Funko, Inc. (NASDAQ:FNKO – Get Rating) President Andrew Mark Perlmutter sold 5,941 shares of the business’s stock in a transaction on Thursday, March 9th. The shares were sold at an average price of $8.29, for a total transaction of $49,250.89. Following the transaction, the president now owns 114,304 shares of the company’s stock, valued at $947,580.16. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
Andrew Mark Perlmutter also recently made the following trade(s):
- On Tuesday, January 17th, Andrew Mark Perlmutter sold 14,302 shares of Funko stock. The shares were sold at an average price of $11.87, for a total transaction of $169,764.74.
Funko Trading Down 3.9 %
FNKO opened at $7.95 on Monday. Funko, Inc. has a fifty-two week low of $7.14 and a fifty-two week high of $27.79. The company has a quick ratio of 0.63, a current ratio of 1.31 and a debt-to-equity ratio of 0.39. The company has a fifty day moving average of $11.12 and a two-hundred day moving average of $14.44.
Analysts Set New Price Targets
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Alliancebernstein L.P. increased its holdings in Funko by 75.9% in the fourth quarter. Alliancebernstein L.P. now owns 41,700 shares of the company’s stock valued at $455,000 after buying an additional 18,000 shares in the last quarter. Capital Impact Advisors LLC increased its holdings in Funko by 47.7% in the fourth quarter. Capital Impact Advisors LLC now owns 68,910 shares of the company’s stock valued at $752,000 after buying an additional 22,250 shares in the last quarter. Legal & General Group Plc increased its stake in shares of Funko by 9.5% during the fourth quarter. Legal & General Group Plc now owns 13,377 shares of the company’s stock worth $146,000 after purchasing an additional 1,156 shares in the last quarter. Morgan Stanley increased its stake in shares of Funko by 59.4% during the fourth quarter. Morgan Stanley now owns 171,147 shares of the company’s stock worth $1,867,000 after purchasing an additional 63,767 shares in the last quarter. Finally, Metavasi Capital LP increased its stake in shares of Funko by 11.6% during the fourth quarter. Metavasi Capital LP now owns 510,762 shares of the company’s stock worth $5,572,000 after purchasing an additional 53,170 shares in the last quarter. Hedge funds and other institutional investors own 59.78% of the company’s stock.
Funko Company Profile
Funko, Inc engages in designing, sourcing and distribution of licensed pop culture products. Its product lines include media and entertainment content, which comprises movies, TV shows, video games, music and sports. The company was founded in 1998 and is headquartered in Everett, WA.
- Get a free copy of the StockNews.com research report on Funko (FNKO)
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