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Director’s Bold Move: Major Investment in Funko Stock

Director’s Bold Move: Major Investment in Funko Stock

New insider activity at Funko ( (FNKO) ) has taken place on March 18, 2025.

Director Jason Harinstein has made a significant investment in Funko by purchasing 15,000 shares of the company’s stock, amounting to a total value of $106,350.

Recent Updates on FNKO stock

Funko Inc. recently reported strong Q4 2024 results, with significant growth in direct-to-consumer sales and international markets. However, challenges such as limited purchases from US retailers, tariffs, and economic uncertainty are expected to impact the first half of 2025. Despite these challenges, Funko remains optimistic about modest top-line growth for the year, driven by strategic initiatives like expanding Pop Yourself and enhancing direct-to-consumer channels. DA Davidson lowered Funko’s price target due to guidance for 2025 being below expectations, primarily because of 20% tariffs on Chinese imports and potential retaliatory tariffs on Vietnamese goods. The company’s Q1 guidance was also below consensus, though international sales continue to grow.

More about Funko

YTD Price Performance: -48.24%

Average Trading Volume: 912,039

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: $389.4M

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