Funko (NASDAQ:FNKO) Upgraded at DA Davidson

DA Davidson upgraded shares of Funko (NASDAQ:FNKO) to a strong-buy rating in a research report sent to investors on Monday,Zacks.com reports. DA Davidson also issued estimates for Funko’s Q1 2025 earnings at ($0.48) EPS, FY2025 earnings at ($0.07) EPS and FY2026 earnings at $0.50 EPS.

Separately, Stifel Nicolaus increased their price target on shares of Funko from $11.00 to $12.00 and gave the company a “hold” rating in a research report on Friday, January 3rd.

Funko Stock Down 1.2 %

FNKO stock opened at $4.02 on Monday. The stock has a market cap of $219.23 million, a P/E ratio of -8.38 and a beta of 0.75. The company has a current ratio of 0.96, a quick ratio of 0.64 and a debt-to-equity ratio of 0.44. The stock’s fifty day simple moving average is $8.79 and its two-hundred day simple moving average is $11.11. Funko has a 1-year low of $3.90 and a 1-year high of $14.65.

Insider Buying and Selling at Funko

In other news, Director Jason Harinstein purchased 15,000 shares of the business’s stock in a transaction dated Monday, March 17th. The stock was bought at an average price of $7.09 per share, for a total transaction of $106,350.00. Following the purchase, the director now owns 15,000 shares of the company’s stock, valued at $106,350. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Tracy D. Daw sold 18,608 shares of Funko stock in a transaction dated Tuesday, March 18th. The stock was sold at an average price of $7.14, for a total value of $132,861.12. Following the completion of the sale, the insider now directly owns 26,332 shares of the company’s stock, valued at approximately $188,010.48. This trade represents a 41.41 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 29,959 shares of company stock valued at $227,640. Company insiders own 4.81% of the company’s stock.

Institutional Trading of Funko

Institutional investors have recently modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Funko by 4.9% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,783 shares of the company’s stock valued at $238,000 after acquiring an additional 828 shares during the period. Rhumbline Advisers grew its position in shares of Funko by 1.9% in the fourth quarter. Rhumbline Advisers now owns 50,050 shares of the company’s stock valued at $670,000 after purchasing an additional 951 shares in the last quarter. Price T Rowe Associates Inc. MD raised its stake in shares of Funko by 6.2% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 41,181 shares of the company’s stock valued at $552,000 after purchasing an additional 2,413 shares during the period. Invesco Ltd. lifted its holdings in Funko by 1.8% during the 4th quarter. Invesco Ltd. now owns 150,771 shares of the company’s stock worth $2,019,000 after purchasing an additional 2,668 shares in the last quarter. Finally, New York State Teachers Retirement System bought a new position in Funko in the 4th quarter worth about $38,000. 99.15% of the stock is currently owned by hedge funds and other institutional investors.

Funko Company Profile

Funko, Inc, a pop culture consumer products company, designs, sources, and distributes licensed pop culture products in the United States, Europe, and internationally. The company provides media and entertainment content, including movies, television (TV) shows, video games, music, and sports; figures, handbags, backpacks, wallets, apparel, accessories, plush products, homewares, and digital non-fungible tokens; and art prints and vinyl records, posters, soundtracks, toys, books, games, and other collectibles.