Security Benefit Life Insurance Co. sold 565,560 shares of Figs, resulting in an estimated $3.19 million decrease in their net position. This change represents a 1.3% shift in their 13F reportable assets under management. The firm completely exited its stake in Figs, previously accounting for 1.5% of their AUM. As of Nov. 24, 2025, Figs shares were priced at $9.59, showing a 103% increase in the past year. Figs is a healthcare apparel company with a digital-first approach targeting U.S. healthcare professionals. Despite recent stock growth, Figs’ profitability and valuation may pose challenges for investors.
Read more at Nasdaq: Should Investors Sell Figs as Security Benefit Liquidates its $3.3 Million Position in the Stock?
