FNKO Funko, Inc. Insider Trading

Director Jason Harinstein buys 15,000 FNKO shares at $7.09; stock down 50.4% from 52-week high.

Jason Harinstein, a director, initiated a new position of 15,000 shares at $7.09 on 2025-03-17, representing his first purchase since the data window began. The transaction occurs as Funko trades 50.4% below its 52-week high of $14.50 and has declined 47.0% over the prior 30 days. The company's fundamentals reveal structural challenges: annual revenue declined 4.2% year-over-year to $292.8M, net income for the latest quarter stands at only $4.3M, and the firm posted negative full-year earnings in its most recent fiscal year. Harinstein's cross-ticker track record shows modest positive returns (90-day average +0.2%, 100% win rate across 1 prior buy), but this reflects experience across multiple issuers, not predictive accuracy specific to Funko.

CEO Cynthia W Williams buys 14,000 shares of FNKO at $7.63; stock down -49.1% from 52-week high amid -17.1% revenue decline.

CEO Cynthia W Williams purchased 14,000 shares of Funko (FNKO) at $7.63, establishing an initial 14,000-share position in the company on 2025-03-11. The buy occurs in a period of significant weakness: FNKO trades at $7.38 currently, representing a -49.1% decline from the 52-week high of $14.50, and the company reported annual revenue decline of -17.1% alongside full-year losses. A newly appointed CEO acquiring shares at depressed levels while the business contracts warrants attention to whether this reflects confidence in a turnaround strategy or represents a standard equity compensation structure.

Director LUNSFORD MICHAEL C sold 97,000 shares (89.3% of holdings) at $10.40 on 2024-11-15 for $1,008,800.00

Michael C. Lunsford, a director at Funko Inc., executed a substantial reduction in his equity stake, selling 97,000 shares on 2024-11-15 at $10.40 per share and retaining only 11,613 shares post-transaction. This sale occurred in a backdrop of material company deterioration: annual revenue declined 17.1% year-over-year, the company posted negative net income for its most recent full fiscal year despite reporting $4.3M net income in the latest quarter, and the stock has declined 16.0% over the prior 30 days and 17.2% from its 52-week high of $12.53. The magnitude of the equity reduction—89.3% of pre-transaction holdings—combined with the company's revenue contraction and unprofitability trajectory raises questions about insider confidence in the near-term business trajectory.

Working Capital Advisors (UK) Ltd. sold 2,000,000 shares of FNKO at $8.90 on 2024-07-16; holding reduced 28.1% to 5,129,838 shares. Company unprofitable with -17.1% annual revenue decline.

Working Capital Advisors (UK) Ltd., a 10% owner, executed a $17.8M sale of 2,000,000 shares at $8.90, reducing its stake by 28.1% to 5,129,838 shares remaining. The sale occurs against a backdrop of fundamental deterioration: Funko posted negative net income of $-22.7M in its latest quarter, full-year profitability was negative, and annual revenue contracted 17.1% year-over-year. The current stock price of $9.30 sits 11.3% below the 52-week high and down 11.3% over 30 days, yet the insider's prior five trades at FNKO show a 4-of-5 pattern of well-timed accumulations (positive 90-day returns after buys), contrasting sharply with this sale's context in a profitless, revenue-declining business. The substantial portfolio reduction—not a minor trim—by a major shareholder during a period of negative earnings and declining top-line growth represents a material shift in insider positioning.