6 days Ago By Defense World Staff
JPMorgan Chase & Co. lowered its stake in shares of Funko, Inc. (NASDAQ:FNKO – Free Report) by 3.
2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 802,866 shares of the company’s stock after selling 26,334 shares during the period. JPMorgan Chase & Co.
owned 1.48% of Funko worth $10,750,000 at the end of the most recent quarter. A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FNKO.
Wealthfront Advisers LLC purchased a new position in shares of Funko during the 4th quarter worth $4,425,000. TBH Global Asset Management LLC purchased a new stake in shares of Funko in the fourth quarter valued at about $2,748,000. Charles Schwab Investment Management Inc.
increased its position in Funko by 54.8% during the fourth quarter. Charles Schwab Investment Management Inc.
now owns 436,555 shares of the company’s stock worth $5,845,000 after purchasing an additional 154,519 shares during the last quarter. American Century Companies Inc. raised its stake in Funko by 18.
5% during the fourth quarter. American Century Companies Inc. now owns 680,231 shares of the company’s stock worth $9,108,000 after purchasing an additional 106,037 shares during the period.
Finally, FMR LLC boosted its holdings in Funko by 1,541.0% in the 3rd quarter. FMR LLC now owns 57,649 shares of the company’s stock valued at $704,000 after purchasing an additional 54,136 shares during the last quarter.
Institutional investors and hedge funds own 99.15% of the company’s stock. Funko Price PerformanceFunko stock opened at $4.
27 on Tuesday. The company’s 50 day simple moving average is $9.19 and its 200-day simple moving average is $11.
21. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.
64 and a current ratio of 0.96. Funko, Inc.
has a 1 year low of $4.18 and a 1 year high of $14.65.
The company has a market capitalization of $232.86 million, a price-to-earnings ratio of -8.90 and a beta of 0.
75. Insider Buying and Selling at FunkoIn other news, insider Andrew David Oddie sold 3,867 shares of Funko stock in a transaction 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 completion of the sale, the insider now directly owns 23,200 shares of the company’s stock, valued at approximately $205,784.
The trade was a 14.29 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Also, insider Tracy D. Daw sold 18,608 shares of the business’s stock in a transaction on Tuesday, March 18th. The shares were sold at an average price of $7.
14, for a total value of $132,861.12. Following the completion of the sale, the insider now owns 26,332 shares in the company, valued at $188,010.
48. This represents a 41.41 % decrease in their position.
The disclosure for this sale can be found here. Insiders have sold a total of 29,959 shares of company stock valued at $227,640 over the last quarter. 4.
81% of the stock is owned by company insiders. Wall Street Analysts Forecast GrowthA number of brokerages have recently issued reports on FNKO. DA Davidson cut their price target on shares of Funko from $16.
00 to $13.00 and set a “buy” rating for the company in a report on Friday, March 7th. Stifel Nicolaus upped their price target on Funko from $11.
00 to $12.00 and gave the company a “hold” rating in a research note on Friday, January 3rd.View Our Latest Report on FNKOFunko Profile (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.Recommended StoriesFive stocks we like better than FunkoThe 3 Best Fintech Stocks to Buy NowWhy NVIDIA Stock Could Soar Despite Wall Street DowngradesWhat is a Dividend King? Top 3 Large Cap Stocks Insiders Bought in Q1: Buy, Sell, or HoldHow to Start Investing in Real Estate3 Hot New IPOs Defying the 2025 Market SlumpWant to see what other hedge funds are holding FNKO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Funko, Inc.
(NASDAQ:FNKO – Free Report)..
