Six Flags Entertainment Co. (NYSE:SIX – Get Rating) has received an average rating of “Hold” from the thirteen analysts that are presently covering the firm, MarketBeat Ratings reports. Six research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $30.64.
SIX has been the topic of a number of recent research reports. B. Riley decreased their price objective on Six Flags Entertainment from $24.00 to $23.00 and set a “neutral” rating on the stock in a research report on Monday, October 31st. Truist Financial cut their target price on Six Flags Entertainment from $20.00 to $18.00 and set a “hold” rating on the stock in a research note on Wednesday, October 5th. Oppenheimer cut their target price on Six Flags Entertainment to $27.00 in a research note on Tuesday, November 15th. Rosenblatt Securities cut their target price on Six Flags Entertainment from $56.00 to $28.00 and set a “buy” rating on the stock in a research note on Friday, August 12th. Finally, William Blair cut Six Flags Entertainment from an “outperform” rating to a “market perform” rating and upped their target price for the company from $22.00 to $47.00 in a research note on Friday, November 11th.
Insider Buying and Selling at Six Flags Entertainment
In related news, Director Arik W. Ruchim bought 50,000 shares of the company’s stock in a transaction on Monday, September 12th. The shares were acquired at an average price of $23.89 per share, with a total value of $1,194,500.00. Following the transaction, the director now owns 10,550,000 shares of the company’s stock, valued at $252,039,500. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In related news, Director Arik W. Ruchim bought 50,000 shares of the company’s stock in a transaction on Monday, September 12th. The shares were acquired at an average price of $23.89 per share, with a total value of $1,194,500.00. Following the transaction, the director now owns 10,550,000 shares of the company’s stock, valued at $252,039,500. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Gary Mick bought 4,175 shares of the company’s stock in a transaction on Tuesday, September 13th. The shares were bought at an average cost of $22.85 per share, for a total transaction of $95,398.75. Following the transaction, the chief financial officer now directly owns 34,175 shares in the company, valued at approximately $780,898.75. The disclosure for this purchase can be found here. In the last 90 days, insiders have purchased 904,175 shares of company stock valued at $21,049,899. 0.41% of the stock is currently owned by corporate insiders.
Institutional Trading of Six Flags Entertainment
Hedge funds and other institutional investors have recently made changes to their positions in the business. Commonwealth Equity Services LLC lifted its holdings in shares of Six Flags Entertainment by 5.1% during the 1st quarter. Commonwealth Equity Services LLC now owns 40,141 shares of the company’s stock valued at $1,746,000 after purchasing an additional 1,953 shares during the last quarter. HighTower Advisors LLC lifted its holdings in shares of Six Flags Entertainment by 2.6% during the 1st quarter. HighTower Advisors LLC now owns 96,371 shares of the company’s stock valued at $4,190,000 after purchasing an additional 2,463 shares during the last quarter. WINTON GROUP Ltd lifted its holdings in shares of Six Flags Entertainment by 123.2% during the 2nd quarter. WINTON GROUP Ltd now owns 73,534 shares of the company’s stock valued at $1,596,000 after purchasing an additional 40,586 shares during the last quarter. Belpointe Asset Management LLC lifted its holdings in shares of Six Flags Entertainment by 66.4% during the 2nd quarter. Belpointe Asset Management LLC now owns 10,099 shares of the company’s stock valued at $219,000 after purchasing an additional 4,030 shares during the last quarter. Finally, SG Americas Securities LLC lifted its holdings in shares of Six Flags Entertainment by 59.5% during the 2nd quarter. SG Americas Securities LLC now owns 78,708 shares of the company’s stock valued at $1,708,000 after purchasing an additional 29,352 shares during the last quarter. Hedge funds and other institutional investors own 92.10% of the company’s stock.
Six Flags Entertainment Price Performance
Shares of SIX stock opened at $22.97 on Tuesday. Six Flags Entertainment has a 1 year low of $16.83 and a 1 year high of $47.24. The stock’s 50 day simple moving average is $21.06 and its two-hundred day simple moving average is $22.84. The company has a market cap of $1.91 billion, a PE ratio of 20.15 and a beta of 2.19.
Six Flags Entertainment Company Profile
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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