Funko Inc’s filing revealed that its Director LUNSFORD MICHAEL C unloaded Company’s shares for reported $56355.0 on Aug 15 ’24. In the deal valued at $9.55 per share,5,900 shares were sold. As a result of this transaction, LUNSFORD MICHAEL C now holds 98,974 shares worth roughly $1.04 million.
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Then, LUNSFORD MICHAEL C sold 100 shares, generating $963 in total proceeds. Upon selling the shares at $9.63, the Director now owns 98,974 shares.
Before that, MICHAEL LUNSFORD bought 5,900 shares. Funko Inc shares valued at $56,355 were divested by the Director at a price of $9.55 per share.
B. Riley Securities initiated its Funko Inc [FNKO] rating to a Buy in a research note published on April 10, 2024; the price target was $10. A number of analysts have revised their coverage, including Goldman’s analysts, who decreased its forecast for the stock in early February from “a Neutral” to “a Sell”. Jefferies also remained covering FNKO and has decreased its forecast on January 12, 2023 with a “Hold” recommendation from previously “Buy” rating. BofA Securities revised its rating on November 07, 2022. It rated FNKO as “a Neutral” which previously was an “a Buy”.
Price Performance Review of FNKO
On Friday, Funko Inc [NASDAQ:FNKO] saw its stock jump 1.06% to $10.47. Over the last five days, the stock has lost -1.13%. Funko Inc shares have risen nearly 35.45% since the year began. Nevertheless, the stocks have risen 51.30% over the past one year. While a 52-week high of $10.73 was reached on 08/27/24, a 52-week low of $5.36 was recorded on 04/16/24. SMA at 50 days reached $9.57, while 200 days put it at $7.81.
Levels Of Support And Resistance For FNKO Stock
The 24-hour chart illustrates a support level at 10.27, which if violated will result in even more drops to 10.07. On the upside, there is a resistance level at 10.59. A further resistance level may holdings at 10.70. The Relative Strength Index (RSI) on the 14-day chart is 59.85, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.10, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 17.81%. Stochastics %K at 74.73% indicates the stock is a holding.
How much short interest is there in Funko Inc?
A steep rise in short interest was recorded in Funko Inc stocks on 2024-08-15, dropping by -0.6 million shares to a total of 5.69 million shares. Yahoo Finance data shows the prior-month short interest on 2024-07-15 was 6.28 million shares. There was a decline of -10.52%, which implies that there is a negative sentiment for the stock.
