Andrew Mark Perlmutter of Funko, Sells 142012 Shares of Stock at Defense World
August 10, 2023
☀️Trending News
Andrew Mark Perlmutter, President of Funko ($NASDAQ:FNKO), Inc., recently sold 142012 shares of stock at Defense World. Funko, Inc. is a leading provider of pop culture merchandise, with products ranging from collectibles to apparel and accessories. The company has become a household name due to its wide range of popular licenses, including Marvel, DC Comics, Disney, Harry Potter, and more. By investing in the company, Andrew Mark Perlmutter was able to gain a sizeable return on his investment. The company has grown from a small, Seattle-based company into an international business with operations in North America, Europe, and the Asia-Pacific region.
In addition to selling products through traditional retail outlets, the company also has a strong presence in the online marketplace. With a diverse product line and increasing sales reach, Funko, Inc. is an attractive investment opportunity for many investors. The sale is especially significant considering the volatile nature of the stock market and Funko’s wide range of products. With continued success and growth, Funko, Inc. is expected to remain a desirable investment for many investors in the years to come.
Market Price
The stock opened at $7.3 and closed at $7.4, up by 0.8% from last closing price of $7.3. This event was a part of the company’s effort to expand its portfolio and capitalize on growth opportunities in the market. With this stock sale, Andrew Mark Perlmutter has gained significant returns that will add to the company’s financial strength and increase their market valuation. Funko_Sells_142012_Shares_of_Stock_at_Defense_World”>Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Funko. More…
| Total Revenues | Net Income | Net Margin |
| 1.19k | -160.9 | -18.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Funko. More…
| Operations | Investing | Financing |
| -22.03 | -58.01 | 60.27 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Funko. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 897.56 | 634.81 | 4.94 |
Key Ratios Snapshot
Some of the financial key ratios for Funko are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 21.0% | 14.5% | -3.1% |
| FCF Margin | ROE | ROA |
| -5.9% | -8.1% | -2.6% |
Analysis
At GoodWhale, we have completed an analysis of FUNKO’s fundamentals and have developed a ‘Star Chart’ to showcase the company’s strengths and weaknesses. After considering the data, we have concluded that FUNKO is strong in asset and growth but has only a medium level of profitability and is weak in dividend. FUNKO is classified as a ‘rhino’ company – a type of company that has achieved moderate revenue or earnings growth. Analyzing FUNKO further, we have concluded that the company has an intermediate health score of 6/10, considering its cashflows and debt. This suggests that FUNKO is likely to safely ride out any crisis without the risk of bankruptcy. Given FUNKO’s moderate growth and intermediate health score, this company is likely to attract investors who are looking for stability with some room for growth. Those with higher risk tolerance may prefer other types of companies, however, FUNKO will continue to be an appealing option for those seeking a stable long-term investment. More…
Peers
In recent years, Funko Inc has faced intense competition from Nautilus Inc, Kinbasha Gaming International Inc, and Hollywood Bowl Group PLC. While Funko Inc has been able to maintain its position as the leading pop culture consumer products company, its competitors have made significant inroads. Nautilus Inc, in particular, has been able to gain market share by offering a wider range of products and a more efficient distribution network. As the competition between these companies intensifies, it will be interesting to see how each company adapts and evolves.
– Nautilus Inc ($NYSE:NLS)
Nautilus, Inc. is a global fitness company, operating in the United States, Canada, China, and Japan. The company offers strength training and cardiovascular equipment for commercial and home use. Nautilus, Inc. was founded in 1986 and is headquartered in Vancouver, Washington.
– Kinbasha Gaming International Inc ($OTCPK:KNBA)
Hollywood Bowl Group PLC is a ten-pin bowling alley operator in the United Kingdom. As of 2022, it has a market capitalization of 348.98 million pounds and a return on equity of 30.2%. The company operates over 50 bowling alleys across the country.
Summary
Investors in Funko, Inc. have reason to take note of the recent news that President Andrew Mark Perlmutter has sold 142012 shares of the company’s stock. This is an indicator that a bearish sentiment may be present in the market, as insiders are reducing their exposure to the stock. Analysts are closely watching the performance of Funko, Inc.’s stock in the near future to determine if this is a sign of more losses to come.
Other factors that affect the company’s stock price include competitive pressures, quarterly earnings results, and changes in management. Investors should monitor these developments closely to determine if Funko, Inc. is still a lucrative investment opportunity.
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