Funko Inc (NASDAQ: FNKO) is 5.38% higher on its value in year-to-date trading and has touched a low of $5.36 and a high of $14.65 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The FNKO stock was last observed hovering at around $14.04 in the last trading session, with the day’s gains setting it 0.07%.
Currently trading at $14.11, the stock is 3.44% and 10.29% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.03 million and changing 0.50% at the moment leaves the stock 32.75% off its SMA200. FNKO registered 87.88% gain for a year compared to 6-month gain of 64.45%. The firm has a 50-day simple moving average (SMA 50) of $12.7179 and a 200-day simple moving average (SMA200) of $10.58815.
The stock witnessed a 0.64% loss in the last 1 month and extending the period to 3 months gives it a 22.59%, and is 0.79% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.62% over the week and 4.05% over the month.
Funko Inc (FNKO) has around 1269 employees, a market worth around $764.14M and $1.05B in sales. Fwd P/E is 38.86. Profit margin for the company is -2.29%. Distance from 52-week low is 163.25% and -3.69% from its 52-week high. The company has generated returns on investments over the last 12 months (-5.91%).
The EPS is expected to grow by 108.83% this year
185.0 institutions hold shares in Funko Inc (FNKO), with institutional investors hold 99.67% of the company’s shares. The shares outstanding are 52.69M, and float is at 34.81M with Short Float at 10.64%. Institutions hold 89.53% of the Float.
The top institutional shareholder in the company is TCG CAPITAL MANAGEMENT, LP with over 12.52 million shares valued at $122.2 million. The investor’s holdings represent 24.6926 of the FNKO Shares outstanding. As of 2024-06-30, the second largest holder is WORKING CAPITAL ADVISORS (UK) LTD. with 7.13 million shares valued at $69.59 million to account for 14.0612 of the shares outstanding. The other top investors are FUND 1 INVESTMENTS, LLC which holds 4.61 million shares representing 9.086 and valued at over $44.97 million, while COOPER CREEK PARTNERS MANAGEMENT LLC holds 7.7548 of the shares totaling 3.93 million with a market value of $38.38 million.
Funko Inc (FNKO) Insider Activity
The most recent transaction is an insider sale by Oddie Andrew David, the company’s CHIEF COMMERCIAL OFFICER. SEC filings show that Oddie Andrew David sold 27,712 shares of the company’s common stock on Jan 02 ’25 at a price of $13.67 per share for a total of $0.38 million. Following the sale, the insider now owns 20186.0 shares.
Funko Inc disclosed in a document filed with the SEC on Jan 06 ’25 that Oddie Andrew David (CHIEF COMMERCIAL OFFICER) sold a total of 358 shares of the company’s common stock. The trade occurred on Jan 06 ’25 and was made at $14.00 per share for $5012.0. Following the transaction, the insider now directly holds 20186.0 shares of the FNKO stock.
Still, SEC filings show that on Jan 02 ’25, ANDREW ODDIE (Officer) Proposed Sale 44,525 shares at an average price of $13.39 for $0.6 million. The insider now directly holds shares of Funko Inc (FNKO).
