FIGS, Inc. (NYSE:FIGS) Shares Sold by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. lowered its position in shares of FIGS, Inc. (NYSE:FIGS) by 45.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 452,435 shares of the company’s stock after selling 376,738 shares during the period. Landscape Capital Management L.L.C. owned approximately 0.27% of FIGS worth $2,801,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. EntryPoint Capital LLC purchased a new position in FIGS in the fourth quarter worth approximately $214,000. Vanguard Group Inc. grew its holdings in shares of FIGS by 1.2% during the 4th quarter. Vanguard Group Inc. now owns 12,799,729 shares of the company’s stock worth $79,230,000 after purchasing an additional 153,836 shares during the period. KLP Kapitalforvaltning AS acquired a new stake in shares of FIGS during the 4th quarter worth about $147,000. American Century Companies Inc. raised its holdings in FIGS by 15.3% in the 4th quarter. American Century Companies Inc. now owns 1,154,535 shares of the company’s stock valued at $7,147,000 after buying an additional 153,179 shares during the period. Finally, Virtu Financial LLC acquired a new position in FIGS in the fourth quarter valued at about $144,000. Hedge funds and other institutional investors own 92.21% of the company’s stock.

Insiders Place Their Bets

In related news, insider Heather L. Hasson sold 26,855 shares of the business’s stock in a transaction on Monday, January 6th. The stock was sold at an average price of $5.96, for a total transaction of $160,055.80. Following the completion of the transaction, the insider now directly owns 354,221 shares of the company’s stock, valued at $2,111,157.16. The trade was a 7.05 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 22.30% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

FIGS has been the subject of a number of recent analyst reports. The Goldman Sachs Group dropped their price target on shares of FIGS from $5.00 to $4.50 and set a “sell” rating for the company in a research report on Tuesday, December 10th. Telsey Advisory Group reissued a “market perform” rating and issued a $7.00 target price on shares of FIGS in a research report on Friday, February 28th.

FIGS Stock Performance

Shares of FIGS opened at $3.94 on Friday. The stock has a market capitalization of $639.52 million, a PE ratio of 65.58, a P/E/G ratio of 31.62 and a beta of 1.26. The company’s 50-day simple moving average is $5.07 and its 200-day simple moving average is $5.60. FIGS, Inc. has a 1 year low of $3.84 and a 1 year high of $7.06.

FIGS Company Profile

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.