Jesse Jacobs Sells Shares of Funko, Inc.
Jesse Jacobs offloaded 17,419 shares of Funko, Inc. on June 12, 2026.
Key Points
- Jesse Jacobs sold 17,419 shares of Funko, Inc. on June 12, 2026, with shares trading at $5.38.
- Funko, Inc. has a market cap of $306 million, a forward P/E of 24.9, and a beta of 0.936.
- Goldman Sachs maintained a 'hold' rating on Funko, Inc. with a $6.00 price target as of May 11, 2026.
On June 12, 2026, Jesse Jacobs sold 17,419 shares of Funko, Inc. (FNKO) as recorded in recent insider transaction data. The transaction occurred with shares trading at $5.38 on the NasdaqGS. This move is part of the broader insider activity at Funko, Inc.
Other Institutional Activity in Funko, Inc.
Several institutional investors have also been active in Funko, Inc. TCG Capital Management, LP held steady with 12,520,559 shares valued at about $39.4 million. Fund 1 Investments, LLC increased its position by 117,089 shares, ending with 5,365,798 shares worth roughly $16.9 million. On the other hand, BlackRock, Inc. trimmed its stake by 14,125 shares to hold 2,732,025 shares valued at approximately $8.6 million. Meanwhile, Ararat Capital Management LP significantly boosted its holdings by 1,665,662 shares, reaching a total of 2,514,703 shares valued at about $7.9 million. Nomura Holdings Inc. also made a notable increase, adding 1,891,133 shares to hold 2,355,971 shares worth $7.4 million.
Funko, Inc. Stock Snapshot
Shares of NasdaqGS:FNKO traded near $5.38. Funko, Inc. has a market cap of $306 million, with a forward P/E ratio of 24.9 and a beta of 0.936, suggesting less volatility compared to the market. The stock's 52-week range is between $2.22 and $6.09, with a 50-day moving average of $4.72 and a 200-day moving average of $3.84. Funko's current ratio stands at 1.146, indicating a moderate level of liquidity, while its debt-to-equity ratio is 164.894, reflecting a relatively high level of leverage.
Recent Earnings
Funko, Inc. reported revenue of $918.4 million, with a revenue growth rate of 5.3%. However, the company posted a net margin of -6.3% and a return on equity (ROE) of -30.4%, indicating challenges in profitability. The next earnings report is expected on August 6, 2026.
Insider Buying and Selling at Funko, Inc.
In addition to Jesse Jacobs, other insiders were active on June 12, 2026. TCG Capital Management, LP, and Mike Kerns both transacted 17,419 shares, though details on price and value weren't disclosed. These transactions were not part of any pre-planned trading program.
Analysts Set New Price Targets
On May 11, 2026, Goldman Sachs maintained its 'hold' rating on Funko, Inc. with a price target of $6.00. The consensus among analysts is a 'hold' rating, with an average price target of $6.50 based on two analyst opinions.
About Funko, Inc.
Funko, Inc. is a consumer products company known for its pop culture collectibles. Based in Everett, Washington, the company designs, manufactures, and markets licensed products across various categories including movies, TV shows, video games, and music. Funko offers a range of products such as figures, apparel, and homewares, marketed under brands like Pop!, Loungefly, and Funko Soda. The company sells through retailers and online platforms, and is led by CEO Josh Simon.
Bottom Line
The insider sale by Jesse Jacobs and other recent institutional moves highlight active trading interest in Funko, Inc. Investors watch these transactions to gauge sentiment and potential future stock performance. Remember, insider transactions are reported after the fact and may not reflect current holdings.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.
