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 company’s stock in a transaction that occurred on Friday, March 7th. The shares were sold at an average price of $8.87, for a total value of $34,300.29. Following the completion of the sale, the insider now owns 23,200 shares in the company, valued at approximately $205,784. This represents a 14.29 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available 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 shares were sold at an average price of $8.13, for a total value 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 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 Performance

Funko stock traded down $1.28 during midday trading on Monday, hitting $7.69. 2,951,560 shares of the company were exchanged, compared to its average volume of 849,124. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.64 and a current ratio of 0.96. Funko, Inc. has a fifty-two week low of $5.36 and a fifty-two week high of $14.65. The business has a fifty day simple moving average of $13.15 and a two-hundred day simple moving average of $12.09. The firm has a market capitalization of $416.46 million, a PE ratio of -16.02 and a beta of 0.94.

Hedge Funds Weigh In On Funko

Several institutional investors and hedge funds have recently modified their holdings of the business. Mackenzie Financial Corp purchased a new position in shares of Funko in the 4th quarter valued at about $599,000. Wolverine Trading LLC acquired a new position in shares of Funko during the 4th quarter worth about $489,000. Vident Advisory LLC raised its position in shares of Funko by 48.8% during the 4th quarter. Vident Advisory LLC now owns 39,833 shares of the company’s stock worth $533,000 after purchasing an additional 13,057 shares during the last quarter. State of Wyoming raised its position in shares of Funko by 115.2% during the 4th quarter. State of Wyoming now owns 22,731 shares of the company’s stock worth $304,000 after purchasing an additional 12,169 shares during the last quarter. Finally, Man Group plc acquired a new position in shares of Funko during the 4th quarter worth about $293,000. Hedge funds and other institutional investors own 99.15% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently commented on the company. Stifel Nicolaus raised their target price on Funko from $11.00 to $12.00 and gave the stock a “hold” rating in a report on Friday, January 3rd. DA Davidson dropped their target price on Funko from $16.00 to $13.00 and set a “buy” rating on the stock in a report on Friday.

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.