Funko CFO Yves Le Pendeven sells $281,946 in company stock By Investing.com

Yves Le Pendeven, Chief Financial Officer of Funko, Inc. (), recently sold a total of $281,946 worth of company stock across several transactions. The sales occurred between August 28, 2026, and September 1, 2026, with prices ranging from $6.5067 to $7.0154 per share. The timing is notable as the stock has declined roughly 20% over the past week, though it remains up about 71% over the past year. According to InvestingPro analysis, the stock appears undervalued at current levels, with additional insights available through the platform’s comprehensive Pro Research Report.

On August 28, 2026, Mr. Le Pendeven disposed of 6,862 shares of Class A Common Stock at a weighted average price of $7.0154 per share. These shares were sold in multiple transactions at prices ranging from $7.00 to $7.05, inclusive. This transaction was executed under a Rule 10b5-1 trading plan adopted by Mr. Le Pendeven on May 13, 2025.

Subsequently, on September 1, 2026, Mr. Le Pendeven sold an additional 1,833 shares of Class A Common Stock at a price of $6.6 per share. On the same date, he also disposed of 34,074 shares of Class A Common Stock at a weighted average price of $6.5067 per share. These 34,074 shares were sold in multiple transactions at prices ranging from $6.18 to $6.76, inclusive. Both sales on September 1, 2026, were conducted pursuant to a Rule 10b5-1 trading plan adopted on May 13, 2026.

Following these reported transactions, Mr. Le Pendeven beneficially owns 0 shares of Funko Class A Common Stock.

In other recent news, Funko reported a 7% increase in second-quarter sales compared to the previous year, highlighting improved profitability driven by stronger demand for collectibles and an expanded range of new products. The company also raised its adjusted EBITDA outlook for 2026 to between $100 million and $110 million while maintaining its sales forecast at flat to up 3%. Notably, Funko’s normalized gross margin reached a record 44.4%, surpassing previous guidance. The company experienced a significant rise in adjusted EBITDA, moving from a loss of $16.5 million to $40.9 million. Funko’s growth strategy includes new product formats like Pop! Mystery, Bitty Pop!, and Hyper Strike, contributing to its performance. Additionally, Seaport Global Securities initiated coverage of Funko with a Buy rating, citing the rapid expansion of the collector market as a key driver. The firm set a price target of $8, reflecting positive sentiment about the company’s prospects. These developments underscore Funko’s ongoing efforts to capitalize on market trends and improve its financial standing.

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