Funko, Inc. (NASDAQ:FNKO) Insider Sells $34,300.29 in Stock

Funko, Inc. (NASDAQ:FNKO - Get Free Report) insider Andrew David Oddie sold 3,867 shares of the firm's stock in a transaction that occurred on Friday, March 7th. The shares were sold at an average price of $8.87, for a total transaction of $34,300.29. Following the completion of the sale, the insider now directly owns 23,200 shares in the company, valued at $205,784. This represents a 14.29 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Andrew David Oddie also recently made the following trade(s):

• On Monday, March 10th, Andrew David Oddie sold 2,563 shares of Funko stock. The stock was sold at an average price of $8.13, for a total transaction of $20,837.19.
• On Thursday, February 6th, Andrew David Oddie sold 359 shares of Funko stock. The stock was sold at an average price of $14.14, for a total transaction of $5,076.26.
• On Monday, January 6th, Andrew David Oddie sold 358 shares of Funko stock. The shares were sold at an average price of $14.00, for a total value of $5,012.00.
• On Thursday, January 2nd, Andrew David Oddie sold 27,712 shares of Funko stock. The stock was sold at an average price of $13.67, for a total value of $378,823.04.

Funko Trading Down 2.2 %

Shares of NASDAQ:FNKO traded down $0.16 on Thursday, reaching $7.22. 1,377,756 shares of the company traded hands, compared to its average volume of 886,205. Funko, Inc. has a 52 week low of $5.36 and a 52 week high of $14.65. The company has a current ratio of 0.96, a quick ratio of 0.64 and a debt-to-equity ratio of 0.44. The business's 50-day simple moving average is $12.79 and its 200 day simple moving average is $12.00. The stock has a market capitalization of $391.01 million, a P/E ratio of -15.04 and a beta of 0.94.

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Hedge Funds Weigh In On Funko

Several institutional investors and hedge funds have recently bought and sold shares of FNKO. New York State Teachers Retirement System purchased a new stake in shares of Funko during the fourth quarter valued at approximately $38,000. Quest Partners LLC raised its holdings in Funko by 160.9% during the 3rd quarter. Quest Partners LLC now owns 6,559 shares of the company's stock valued at $80,000 after buying an additional 4,045 shares during the last quarter. Walleye Capital LLC purchased a new stake in Funko during the 3rd quarter valued at $129,000. Intech Investment Management LLC bought a new stake in Funko in the 4th quarter worth $148,000. Finally, Hsbc Holdings PLC bought a new stake in Funko in the 4th quarter worth $152,000. 99.15% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages recently weighed in on FNKO. DA Davidson decreased their price objective on Funko from $16.00 to $13.00 and set a "buy" rating on the stock in a report on Friday, March 7th. Stifel Nicolaus increased their price target on shares of Funko from $11.00 to $12.00 and gave the company a "hold" rating in a research 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.