Funko, Inc. (NASDAQ:FNKO) Insider Sells $20,837.19 in Stock

Funko, Inc. (NASDAQ:FNKO) insider Andrew David Oddie sold 2,563 shares of the firm’s stock in a transaction on Monday, March 10th. The shares were sold at an average price of $8.13, for a total transaction of $20,837.19. Following the completion of the transaction, the insider now directly owns 25,336 shares in the company, valued at approximately $205,981.68. This represents a 9.19 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

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

• On Friday, March 7th, Andrew David Oddie sold 3,867 shares of Funko stock. The shares were sold at an average price of $8.87, for a total transaction of $34,300.29.
• 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 stock was sold at an average price of $14.00, for a total transaction 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 transaction of $378,823.04.

Funko Price Performance

Shares of FNKO stock opened at $7.69 on Tuesday. The firm has a market cap of $416.46 million, a P/E ratio of -16.02 and a beta of 0.94. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.96 and a quick ratio of 0.64. Funko, Inc. has a 1-year low of $5.36 and a 1-year high of $14.65. The firm has a fifty day moving average of $13.15 and a two-hundred day moving average of $12.09.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in FNKO. New York State Teachers Retirement System acquired a new position in Funko during the 4th quarter worth $38,000. Quest Partners LLC boosted its holdings in shares of Funko by 160.9% in 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 period. Walleye Capital LLC acquired a new position in shares of Funko in the 3rd quarter valued at about $129,000. Intech Investment Management LLC acquired a new position in shares of Funko in the 4th quarter valued at about $148,000. Finally, Hsbc Holdings PLC acquired a new position in shares of Funko in the 4th quarter valued at about $152,000. 99.15% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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 stock a “hold” rating in a research note on Friday, January 3rd. DA Davidson dropped their price target on shares of Funko from $16.00 to $13.00 and set a “buy” rating on the stock in a research note on Friday.

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.