Funko Inc’s filing revealed that its Director LUNSFORD MICHAEL C unloaded Company’s shares for reported $1.01 million on Nov 15 ’24. In the deal valued at $10.40 per share,97,000 shares were sold. As a result of this transaction, LUNSFORD MICHAEL C now holds 11,613 shares worth roughly $0.14 million.
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Then, MICHAEL LUNSFORD bought 97,000 shares, generating $1,008,800 in total proceeds.
Before that, LUNSFORD MICHAEL C sold 7,361 shares. Funko Inc shares valued at $88,444 were divested by the Director at a price of $12.02 per share. As a result of the transaction, LUNSFORD MICHAEL C now holds 108,613 shares, worth roughly $1.27 million.
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 fall -1.68% to $11.67. Over the last five days, the stock has lost -0.68%. Funko Inc shares have risen nearly 50.97% since the year began. Nevertheless, the stocks have risen 89.45% over the past one year. While a 52-week high of $12.61 was reached on 10/07/24, a 52-week low of $5.36 was recorded on 04/16/24. SMA at 50 days reached $11.60, while 200 days put it at $9.26.
Levels Of Support And Resistance For FNKO Stock
The 24-hour chart illustrates a support level at 11.41, which if violated will result in even more drops to 11.15. On the upside, there is a resistance level at 12.09. A further resistance level may holdings at 12.52. The Relative Strength Index (RSI) on the 14-day chart is 55.72, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.59, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 27.20%. Stochastics %K at 83.52% indicates the stock is a selling.
How much short interest is there in Funko Inc?
A steep rise in short interest was recorded in Funko Inc stocks on 2024-11-15, growing by 0.15 million shares to a total of 3.62 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 3.47 million shares. There was a rise of 4.13%, which implies that there is a positive sentiment for the stock.
