FIGS, Inc. (NYSE:FIGS - Get Free Report) insider Heather L. Hasson sold 3,076 shares of the stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $5.19, for a total value of $15,964.44. Following the transaction, the insider now directly owns 381,076 shares of the company's stock, valued at $1,977,784.44. This trade represents a 0.80 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.
FIGS traded down $0.03 during trading hours on Friday, reaching $5.09. The company's stock had a trading volume of 1,552,864 shares, compared to its average volume of 3,508,350. The company's 50-day moving average is $5.86 and its 200-day moving average is $5.68. FIGS, Inc. has a 52 week low of $4.30 and a 52 week high of $7.98. The firm has a market cap of $864.33 million, a PE ratio of 85.33, a price-to-earnings-growth ratio of 249.12 and a beta of 1.33.
Several institutional investors and hedge funds have recently modified their holdings of the stock. Dakota Wealth Management bought a new stake in shares of FIGS during the second quarter worth approximately $57,000. Verus Capital Partners LLC bought a new stake in FIGS in the 2nd quarter valued at $79,000. Creative Planning boosted its stake in FIGS by 17.7% in the 3rd quarter. Creative Planning now owns 12,697 shares of the company's stock valued at $87,000 after purchasing an additional 1,911 shares during the period. GSA Capital Partners LLP acquired a new position in FIGS in the 3rd quarter valued at $104,000. Finally, Seven Eight Capital LP bought a new position in FIGS during the 2nd quarter worth $144,000. 92.21% of the stock is currently owned by institutional investors and hedge funds.
A number of brokerages have recently issued reports on FIGS. The Goldman Sachs Group upped their price objective on FIGS from $4.25 to $4.75 and gave the stock a "sell" rating in a research note on Friday, August 9th. Barclays cut their price target on shares of FIGS from $5.00 to $4.00 and set an "equal weight" rating for the company in a research note on Tuesday, November 12th. Finally, Telsey Advisory Group restated a "market perform" rating and set a $7.00 price objective on shares of FIGS in a research note on Wednesday, November 13th. Two analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the stock. According to MarketBeat.com, FIGS has a consensus rating of "Hold" and an average target price of $5.40.
Get Our Latest Stock Report on FIGS
FIGS, Inc operates as a direct-to-consumer healthcare apparel and lifestyle company in the United States and internationally. It designs and sells healthcare apparel and scrubwear and non-scrubwear offerings, such as outerwear, underscrubs, footwear, compression socks, lab coats, loungewear, and other apparel.
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