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 business’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 value of $34,300.29. Following the transaction, the insider now directly owns 23,200 shares in the company, valued at $205,784. This trade represents a 14.29 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, 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 stock was 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 stock was 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 stock was 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 stock was sold at an average price of $13.67, for a total value of $378,823.04.

Funko Stock Performance

Shares of FNKO opened at $7.42 on Wednesday. The business’s 50 day moving average is $13.03 and its two-hundred day moving average is $12.07. Funko, Inc. has a 52-week low of $5.36 and a 52-week high of $14.65. The firm has a market cap of $401.84 million, a price-to-earnings ratio of -15.46 and a beta of 0.94. The company has a quick ratio of 0.64, a current ratio of 0.96 and a debt-to-equity ratio of 0.44.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. DA Davidson cut their target price on Funko from $16.00 to $13.00 and set a “buy” rating on the stock in a research report on Friday, March 7th. Stifel Nicolaus upped their target price on Funko from $11.00 to $12.00 and gave the company a “hold” rating in a research report on Friday, January 3rd.

Institutional Investors Weigh In On Funko

Several institutional investors and hedge funds have recently made changes to their positions in the company. Mackenzie Financial Corp acquired a new stake in shares of Funko during the 4th quarter valued at approximately $599,000. Wolverine Trading LLC acquired a new stake in shares of Funko during the 4th quarter valued at approximately $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 valued at $533,000 after acquiring an additional 13,057 shares in 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 valued at $304,000 after acquiring an additional 12,169 shares in the last quarter. Finally, Man Group plc acquired a new stake in shares of Funko during the 4th quarter valued at approximately $293,000. 99.15% of the stock is owned by institutional investors and hedge funds.

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.