Russell Investments Group Ltd. grew its holdings in shares of Funko, Inc. (NASDAQ:FNKO – Get Score) by 8,667.1% throughout the first quarter, in line with its most up-to-date Kind 13F submitting with the Securities and Change Fee (SEC). The agency owned 6,400 shares of the corporate’s inventory after buying an extra 6,327 shares throughout the interval. Russell Investments Group Ltd.’s holdings in Funko have been price $110,000 as of its most up-to-date SEC submitting.
Different institutional traders and hedge funds additionally lately purchased and offered shares of the corporate. Point72 Hong Kong Ltd bought a brand new stake in Funko throughout the fourth quarter price about $33,000. BNP Paribas Arbitrage SA elevated its stake in Funko by 28.3% throughout the fourth quarter. BNP Paribas Arbitrage SA now owns 7,335 shares of the corporate’s inventory price $138,000 after buying an extra 1,616 shares throughout the interval. Versor Investments LP bought a brand new stake in Funko throughout the fourth quarter price about $254,000. Dupont Capital Administration Corp bought a brand new stake in Funko throughout the first quarter price about $236,000. Lastly, Capital Affect Advisors LLC acquired a brand new place in shares of Funko throughout the fourth quarter price about $503,000. 66.08% of the inventory is at present owned by hedge funds and different institutional traders.
Funko Inventory Efficiency
Shares of FNKO opened at $22.27 on Thursday. The inventory has a 50 day shifting common value of $23.20 and a 200 day shifting common value of $19.94. The corporate has a fast ratio of 0.76, a present ratio of 1.37 and a debt-to-equity ratio of 0.35. The corporate has a market capitalization of $1.12 billion, a price-to-earnings ratio of 20.81, a price-to-earnings-growth ratio of 0.57 and a beta of 1.91. Funko, Inc. has a 52-week low of $15.28 and a 52-week excessive of $27.79.
Funko (NASDAQ:FNKO – Get Score) final introduced its quarterly earnings outcomes on Thursday, August 4th. The corporate reported $0.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.22 by $0.04. The agency had income of $315.72 million throughout the quarter, in comparison with the consensus estimate of $292.63 million. Funko had a return on fairness of 15.64% and a internet margin of three.92%. The agency’s quarterly income was up 33.7% in comparison with the identical quarter final 12 months. Throughout the identical interval within the prior 12 months, the corporate posted $0.35 earnings per share. Analysis analysts predict that Funko, Inc. will submit 1.72 EPS for the present fiscal 12 months.
Insider Exercise at Funko
In associated information, insider Tracy D. Daw offered 7,893 shares of the corporate’s inventory in a transaction that occurred on Thursday, June twenty third. The inventory was offered at a median value of $22.64, for a complete worth of $178,697.52. Following the completion of the transaction, the insider now immediately owns 5,326 shares of the corporate’s inventory, valued at $120,580.64. The sale was disclosed in a submitting with the Securities & Change Fee, which is accessible by the SEC web site. In different Funko information, CRO Andrew David Oddie offered 1,187 shares of the enterprise’s inventory in a transaction that occurred on Saturday, July thirtieth. The inventory was offered at a median value of $26.30, for a complete worth of $31,218.10. Following the completion of the sale, the chief now owns 25,903 shares within the firm, valued at $681,248.90. The sale was disclosed in a doc filed with the SEC, which is obtainable by this hyperlink. Additionally, insider Tracy D. Daw offered 7,893 shares of the enterprise’s inventory in a transaction that occurred on Thursday, June twenty third. The shares have been offered at a median value of $22.64, for a complete worth of $178,697.52. Following the completion of the sale, the insider now owns 5,326 shares of the corporate’s inventory, valued at roughly $120,580.64. The disclosure for this sale could be discovered right here. Insiders offered 52,429 shares of firm inventory valued at $1,237,741 during the last three months. 12.56% of the inventory is owned by company insiders.
Wall Avenue Analyst Weigh In
Quite a lot of equities analysts have lately commented on FNKO shares. JPMorgan Chase & Co. raised Funko from a “impartial” ranking to an “chubby” ranking and boosted their value goal for the inventory from $25.00 to $28.00 in a analysis report on Thursday, June twenty third. DA Davidson lowered their value goal on Funko from $50.00 to $48.00 and set a “purchase” ranking for the corporate in a analysis report on Friday, August fifth.
About Funko
(Get Score)
Funko, Inc, a popular culture shopper merchandise firm, designs, sources, and distributes licensed popular culture merchandise in the USA, Europe, and internationally. The corporate gives vinyl, blind-packed miniature, and motion figures; vogue equipment, together with baggage, backpacks, and wallets; attire, akin to t-shirts and hats; board video games, plush merchandise, and equipment, akin to keychains, pens, and pins; homewares, comprising drinkware, and different residence equipment, non-fungible tokens, and others.
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