Andrew David Oddie Sells 2,563 Shares of Funko, Inc. (NASDAQ:FNKO) 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 value of $20,837.19. Following the completion of the transaction, the insider now owns 25,336 shares in the company, valued at $205,981.68. The trade was a 9.19 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed 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 value 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 value 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 value 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 value of $378,823.04.

Funko Stock Down 3.5 %

NASDAQ FNKO opened at $7.42 on Wednesday. Funko, Inc. has a 52 week low of $5.36 and a 52 week high of $14.65. The company has a quick ratio of 0.64, a current ratio of 0.96 and a debt-to-equity ratio of 0.44. The business’s fifty day simple moving average is $13.03 and its 200-day simple moving average is $12.07. The firm has a market cap of $401.84 million, a PE ratio of -15.46 and a beta of 0.94.

Analyst Upgrades and Downgrades

FNKO has been the topic of a number of research reports. Stifel Nicolaus raised their price objective on Funko from $11.00 to $12.00 and gave the company a “hold” rating in a report on Friday, January 3rd. DA Davidson reduced their price target on Funko from $16.00 to $13.00 and set a “buy” rating on the stock in a report on Friday, March 7th.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of FNKO. Nomura Holdings Inc. increased its position 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 purchasing an additional 404,849 shares during the last quarter. Vanguard Group Inc. increased its position 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 purchasing an additional 50,877 shares during the last quarter. Dimensional Fund Advisors LP increased its position 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 purchasing an additional 234,981 shares during the last quarter. Marshall Wace LLP increased its position 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 purchasing 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. Hedge funds and other 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.