---
title: "Sumitomo Mitsui Trust Group Inc. Acquires New Stake in Figma, Inc. $FIG"
description: "Sumitomo Mitsui Trust Group Inc. acquired a new stake in Figma, Inc. (NYSE:FIG) during Q3, purchasing 213,517 shares valued at approximately $11.08 million. Other investors also increased their positi"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/272910554.md"
published_at: "2026-01-18T11:21:43.000Z"
---

# Sumitomo Mitsui Trust Group Inc. Acquires New Stake in Figma, Inc. $FIG

> Sumitomo Mitsui Trust Group Inc. acquired a new stake in Figma, Inc. (NYSE:FIG) during Q3, purchasing 213,517 shares valued at approximately $11.08 million. Other investors also increased their positions in Figma. Analysts have recently downgraded Figma's price targets, with Morgan Stanley lowering it from $65 to $48. Figma's stock has seen a significant drop since its IPO, and insiders sold over 5.5 million shares last quarter. The company reported a revenue increase of 38% year-over-year, with earnings per share of $0.10, surpassing estimates.

Sumitomo Mitsui Trust Group Inc. bought a new position in Figma, Inc. (NYSE:FIG - Free Report) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 213,517 shares of the company's stock, valued at approximately $11,075,000. Sumitomo Mitsui Trust Group Inc. owned 0.05% of Figma as of its most recent SEC filing.

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Other large investors have also recently made changes to their positions in the company. Elite Wealth Management Inc. bought a new position in shares of Figma in the third quarter worth about $1,333,000. Lattice Capital Management LLC purchased a new stake in Figma in the 3rd quarter valued at about $384,000. SG Americas Securities LLC bought a new position in Figma in the 3rd quarter worth about $5,815,000. CoreCap Advisors LLC purchased a new position in shares of Figma during the third quarter worth approximately $57,000. Finally, North Star Investment Management Corp. purchased a new position in shares of Figma during the third quarter worth approximately $62,000.

## Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on FIG. Morgan Stanley cut their price target on Figma from $65.00 to $48.00 and set an "equal weight" rating on the stock in a report on Thursday. Royal Bank Of Canada dropped their price objective on Figma from $65.00 to $38.00 and set a "sector perform" rating on the stock in a research report on Monday, January 5th. The Goldman Sachs Group initiated coverage on shares of Figma in a report on Monday, January 12th. They issued a "neutral" rating and a $40.00 target price for the company. Piper Sandler lowered their price target on shares of Figma from $85.00 to $70.00 and set an "overweight" rating on the stock in a report on Thursday, November 6th. Finally, Stifel Nicolaus started coverage on shares of Figma in a research report on Wednesday, January 7th. They issued a "hold" rating and a $40.00 price objective on the stock. Four equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Figma has a consensus rating of "Hold" and an average price target of $52.13.

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**Check Out Our Latest Stock Analysis on FIG**

## Insider Transactions at Figma

In other Figma news, General Counsel Brendan Mulligan sold 80,934 shares of the firm's stock in a transaction that occurred on Monday, November 10th. The shares were sold at an average price of $43.47, for a total transaction of $3,518,200.98. Following the completion of the transaction, the general counsel directly owned 913,181 shares of the company's stock, valued at approximately $39,695,978.07. This trade represents a 8.14% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CRO Shaunt Voskanian sold 403,335 shares of Figma stock in a transaction that occurred on Monday, November 10th. The shares were sold at an average price of $43.39, for a total transaction of $17,500,705.65. Following the sale, the executive owned 1,617,326 shares of the company's stock, valued at approximately $70,175,775.14. The trade was a 19.96% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 5,504,322 shares of company stock valued at $208,922,546 in the last quarter. Insiders own 45.20% of the company's stock.

## Figma Trading Down 6.2%

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FIG opened at $29.64 on Friday. The firm has a market capitalization of $12.33 billion and a P/E ratio of -11.06. The firm's 50-day moving average is $37.26. Figma, Inc. has a 52-week low of $29.48 and a 52-week high of $142.92.

Figma (NYSE:FIG - Get Free Report) last released its earnings results 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. The company had revenue of $274.17 million for the quarter. Figma had a negative net margin of 99.32% and a negative return on equity of 84.34%. The firm's revenue for the quarter was up 38.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.04 EPS.

## Figma Profile

(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.

In addition to its core design tool, Figma provides FigJam, a digital whiteboarding solution that facilitates brainstorming sessions, wireframing and diagramming.

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**Want to see what other hedge funds are holding FIG?** Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Figma, Inc. (NYSE:FIG - Free Report).

*This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.*

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### Related Stocks

- [FIG.US - Figma](https://longbridge.com/en/quote/FIG.US.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| Figma｜8-K：2025 财年 Q4 营收 3.04 亿美元 |  | [Link](https://longbridge.com/en/news/276270628.md) |
| 期权热点｜周四 FIG 大涨 6%，部分看涨期权飙升 300% | 美东时间 02 月 19 日，Figma 期权总成交 158096 张，看涨期权占比 79%，看跌期权占比 20%。 | [Link](https://longbridge.com/en/news/276409406.md) |
| 美股盘中速递：Figma 逆势上涨 13.42%，AI 技术助力长期增长信心增强 | Figma 涨 13.42%；Palantir Tech 跌 1.42%，成交额达到 41.48 亿美元；Strategy 跌 0.95%，成交额达到 17.71 亿美元；AppLovin 涨 2.45%，成交额达到 17.27 亿美元；S | [Link](https://longbridge.com/en/news/275494901.md) |
| 深入探讨 Figma 股票：分析师观点（6 项评级） | Figma（纽约证券交易所代码：FIG）在过去三个月内获得了 6 位分析师的混合评级，12 个月的平均目标价为 41.33 美元，比 57.40 美元下降了 28%。最近的评估显示出一系列的行动，包括维持和下调评级。关键洞察显示 Figma | [Link](https://longbridge.com/en/news/276328700.md) |
| 期权热点｜周二 FIG 大跌 10%，部分看跌期权飙升 1200% | 美东时间 02 月 03 日，Figma 期权总成交 83537 张，看涨期权占比 57%，看跌期权占比 42%。 | [Link](https://longbridge.com/en/news/274754377.md) |

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.
