Key Points
- Funko CFO Pendeven Yves Le sold 4,000 shares for $28,000 at an average price of $7.00, reducing his stake by 8.55% to 42,769 shares. The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan.
- Funko recently reported stronger-than-expected quarterly results, with EPS of $0.26 versus an expected loss of $0.21 and revenue of $207.72 million versus a $200.96 million estimate.
- Analyst sentiment remains mixed but averages a Hold rating, with an average price target of $7.08; the stock was trading near $7.10, while institutional investors owned 99.15% of outstanding shares.
Funko, Inc. (NASDAQ:FNKO - Get Free Report) CFO Pendeven Yves Le sold 4,000 shares of the firm's stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of $7.00, for a total value of $28,000.00. Following the completion of the sale, the chief financial officer owned 42,769 shares of the company's stock, valued at $299,383. This represents a 8.55% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Funko Price Performance
Shares of NASDAQ:FNKO opened at $7.10 on Friday. The firm has a market capitalization of $397.10 million, a PE ratio of -177.46 and a beta of 0.93. The company has a current ratio of 1.16, a quick ratio of 0.79 and a debt-to-equity ratio of 0.97. Funko, Inc. has a 1-year low of $2.72 and a 1-year high of $7.35. The business's 50 day moving average is $5.90 and its 200-day moving average is $4.96.
Funko (NASDAQ:FNKO - Get Free Report) last issued its earnings results on Thursday, August 6th. The company reported $0.26 EPS for the quarter, beating analysts' consensus estimates of ($0.21) by $0.47. The business had revenue of $207.72 million during the quarter, compared to analyst estimates of $200.96 million. Funko had a positive return on equity of 2.61% and a negative net margin of 0.21%. Sell-side analysts predict that Funko, Inc. will post 0.34 earnings per share for the current year.
Analysts Set New Price Targets
FNKO has been the subject of a number of recent research reports. Seaport Research Partners started coverage on shares of Funko in a research note on Monday. They issued a "buy" rating and a $8.00 price objective for the company. Weiss Ratings reiterated a "sell (d-)" rating on shares of Funko in a research report on Friday, July 17th. Zacks Research raised shares of Funko to a "hold" rating in a research report on Wednesday. DA Davidson raised their price target on shares of Funko from $7.00 to $8.00 and gave the stock a "buy" rating in a research note on Friday, August 7th. Finally, The Goldman Sachs Group reaffirmed a "neutral" rating and set a $6.75 price objective on shares of Funko in a report on Monday, August 10th. One research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $7.08.
View Our Latest Report on FNKO
Institutional Investors Weigh In On Funko
Institutional investors and hedge funds have recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Funko by 850,199.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,401,196 shares of the company's stock worth $11,564,000 after purchasing an additional 3,400,796 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in Funko by 5,627.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 900,360 shares of the company's stock valued at $4,286,000 after purchasing an additional 884,639 shares during the last quarter. Jacobs Levy Equity Management Inc. lifted its holdings in Funko by 434.3% during the 4th quarter. Jacobs Levy Equity Management Inc. now owns 946,845 shares of the company's stock valued at $3,219,000 after purchasing an additional 769,648 shares during the last quarter. Fund 1 Investments LLC lifted its holdings in Funko by 13.4% during the 3rd 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. Finally, Manatuck Hill Partners LLC acquired a new position in Funko in the second quarter valued at about $2,428,000. Institutional investors and hedge funds own 99.15% of the company's stock.
More Funko News
Here are the key news stories impacting Funko this week:
- Positive Sentiment: A Seeking Alpha analysis maintained a Buy rating, citing strong second-quarter EBITDA growth, margin expansion, positive operating cash flow and debt reduction. Management reportedly raised 2026 EBITDA guidance to $105 million—nearly three times the prior-year level—helped by tariff benefits and operational improvements. Funko: Still Cheap Despite +100% Share Price Increase
- Positive Sentiment: Director Charles Denson purchased 72,992 FNKO shares for approximately $500,000, increasing his ownership by 37.22%. The sizable open-market purchase may signal confidence in Funko’s recovery prospects. Charles Denson Purchases 72,992 Shares of Funko Stock
- Positive Sentiment: Recent commentary pointed to improving European performance and accelerating sales of new products, while new licensed releases—including Doctor Who, The Karate Kid and Terrifier 3 collectibles—could support demand and broaden Funko’s product momentum. Funko: More Palatable As Europe And New Product Sales Take Off
- Positive Sentiment: Funko’s latest reported quarter included earnings of $0.26 per share versus an expected loss of $0.21 and revenue of $207.7 million versus an estimate of $201.0 million, reinforcing evidence of an operating turnaround.
- Neutral Sentiment: Zacks Research upgraded Funko to Hold, reflecting a more balanced view after the stock’s substantial recent advance rather than a new bullish catalyst. Zacks Research
- Negative Sentiment: CFO Pendeven Yves Le sold 4,000 shares worth $28,000. However, the transaction was conducted under a pre-arranged Rule 10b5-1 plan, which reduces its significance as a discretionary bearish signal. Funko CFO SEC Filing
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.
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