American Century Companies Inc. Acquires 106,037 Shares of Funko, Inc. (NASDAQ:FNKO)

American Century Companies Inc. lifted its holdings in Funko, Inc. (NASDAQ:FNKO - Free Report) by 18.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 680,231 shares of the company's stock after acquiring an additional 106,037 shares during the quarter. American Century Companies Inc. owned approximately 1.26% of Funko worth $9,108,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the business. Rhumbline Advisers raised its position in Funko by 1.9% in the 4th quarter. Rhumbline Advisers now owns 50,050 shares of the company's stock valued at $670,000 after purchasing an additional 951 shares during the last quarter. New York State Teachers Retirement System acquired a new stake in shares of Funko in the fourth quarter valued at $38,000. SG Americas Securities LLC raised its holdings in shares of Funko by 64.8% in the fourth quarter. SG Americas Securities LLC now owns 18,294 shares of the company's stock valued at $245,000 after buying an additional 7,195 shares during the last quarter. AlphaQuest LLC lifted its position in Funko by 115.8% during the 4th quarter. AlphaQuest LLC now owns 14,154 shares of the company's stock worth $190,000 after buying an additional 7,595 shares in the last quarter. Finally, Skandinaviska Enskilda Banken AB publ grew its holdings in Funko by 68.4% during the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 23,826 shares of the company's stock worth $325,000 after acquiring an additional 9,681 shares during the last quarter. 99.15% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

FNKO has been the subject of a number of research analyst reports. Stifel Nicolaus boosted their target price on shares of Funko from $11.00 to $12.00 and gave the stock a "hold" rating in a research note on Friday, January 3rd. DA Davidson dropped their price objective on shares of Funko from $16.00 to $13.00 and set a "buy" rating for the company in a research report on Friday, March 7th.

Insider Buying and Selling at Funko

In related news, Director Jason Harinstein acquired 15,000 shares of the firm's stock in a transaction that occurred on Monday, March 17th. The stock was acquired at an average cost of $7.09 per share, with a total value of $106,350.00. Following the completion of the purchase, the director now directly owns 15,000 shares in the company, valued at approximately $106,350. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Tracy D. Daw sold 18,608 shares of the stock in a transaction dated Tuesday, March 18th. The shares were sold at an average price of $7.14, for a total value of $132,861.12. Following the completion of the transaction, the insider now directly owns 26,332 shares in the company, valued at $188,010.48. The trade was a 41.41 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 29,959 shares of company stock valued at $227,640. 4.81% of the stock is currently owned by insiders.

Funko Trading Down 5.3 %

Shares of NASDAQ FNKO traded down $0.28 during mid-day trading on Monday, hitting $4.98. The company's stock had a trading volume of 1,593,352 shares, compared to its average volume of 709,985. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.96 and a quick ratio of 0.64. The stock has a market cap of $271.58 million, a price-to-earnings ratio of -10.38 and a beta of 0.75. The company's fifty day simple moving average is $10.47 and its 200-day simple moving average is $11.56. Funko, Inc. has a one year low of $4.78 and a one year high of $14.65.

Funko Company Profile

Funko, Inc, a pop culture consumer products company, designs, sources, and distributes licensed pop culture products in the United States, Europe, and internationally. The company provides media and entertainment content, including movies, television (TV) shows, video games, music, and sports; figures, handbags, backpacks, wallets, apparel, accessories, plush products, homewares, and digital non-fungible tokens; and art prints and vinyl records, posters, soundtracks, toys, books, games, and other collectibles.