Healthcare of Ontario Pension Plan Trust Fund purchased a new position in shares of FIGS, Inc. (NYSE:FIGS – Get 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 %
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.
- Get a free copy of the StockNews.com research report on FIGS (FIGS)
- Microsoft Shares: Is it Time to Back Up the Truck?
- Institutional Support for Analog Devices Remains High
- Salesforce Cuts Labor, Shows Strong Earnings Despite Challenges
- Three CBD Stocks to Dominate a Budding Industry
- Is the 60/40 Portfolio Mix Still in Vogue?
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.