Insider Selling: Funko, Inc. (NASDAQ:FNKO) Insider Sells 2,563 Shares of Stock

Funko, Inc. (NASDAQ:FNKO) insider Andrew David Oddie sold 2,563 shares of Funko stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $8.13, for a total transaction of $20,837.19. Following the completion of the sale, the insider now owns 25,336 shares of the company’s stock, valued at $205,981.68. This trade represents a 9.19 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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 stock was 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 shares were 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 transaction of $5,012.00.
• On Thursday, January 2nd, Andrew David Oddie sold 27,712 shares of Funko stock. The shares were sold at an average price of $13.67, for a total transaction of $378,823.04.

Funko Trading Down 0.5 %

FNKO opened at $7.38 on Thursday. Funko, Inc. has a fifty-two week low of $5.36 and a fifty-two week high of $14.65. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.96 and a quick ratio of 0.64. The firm has a market capitalization of $399.67 million, a price-to-earnings ratio of -15.38 and a beta of 0.94. The company’s 50 day moving average price is $12.91 and its two-hundred day moving average price is $12.03.

Institutional Investors Weigh In On Funko

A number of institutional investors have recently modified their holdings of FNKO. New York State Teachers Retirement System acquired a new position in shares of Funko during the 4th quarter valued at $38,000. Quest Partners LLC raised its holdings in Funko by 160.9% during the third quarter. Quest Partners LLC now owns 6,559 shares of the company’s stock worth $80,000 after buying an additional 4,045 shares during the last quarter. Walleye Capital LLC acquired a new position in Funko during the third quarter worth $129,000. Intech Investment Management LLC acquired a new position in Funko during the fourth quarter worth $148,000. Finally, Hsbc Holdings PLC bought a new stake in shares of Funko in the 4th quarter worth $152,000. 99.15% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. DA Davidson decreased 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 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.

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.