Funko, Inc. (NASDAQ:FNKO – Get Rating) CFO Jung Jennifer Fall sold 37,207 shares of Funko stock in a transaction on Monday, September 19th. The shares were sold at an average price of $23.39, for a total value of $870,271.73. Following the transaction, the chief financial officer now owns 52,310 shares in the company, valued at $1,223,530.90. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Jung Jennifer Fall also recently made the following trade(s):
- On Monday, August 15th, Jung Jennifer Fall sold 814 shares of Funko stock. The shares were sold at an average price of $20.64, for a total value of $16,800.96.
Funko Stock Performance
Shares of NASDAQ FNKO opened at $21.12 on Friday. Funko, Inc. has a 52-week low of $15.28 and a 52-week high of $27.79. The company has a quick ratio of 0.76, a current ratio of 1.37 and a debt-to-equity ratio of 0.35. The stock has a market capitalization of $1.06 billion, a price-to-earnings ratio of 19.74, a PEG ratio of 0.47 and a beta of 1.94. The stock’s fifty day simple moving average is $22.96 and its 200 day simple moving average is $20.65.
Analyst Upgrades and Downgrades
Several brokerages have recently issued reports on FNKO. JPMorgan Chase & Co. upgraded Funko from a “neutral” rating to an “overweight” rating and lifted their price target for the company from $25.00 to $28.00 in a research report on Thursday, June 23rd. DA Davidson decreased their target price on Funko from $50.00 to $48.00 and set a “buy” rating on the stock in a report on Friday, August 5th. The Goldman Sachs Group lifted their target price on Funko from $23.00 to $25.50 and gave the stock a “neutral” rating in a report on Wednesday, September 14th. Finally, Bank of America lifted their target price on Funko from $30.00 to $35.00 and gave the stock a “buy” rating in a report on Thursday, September 15th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, Funko presently has an average rating of “Moderate Buy” and a consensus price target of $31.25.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the business. Graham Capital Management L.P. purchased a new position in shares of Funko during the first quarter valued at $1,204,000. BNP Paribas Arbitrage SA grew its holdings in shares of Funko by 28.3% during the fourth quarter. BNP Paribas Arbitrage SA now owns 7,335 shares of the company’s stock valued at $138,000 after buying an additional 1,616 shares in the last quarter. Northern Trust Corp grew its holdings in shares of Funko by 1.4% during the fourth quarter. Northern Trust Corp now owns 256,733 shares of the company’s stock valued at $4,827,000 after buying an additional 3,431 shares in the last quarter. Victory Capital Management Inc. boosted its position in Funko by 1.9% during the first quarter. Victory Capital Management Inc. now owns 121,014 shares of the company’s stock valued at $2,046,000 after purchasing an additional 2,232 shares during the last quarter. Finally, Rice Hall James & Associates LLC acquired a new stake in Funko during the fourth quarter valued at $2,421,000. Hedge funds and other institutional investors own 80.80% of the company’s stock.
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 vinyl, blind-packed miniature, and action figures; fashion accessories, including bags, backpacks, and wallets; apparel, such as t-shirts and hats; board games, plush products, and accessories, such as keychains, pens, and pins; homewares, comprising drinkware, and other home accessories, non-fungible tokens, and others.
- Get a free copy of the StockNews.com research report on Funko (FNKO)
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