Key Points
- Insider sale: Tracy Daw sold 12,793 shares on March 18 at an average price of $3.65 for ~$46,694, reducing her position by 21.39% to 47,016 shares; the transaction was disclosed in an SEC Form 4 filing.
- Mixed fundamentals: Funko beat the quarter (EPS $0.05 vs. $0.04; revenue $273.1M vs. $260.7M) but remains unprofitable (ROE −25.96%, net margin −7.42%) and analysts forecast FY EPS of −0.12 with an average rating of "Hold" and target $5.83.
- Market snapshot: Shares trade near $3.46 with a market cap of ~$191.7M and a 1‑year range of $2.22–$7.67, and institutional investors reportedly own about 99.15% of the stock.
Funko, Inc. (NASDAQ:FNKO - Get Free Report) insider Tracy Daw sold 12,793 shares of the company's stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $3.65, for a total value of $46,694.45. Following the completion of the transaction, the insider directly owned 47,016 shares of the company's stock, valued at approximately $171,608.40. This trade represents a 21.39% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
Funko Price Performance
Shares of NASDAQ:FNKO opened at $3.46 on Friday. The firm has a market capitalization of $191.70 million, a PE ratio of -2.79 and a beta of 0.52. The company has a current ratio of 1.19, a quick ratio of 0.85 and a debt-to-equity ratio of 1.09. Funko, Inc. has a 1-year low of $2.22 and a 1-year high of $7.67. The business's 50 day moving average is $4.14 and its 200-day moving average is $3.56.
Funko (NASDAQ:FNKO - Get Free Report) last issued its earnings results on Thursday, March 12th. The company reported $0.05 EPS for the quarter, beating analysts' consensus estimates of $0.04 by $0.01. The business had revenue of $273.10 million during the quarter, compared to analyst estimates of $260.71 million. Funko had a negative return on equity of 25.96% and a negative net margin of 7.42%. Sell-side analysts predict that Funko, Inc. will post -0.12 earnings per share for the current year.
Institutional Trading of Funko
A number of large investors have recently bought and sold shares of FNKO. SG Americas Securities LLC bought a new stake in Funko in the fourth quarter valued at $37,000. Boothbay Fund Management LLC bought a new position in shares of Funko during the fourth quarter valued at $63,000. Engineers Gate Manager LP acquired a new stake in shares of Funko in the 4th quarter valued at $82,000. Brown Brothers Harriman & Co. acquired a new stake in shares of Funko in the 3rd quarter valued at $86,000. Finally, Odyssean LLC bought a new stake in shares of Funko in the 4th quarter worth about $98,000. 99.15% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
A number of equities analysts have recently commented on the stock. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Funko in a report on Thursday, January 22nd. The Goldman Sachs Group upped their target price on shares of Funko from $3.50 to $4.00 and gave the company a "neutral" rating in a research note on Monday. Finally, Truist Financial set a $6.50 price target on shares of Funko in a research report on Friday, March 13th. One analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $5.83.
Read Our Latest Stock Report on Funko
Funko Company Profile
(
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.
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