) by $0.28. The firm had revenue of $303.78 million for the quarter. Figma had a negative net margin of 121.87% and a negative return on equity of 97.03%. The firm’s revenue for the quarter was up 40.1% on a year-over-year basis.

Insider Buying and Selling

In other Figma news, CRO Shaunt Voskanian sold 8,554 shares of the stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $30.00, for a total value of $256,620.00. Following the sale, the executive directly owned 1,580,181 shares of the company’s stock, valued at approximately $47,405,430. This represents a 0.54% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, General Counsel Brendan Mulligan sold 4,817 shares of the stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $26.30, for a total transaction of $126,687.10. Following the completion of the sale, the general counsel directly owned 825,644 shares in the company, valued at approximately $21,714,437.20. This represents a 0.58% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 1,066,311 shares of company stock worth $30,707,589. Corporate insiders own 45.20% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Whittier Trust Co. of Nevada Inc. purchased a new position in Figma during the 3rd quarter worth $26,000. NewEdge Advisors LLC purchased a new position in Figma during the 3rd quarter worth $26,000. Wilmington Savings Fund Society FSB purchased a new position in Figma during the 3rd quarter worth $27,000. Sunbelt Securities Inc. purchased a new position in Figma during the 3rd quarter worth $30,000. Finally, US Bancorp DE purchased a new position in Figma during the 3rd quarter worth $31,000.

Figma Company Profile

(Get Free Report)

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.