Funko, Inc. (NASDAQ:FNKO - Free Report) - Investment analysts at DA Davidson issued their FY2025 earnings per share estimates for Funko in a report released on Monday, March 10th. DA Davidson analyst L. Weiser expects that the company will post earnings of ($0.07) per share for the year. DA Davidson has a "Buy" rating and a $13.00 price target on the stock. The consensus estimate for Funko's current full-year earnings is ($0.12) per share.
Separately, Stifel Nicolaus lifted their price objective on Funko from $11.00 to $12.00 and gave the company a "hold" rating in a research report on Friday, January 3rd.
View Our Latest Research Report on FNKO
Funko Stock Down 2.5 %
Shares of NASDAQ FNKO traded down $0.18 during mid-day trading on Wednesday, reaching $7.04. The company had a trading volume of 1,899,759 shares, compared to its average volume of 891,578. 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 company has a market capitalization of $381.26 million, a price-to-earnings ratio of -14.67 and a beta of 0.94. The stock has a fifty day moving average of $12.79 and a two-hundred day moving average of $12.00. Funko has a 12-month low of $5.36 and a 12-month high of $14.65.
Institutional Investors Weigh In On Funko
A number of hedge funds and other institutional investors have recently bought and sold shares of FNKO. Mackenzie Financial Corp bought a new stake in shares of Funko during the fourth quarter valued at approximately $599,000. Wolverine Trading LLC bought a new position in Funko in the 4th quarter valued at $489,000. Vident Advisory LLC boosted its position in Funko by 48.8% in the 4th quarter. Vident Advisory LLC now owns 39,833 shares of the company's stock valued at $533,000 after buying an additional 13,057 shares during the last quarter. State of Wyoming increased its stake in shares of Funko by 115.2% in the 4th quarter. State of Wyoming now owns 22,731 shares of the company's stock valued at $304,000 after buying an additional 12,169 shares during the period. Finally, Man Group plc bought a new stake in shares of Funko during the fourth quarter worth $293,000. 99.15% of the stock is owned by institutional investors and hedge funds.
Insider Transactions at Funko
In other news, insider Andrew David Oddie sold 27,712 shares of the firm's stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $13.67, for a total transaction of $378,823.04. Following the completion of the transaction, the insider now directly owns 20,186 shares of the company's stock, valued at approximately $275,942.62. This trade represents a 57.86 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Tracy D. Daw sold 14,650 shares of the company's stock in a transaction dated Friday, December 20th. The shares were sold at an average price of $12.55, for a total transaction of $183,857.50. Following the completion of the sale, the insider now directly owns 6,362 shares in the company, valued at approximately $79,843.10. The trade was a 69.72 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 50,835 shares of company stock worth $639,451. 4.81% of the stock is currently owned by company insiders.
About Funko
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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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