Six Flags Entertainment Co. (NYSE:SIX – Get Rating) Director Arik W. Ruchim acquired 150,000 shares of Six Flags Entertainment stock in a transaction on Monday, November 14th. The stock was acquired at an average cost of $23.62 per share, for a total transaction of $3,543,000.00. Following the purchase, the director now owns 11,250,000 shares of the company’s stock, valued at approximately $265,725,000. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Six Flags Entertainment Stock Performance
Six Flags Entertainment stock opened at $23.59 on Tuesday. The stock’s 50 day simple moving average is $20.75 and its two-hundred day simple moving average is $23.81. The stock has a market cap of $1.96 billion, a price-to-earnings ratio of 20.69 and a beta of 2.20. Six Flags Entertainment Co. has a fifty-two week low of $16.83 and a fifty-two week high of $47.24.
Institutional Trading of Six Flags Entertainment
Large investors have recently bought and sold shares of the company. Meeder Asset Management Inc. bought a new stake in Six Flags Entertainment during the 1st quarter valued at approximately $35,000. Migdal Insurance & Financial Holdings Ltd. boosted its position in shares of Six Flags Entertainment by 58.5% in the 1st quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,159 shares of the company’s stock worth $51,000 after purchasing an additional 428 shares in the last quarter. Captrust Financial Advisors boosted its position in shares of Six Flags Entertainment by 58.9% in the 1st quarter. Captrust Financial Advisors now owns 1,257 shares of the company’s stock worth $55,000 after purchasing an additional 466 shares in the last quarter. Spire Wealth Management boosted its position in shares of Six Flags Entertainment by 464.1% in the 2nd quarter. Spire Wealth Management now owns 1,258 shares of the company’s stock worth $27,000 after purchasing an additional 1,035 shares in the last quarter. Finally, Glassman Wealth Services boosted its position in shares of Six Flags Entertainment by 644.3% in the 2nd quarter. Glassman Wealth Services now owns 1,310 shares of the company’s stock worth $28,000 after purchasing an additional 1,134 shares in the last quarter. 92.10% of the stock is owned by institutional investors.
Analyst Ratings Changes
About Six Flags Entertainment
Six Flags Entertainment Corporation owns and operates regional theme and waterparks under the Six Flags name. Its parks offer various thrill rides, water attractions, themed areas, concerts and shows, restaurants, game venues, and retail outlets. The company also sells food, beverages, merchandise, and other products and services within its parks.
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