Funko (NASDAQ:FNKO) Insider Andrew David Oddie Sells 4,844 Shares of Stock

Funko, Inc. (NASDAQ:FNKO) insider Andrew David Oddie sold 4,844 shares of the stock in a transaction on Friday, March 13th. The shares were sold at an average price of $4.13, for a total value of $20,005.72. Following the sale, the insider owned 62,963 shares in the company, valued at $260,037.19. The trade was a 7.14% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Andrew David Oddie also recently made the following trade(s):

• On Monday, March 16th, Andrew David Oddie sold 6,250 shares of Funko stock. The stock was sold at an average price of $3.71, for a total transaction of $23,187.50.
• On Monday, March 9th, Andrew David Oddie sold 5,744 shares of Funko stock. The shares were sold at an average price of $4.35, for a total transaction of $24,986.40.

Funko Trading Down 6.8%

Shares of FNKO opened at $3.85 on Tuesday. Funko, Inc. has a twelve month low of $2.22 and a twelve month high of $7.70. The company has a market cap of $213.25 million, a P/E ratio of -3.10 and a beta of 0.51. The company has a current ratio of 1.19, a quick ratio of 0.85 and a debt-to-equity ratio of 1.09. The company’s fifty day simple moving average is $4.15 and its 200-day simple moving average is $3.56.

Funko (NASDAQ:FNKO) last released its quarterly earnings results on Thursday, March 12th. The company reported $0.05 EPS for the quarter, topping analysts’ consensus estimates of $0.04 by $0.01. The firm had revenue of $273.10 million during the quarter, compared to analysts’ expectations of $260.71 million. Funko had a negative net margin of 7.42% and a negative return on equity of 25.96%. As a group, analysts expect that Funko, Inc. will post -0.12 EPS for the current year.

Analysts Set New Price Targets

FNKO has been the topic of several recent analyst reports. The Goldman Sachs Group increased their price target on Funko from $3.50 to $4.00 and gave the stock a “neutral” rating in a report on Monday. Truist Financial set a $6.50 price objective on Funko in a report on Friday. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Funko in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Funko presently has a consensus rating of “Hold” and an average target price of $5.83.

Hedge Funds Weigh In On Funko

A number of hedge funds have recently added to or reduced their stakes in the stock. Royal Bank of Canada increased its position in shares of Funko by 95.3% during the first quarter. Royal Bank of Canada now owns 32,345 shares of the company’s stock worth $222,000 after acquiring an additional 15,782 shares during the period. AQR Capital Management LLC raised its stake in shares of Funko by 343.6% during the first quarter. AQR Capital Management LLC now owns 340,130 shares of the company’s stock valued at $2,333,000 after acquiring an additional 263,451 shares in the last quarter. Jane Street Group LLC boosted its holdings in shares of Funko by 296.6% in the first quarter. Jane Street Group LLC now owns 74,124 shares of the company’s stock valued at $508,000 after purchasing an additional 55,436 shares during the period. Geode Capital Management LLC grew its stake in Funko by 5.4% in the second quarter. Geode Capital Management LLC now owns 867,243 shares of the company’s stock worth $4,129,000 after purchasing an additional 44,448 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd grew its stake in Funko by 33.7% in the second quarter. Dynamic Technology Lab Private Ltd now owns 57,713 shares of the company’s stock worth $275,000 after purchasing an additional 14,555 shares in the last quarter. 99.15% of the stock is currently owned by institutional investors.

Key Funko News

Here are the key news stories impacting Funko this week:

• Neutral Sentiment: Goldman Sachs raised its price target on FNKO from $3.50 to $4.00 but kept a “neutral” rating — a modest upward revision (about a 3.9% upside from the current price) that stops short of a bullish endorsement. Goldman Sachs PT Rise
• Negative Sentiment: CFO Pendeven Yves Le sold shares on March 13 and March 16 (3,199 @ $4.14 and 2,832 @ $3.74), trimming his stake by roughly 4–6% across the two trades — insider disposals from a senior officer can increase selling pressure and raise investor concern about near‑term prospects. SEC Filing
• Negative Sentiment: Director/insider Andrew David Oddie sold shares on March 13 and March 16 (4,844 @ $4.13 and 6,250 @ $3.71), reducing his stake by ~7–8% — another sizable insider reduction that may weigh on sentiment. SEC Filing
• Negative Sentiment: Insider Husnal Shah sold shares on March 13 and March 16 (2,358 @ $4.15 and 3,651 @ $3.73), cutting ownership by double‑digit percentages (16–18%), a relatively large reduction that could amplify downward pressure. SEC Filing

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.