Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Funko Inc shares valued at $183,901 were sold by Daw Tracy D on Dec 20 ’24. At $12.55 per share, Daw Tracy D sold 14,650 shares. The insider’s holdings dropped to 6,362 shares worth approximately $84360.12 following the completion of this transaction.
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Also, TRACY DAW purchased 14,650 shares, netting a total of over 170,526 in proceeds.
Before that, LUNSFORD MICHAEL C had sold 97,000 shares from its account. In a trade valued at $1,008,800, the Director traded Funko Inc shares for $10.40 each. Upon closing the transaction, the insider’s holdings decreased to 97,000 shares, worth approximately $0.15 million.
As published in their initiating research note from B. Riley Securities on April 10, 2024, Funko Inc [FNKO] has been a Buy and the price target has been revised to $10. Analysts at Goldman downgraded the stock from ‘”a Neutral”‘ to ‘”a Sell”‘ outlook in a report released in early February. As of January 12, 2023, Jefferies has decreased its “Buy” rating to a “Hold” for FNKO. Earlier on November 07, 2022, BofA Securities downgraded its rating. Their new recommendation was “a Neutral” for FNKO stock which previously was a “a Buy”.
Analyzing FNKO Stock Performance
During the last five days, there has been a surge of approximately 15.81%. Over the course of the year, Funko Inc shares have jumped approximately 71.54%. Shares of the company reached a 52-week high of $13.40 on 12/26/24 and a 52-week low of $5.36 on 04/16/24. A 50-day SMA is recorded $11.57, while a 200-day SMA reached $9.60. Nevertheless, trading volume fell to 0.68 million shares from 0.3 million shares the previous day.
Support And Resistance Levels for Funko Inc (FNKO)
According to the 24-hour chart, there is a support level at 12.67, which, if violated, would cause prices to drop to 12.09. In the upper region, resistance lies at 13.62. The next price resistance is at 13.99. RSI (Relative Strength Index) is 68.90 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.74, which suggests the price will decrease in the coming days. Percent R is at 5.83%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
