145,828 Shares in FIGS, Inc. (NYSE:FIGS) Acquired by Healthcare of Ontario Pension Plan Trust Fund

Healthcare of Ontario Pension Plan Trust Fund purchased a new position in shares of FIGS, Inc. (NYSE:FIGSGet Rating) during the second quarter, Holdings Channel reports. The firm purchased 145,828 shares of the company’s stock, valued at approximately $1,328,000.

Other large investors have also added to or reduced their stakes in the company. Nisa Investment Advisors LLC acquired a new stake in FIGS during the second quarter worth approximately $42,000. MetLife Investment Management LLC acquired a new stake in FIGS during the first quarter worth approximately $51,000. Howard Capital Management Group LLC acquired a new stake in FIGS during the second quarter worth approximately $99,000. Canada Pension Plan Investment Board acquired a new stake in FIGS during the first quarter worth approximately $101,000. Finally, CLARET ASSET MANAGEMENT Corp acquired a new stake in shares of FIGS in the 2nd quarter valued at $137,000. Institutional investors and hedge funds own 69.55% of the company’s stock.

Analysts Set New Price Targets

FIGS has been the topic of a number of research analyst reports. Oppenheimer reduced their target price on FIGS from $22.00 to $12.00 and set an “outperform” rating on the stock in a report on Thursday, November 17th. Guggenheim reduced their target price on FIGS to $12.00 in a report on Wednesday, November 16th. Credit Suisse Group reduced their target price on FIGS to $12.00 in a report on Wednesday, November 16th. Cowen reduced their target price on FIGS to $6.00 in a report on Wednesday, November 16th. Finally, The Goldman Sachs Group reduced their target price on FIGS from $7.50 to $5.50 and set a “sell” rating on the stock in a report on Monday, November 14th. One research analyst has rated the stock with a sell rating, five have given a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, FIGS currently has an average rating of “Hold” and a consensus target price of $13.43.

FIGS Stock Up 0.3 %

Shares of NYSE:FIGS opened at $6.24 on Friday. The firm has a market cap of $1.04 billion, a P/E ratio of 39.00, a P/E/G ratio of 27.11 and a beta of 1.35. FIGS, Inc. has a 12-month low of $5.55 and a 12-month high of $34.55. The business has a fifty day simple moving average of $7.70 and a 200 day simple moving average of $9.25.

About FIGS

(Get Rating)

FIGS, Inc operates as a direct-to-consumer healthcare apparel and lifestyle company in the United States. It designs and sells healthcare apparel and other non-scrub offerings, such as lab coats, under scrubs, outerwear, activewear, loungewear, compression socks footwear, and masks. It also offers sports bras, performance leggings, tops, super-soft pima cotton tops, vests, and jackets.

Featured Articles

Want to see what other hedge funds are holding FIGS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for FIGS, Inc. (NYSE:FIGSGet Rating).

Institutional Ownership by Quarter for FIGS (NYSE:FIGS)

Receive News & Ratings for FIGS Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FIGS and related companies with MarketBeat.com's FREE daily email newsletter.