Figma, Inc. (NASDAQ:FIG) reported a sale by Chief Revenue Officer Shaunt Voskanian of 8,554 shares of Class A common stock on February 25, 2026, at a per-share price of $30.00. The transaction generated total proceeds of $256,620. After the disposition, Voskanian directly holds 1,580,181 shares of the company.
The sale was executed pursuant to a Rule 10b5-1 trading plan that Voskanian adopted on August 6, 2025, and was disclosed to regulators in a Form 4 filing with the Securities and Exchange Commission.
Figma's equity has seen pronounced volatility over recent periods. The shares are down 74.55% over the past year, though they gained 12.65% in the most recent week. InvestingPro Tips notes the stock has fallen nearly 58% over the last six months. The company currently trades with a market capitalization of $15.77 billion; InvestingPro also provides 11 additional tips for investors assessing the stock.
Recent financials and guidance
Figma posted strong fourth-quarter results, reporting revenue of $303.8 million, a 40% increase year over year, and a figure that surpassed analyst estimates. The company reported adjusted earnings per share of $0.08, compared with a consensus estimate of $0.06.
For fiscal 2026, Figma has issued revenue guidance that implies approximately 30% year-over-year growth, a projection about 7 percentage points higher than consensus expectations. Management highlighted elevated non-GAAP profitability measures: gross margins of 86.2% and non-GAAP operating margins of 14.5%, both of which exceeded analyst estimates contained in public reporting.
Analyst responses
Market reaction among sell-side analysts has been mixed. Piper Sandler reiterated an Overweight rating on Figma and maintained a $35 price target. Conversely, Stifel trimmed its price target to $30 while retaining a Hold rating, and RBC Capital lowered its target to $31 while maintaining a Sector Perform rating. Stifel and RBC cited concerns related to valuation and AI margins as reasons for their adjustments.
Context and implications
The insider sale took place within the framework of a pre-established trading plan and was reported to the SEC. At the same time, Figma's reported top-line acceleration and guidance indicate continued company-level growth and margin strength. The combination of an insider sale, wide recent price swings, and divergent analyst guidance contributes to a layered market picture for shareholders and observers.
All transaction details and company financial metrics above are those disclosed in public filings and analyst note summaries.