Insider Selling: Funko (NASDAQ:FNKO) CFO Sells 4,000 Shares

Key Points

• Funko CFO Pendeven Yves Le sold 4,000 shares at an average price of $7.00, totaling $28,000. The sale was conducted under a pre-arranged Rule 10b5-1 plan, leaving Le with 42,769 shares.
• Funko shares rose 5.3% to $7.10, near their 52-week high, after the company reported quarterly EPS of $0.26 versus expectations for a $0.21 loss and revenue of $207.7 million, ahead of estimates.
• Analyst sentiment remains mixed: the consensus rating is Hold with a $7.08 price target, although some firms maintain Buy ratings and targets as high as $8.00. Institutional investors own approximately 99.15% of the stock.

Funko, Inc. (NASDAQ:FNKO - Get Free Report) CFO Pendeven Yves Le sold 4,000 shares of the firm's stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $7.00, for a total transaction of $28,000.00. Following the completion of the transaction, the chief financial officer owned 42,769 shares of the company's stock, valued at approximately $299,383. The trade was a 8.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Funko Trading Up 5.3%

Shares of FNKO stock traded up $0.36 during trading hours on Friday, reaching $7.10. 1,442,945 shares of the stock traded hands, compared to its average volume of 959,701. The company has a quick ratio of 0.79, a current ratio of 1.16 and a debt-to-equity ratio of 0.97. The firm has a market capitalization of $397.10 million, a PE ratio of -177.46 and a beta of 0.93. Funko, Inc. has a 1-year low of $2.72 and a 1-year high of $7.35. The business has a fifty day moving average price of $5.86 and a 200 day moving average price of $4.94.

Funko (NASDAQ:FNKO - Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.26 EPS for the quarter, topping analysts' consensus estimates of ($0.21) by $0.47. Funko had a negative net margin of 0.21% and a positive return on equity of 2.61%. The firm had revenue of $207.72 million during the quarter, compared to analyst estimates of $200.96 million. On average, equities research analysts forecast that Funko, Inc. will post 0.34 EPS for the current year.

Key Headlines Impacting Funko

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

Institutional Trading of Funko

A number of institutional investors have recently added to or reduced their stakes in the business. SG Americas Securities LLC increased its position in shares of Funko by 2,249.0% during the first quarter. SG Americas Securities LLC now owns 258,597 shares of the company's stock valued at $815,000 after purchasing an additional 247,588 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in 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 valued at $11,564,000 after buying an additional 3,400,796 shares during the period. Odyssean LLC acquired a new position in shares of Funko in the 4th quarter valued at $98,000. Brown Brothers Harriman & Co. acquired a new position in shares of Funko in the 3rd quarter valued at $86,000. Finally, Engineers Gate Manager LP bought a new position in shares of Funko during the 4th quarter worth about $82,000. 99.15% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

FNKO has been the subject of a number of research reports. Zacks Research upgraded Funko to a "hold" rating in a research report on Wednesday. Wall Street Zen upgraded Funko from a "hold" rating to a "buy" rating in a report on Saturday, August 15th. Weiss Ratings restated a "sell (d-)" rating on shares of Funko in a report on Friday, July 17th. DA Davidson boosted their price objective on shares of Funko from $7.00 to $8.00 and gave the company a "buy" rating in a research report on Friday, August 7th. Finally, Seaport Research Partners began coverage on shares of Funko in a research note on Monday. They issued a "buy" rating and a $8.00 price objective on the stock. One equities research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $7.08.

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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