Funko, Inc. (NASDAQ:FNKO) Insider Andrew David Oddie Sells 3,867 Shares

Funko, Inc. (NASDAQ:FNKO) insider Andrew David Oddie sold 3,867 shares of the business’s stock in a transaction dated Friday, March 7th. The shares were sold at an average price of $8.87, for a total transaction of $34,300.29. Following the transaction, the insider now owns 23,200 shares in the company, valued at $205,784. This represents a 14.29 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

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

• On Monday, March 10th, Andrew David Oddie sold 2,563 shares of Funko stock. The shares were sold at an average price of $8.13, for a total transaction of $20,837.19.
• 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 stock was sold at an average price of $13.67, for a total transaction of $378,823.04.

Funko Trading Down 14.3 %

NASDAQ:FNKO opened at $7.69 on Tuesday. The company’s 50-day simple moving average is $13.15 and its 200 day simple moving average is $12.09. The firm has a market capitalization of $416.46 million, a P/E ratio of -16.02 and a beta of 0.94. Funko, Inc. has a one year low of $5.36 and a one year 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.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on FNKO shares. DA Davidson dropped their price objective on shares of Funko from $16.00 to $13.00 and set a “buy” rating on the stock in a research note on Friday. Stifel Nicolaus boosted their price objective 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.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. New York State Teachers Retirement System bought a new position in shares of Funko in the fourth quarter worth approximately $38,000. Quest Partners LLC lifted its stake in shares of Funko by 160.9% in 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 in the last quarter. Walleye Capital LLC bought a new position in shares of Funko in the third quarter worth approximately $129,000. Intech Investment Management LLC bought a new position in shares of Funko in the fourth quarter worth approximately $148,000. Finally, Hsbc Holdings PLC bought a new position in shares of Funko in the fourth quarter worth approximately $152,000. Institutional investors own 99.15% of the company’s stock.

Funko Company Profile

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.