Funko Inc (NASDAQ:FNKO) President Andrew Mark Perlmutter sold 30,000 shares of the business’s stock in a transaction on Wednesday, January 9th. The shares were sold at an average price of $15.02, for a total transaction of $450,600.00. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Shares of NASDAQ FNKO opened at $16.16 on Friday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.99 and a current ratio of 1.48. The stock has a market cap of $677.12 million, a PE ratio of 53.87, a price-to-earnings-growth ratio of 0.84 and a beta of 2.62. Funko Inc has a 12-month low of $6.66 and a 12-month high of $31.12.

Funko (NASDAQ:FNKO) last announced its earnings results on Thursday, November 8th. The company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.04. The firm had revenue of $176.90 million for the quarter, compared to analysts’ expectations of $166.07 million. Funko had a net margin of 1.55% and a return on equity of 10.69%. The business’s revenue was up 23.9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.04 EPS. As a group, sell-side analysts expect that Funko Inc will post 0.56 EPS for the current year.

A number of equities research analysts have recently issued reports on FNKO shares. Jefferies Financial Group set a $23.00 price objective on shares of Funko and gave the company a “buy” rating in a research report on Wednesday, November 28th. Zacks Investment Research raised shares of Funko from a “hold” rating to a “buy” rating and set a $22.00 price objective for the company in a research report on Friday, October 5th. Piper Jaffray Companies set a $24.00 price objective on shares of Funko and gave the company a “buy” rating in a research report on Wednesday, November 21st. Finally, BMO Capital Markets upped their target price on shares of Funko from $10.50 to $12.00 and gave the stock a “market perform” rating in a report on Thursday, November 15th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and five have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $19.88.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Rhumbline Advisers purchased a new stake in shares of Funko during the 3rd quarter valued at about $214,000. Trexquant Investment LP purchased a new stake in shares of Funko during the 3rd quarter valued at about $223,000. Bank of America Corp DE raised its position in shares of Funko by 51.9% during the 2nd quarter. Bank of America Corp DE now owns 9,799 shares of the company’s stock valued at $123,000 after buying an additional 3,348 shares in the last quarter. Victory Capital Management Inc. purchased a new stake in shares of Funko during the 3rd quarter valued at about $247,000. Finally, First Republic Investment Management Inc. purchased a new stake in shares of Funko during the 2nd quarter valued at about $138,000. Hedge funds and other institutional investors own 40.35% of the company’s stock.

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About Funko

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, bobble head, blind-packed miniature, and action figures; and plush products, accessories, apparels, and homewares, as well as bags, purses, and wallets.

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