Insider Selling: Brad Andrews Sells 1,000 Shares of Seaworld Entertainment Stock (SEAS)
Seaworld Entertainment (NASDAQ:SEAS) Insider Brad Andrews unloaded 1,000 shares of Seaworld Entertainment stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $18.15, for a total transaction of $18,150.00. Following the sale, the insider now directly owns 160,447 shares in the company, valued at approximately $2,912,113. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
A number of analysts have recently weighed in on SEAS shares. Analysts at Credit Agricole initiated coverage on shares of Seaworld Entertainment in a research note on Monday. They set an “outperform” rating and a $23.00 price target on the stock. Separately, analysts at Credit Suisse initiated coverage on shares of Seaworld Entertainment in a research note on Monday. They set an “outperform” rating and a $23.00 price target on the stock. Finally, analysts at Barclays downgraded shares of Seaworld Entertainment from an “overweight” rating to an “underweight” rating in a research note on Thursday, August 14th. They now have a $40.00 price target on the stock. Two research analysts have rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $28.96.
Shares of Seaworld Entertainment (NASDAQ:SEAS) opened at 18.90 on Tuesday. Seaworld Entertainment has a one year low of $17.83 and a one year high of $35.30. The stock has a 50-day moving average of $27.11 and a 200-day moving average of $30.18. The company has a market cap of $1.639 billion and a P/E ratio of 17.86.
Seaworld Entertainment (NASDAQ:SEAS) last issued its quarterly earnings data on Wednesday, August 13th. The company reported $0.43 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.59 by $0.16. The company had revenue of $405.20 million for the quarter, compared to the consensus estimate of $445.29 million. On average, analysts predict that Seaworld Entertainment will post $0.83 earnings per share for the current fiscal year.
SeaWorld Entertainment, Inc is a theme park and entertainment company. The Company is engaged in delivering personal, interactive and educational experiences that blend imagination with nature and enable its customers to celebrate, connect with and care for the natural world.
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