Insider Selling: 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 stock was sold at an average price of $8.13, for a total transaction of $20,837.19. Following the sale, the insider now owns 25,336 shares in the company, valued at approximately $205,981.68. The trade was a 9.19 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

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 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 shares were sold at an average price of $13.67, for a total transaction of $378,823.04.

Funko Stock Performance

Shares of FNKO opened at $7.38 on Thursday. The firm has a 50-day moving average of $12.91 and a 200-day moving average of $12.03. Funko, Inc. has a one year low of $5.36 and a one year high of $14.65. The company has a market cap of $399.67 million, a PE ratio of -15.38 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.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on FNKO. DA Davidson decreased their target price on shares of Funko from $16.00 to $13.00 and set a “buy” rating for the company in a research report on Friday, March 7th. Stifel Nicolaus lifted their price objective on shares of Funko from $11.00 to $12.00 and gave the company a “hold” rating in a research report on Friday, January 3rd.

Institutional Trading of Funko

A number of hedge funds have recently modified their holdings of the stock. Nomura Holdings Inc. lifted its stake in shares of Funko by 19.8% during the 4th quarter. Nomura Holdings Inc. now owns 2,452,923 shares of the company’s stock worth $32,845,000 after buying an additional 404,849 shares during the last quarter. Vanguard Group Inc. lifted its stake in shares of Funko by 2.7% during the 4th quarter. Vanguard Group Inc. now owns 1,958,331 shares of the company’s stock worth $26,222,000 after buying an additional 50,877 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Funko by 17.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,544,963 shares of the company’s stock worth $20,688,000 after buying an additional 234,981 shares during the last quarter. Marshall Wace LLP lifted its stake in shares of Funko by 384.3% during the 4th quarter. Marshall Wace LLP now owns 1,542,440 shares of the company’s stock worth $20,653,000 after buying an additional 1,223,939 shares during the last quarter. Finally, Divisadero Street Capital Management LP acquired a new stake in shares of Funko during the 4th quarter worth about $13,783,000. Institutional investors and hedge funds 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.