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One Funko Insider Raised Their Stake In The Previous Year

Insiders were net buyers of Funko, Inc.'s (NASDAQ:FNKO ) stock during the past year. That is, insiders bought more stock than they sold.

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, logic dictates you should pay some attention to whether insiders are buying or selling shares.

See our latest analysis for Funko

The Last 12 Months Of Insider Transactions At Funko

The CFO & COO Steven Nave made the biggest insider purchase in the last 12 months. That single transaction was for US$303k worth of shares at a price of US$5.45 each. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of US$7.41. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

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You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

insider-trading-volume
insider-trading-volume

Funko is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Insider Ownership Of Funko

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. It appears that Funko insiders own 9.2% of the company, worth about US$36m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

So What Do The Funko Insider Transactions Indicate?

The fact that there have been no Funko insider transactions recently certainly doesn't bother us. On a brighter note, the transactions over the last year are encouraging. Overall we don't see anything to make us think Funko insiders are doubting the company, and they do own shares. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Funko. Case in point: We've spotted 2 warning signs for Funko you should be aware of, and 1 of them makes us a bit uncomfortable.

Of course Funko may not be the best stock to buy. So you may wish to see this free collection of high quality companies.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.