After recent 10b5-1 sales, Funko (NASDAQ: FNKO) holder plans another stock sale

Funko (FNKO) shares rose 4.9% after Seaport Research initiated coverage with a Buy rating and $8 price target, citing growth in the collector market. The stock closed at $6.88, up 5.8% from the previous close. Funko reported a profitability turnaround and raised full-year adjusted EBITDA guidance to $100–$110 million.

Funko (FNKO) reported Q2 2026 net sales of $207.7M, up 7% y/y, driven by core collectibles revenue of $171.6M (+9%). Gross margin was 56.6% including a $25.4M tariff refund credit; adjusted EBITDA was $40.9M. Full-year net sales guidance is flat to up 3%, and adjusted EBITDA guidance raised to $100M-$110M.

Funko (NASDAQ: FNKO) shares rose 8.8% intraday, closing up 11.4% at $5.88, after the company reported a profitability turnaround and raised full-year adjusted EBITDA guidance to $100–$110 million from $70–$80 million. Funko swung to adjusted EPS of $0.26 and grew revenue 7.4% to $207.7 million, citing margin improvement and a tariff-related benefit.

Funko, Inc. (FNKO) filed an SEC Form 8-K — Results of Operations and Financial Condition. Funko Reports Strong Second Quarter 2026 Financial Results; Reiterates Full-Year Net Sales Outlook and Raises Adjusted EBITDA Guidance --Q2 Net Sales Grew 7%; Core Collectibles Sales Increased 9%; Record Gross Margin; Adjusted EBITDA Well Above Expectation; Debt Reduced by $15M -

The U.S. approved a potential $24.3B sale of 48 Lockheed Martin F-35 fighter jets to Saudi Arabia, including engines and support equipment. The sale aims to bolster Saudi Arabia's defense capabilities and interoperability with U.S. forces, but faces objections from Israel. The deal is part of broader defense cooperation and Saudi Arabia's military modernization efforts under Vision 2030.

Victory Capital (VCTR) reported $356.469B in assets under management for August, up 3.3% from July, with ETF assets rising 12.4% to $23.474B. The company's second-quarter revenue was $435.4M with a 44.5% operating margin. However, the growth's durability depends on net inflows and fee economics, as market appreciation could have driven some gains.