DA Davidson Comments on Funko’s Q1 Earnings (NASDAQ:FNKO)

Funko, Inc. (NASDAQ:FNKO) – Equities research analysts at DA Davidson issued their Q1 2025 EPS estimates for Funko in a research report issued to clients and investors on Monday, March 10th. DA Davidson analyst L. Weiser expects that the company will earn ($0.48) per share for the quarter. DA Davidson currently has a “Buy” rating and a $13.00 target price on the stock. The consensus estimate for Funko’s current full-year earnings is ($0.12) per share.

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

Funko Price Performance

Shares of FNKO opened at $7.69 on Tuesday. Funko has a fifty-two week low of $5.36 and a fifty-two week high of $14.65. The company has a market capitalization of $416.46 million, a price-to-earnings ratio of -16.02 and a beta of 0.94. The firm has a 50-day simple moving average of $13.15 and a 200-day simple moving average of $12.09. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.64 and a current ratio of 0.96.

Insider Activity at Funko

In related news, insider Tracy D. Daw sold 14,650 shares of the firm’s stock in a transaction dated Friday, December 20th. The shares were sold at an average price of $12.55, for a total value of $183,857.50. Following the completion of the sale, the insider now owns 6,362 shares in the company, valued at $79,843.10. This trade represents a 69.72 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Andrew David Oddie sold 3,867 shares of the stock in a transaction dated Friday, March 7th. The shares were sold at an average price of $8.87, for a total transaction of $34,300.29. Following the completion of the transaction, the insider now directly owns 23,200 shares of the company’s stock, valued at approximately $205,784. This trade represents a 14.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 50,835 shares of company stock worth $639,451 over the last 90 days. Company insiders own 4.81% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. Mackenzie Financial Corp purchased a new position in shares of Funko during the 4th quarter worth approximately $599,000. Wolverine Trading LLC purchased a new position in shares of Funko during the 4th quarter worth approximately $489,000. Vident Advisory LLC increased its stake in shares of Funko by 48.8% during the 4th quarter. Vident Advisory LLC now owns 39,833 shares of the company’s stock worth $533,000 after purchasing an additional 13,057 shares in the last quarter. State of Wyoming increased its stake in shares of Funko by 115.2% during the 4th quarter. State of Wyoming now owns 22,731 shares of the company’s stock worth $304,000 after purchasing an additional 12,169 shares in the last quarter. Finally, Man Group plc purchased a new position in shares of Funko during the 4th quarter worth approximately $293,000. 99.15% of the stock is owned by hedge funds and other institutional investors.

About Funko

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.