American Century Companies Inc. Raises Stock Holdings in FIGS, Inc. (NYSE:FIGS)

American Century Companies Inc. raised its holdings in shares of FIGS, Inc. (NYSE:FIGS - Free Report) by 15.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,154,535 shares of the company's stock after acquiring an additional 153,179 shares during the quarter. American Century Companies Inc. owned approximately 0.68% of FIGS worth $7,147,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of the business. FMR LLC lifted its position in FIGS by 0.3% during the third quarter. FMR LLC now owns 1,155,092 shares of the company's stock valued at $7,901,000 after purchasing an additional 3,000 shares in the last quarter. Blue Trust Inc. raised its stake in shares of FIGS by 380.0% in the fourth quarter. Blue Trust Inc. now owns 7,407 shares of the company's stock worth $51,000 after buying an additional 5,864 shares during the period. Sugar Maple Asset Management LLC purchased a new position in shares of FIGS during the 4th quarter valued at about $43,000. Cibc World Markets Corp bought a new position in shares of FIGS during the 4th quarter valued at approximately $75,000. Finally, Lane & Associates LLC purchased a new stake in FIGS in the 4th quarter worth approximately $86,000. Institutional investors own 92.21% of the company's stock.

FIGS Stock Down 5.4 %

NYSE FIGS traded down $0.21 during trading hours on Tuesday, reaching $3.62. The company's stock had a trading volume of 1,842,467 shares, compared to its average volume of 2,942,455. FIGS, Inc. has a 1 year low of $3.57 and a 1 year high of $7.06. The company has a market capitalization of $587.51 million, a price-to-earnings ratio of 60.25, a PEG ratio of 31.62 and a beta of 1.18. The firm's 50-day moving average price is $4.91 and its 200-day moving average price is $5.55.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on FIGS shares. The Goldman Sachs Group lowered their price target on shares of FIGS from $5.00 to $4.50 and set a "sell" rating on the stock in a report on Tuesday, December 10th. Telsey Advisory Group restated a "market perform" rating and set a $7.00 target price on shares of FIGS in a research note on Friday, February 28th.

FIGS Company 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.