Mike Kerns Purchases Funko, Inc. Shares

On June 12, Mike Kerns bought 17,419 shares of Funko, Inc., reflecting insider confidence.

Written by EarningsIQ · Published Jun 16, 2026, 2:03 AM EDT · Updated Jun 16, 2026, 12:01 PM EDT

Key Points

Mike Kerns purchased 17,419 shares of Funko, Inc. on June 12, 2026, reflecting insider confidence in the company.
Funko, Inc. trades on NasdaqGS at $5.38 per share, with a market cap of approximately $306 million and a forward P/E of 24.9.
Analyst consensus targets Funko, Inc. at a mean price of $6.50, with recent ratings from Goldman Sachs and DA Davidson.

Mike Kerns, an insider at Funko, Inc., made a move on June 12, 2026, by purchasing 17,419 shares of the company. This transaction did not appear to be part of a pre-planned trading scheme. The shares were acquired at a time when Funko's stock was trading around $5.38 on the NasdaqGS.

Insider Buying and Selling at Funko, Inc.

On the same day, other insiders like Jesse Jacobs and TCG Capital Management, LP were also active, buying and selling shares. Each of them traded 17,419 shares, mirroring Kerns' activity. These moves suggest a significant level of insider engagement with the company's stock.

Other Institutional Activity in Funko, Inc.

Several institutional investors have been adjusting their positions in Funko. TCG Capital Management, LP held steady with 12,520,559 shares valued at about $39.4 million. Fund 1 Investments, LLC increased its holdings by 117,089 shares, bringing its total to 5,365,798 shares worth $16.9 million. On the other hand, BlackRock, Inc. reduced its stake by 14,125 shares, leaving it with 2,732,025 shares valued at approximately $8.6 million. Ararat Capital Management LP and Nomura Holdings Inc. both significantly increased their positions, adding 1,665,662 and 1,891,133 shares, respectively.

Funko, Inc. Stock Snapshot

Shares of Funko, Inc. (NasdaqGS: FNKO) traded near $5.38. The company has a market cap of about $306 million and a forward P/E ratio of 24.9, indicating expectations of future earnings growth. Funko's stock has experienced a 52-week range from $2.22 to $6.09. It has a 50-day moving average of $4.72 and a 200-day moving average of $3.84. The current ratio sits at 1.146, while the quick ratio is 0.594, with a debt-to-equity ratio of 164.894.

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 analyst consensus sees the stock with a mean target price of $6.50, based on two opinions. DA Davidson also maintains a 'buy' rating with a target of $7.00, indicating a positive outlook from some analysts.

About Funko, Inc.

Funko, Inc. is a consumer products company specializing in pop culture items. Based in Everett, Washington, the company designs, manufactures, and sells a variety of licensed collectibles, including figures, apparel, and accessories. Funko markets its products through various brands like Pop!, Loungefly, and Funko Soda, catering to fans of movies, TV shows, music, and sports. Led by CEO Josh Simon, the company employs over 1,100 people and operates internationally.

Bottom Line

Mike Kerns' recent purchase of Funko, Inc. shares is a notable insider activity that may reflect confidence in the company's prospects. Funko, known for its pop culture merchandise, has a forward-looking market presence with a notable P/E ratio. Analyst opinions remain mixed, with targets suggesting potential for price appreciation. As always, it's important to remember that 13F filings and insider transactions provide a historical snapshot and may not reflect current holdings.