Senvest Management LLC Invests $84,000 in FIGS, Inc. (NYSE:FIGS)

Senvest Management LLC bought a new stake in shares of FIGS, Inc. (NYSE:FIGS) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 13,526 shares of the company’s stock, valued at approximately $84,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Vanguard Group Inc. lifted its stake in FIGS by 1.2% in the fourth quarter. Vanguard Group Inc. now owns 12,799,729 shares of the company’s stock valued at $79,230,000 after buying an additional 153,836 shares during the period. Geode Capital Management LLC increased its stake in shares of FIGS by 3.8% in the 3rd quarter. Geode Capital Management LLC now owns 2,977,364 shares of the company’s stock valued at $20,369,000 after acquiring an additional 109,979 shares in the last quarter. State Street Corp lifted its position in shares of FIGS by 1.4% during the 3rd quarter. State Street Corp now owns 2,743,494 shares of the company’s stock valued at $18,765,000 after acquiring an additional 38,787 shares during the period. Bank of New York Mellon Corp boosted its stake in FIGS by 83.3% during the fourth quarter. Bank of New York Mellon Corp now owns 2,315,163 shares of the company’s stock worth $14,331,000 after acquiring an additional 1,052,384 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in FIGS in the fourth quarter worth $12,152,000. Institutional investors own 92.21% of the company’s stock.

FIGS Stock Up 7.7 %

Shares of FIGS opened at $4.29 on Monday. The stock has a market cap of $696.40 million, a P/E ratio of 71.42, a P/E/G ratio of 31.62 and a beta of 1.18. The business’s fifty day moving average is $4.79 and its 200 day moving average is $5.48. FIGS, Inc. has a 12-month low of $3.57 and a 12-month high of $7.06.

Analyst Ratings Changes

Separately, Telsey Advisory Group reiterated a “market perform” rating and set a $7.00 price objective on shares of FIGS in a report on Friday, February 28th.

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.