SeaWorld Entertainment Inc (NYSE:SEAS) CFO Peter J. Crage sold 3,000 shares of SeaWorld Entertainment stock in a transaction dated Thursday, May 25th. The stock was sold at an average price of $18.20, for a total transaction of $54,600.00. Following the sale, the chief financial officer now owns 275,435 shares of the company’s stock, valued at $5,012,917. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

SeaWorld Entertainment Inc (NYSE:SEAS) traded down 0.71% during midday trading on Friday, reaching $18.08. 1,514,219 shares of the company were exchanged. The firm’s 50-day moving average price is $17.55 and its 200 day moving average price is $18.13. The stock has a market capitalization of $1.54 billion, a price-to-earnings ratio of 160.00 and a beta of 0.69. SeaWorld Entertainment Inc has a 52-week low of $11.77 and a 52-week high of $20.13.

SeaWorld Entertainment (NYSE:SEAS) last issued its earnings results on Tuesday, May 9th. The company reported ($0.66) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.53) by $0.13. The business had revenue of $186.40 million during the quarter, compared to analyst estimates of $205.59 million. SeaWorld Entertainment had a negative net margin of 0.87% and a positive return on equity of 6.17%. SeaWorld Entertainment’s revenue for the quarter was down 15.3% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.56) EPS. Equities analysts predict that SeaWorld Entertainment Inc will post $0.67 earnings per share for the current year.

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SEAS has been the subject of a number of recent research reports. Zacks Investment Research downgraded shares of SeaWorld Entertainment from a “buy” rating to a “hold” rating in a report on Wednesday, February 1st. Janney Montgomery Scott reiterated a “buy” rating on shares of SeaWorld Entertainment in a report on Tuesday, February 21st. Jefferies Group LLC reiterated a “buy” rating and set a $24.00 price target on shares of SeaWorld Entertainment in a report on Tuesday, February 21st. FBR & Co reiterated a “buy” rating on shares of SeaWorld Entertainment in a report on Wednesday, February 22nd. Finally, Citigroup Inc downgraded shares of SeaWorld Entertainment from a “neutral” rating to a “sell” rating and lowered their price target for the stock from $19.00 to $15.00 in a report on Friday, March 17th. Five equities research analysts have rated the stock with a sell rating, five have given a hold rating and seven have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $17.78.

Institutional investors have recently modified their holdings of the stock. Legal & General Group Plc increased its position in shares of SeaWorld Entertainment by 1.7% in the first quarter. Legal & General Group Plc now owns 79,755 shares of the company’s stock worth $1,458,000 after buying an additional 1,352 shares in the last quarter. Symons Capital Management Inc. increased its position in shares of SeaWorld Entertainment by 10.1% in the fourth quarter. Symons Capital Management Inc. now owns 19,787 shares of the company’s stock worth $375,000 after buying an additional 1,812 shares in the last quarter. American International Group Inc. increased its position in shares of SeaWorld Entertainment by 7.1% in the first quarter. American International Group Inc. now owns 41,203 shares of the company’s stock worth $753,000 after buying an additional 2,730 shares in the last quarter. Teachers Advisors LLC increased its position in shares of SeaWorld Entertainment by 2.7% in the fourth quarter. Teachers Advisors LLC now owns 108,812 shares of the company’s stock worth $2,060,000 after buying an additional 2,882 shares in the last quarter. Finally, State Board of Administration of Florida Retirement System increased its position in shares of SeaWorld Entertainment by 10.5% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 53,710 shares of the company’s stock worth $1,017,000 after buying an additional 5,092 shares in the last quarter. Institutional investors own 91.42% of the company’s stock.

SeaWorld Entertainment Company Profile

SeaWorld Entertainment, Inc is a theme park and entertainment company. The Company owns or licenses a portfolio of brands, including SeaWorld, Sea Rescue and Busch Gardens. As of December 31, 2016, the Company had a diversified portfolio of 12 destination and regional theme parks that are located across the United States.

12 Month Chart for NYSE:SEAS

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