Charles Schwab Investment Management Inc. Has $5.85 Million Holdings in Funko, Inc. (NASDAQ:FNKO)

Charles Schwab Investment Management Inc. increased its position in shares of Funko, Inc. (NASDAQ:FNKO - Free Report) by 54.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 436,555 shares of the company's stock after acquiring an additional 154,519 shares during the period. Charles Schwab Investment Management Inc. owned about 0.81% of Funko worth $5,845,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. JPMorgan Chase & Co. increased its holdings in Funko by 5,486.5% in the third quarter. JPMorgan Chase & Co. now owns 829,200 shares of the company's stock worth $10,133,000 after buying an additional 814,357 shares during the last quarter. TBH Global Asset Management LLC bought a new position in shares of Funko during the 4th quarter valued at $2,748,000. FMR LLC raised its holdings in shares of Funko by 1,541.0% during the 3rd quarter. FMR LLC now owns 57,649 shares of the company's stock valued at $704,000 after purchasing an additional 54,136 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in Funko in the third quarter worth $860,000. Finally, Barclays PLC increased its position in Funko by 278.5% during the third quarter. Barclays PLC now owns 40,972 shares of the company's stock worth $501,000 after buying an additional 30,147 shares during the last quarter. Hedge funds and other institutional investors own 99.15% of the company's stock.

Insider Buying and Selling

In other news, Director Jason Harinstein acquired 15,000 shares of the firm's stock in a transaction dated Monday, March 17th. The shares were bought at an average price of $7.09 per share, with a total value of $106,350.00. Following the acquisition, the director now owns 15,000 shares of the company's stock, valued at $106,350. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Tracy D. Daw sold 18,608 shares of the stock in a transaction on Tuesday, March 18th. The shares were sold at an average price of $7.14, for a total transaction of $132,861.12. Following the completion of the transaction, the insider now owns 26,332 shares of the company's stock, valued at approximately $188,010.48. This represents a 41.41 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 58,029 shares of company stock valued at $611,475. 4.81% of the stock is owned by company insiders.

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Funko Stock Performance

NASDAQ:FNKO traded down $0.39 during mid-day trading on Friday, hitting $6.65. 1,018,571 shares of the company's stock traded hands, compared to its average volume of 691,147. The firm has a market capitalization of $362.66 million, a price-to-earnings ratio of -13.85 and a beta of 0.94. The firm has a 50 day moving average of $11.45 and a two-hundred day moving average of $11.79. The company has a current ratio of 0.96, a quick ratio of 0.64 and a debt-to-equity ratio of 0.44. Funko, Inc. has a 12 month low of $5.36 and a 12 month high of $14.65.

Analysts Set New Price Targets

Several analysts have recently issued reports on FNKO shares. DA Davidson decreased their price target on Funko from $16.00 to $13.00 and set a "buy" rating for the company in a research note on Friday, March 7th. Stifel Nicolaus increased their price target on Funko from $11.00 to $12.00 and gave the company a "hold" rating in a report on Friday, January 3rd.

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.