Figma Inc (FIG) gets rating Reiterated from Wells Fargo

Anna Perez

Figma Inc’s recent filing unveils that its CFO and Treasurer Melwani Praveer unloaded Company’s shares for reported $0.51 million on Dec 22 ’25. In the deal valued at $40.01 per share,12,714 shares were sold. As a result of this transaction, Melwani Praveer now holds 1,578,425 shares worth roughly $59.71 million.

Then, Melwani Praveer sold 11,137 shares, generating $445,626 in total proceeds. Upon selling the shares at $40.01, the CFO and Treasurer now owns 118,363 shares.

Before that, APM33, LLC bought 13,000 shares. Figma Inc shares valued at $513,240 were divested by the Officer at a price of $39.48 per share.

Wells Fargo reiterated its Figma Inc [FIG] rating to an Equal weight in a research note published on September 04, 2025; the price target was $70. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who remained covering the stock and in early September has reiterated a ‘”an Equal-weight”‘ rating for it. BofA Securities also remained covering FIG and reiterated its “Buy” recommendation on September 04, 2025. Wolfe Research started covering the stock on August 25, 2025. It rated FIG as “a Peer perform”.

Price Performance Review of FIG

On Monday, Figma Inc [NYSE:FIG] saw its stock fall -1.84% to $37.83. Over the last five days, the stock has lost -4.18%. Nevertheless, the stocks have fallen -67.25% over the past one year.

Levels Of Support And Resistance For FIG Stock

The 24-hour chart illustrates a support level at 37.43, which if violated will result in even more drops to 37.04. On the upside, there is a resistance level at 38.45. A further resistance level may holdings at 39.08.

How much short interest is there in Figma Inc?

A steep rise in short interest was recorded in Figma Inc stocks on 2025-12-15, growing by 2.27 million shares to a total of 15.4 million shares. Yahoo Finance data shows the prior-month short interest on 2025-11-14 was 13.13 million shares. There was a rise of 14.72%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on August 25, 2025 when William Blair began covering the stock and recommended ‘”an Outperform”‘ rating.

Knox Daily
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