{
  "id": 20092975,
  "title": "Figs, Inc. CFO Sarah Oughtred sells $1.97M in stock.",
  "url": "https://urgent.news/2026/11/15/figs-inc-cfo-sarah-oughtred-sells-1-97m-in-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-15T01:16:01.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/figs-inc-cfo-sarah-oughtred-sells-197m-in-stock-93CH-5027620"
  },
  "original_language": "en",
  "account": null,
  "summary": "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.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}