TBH Global Asset Management LLC bought a new stake in Funko, Inc. (NASDAQ:FNKO - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 205,224 shares of the company's stock, valued at approximately $2,748,000. TBH Global Asset Management LLC owned approximately 0.38% of Funko at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently made changes to their positions in the company. JPMorgan Chase & Co. raised its position in shares of Funko by 5,486.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 829,200 shares of the company's stock valued at $10,133,000 after buying an additional 814,357 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of Funko by 1.6% during the 3rd quarter. Geode Capital Management LLC now owns 807,760 shares of the company's stock valued at $9,873,000 after purchasing an additional 13,002 shares during the last quarter. Jane Street Group LLC grew its holdings in shares of Funko by 50.0% during the 3rd quarter. Jane Street Group LLC now owns 97,857 shares of the company's stock valued at $1,196,000 after purchasing an additional 32,598 shares during the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in shares of Funko during the 3rd quarter valued at approximately $860,000. Finally, FMR LLC grew 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 during the last quarter. 99.15% of the stock is currently owned by institutional investors and hedge funds.
Funko Trading Down 2.4 %
FNKO traded down $0.34 during trading on Friday, reaching $13.58. 218,509 shares of the company's stock were exchanged, compared to its average volume of 699,752. Funko, Inc. has a one year low of $5.36 and a one year 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 stock has a market capitalization of $735.49 million, a PE ratio of -28.28 and a beta of 1.15. The firm has a fifty day moving average price of $13.36 and a two-hundred day moving average price of $11.89.
Insiders Place Their Bets
In other news, insider Andrew David Oddie sold 27,712 shares of the business's stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $13.67, for a total value of $378,823.04. Following the transaction, the insider now owns 20,186 shares in the company, valued at approximately $275,942.62. The trade was a 57.86 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Tracy D. Daw sold 14,650 shares of the business's stock in a transaction that occurred on Friday, December 20th. The stock was sold at an average price of $12.55, for a total transaction of $183,857.50. Following the completion of the transaction, the insider now owns 6,362 shares in the company, valued at $79,843.10. This trade represents a 69.72 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 43,079 shares of company stock valued at $572,769 in the last ninety days. 4.81% of the stock is currently owned by insiders.
Analyst Ratings Changes
Several equities research analysts recently issued reports on FNKO shares. Stifel Nicolaus lifted their price target on shares of Funko from $11.00 to $12.00 and gave the company a "hold" rating in a report on Friday, January 3rd. DA Davidson reaffirmed a "buy" rating and set a $16.00 price target on shares of Funko in a report on Thursday, January 2nd.
View Our Latest Stock Report on Funko
Funko Profile
(
Free Report)
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.
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