Aigen Investment Management LP Has $236,000 Holdings in FIGS, Inc. (NYSE:FIGS)

Aigen Investment Management LP boosted its stake in FIGS, Inc. (NYSE:FIGS) by 66.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 38,051 shares of the company’s stock after purchasing an additional 15,211 shares during the period. Aigen Investment Management LP’s holdings in FIGS were worth $236,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Bamco Inc. NY lifted its stake in shares of FIGS by 12.5% in the third quarter. Bamco Inc. NY now owns 30,030,078 shares of the company’s stock worth $205,406,000 after acquiring an additional 3,342,755 shares during the period. Geode Capital Management LLC boosted 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 purchasing an additional 109,979 shares during the last quarter. State Street Corp increased its position in shares of FIGS by 1.4% during the third quarter. State Street Corp now owns 2,743,494 shares of the company’s stock worth $18,765,000 after buying an additional 38,787 shares during the period. Applied Fundamental Research LLC raised its stake in FIGS by 6.1% during the third quarter. Applied Fundamental Research LLC now owns 2,648,281 shares of the company’s stock worth $18,114,000 after buying an additional 152,900 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its holdings in FIGS by 83.3% in the fourth quarter. Bank of New York Mellon Corp now owns 2,315,163 shares of the company’s stock valued at $14,331,000 after buying an additional 1,052,384 shares during the period. 92.21% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on FIGS shares. Telsey Advisory Group reissued a “market perform” rating and issued a $7.00 price objective on shares of FIGS in a research report on Friday, February 28th. Barclays cut their price target on FIGS from $5.00 to $4.00 and set an “equal weight” rating on the stock in a report on Tuesday, November 12th. Finally, The Goldman Sachs Group dropped their target price on shares of FIGS from $5.00 to $4.50 and set a “sell” rating on the stock in a research report on Tuesday, December 10th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $5.35.

Insider Buying and Selling at FIGS

In related news, insider Heather L. Hasson sold 26,855 shares of the firm’s stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $5.96, for a total value of $160,055.80. Following the transaction, the insider now owns 354,221 shares of the company’s stock, valued at approximately $2,111,157.16. This trade represents a 7.05 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 22.30% of the stock is currently owned by company insiders.

FIGS Stock Down 0.9 %

Shares of NYSE:FIGS opened at $4.83 on Monday. FIGS, Inc. has a twelve month low of $4.30 and a twelve month high of $7.06. The stock’s 50 day moving average is $5.61 and its 200-day moving average is $5.75. The firm has a market capitalization of $819.33 million, a price-to-earnings ratio of 80.42, a PEG ratio of 31.62 and a beta of 1.26.

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.