Archived explainer. For the current picture see today's FIG page.
Why Is FIGMA INC A (FIG) Stock Down Today?
By the Top Tier Newswire AI Desk · September 2, 2026 at 4:00 PM ET · reviewed against 1 wire stories
FIGMA INC A (FIG) is down -5.53% in the latest session. Our newswire has captured 1 story on FIG across 1 source in the last 36 hours, with AI sentiment reading bearish (avg 38/100).
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Figma Inc A (FIG) fell 5.53% to $25.70 in early trading on Friday driven by a large insider sale and a weak intraday performance. The stock opened with a -1.8% gap down and continued to decline throughout the session. Recent insider selling and a broader market context of mixed software sector performance contributed to the move.
What Happened
Figma General Counsel Brendan Mulligan sold 211,599 shares for $6.3 million under a pre-arranged Rule 10b5-1 trading plan. This sale is part of a larger pattern of insider selling, with 18 insider sales totaling $35.9 million reported in the last 90 days. The stock opened at $26.70, quickly testing the session high of $27.24 before declining to a low of $25.68. The stock closed the session near its low at $25.73, with volume of 7.5 million shares, or 0.4 times the 3-month daily average.
The broader market saw mixed performance, with cybersecurity and AI-related stocks showing strength. Figma was one of several software stocks in focus, though it declined sharply following the insider sale and amid a generally weak price trend. The stock has fallen 5.7% over the last eight sessions.
What The Data Shows
Figma’s fundamentals remain unprofitable, with a trailing twelve-month (TTM) earnings per share (EPS) of -3.10 and a net margin of -123.1%. The stock is trading at a market cap of $14.7 billion, with TTM revenue growth of 43.4%. The 52-week range is $16.60 to $71.48, and the stock has printed 2 fresh 52-week highs and 26 fresh 52-week lows on September 2. Retail sentiment on platforms like Reddit remains limited, with only two posts mentioning Figma in the past seven days.
What To Watch
Figma has no upcoming earnings date scheduled. Investors should monitor coverage breadth and insider activity for further signals.
AI-assisted analysis composed exclusively from headlines and data on the Top Tier newswire. Public view is delayed 4 hours from real time. Not financial advice.
FIG · Sep 2 session (5-min) · -4.78% vs prior close · updated 8:45 PM ETAI sentiment, last 36h · averaged over 1 story · 38/100 bearish
The headlines behind the move
Story flow · 1 story on the wire, last 36h · hover or tap a dot for the headline
10d agoThe Motley FoolBEARISH 38General
Figma General Counsel Sells 211,599 Shares for $6.3 Million
Brendan Mulligan executed sale under pre-arranged Rule 10b5-1 trading plan adopted in May, retaining 727,952 shares worth ~$21 million.
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