Funko, Inc. (NASDAQ:FNKO – Get Free Report) Director Charles Denson acquired 72,992 shares of the company’s stock in a transaction on Monday, August 24th. The shares were purchased at an average cost of $6.85 per share, with a total value of $499,995.20. Following the completion of the purchase, the director directly owned 269,084 shares of the company’s stock, valued at $1,843,225.40. This trade represents a 37.22% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Funko Trading Up 5.3%
Shares of FNKO opened at $7.10 on Friday. The company’s fifty day simple moving average is $5.90 and its 200-day simple moving average is $4.96. The company has a market cap of $397.10 million, a P/E 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 twelve month low of $2.72 and a twelve month high of $7.35.
Funko (NASDAQ:FNKO – Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.26 EPS for the quarter, topping analysts’ consensus estimates of ($0.21) by $0.47. The firm had revenue of $207.72 million during the quarter, compared to analysts’ expectations of $200.96 million. Funko had a negative net margin of 0.21% and a positive return on equity of 2.61%. As a group, analysts expect that Funko, Inc. will post 0.34 EPS for the current year.
Trending Headlines about Funko
- 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
Institutional Investors Weigh In On Funko
A number of institutional investors and hedge funds have recently bought and sold shares of the company. Boothbay Fund Management LLC purchased a new stake in shares of Funko in the 4th quarter worth $63,000. Engineers Gate Manager LP purchased a new position in shares of Funko during the fourth quarter valued at $82,000. Brown Brothers Harriman & Co. bought a new stake in shares of Funko in the third quarter valued at about $86,000. Odyssean LLC purchased a new stake in Funko in the fourth quarter worth about $98,000. Finally, Jain Global LLC purchased a new stake in Funko in the fourth quarter worth about $123,000. 99.15% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
FNKO has been the topic of a number of analyst reports. DA Davidson upped their target price on Funko from $7.00 to $8.00 and gave the company a “buy” rating in a research note on Friday, August 7th. Zacks Research raised Funko to a “hold” rating in a research note on Wednesday. Weiss Ratings restated a “sell (d-)” rating on shares of Funko in a report on Friday, July 17th. Seaport Research Partners assumed coverage on Funko in a research report on Monday. They issued a “buy” rating and a $8.00 price objective on the stock. Finally, Wall Street Zen upgraded Funko from a “hold” rating to a “buy” rating in a research note on Saturday, August 15th. One investment analyst has rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $7.08.
View Our Latest Report on Funko
About Funko
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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