Insider Selling: Six Flags Entertainment Corp SVP Walter Hawrylak Sells 9,856 Shares of Stock (SIX)
Six Flags Entertainment Corp (NYSE:SIX) SVP Walter Hawrylak unloaded 9,856 shares of Six Flags Entertainment Corp stock on the open market in a transaction that occurred on Wednesday, August 6th. The stock was sold at an average price of $36.88, for a total transaction of $363,489.28. Following the completion of the transaction, the senior vice president now directly owns 240,110 shares of the company’s stock, valued at approximately $8,855,257. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
SIX has been the subject of a number of recent research reports. Analysts at Goldman Sachs reiterated a “positive” rating on shares of Six Flags Entertainment Corp in a research note on Monday, June 23rd. Analysts at Credit Suisse raised their price target on shares of Six Flags Entertainment Corp from $47.00 to $49.00 in a research note on Friday, June 20th. They now have an “outperform” rating on the stock.
Six Flags Entertainment Corp (NYSE:SIX) traded up 1.51% during mid-day trading on Friday, hitting $36.87. The stock had a trading volume of 775,601 shares. Six Flags Entertainment Corp has a one year low of $31.86 and a one year high of $43.19. The stock has a 50-day moving average of $40.42 and a 200-day moving average of $39.9. The company has a market cap of $3.513 billion and a price-to-earnings ratio of 26.49.
Six Flags Entertainment Corp (NYSE:SIX) last announced its earnings results on Monday, July 21st. The company reported $1.03 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.65 by $0.38. The company had revenue of $376.60 million for the quarter, compared to the consensus estimate of $396.22 million. During the same quarter in the prior year, the company posted $0.47 earnings per share. The company’s quarterly revenue was up 3.5% on a year-over-year basis. Analysts expect that Six Flags Entertainment Corp will post $1.45 EPS for the current fiscal year.
Six Flags Entertainment Corporation (NYSE:SIX), incorporated on December 09, 1997, owns and operates regional theme, water and zoological parks.
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