Funko Earlier Reported Kenneth Chan Hsiang-Tze Bought ~112.8K Shares At $7.04/Share
Portfolio Pulse from Benzinga Newsdesk
Kenneth Chan Hsiang-Tze, an insider at Funko, has reportedly purchased approximately 112.8K shares of the company at $7.04 per share, according to a Form 4 filing.
September 13, 2023 | 5:08 pm
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POSITIVE IMPACT
Kenneth Chan Hsiang-Tze's purchase of ~112.8K shares of Funko could indicate confidence in the company's future performance.
Insider buying is often seen as a positive sign by investors, as it could indicate that insiders believe the company's stock is undervalued or that they expect it to perform well in the future. In this case, Kenneth Chan Hsiang-Tze's purchase of ~112.8K shares of Funko could be interpreted as a sign of confidence in the company's future performance, potentially leading to a positive impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100