Funko Inc (NASDAQ:FNKO) insider Russell Eugene Nickel sold 40,481 shares of the stock in a transaction dated Friday, June 21st. The stock was sold at an average price of $24.30, for a total transaction of $983,688.30. The sale was disclosed in a legal filing with the SEC, which is available at this link.
Russell Eugene Nickel also recently made the following trade(s):
- On Monday, June 10th, Russell Eugene Nickel sold 6,850 shares of Funko stock. The shares were sold at an average price of $22.51, for a total transaction of $154,193.50.
NASDAQ FNKO opened at $23.55 on Wednesday. Funko Inc has a one year low of $11.22 and a one year high of $31.12. The firm has a 50 day simple moving average of $21.68. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.94 and a quick ratio of 1.31. The stock has a market capitalization of $1.18 billion, a price-to-earnings ratio of 34.63, a price-to-earnings-growth ratio of 1.39 and a beta of 2.15.
Funko (NASDAQ:FNKO) last posted its quarterly earnings results on Thursday, May 2nd. The company reported $0.16 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.08 by $0.08. Funko had a net margin of 1.48% and a return on equity of 15.28%. The firm had revenue of $166.80 million for the quarter, compared to analyst estimates of $159.59 million. During the same quarter last year, the firm posted $0.03 earnings per share. Funko’s revenue for the quarter was up 21.6% compared to the same quarter last year. As a group, sell-side analysts anticipate that Funko Inc will post 0.95 earnings per share for the current fiscal year.
Several research analysts recently commented on the stock. DA Davidson assumed coverage on shares of Funko in a report on Thursday, June 20th. They issued a “buy” rating and a $29.00 price target on the stock. Zacks Investment Research upgraded shares of Funko from a “sell” rating to a “hold” rating and set a $25.00 price target on the stock in a report on Monday, May 6th. Stifel Nicolaus raised their price target on shares of Funko from $23.00 to $25.00 and gave the company a “buy” rating in a report on Monday, March 4th. They noted that the move was a valuation call. Piper Jaffray Companies set a $27.00 price target on shares of Funko and gave the company a “buy” rating in a report on Friday, March 1st. Finally, BMO Capital Markets raised their price target on shares of Funko from $12.00 to $20.00 and gave the company a “market perform” rating in a report on Friday, March 1st. Three investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $24.30.
Institutional investors and hedge funds have recently bought and sold shares of the company. Massachusetts Financial Services Co. MA purchased a new stake in shares of Funko during the fourth quarter valued at approximately $452,000. Shellback Capital LP purchased a new stake in shares of Funko during the fourth quarter valued at approximately $2,080,000. Two Sigma Advisers LP raised its stake in shares of Funko by 11.9% during the fourth quarter. Two Sigma Advisers LP now owns 26,300 shares of the company’s stock valued at $346,000 after purchasing an additional 2,788 shares during the period. GSA Capital Partners LLP raised its stake in shares of Funko by 27.1% during the fourth quarter. GSA Capital Partners LLP now owns 20,706 shares of the company’s stock valued at $272,000 after purchasing an additional 4,416 shares during the period. Finally, Blueshift Asset Management LLC purchased a new stake in shares of Funko during the fourth quarter valued at approximately $290,000. Institutional investors own 45.92% 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, China, Vietnam, and the United Kingdom. The company offers vinyl, blind-packed miniature, and action figures; and plush products, accessories, apparels, and homewares, as well as bags, purses, and wallets.
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