Funko, Inc. (NASDAQ:FNKO) Insider Sells $129,924.00 in Stock

Funko, Inc. (NASDAQ:FNKO) insider Andrew David Oddie sold 10,800 shares of the stock in a transaction on Monday, September 23rd. The shares were sold at an average price of $12.03, for a total value of $129,924.00. Following the completion of the sale, the insider now owns 40,372 shares of the company’s stock, valued at $485,675.16. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

• On Monday, September 16th, Andrew David Oddie sold 300 shares of Funko stock. The shares were sold at an average price of $12.04, for a total value of $3,612.00.

Funko Price Performance

FNKO stock opened at $11.86 on Friday. Funko, Inc. has a 1 year low of $5.36 and a 1 year high of $12.31. The stock has a market capitalization of $635.68 million, a PE ratio of -4.73 and a beta of 1.18. The company’s 50-day moving average is $10.13 and its 200-day moving average is $8.62. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.92 and a quick ratio of 0.59.

Funko (NASDAQ:FNKO) last announced its quarterly earnings data on Thursday, August 8th. The company reported $0.05 EPS for the quarter, beating analysts’ consensus estimates of ($0.20) by $0.25. Funko had a negative return on equity of 4.69% and a negative net margin of 4.06%. The firm had revenue of $247.70 million during the quarter, compared to analysts’ expectations of $231.04 million. During the same quarter last year, the firm posted ($0.53) earnings per share. The company’s revenue for the quarter was up 3.2% compared to the same quarter last year. Equities research analysts expect that Funko, Inc. will post -0.21 EPS for the current fiscal year.

Institutional Trading of Funko

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Quest Partners LLC bought a new position in shares of Funko in the second quarter valued at $25,000. Quarry LP bought a new position in Funko in the 4th quarter valued at about $34,000. Paloma Partners Management Co acquired a new position in Funko during the 1st quarter valued at about $67,000. EntryPoint Capital LLC bought a new stake in Funko during the 1st quarter worth approximately $73,000. Finally, Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Funko in the second quarter worth approximately $121,000. Institutional investors own 99.15% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on FNKO shares. DA Davidson reaffirmed a “buy” rating and issued a $12.00 price objective on shares of Funko in a research note on Friday, August 9th. B. Riley increased their price target on Funko from $13.00 to $15.00 and gave the stock a “buy” rating in a report on Thursday, September 12th. Finally, Stifel Nicolaus boosted their price objective on Funko from $8.00 to $9.00 and gave the company a “hold” rating in a research note on Thursday, July 25th.

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.