Renaissance Technologies LLC lowered its stake in shares of FIGS, Inc. (NYSE:FIGS – Free Report) by 46.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,108,228 shares of the company’s stock after selling 942,973 shares during the period. Renaissance Technologies LLC owned about 0.65% of FIGS worth $6,860,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in FIGS. Vanguard Group Inc. boosted its stake 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 acquiring an additional 153,836 shares in the last quarter. Geode Capital Management LLC boosted its position in FIGS by 3.8% during the third quarter. Geode Capital Management LLC now owns 2,977,364 shares of the company’s stock worth $20,369,000 after purchasing an additional 109,979 shares in the last quarter. State Street Corp boosted its position in 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 purchasing an additional 38,787 shares in the last quarter. Bank of New York Mellon Corp grew 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 purchasing an additional 1,052,384 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new position in shares of FIGS in the fourth quarter valued at $12,152,000. 92.21% of the stock is currently owned by institutional investors and hedge funds.
FIGS Trading Down 3.1 %
NYSE:FIGS opened at $3.96 on Friday. FIGS, Inc. has a 12-month low of $3.57 and a 12-month high of $7.06. The firm has a market cap of $642.77 million, a price-to-earnings ratio of 65.92, a price-to-earnings-growth ratio of 31.62 and a beta of 1.18. The company’s 50-day moving average is $4.66 and its two-hundred day moving average is $5.41.
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FIGS 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.
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