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Figma, Inc. NASDAQ:FIG Director William R. McDermott acquired 160,000 shares of Class A Common Stock on August 1, 2025. The shares were purchased at a price of $33.0, for a total transaction value of $5,280,000. The stock, currently trading at $79.08, has experienced significant volatility, with InvestingPro data showing it near its 52-week low of $79.00.
Following the transaction, McDermott directly owns 208,179 shares of Figma, Inc. The company maintains strong fundamentals with an impressive 88.5% gross margin and healthy liquidity, reflected in a 3.54 current ratio. InvestingPro subscribers can access 12 additional key insights about Figma’s financial health and market position.
In other recent news, Figma has priced its initial public offering at $33 per share as the company prepares to begin trading on the New York Stock Exchange. The IPO involves approximately 37 million shares of Class A common stock, with Figma itself offering 12.47 million shares and existing stockholders selling 24.46 million shares. The offering is expected to close on August 1, pending customary closing conditions. DA Davidson analysts have expressed optimism about Figma’s public listing, labeling it as "an ideal IPO candidate." The analysts suggest that Figma’s IPO could pave the way for more software IPOs in the next 12 to 18 months. They have estimated a fully diluted market capitalization for Figma between $14.6 billion and $16.4 billion. These recent developments mark a significant milestone for Figma as it enters the public market.
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