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Yves Le Pendeven, the Chief Financial Officer of Funko, Inc. (NASDAQ:FNKO), recently sold shares valued at approximately $983. According to a Form 4 filing with the Securities and Exchange Commission, Le Pendeven sold 233 shares of Class A Common Stock on April 22, 2025, at a weighted average price of $4.2216 per share. This transaction was executed to cover taxes upon the vesting of restricted stock units, as per a Rule 10b5-1 instruction dated June 14, 2023. The transaction comes as Funko trades near its 52-week low of $3.90, with InvestingPro analysis suggesting the stock is currently undervalued. Investors should note that Funko’s next earnings report is scheduled for May 1, 2025.
In a separate transaction on April 21, 2025, Le Pendeven acquired 859 shares of Class A Common Stock through the vesting of restricted stock units, with no monetary consideration involved. Following these transactions, Le Pendeven holds a total of 41,345 shares directly in the $222.5 million market cap company. InvestingPro subscribers have access to 10 additional key insights and a comprehensive Pro Research Report that provides deeper analysis of Funko’s financial health and growth prospects.
In other recent news, Funko Inc . reported its fourth-quarter 2024 earnings, surpassing both earnings per share (EPS) and revenue forecasts. The company achieved an EPS of $0.08, exceeding the forecast of $0.00, with revenue reaching $293.7 million, surpassing the expected $285.41 million. Despite the positive earnings, Funko revised its 2025 sales guidance, now expecting net sales between $1.05 billion and $1.082 billion, which aligns with figures shared during an earnings call. DA Davidson adjusted its outlook on Funko, lowering the stock target from $16 to $13 while maintaining a Buy rating, citing the impact of tariffs on Chinese goods and shipping disruptions at the Mexican border as factors affecting near-term expectations. Funko’s international sales continue to rise, with the company implementing successful marketing strategies from other regions in the U.S. market. The company is also focusing on expanding its product lines and enhancing operational efficiencies to stimulate growth in the second half of 2025. Despite these efforts, Funko acknowledges potential risks, including tariff impacts, supply chain disruptions, and softening U.S. consumer sentiment.
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