XTX Topco Ltd Buys New Shares in FIGS, Inc. (NYSE:FIGS)

XTX Topco Ltd bought a new stake in shares of FIGS, Inc. (NYSE:FIGS) during the fourth quarter, Holdings Channel reports. The institutional investor bought 29,139 shares of the company’s stock, valued at approximately $180,000.

Other institutional investors have also recently bought and sold shares of the company. Barclays PLC boosted its position in FIGS by 152.5% during the third quarter. Barclays PLC now owns 286,974 shares of the company’s stock worth $1,963,000 after purchasing an additional 173,316 shares during the period. Franklin Resources Inc. lifted its holdings in shares of FIGS by 3.4% in the third quarter. Franklin Resources Inc. now owns 1,120,304 shares of the company’s stock worth $7,461,000 after buying an additional 36,697 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of FIGS by 165.4% in the third quarter. JPMorgan Chase & Co. now owns 598,028 shares of the company’s stock worth $4,091,000 after buying an additional 372,693 shares in the last quarter. Sugar Maple Asset Management LLC bought a new stake in FIGS during the fourth quarter valued at approximately $43,000. Finally, Blue Trust Inc. raised its position in shares of FIGS by 380.0% during the 4th quarter. Blue Trust Inc. now owns 7,407 shares of the company’s stock valued at $51,000 after buying an additional 5,864 shares in the last quarter. Institutional investors and hedge funds own 92.21% of the company’s stock.

FIGS Stock Down 1.5 %

FIGS stock opened at $3.98 on Tuesday. FIGS, Inc. has a twelve month low of $3.57 and a twelve month high of $7.06. The stock has a market cap of $646.83 million, a P/E ratio of 66.33, a PEG ratio of 31.62 and a beta of 1.18. The business’s 50-day moving average price is $4.49 and its 200-day moving average price is $5.29.

Wall Street Analysts Forecast Growth

FIGS has been the subject of a number of analyst reports. The Goldman Sachs Group dropped their target price on shares of FIGS from $4.25 to $3.75 and set a “sell” rating for the company in a report on Tuesday, April 22nd. Morgan Stanley lowered their price objective on shares of FIGS from $4.75 to $4.25 and set an “equal weight” rating for the company in a report on Thursday, April 17th. Finally, Telsey Advisory Group restated a “market perform” rating and issued a $7.00 price objective on shares of FIGS in a report on Friday, February 28th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $5.15.

About 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.