Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Figs, Inc. CFO Sarah Oughtred sells $1.97M in stock.

Figs, Inc. CFO Sarah Oughtred sells $1.97M in stock.

Figs, Inc. CFO Sarah Oughtred recently sold $1.97 million worth of the company's Class A Common Stock. The transactions, which took place on November 11, 2026, involved the sale of 90,000 shares at prices ranging from $21.90 to $22.10 per share, with an average price of $21.92. This sale comes amid a significant surge in FIGS stock, which has risen 139% over the past year, though it is currently considered overvalued.

Following the sale, Oughtred holds 954,007 shares, including 787,947 restricted stock units. Meanwhile, Figs reported strong third-quarter earnings that exceeded expectations, though investors remain cautious about future growth and supply-chain issues. Cantor Fitzgerald upgraded its rating on the company to "overweight" with a price target of $25.00, citing its leadership in the healthcare apparel sector.

Brief written by urgent.news from Investing.com's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

Read the original at investing.com →

More in Finance & Markets

More from Sunday 15 November →