Funko Chief Financial Officer Pendeven Le sold 35,907 shares of company stock on September 1st. This transaction reduced his total stake by 50%. Le sold the shares at an average price of $6.51. The total value of the sale reached approximately $233,755. This transaction was part of a pre-arranged Rule 10b5-1 trading plan.
Le previously sold 6,862 shares on August 28th at an average price of $7.02. These transactions significantly reduced the CFO's direct ownership in the company. The sales occurred while Funko's stock price declined over the past week.
Funko recently reported second-quarter earnings that surpassed analyst expectations. The company posted earnings per share of $0.26. Revenue reached $207.72 million, beating consensus estimates. Analysts currently maintain an average Hold rating for the stock.