Funko, Inc. (NASDAQ:FNKO - Get Free Report) insider Tracy D. Daw sold 3,755 shares of the firm's stock in a transaction dated Tuesday, April 30th. The shares were sold at an average price of $6.06, for a total transaction of $22,755.30. Following the completion of the transaction, the insider now directly owns 62,425 shares in the company, valued at $378,295.50. The sale was disclosed in a document filed with the SEC, which is available at this link.
Funko Stock Performance
Shares of Funko stock opened at $6.01 on Thursday. Funko, Inc. has a 52-week low of $5.27 and a 52-week high of $13.42. The company has a 50 day moving average of $6.26 and a 200 day moving average of $6.92. The company has a current ratio of 0.96, a quick ratio of 0.62 and a debt-to-equity ratio of 0.55.
Funko (NASDAQ:FNKO - Get Free Report) last posted its quarterly earnings results on Thursday, March 7th. The company reported ($0.05) earnings per share for the quarter, meeting analysts' consensus estimates of ($0.05). The company had revenue of $291.24 million for the quarter, compared to analysts' expectations of $284.90 million. Funko had a negative return on equity of 20.78% and a negative net margin of 14.06%. On average, research analysts predict that Funko, Inc. will post -0.34 EPS for the current fiscal year.
Wall Street Analyst Weigh In
A ‘DeFi Summer’ Projected!
From Crypto 101 Media | Ad
Top analysts are predicting DeFi coins to see massive gains in the coming months…
During this dubbed ‘DeFi Summer…’
A coin that has been called the “DeFi pioneer” is poised to shoot up 3-7x!
Just click here to learn how you can access this coin right now.
Separately, B. Riley began coverage on Funko in a research note on Wednesday, April 10th. They set a "buy" rating and a $10.00 price objective on the stock. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $8.92.
Get Our Latest Stock Report on Funko
Hedge Funds Weigh In On Funko
Hedge funds and other institutional investors have recently made changes to their positions in the stock. BNP Paribas Financial Markets grew its position in Funko by 3.7% during the first quarter. BNP Paribas Financial Markets now owns 66,269 shares of the company's stock worth $414,000 after buying an additional 2,342 shares during the period. Principal Financial Group Inc. boosted its stake in shares of Funko by 6.2% during the 3rd quarter. Principal Financial Group Inc. now owns 40,578 shares of the company's stock worth $310,000 after acquiring an additional 2,384 shares in the last quarter. Strs Ohio acquired a new stake in shares of Funko in the 3rd quarter worth approximately $25,000. Quarry LP acquired a new stake in shares of Funko in the 4th quarter worth approximately $34,000. Finally, Tower Research Capital LLC TRC increased its stake in Funko by 145.1% in the 4th quarter. Tower Research Capital LLC TRC now owns 8,210 shares of the company's stock valued at $63,000 after purchasing an additional 4,861 shares in the last quarter. Hedge funds and other institutional investors own 99.15% of the company's stock.
Funko Company Profile
(
Get Free Report)
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
