KD Logo

Funko Inc [FNKO] Officer makes an insider purchase of 44,525 shares worth 0.6 million.

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Funko Inc shares valued at $596,190 were purchased by ANDREW ODDIE on Jan 02 ’25. At $13.39 per share, ANDREW ODDIE acquired 44,525 shares.

Also, Daw Tracy D sold 14,650 shares, netting a total of over 183,901 in proceeds. Following the sale of shares at $12.55 each, the insider now holds 6,362 shares.

Before that, TRACY DAW had added 14,650 shares to its account. In a trade valued at $170,526, the Officer bought Funko Inc shares for $11.64 each.

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 8.71%. Over the course of the year, Funko Inc shares have jumped approximately 1.61%. Shares of the company reached a 52-week high of $14.07 on 01/02/25 and a 52-week low of $13.40 on 01/02/25. A 50-day SMA is recorded $11.67, while a 200-day SMA reached $9.74. Nevertheless, trading volume fell to 0.77 million shares from 0.68 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 13.31, which, if violated, would cause prices to drop to 13.02. In the upper region, resistance lies at 13.98. The next price resistance is at 14.36. RSI (Relative Strength Index) is 68.88 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.06, which suggests the price will increase in the coming days. Percent R is at 16.55%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.

Most Popular