Funko, Inc. (NASDAQ:FNKO) Insider Andrew David Oddie Sells 2,353 Shares

Funko, Inc. (NASDAQ:FNKO) insider Andrew David Oddie sold 2,353 shares of Funko stock in a transaction that occurred on Monday, April 22nd. The shares were sold at an average price of $6.21, for a total transaction of $14,612.13. Following the transaction, the insider now owns 60,476 shares of the company’s stock, valued at $375,555.96. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

• On Monday, March 11th, Andrew David Oddie sold 2,337 shares of Funko stock. The shares were sold at an average price of $6.62, for a total transaction of $15,470.94.
• On Thursday, March 7th, Andrew David Oddie sold 3,422 shares of Funko stock. The shares were sold at an average price of $6.41, for a total transaction of $21,935.02.

Funko Stock Down 1.1 %

NASDAQ FNKO traded down $0.07 during mid-day trading on Tuesday, reaching $6.11. The stock had a trading volume of 651,501 shares, compared to its average volume of 455,490. The stock has a market cap of $324.26 million, a PE ratio of -1.94 and a beta of 1.04. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.96 and a quick ratio of 0.62. The company has a fifty day moving average price of $6.44 and a 200 day moving average price of $6.98. Funko, Inc. has a 1 year low of $5.27 and a 1 year high of $13.42.

Funko (NASDAQ:FNKO) last announced its earnings results on Thursday, March 7th. The company reported ($0.05) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.05). The business had revenue of $291.24 million during the quarter, compared to analyst estimates of $284.90 million. Funko had a negative net margin of 14.06% and a negative return on equity of 20.78%. On average, research analysts expect that Funko, Inc. will post -0.34 earnings per share for the current year.

Analyst Ratings Changes

Separately, B. Riley began coverage on shares of Funko in a report on Wednesday, April 10th. They issued a “buy” rating and a $10.00 price objective for the company. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $8.92.

Institutional Investors Weigh In On Funko

Hedge funds have recently modified their holdings of the business. Strs Ohio bought a new stake in shares of Funko during the 3rd quarter valued at $25,000. Quarry LP bought a new stake in shares of Funko during the 4th quarter valued at $34,000. Tower Research Capital LLC TRC grew its position in shares of Funko by 145.1% during the 4th quarter. Tower Research Capital LLC TRC now owns 8,210 shares of the company’s stock valued at $63,000 after acquiring an additional 4,861 shares during the period. RPO LLC bought a new stake in shares of Funko during the 4th quarter valued at $86,000. Finally, Virtu Financial LLC bought a new position in Funko in the 4th quarter worth $177,000. Institutional investors own 99.15% of the company’s stock.

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.