Pendeven Yves Le Sells 2,490 Shares of Funko, Inc. (NASDAQ:FNKO) Stock

Funko, Inc. (NASDAQ:FNKO) CFO Pendeven Yves Le sold 2,490 shares of Funko stock in a transaction on Friday, March 14th. The stock was sold at an average price of $7.10, for a total value of $17,679.00. Following the sale, the chief financial officer now directly owns 40,719 shares of the company’s stock, valued at approximately $289,104.90. This trade represents a 5.76 % 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.

Pendeven Yves Le also recently made the following trade(s):

• On Friday, March 7th, Pendeven Yves Le sold 1,006 shares of Funko stock. The stock was sold at an average price of $8.88, for a total value of $8,933.28.
• On Monday, March 10th, Pendeven Yves Le sold 320 shares of Funko stock. The stock was sold at an average price of $8.16, for a total value of $2,611.20.

Funko Stock Down 0.8 %

Shares of Funko stock traded down $0.06 during trading on Tuesday, reaching $7.13. The stock had a trading volume of 832,848 shares, compared to its average volume of 654,186. The company has a market capitalization of $386.13 million, a price-to-earnings ratio of -14.85 and a beta of 0.94. The stock has a fifty day moving average price of $12.38 and a two-hundred day moving average price of $11.95. Funko, Inc. has a 52 week low of $5.36 and a 52 week high of $14.65. The company has a current ratio of 0.96, a quick ratio of 0.64 and a debt-to-equity ratio of 0.44.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. DA Davidson reduced their target price on Funko from $16.00 to $13.00 and set a “buy” rating on the stock in a report on Friday, March 7th. Stifel Nicolaus lifted 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.

Institutional Trading of Funko

A number of institutional investors have recently modified their holdings of FNKO. New York State Teachers Retirement System bought a new stake in shares of Funko in the fourth quarter valued at about $38,000. Quest Partners LLC lifted its holdings in shares of Funko by 160.9% in the third quarter. Quest Partners LLC now owns 6,559 shares of the company’s stock valued at $80,000 after purchasing an additional 4,045 shares in the last quarter. Walleye Capital LLC acquired a new stake in shares of Funko in the third quarter valued at about $129,000. Intech Investment Management LLC acquired a new stake in shares of Funko in the fourth quarter valued at about $148,000. Finally, Hsbc Holdings PLC acquired a new stake in shares of Funko in the fourth quarter valued at about $152,000. 99.15% of the stock is currently 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.