Funko, Inc. (NASDAQ:FNKO - Get Free Report) CFO Pendeven Yves Le sold 2,832 shares of the company's stock in a transaction on Monday, March 16th. The stock was sold at an average price of $3.74, for a total transaction of $10,591.68. Following the completion of the transaction, the chief financial officer directly owned 58,074 shares in the company, valued at $217,196.76. This trade represents a 4.65% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.
Pendeven Yves Le also recently made the following trade(s):
- On Friday, March 13th, Pendeven Yves Le sold 3,199 shares of Funko stock. The stock was sold at an average price of $4.14, for a total value of $13,243.86.
- On Monday, March 9th, Pendeven Yves Le sold 1,192 shares of Funko stock. The shares were sold at an average price of $4.34, for a total value of $5,173.28.
Funko Stock Performance
Shares of NASDAQ FNKO opened at $3.85 on Tuesday. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.19 and a quick ratio of 0.85. Funko, Inc. has a one year low of $2.22 and a one year high of $7.70. The business's 50-day moving average price is $4.15 and its two-hundred day moving average price is $3.56. The company has a market capitalization of $213.25 million, a P/E ratio of -3.10 and a beta of 0.51.
Funko (NASDAQ:FNKO - Get Free Report) last posted its quarterly earnings results on Thursday, March 12th. The company reported $0.05 earnings per share for the quarter, topping analysts' consensus estimates of $0.04 by $0.01. The company had revenue of $273.10 million during the quarter, compared to the consensus estimate of $260.71 million. Funko had a negative return on equity of 25.96% and a negative net margin of 7.42%. Analysts anticipate that Funko, Inc. will post -0.12 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in FNKO. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Funko by 850,199.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,401,196 shares of the company's stock valued at $11,564,000 after acquiring an additional 3,400,796 shares during the last quarter. Hosking Partners LLP acquired a new stake in Funko in the 3rd quarter worth approximately $4,853,000. JPMorgan Chase & Co. boosted its position in Funko by 5,627.1% during the second quarter. JPMorgan Chase & Co. now owns 900,360 shares of the company's stock worth $4,286,000 after purchasing an additional 884,639 shares during the period. Jacobs Levy Equity Management Inc. boosted its position in Funko by 434.3% during the fourth quarter. Jacobs Levy Equity Management Inc. now owns 946,845 shares of the company's stock worth $3,219,000 after purchasing an additional 769,648 shares during the period. Finally, Fund 1 Investments LLC grew its holdings in Funko by 13.4% during the third quarter. Fund 1 Investments LLC now owns 5,413,887 shares of the company's stock valued at $18,624,000 after purchasing an additional 640,000 shares during the last quarter. Institutional investors and hedge funds own 99.15% of the company's stock.
Key Stories Impacting Funko
Here are the key news stories impacting Funko this week:
- Neutral Sentiment: Goldman Sachs raised its price target on FNKO from $3.50 to $4.00 but kept a "neutral" rating — a modest upward revision (about a 3.9% upside from the current price) that stops short of a bullish endorsement. Goldman Sachs PT Rise
- Negative Sentiment: CFO Pendeven Yves Le sold shares on March 13 and March 16 (3,199 @ $4.14 and 2,832 @ $3.74), trimming his stake by roughly 4–6% across the two trades — insider disposals from a senior officer can increase selling pressure and raise investor concern about near‑term prospects. SEC Filing
- Negative Sentiment: Director/insider Andrew David Oddie sold shares on March 13 and March 16 (4,844 @ $4.13 and 6,250 @ $3.71), reducing his stake by ~7–8% — another sizable insider reduction that may weigh on sentiment. SEC Filing
- Negative Sentiment: Insider Husnal Shah sold shares on March 13 and March 16 (2,358 @ $4.15 and 3,651 @ $3.73), cutting ownership by double‑digit percentages (16–18%), a relatively large reduction that could amplify downward pressure. SEC Filing
Wall Street Analyst Weigh In
FNKO has been the topic of several recent research reports. Truist Financial set a $6.50 price objective on shares of Funko in a research report on Friday. Weiss Ratings reissued a "sell (d-)" rating on shares of Funko in a research report on Thursday, January 22nd. Finally, The Goldman Sachs Group raised their price target on shares of Funko from $3.50 to $4.00 and gave the company a "neutral" rating in a report on Monday. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Funko has a consensus rating of "Hold" and an average target price of $5.83.
Read Our Latest Analysis on FNKO
About Funko
(
Get Free Report)
Funko, Inc is a pop culture consumer products company best known for its stylized vinyl figures, apparel, accessories and other licensed collectible goods. The company's signature product line, Funko Pop!, features bobblehead-style figurines that showcase characters from a wide array of entertainment franchises, including film, television, gaming, sports and music. In addition to vinyl figurines, Funko's portfolio encompasses plush toys, action figures, stationery, home goods and novelty items, all leveraging licensing agreements with major global brands.
Founded in 1998 by Mike Becker in Washington state, Funko initially focused on creating nostalgic bobbleheads before expanding its product offerings under current leadership.
Further Reading
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