Six Flags Entertainment Corp (NYSE:SIX) CEO James Reid-Anderson sold 25,456 shares of the business’s stock in a transaction that occurred on Monday, December 4th. The stock was sold at an average price of $66.31, for a total value of $1,687,987.36. Following the completion of the transaction, the chief executive officer now directly owns 3,520,146 shares in the company, valued at $233,420,881.26. The sale was disclosed in a legal filing with the SEC, which is available through this link.

James Reid-Anderson also recently made the following trade(s):

  • On Wednesday, December 6th, James Reid-Anderson sold 78,614 shares of Six Flags Entertainment stock. The stock was sold at an average price of $66.32, for a total value of $5,213,680.48.
  • On Thursday, November 9th, James Reid-Anderson sold 41,008 shares of Six Flags Entertainment stock. The stock was sold at an average price of $65.06, for a total value of $2,667,980.48.

Six Flags Entertainment Corp (NYSE SIX) traded down $0.02 during mid-day trading on Wednesday, hitting $66.11. The stock had a trading volume of 715,611 shares, compared to its average volume of 1,078,190. The company has a debt-to-equity ratio of -3.53, a quick ratio of 0.71 and a current ratio of 0.80. The firm has a market cap of $5,494.67, a P/E ratio of 31.38, a P/E/G ratio of 3.84 and a beta of 1.17. Six Flags Entertainment Corp has a one year low of $51.25 and a one year high of $66.64.

Six Flags Entertainment (NYSE:SIX) last posted its quarterly earnings results on Wednesday, October 25th. The company reported $2.11 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.80 by $0.31. The company had revenue of $580.40 million for the quarter, compared to the consensus estimate of $583.59 million. Six Flags Entertainment had a negative return on equity of 47.41% and a net margin of 13.24%. The firm’s quarterly revenue was up 4.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.09 EPS. analysts predict that Six Flags Entertainment Corp will post 2.13 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Monday, December 11th. Stockholders of record on Thursday, November 30th will be paid a $0.70 dividend. The ex-dividend date is Wednesday, November 29th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 4.24%. This is an increase from Six Flags Entertainment’s previous quarterly dividend of $0.64. Six Flags Entertainment’s dividend payout ratio is 133.97%.

Several hedge funds have recently bought and sold shares of SIX. Vanguard Group Inc. increased its position in shares of Six Flags Entertainment by 3.8% in the 2nd quarter. Vanguard Group Inc. now owns 6,163,474 shares of the company’s stock valued at $367,404,000 after buying an additional 226,884 shares in the last quarter. Janus Henderson Group PLC increased its position in shares of Six Flags Entertainment by 10.3% in the 3rd quarter. Janus Henderson Group PLC now owns 3,742,195 shares of the company’s stock valued at $228,049,000 after buying an additional 348,991 shares in the last quarter. BlackRock Inc. increased its position in shares of Six Flags Entertainment by 6.9% in the 2nd quarter. BlackRock Inc. now owns 3,526,508 shares of the company’s stock valued at $210,217,000 after buying an additional 228,249 shares in the last quarter. CI Investments Inc. increased its position in shares of Six Flags Entertainment by 0.4% in the 3rd quarter. CI Investments Inc. now owns 2,629,575 shares of the company’s stock valued at $160,246,000 after buying an additional 11,400 shares in the last quarter. Finally, Bessemer Group Inc. increased its position in shares of Six Flags Entertainment by 39.7% in the 3rd quarter. Bessemer Group Inc. now owns 1,815,344 shares of the company’s stock valued at $110,626,000 after buying an additional 516,125 shares in the last quarter. 99.45% of the stock is currently owned by institutional investors.

SIX has been the topic of several recent analyst reports. Hilliard Lyons raised Six Flags Entertainment from a “neutral” rating to a “buy” rating and set a $59.00 target price on the stock in a report on Wednesday, August 30th. Janney Montgomery Scott reaffirmed a “buy” rating and set a $70.00 price objective on shares of Six Flags Entertainment in a report on Tuesday, August 15th. Zacks Investment Research raised Six Flags Entertainment from a “sell” rating to a “hold” rating in a report on Saturday, October 28th. TheStreet raised Six Flags Entertainment from a “c+” rating to a “b-” rating in a report on Wednesday, October 25th. Finally, BidaskClub downgraded Six Flags Entertainment from a “sell” rating to a “strong sell” rating in a report on Thursday, August 10th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and nine have given a buy rating to the company. Six Flags Entertainment currently has a consensus rating of “Buy” and an average price target of $66.78.

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Six Flags Entertainment Company Profile

Six Flags Entertainment Corporation (Six Flags) is a regional theme park operator. The Company operates in the theme parks segment. The Company operates approximately 19 regional theme and water parks. Its parks occupy approximately 4,500 acres of land. Its parks are located in geographically diverse markets across North America.

Insider Buying and Selling by Quarter for Six Flags Entertainment (NYSE:SIX)

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