Pendeven Yves Le Sells 2,490 Shares of Funko, Inc. (NASDAQ:FNKO) Stock

Funko, Inc. (NASDAQ:FNKO - Get Free Report) CFO Pendeven Yves Le sold 2,490 shares of the company's stock in a transaction that occurred on Friday, March 14th. The shares were sold at an average price of $7.10, for a total value of $17,679.00. Following the completion of the sale, the chief financial officer now owns 40,719 shares in the company, valued at approximately $289,104.90. This represents a 5.76 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Pendeven Yves Le also recently made the following trade(s):

• On Friday, March 7th, Pendeven Yves Le sold 1,006 shares of Funko stock. The shares were sold at an average price of $8.88, for a total transaction of $8,933.28.
• On Monday, March 10th, Pendeven Yves Le sold 320 shares of Funko stock. The stock was sold at an average price of $8.16, for a total transaction of $2,611.20.

Funko Stock Performance

NASDAQ FNKO traded up $0.06 during mid-day trading on Friday, reaching $7.30. 1,717,013 shares of the stock were exchanged, compared to its average volume of 666,537. The company has a market capitalization of $395.34 million, a P/E ratio of -15.21 and a beta of 0.94. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.64 and a current ratio of 0.96. The business's 50 day moving average is $11.95 and its 200-day moving average is $11.88. Funko, Inc. has a 1 year low of $5.36 and a 1 year high of $14.65.

Remove Ads

Institutional Investors Weigh In On Funko

Hedge funds have recently modified their holdings of the company. New York State Teachers Retirement System purchased a new position in shares of Funko in the 4th quarter valued at about $38,000. Quest Partners LLC increased its position in shares of Funko by 160.9% in the third 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 in the last quarter. Walleye Capital LLC acquired a new position in shares of Funko during the 3rd quarter worth approximately $129,000. Intech Investment Management LLC purchased a new position in shares of Funko during the 4th quarter valued at approximately $148,000. Finally, Hsbc Holdings PLC acquired a new stake in Funko in the 4th quarter valued at $152,000. 99.15% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

FNKO has been the topic of several recent research reports. DA Davidson lowered their price target on shares of Funko from $16.00 to $13.00 and set a "buy" rating on the stock in a report on Friday, March 7th. Stifel Nicolaus upped their target price on Funko from $11.00 to $12.00 and gave the stock a "hold" rating in a research note on Friday, January 3rd.

About Funko

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.