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

Funko, Inc. (NASDAQ:FNKO) insider Andrew David Oddie sold 3,867 shares of the firm’s stock in a transaction that occurred on Friday, March 7th. The stock was sold at an average price of $8.87, for a total transaction of $34,300.29. Following the sale, the insider now owns 23,200 shares of the company’s stock, valued at $205,784. This trade represents a 14.29 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

Funko Stock Down 0.5 %

Shares of FNKO opened at $7.38 on Thursday. The firm’s 50 day moving average is $12.91 and its 200-day moving average is $12.03. The stock has a market capitalization of $399.67 million, a PE ratio of -15.38 and a beta of 0.94. The company has a current ratio of 0.96, a quick ratio of 0.64 and a debt-to-equity ratio of 0.44. Funko, Inc. has a 12 month low of $5.36 and a 12 month high of $14.65.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on FNKO. Stifel Nicolaus raised their target price on shares of Funko from $11.00 to $12.00 and gave the stock a “hold” rating in a report on Friday, January 3rd. DA Davidson lowered their target price 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.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Funko by 4.9% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,783 shares of the company’s stock valued at $238,000 after acquiring an additional 828 shares during the last quarter. Rhumbline Advisers increased its stake in Funko by 1.9% in the fourth quarter. Rhumbline Advisers now owns 50,050 shares of the company’s stock valued at $670,000 after acquiring an additional 951 shares during the last quarter. Price T Rowe Associates Inc. MD increased its stake in Funko by 6.2% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 41,181 shares of the company’s stock valued at $552,000 after acquiring an additional 2,413 shares during the last quarter. Invesco Ltd. increased its stake in Funko by 1.8% in the fourth quarter. Invesco Ltd. now owns 150,771 shares of the company’s stock valued at $2,019,000 after acquiring an additional 2,668 shares during the last quarter. Finally, New York State Teachers Retirement System bought a new position in Funko in the fourth quarter valued at approximately $38,000. 99.15% of the stock is owned by institutional investors.

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.