Cedar Fair L P (FUN): Thomas Klein , director of Cedar Fair L P purchased 3,000 shares on May 16, 2016. The Insider buying transaction was reported by the company on May 17, 2016 to the Securities and Exchange Commission. The shares were purchased at $58.00 per share for a total value of $174,000.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 24, 2016, Craig J Freeman (Senior VP, Administration) sold 1,781 shares at $59.76 per share price.On Feb 29, 2016, David R. Hoffman (Senior VP & CAO) purchased 10 shares at $57.46 per share price.Also, On Feb 23, 2016, Kelley Semmelroth (Exec VP & CMO) sold 5,350 shares at $57.22 per share price.On Feb 23, 2016, Eric Affeldt (director) sold 5,000 shares at $56.20 per share price.
Shares of Cedar Fair L.P. (FUN) ended Monday, May 16, 2016 session in red amid volatile trading. The shares closed down -0.16 points or -0.27% at $58.03 with 1,98,140 shares getting traded. Post opening the session at $58.59, the shares hit an intraday low of $57.8 and an intraday high of $58.7 and the price vacillated in this range throughout the day. The company has a market cap of $3,254 M and the number of outstanding shares has been calculated to be 5,60,68,506 shares. The 52-week high of Cedar Fair L.P. is $60.64 and the 52-week low is $48.4552.
Company has been under the radar of several Street Analysts.Cedar Fair L.P. is Reiterated by FBR Capital to Outperform while Lowering the Price Target of the company shares to $ 60 from a previous price target of $64 . The Rating was issued on Feb 18, 2016.
Cedar Fair L.P. is an operator of regional amusement parks. The Company owns 11 amusement parks three outdoor water parks one indoor water park and five hotels. Its amusement parks include Cedar Point located on Lake Erie between Cleveland and Toledo in Sandusky Ohio; Kings Island near Cincinnati Ohio; Canada’s Wonderland near Toronto Canada; Dorney Park & Wildwater Kingdom (Dorney Park) located near Allentown in South Whitehall Township Pennsylvania; Valleyfair located near Minneapolis/St. Paul in Shakopee Minnesota; Michigan’s Adventure located near Muskegon Michigan; Kings Dominion near Richmond Virginia; Carowinds in Charlotte North Carolina; Worlds of Fun located in Kansas City Missouri; Knott’s Berry Farm located near Los Angeles in Buena Park California and California’s Great America (Great America) located in Santa Clara California. The Company also manages and operates Gilroy Gardens Family Theme Park in Gilroy California.