Six Flags Entertainment Co. (NYSE:SIX) CAO Derek Sample Sells 2,300 Shares of Stock

Six Flags Entertainment Co. (NYSE:SIXGet Free Report) CAO Derek Sample sold 2,300 shares of the business’s stock in a transaction that occurred on Tuesday, May 21st. The stock was sold at an average price of $26.44, for a total transaction of $60,812.00. Following the completion of the sale, the chief accounting officer now owns 12,805 shares in the company, valued at $338,564.20. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Six Flags Entertainment Trading Down 0.7 %

NYSE SIX opened at $26.41 on Thursday. The company has a market cap of $2.23 billion, a P/E ratio of 82.53 and a beta of 2.20. Six Flags Entertainment Co. has a 1 year low of $18.29 and a 1 year high of $28.99. The company has a fifty day simple moving average of $25.15 and a 200 day simple moving average of $24.88.

Six Flags Entertainment (NYSE:SIXGet Free Report) last released its earnings results on Thursday, February 29th. The company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.27 by ($0.18). Six Flags Entertainment had a net margin of 1.84% and a negative return on equity of 6.61%. The company had revenue of $292.55 million for the quarter, compared to analyst estimates of $298.42 million. Equities research analysts forecast that Six Flags Entertainment Co. will post 1.54 EPS for the current fiscal year.

Hedge Funds Weigh In On Six Flags Entertainment

Hedge funds have recently made changes to their positions in the business. Raymond James & Associates grew its holdings in shares of Six Flags Entertainment by 3.2% in the 4th quarter. Raymond James & Associates now owns 25,627 shares of the company’s stock worth $643,000 after purchasing an additional 793 shares during the last quarter. Rhumbline Advisers grew its holdings in shares of Six Flags Entertainment by 0.4% in the 3rd quarter. Rhumbline Advisers now owns 230,537 shares of the company’s stock worth $5,420,000 after purchasing an additional 821 shares during the last quarter. Cerity Partners LLC grew its holdings in shares of Six Flags Entertainment by 5.9% in the 4th quarter. Cerity Partners LLC now owns 16,058 shares of the company’s stock worth $403,000 after purchasing an additional 895 shares during the last quarter. National Bank of Canada FI grew its holdings in shares of Six Flags Entertainment by 527.2% in the 4th quarter. National Bank of Canada FI now owns 1,129 shares of the company’s stock worth $28,000 after purchasing an additional 949 shares during the last quarter. Finally, ProShare Advisors LLC grew its holdings in shares of Six Flags Entertainment by 8.5% in the 1st quarter. ProShare Advisors LLC now owns 14,702 shares of the company’s stock worth $387,000 after purchasing an additional 1,146 shares during the last quarter. Institutional investors and hedge funds own 98.04% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently commented on SIX. Deutsche Bank Aktiengesellschaft downgraded shares of Six Flags Entertainment from a “buy” rating to a “hold” rating and dropped their target price for the stock from $29.00 to $27.00 in a report on Wednesday, May 15th. StockNews.com assumed coverage on shares of Six Flags Entertainment in a report on Thursday. They set a “hold” rating on the stock. B. Riley upgraded shares of Six Flags Entertainment from a “neutral” rating to a “buy” rating and boosted their price target for the company from $30.00 to $31.00 in a report on Thursday, April 18th. Finally, Citigroup boosted their price objective on shares of Six Flags Entertainment from $28.00 to $30.00 and gave the company a “buy” rating in a research report on Friday, March 1st. Two research analysts have rated the stock with a sell rating, four have given a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $28.00.

Read Our Latest Analysis on SIX

Six Flags Entertainment Company Profile

(Get Free Report)

Six Flags Entertainment Corporation owns and operates regional theme and waterparks under the Six Flags name. Its parks offer various thrill rides, water attractions, themed areas, concerts and shows, restaurants, game venues, and retail outlets. The company sells food, beverages, merchandise, and other products and services within its parks.

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