Six Flags Entertainment Corp (NYSE:SIX) Director Richard Roedel acquired 5,662 shares of the stock in a transaction that occurred on Friday, November 8th. The shares were bought at an average price of $44.13 per share, with a total value of $249,864.06. Following the completion of the purchase, the director now owns 16,738 shares in the company, valued at $738,647.94. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Shares of NYSE SIX traded up $1.13 during mid-day trading on Tuesday, hitting $45.94. 30,292 shares of the company traded hands, compared to its average volume of 1,860,323. Six Flags Entertainment Corp has a 1 year low of $40.72 and a 1 year high of $64.28. The stock has a market capitalization of $3.70 billion, a price-to-earnings ratio of 14.25, a PEG ratio of 2.48 and a beta of 0.92. The business has a 50 day moving average of $47.66 and a two-hundred day moving average of $52.00.

Six Flags Entertainment (NYSE:SIX) last announced its earnings results on Tuesday, October 22nd. The company reported $2.11 EPS for the quarter, missing the consensus estimate of $2.30 by ($0.19). Six Flags Entertainment had a net margin of 18.02% and a negative return on equity of 38.61%. The company had revenue of $621.18 million for the quarter, compared to analysts’ expectations of $643.90 million. During the same period in the prior year, the company earned $2.16 earnings per share. The company’s revenue for the quarter was up .2% on a year-over-year basis. As a group, equities analysts expect that Six Flags Entertainment Corp will post 2.68 EPS for the current fiscal year.

Several research firms have recently issued reports on SIX. Berenberg Bank cut Six Flags Entertainment from a “buy” rating to a “hold” rating in a research note on Friday, November 1st. SunTrust Banks cut their price objective on Six Flags Entertainment to $54.00 and set a “buy” rating for the company in a report on Thursday, October 24th. They noted that the move was a valuation call. Zacks Investment Research lowered Six Flags Entertainment from a “hold” rating to a “sell” rating in a report on Friday, October 25th. KeyCorp restated a “buy” rating and issued a $57.00 price objective (down previously from $62.00) on shares of Six Flags Entertainment in a report on Friday, October 25th. They noted that the move was a valuation call. Finally, B. Riley cut their price objective on Six Flags Entertainment from $70.00 to $67.00 and set a “buy” rating for the company in a report on Thursday, October 24th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and six have given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $60.00.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Whitener Capital Management Inc. acquired a new stake in Six Flags Entertainment in the 2nd quarter valued at approximately $44,000. Girard Partners LTD. bought a new position in Six Flags Entertainment during the third quarter worth about $86,000. AdvisorNet Financial Inc bought a new position in Six Flags Entertainment during the third quarter worth about $119,000. Victory Capital Management Inc. lifted its holdings in Six Flags Entertainment by 8.0% during the second quarter. Victory Capital Management Inc. now owns 3,115 shares of the company’s stock worth $155,000 after acquiring an additional 232 shares in the last quarter. Finally, Machina Capital S.A.S. bought a new position in Six Flags Entertainment during the second quarter worth about $178,000. 85.94% of the stock is owned by institutional investors and hedge funds.

Six Flags Entertainment Company Profile

Six Flags Entertainment Corporation owns and operates regional theme and water parks under the Six Flags name. The company's parks offer various thrill rides, water attractions, themed areas, concerts and shows, restaurants, game venues, and retail outlets. It owns and operates 25 parks, including 22 parks in the United States; 2 parks in Mexico; and 1 park in Montreal, Canada.

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

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