Six Flags Entertainment Corp (SIX) Files Form 4 Insider Selling : Usman Nabi Sells 175,000 Shares

Six Flags Entertainment Corp (SIX): Usman Nabi , director of Six Flags Entertainment Corp sold 175,000 shares on Apr 29, 2016. The Insider selling transaction was reported by the company on May 3, 2016 to the Securities and Exchange Commission. The shares were sold at $59.97 per share for a total value of $1049475 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 29, 2016, James Reid-anderson (Exec. Chairman) sold 200,000 shares at $61.55 per share price.On Mar 11, 2016, Brett Petit (Senior VP – Marketing) sold 18,432 shares at $54.00 per share price.Also, On Mar 9, 2016, Lance C Balk (Exec. VP and General Counsel) sold 333 shares at $52.11 per share price.On Mar 9, 2016, Walter Hawrylak (SVP- Administration, Secretary) sold 200 shares at $51.85 per share price.

Shares of Six Flags Entertainment Corp (SIX) ended Monday, May 2, 2016 session in red amid volatile trading. The shares closed down -0.36 points or -0.60% at $59.69 with 8,06,573 shares getting traded. Post opening the session at $59.9, the shares hit an intraday low of $59.36 and an intraday high of $60.26 and the price vacillated in this range throughout the day. The company has a market cap of $5,568 M and the number of outstanding shares has been calculated to be 9,32,74,927 shares. The 52-week high of Six Flags Entertainment Corp is $62.69 and the 52-week low is $41.6.

Six Flags Entertainment Corp Money Flow Index Chart

Company has been under the radar of several Street Analysts.Six Flags Entertainment Corp is Reiterated by Wedbush to Outperform and the brokerage firm has raised the Price Target to $ 68 from a previous price target of $64 .The Rating was issued on Apr 28, 2016.Six Flags Entertainment Corp is Reiterated by Wedbush to Outperform and the brokerage firm has raised the Price Target to $ 64 from a previous price target of $58 .The Rating was issued on Apr 4, 2016.Six Flags Entertainment Corp is Upgraded by FBR Capital to Outperform and the brokerage firm has raised the Price Target to $ 64 from a previous price target of $58 .Earlier the firm had a rating of Mkt Perform on the company shares. The Rating was issued on Apr 1, 2016.Six Flags Entertainment Corp is Initiated by Sterne Agee CRT to Neutral and the brokerage firm has set the Price Target at $58. The Rating was issued on Mar 29, 2016.

Six Flags Entertainment Corporation (Six Flags) is a regional theme park operator. The Company operates 18 regional theme and water parks. Of these 16 are located in the United States one is located in Mexico City Mexico and one is located in Montreal Canada. Its parks generally offer a selection of thrill rides water attractions themed areas concerts and shows restaurants game venues and retail outlets. The Company’s parks offer approximately 800 rides including over 130 roller coasters. Its parks include Six Flags America Six Flags Discovery Kingdom Six Flags Fiesta Texas Six Flags Great Adventure & Safari Six Flags Great America Six Flags St. Louis Six Flags Magic Mountain Six Flags Mexico Six Flags New England Six Flags Over Georgia Six Flags Whitewater Atlanta Six Flags Over Texas La Ronde and Six Flags Great Escape Lodge & Indoor Waterpark.

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