Cedar Fair L P (FUN): Milkie Duffield , Executive VP – General Counsel of Cedar Fair L P sold 6,374 shares on Sep 20, 2016. The Insider selling transaction was reported by the company on Sep 22, 2016 to the Securities and Exchange Commission. The shares were sold at $60.84 per share for a total value of $387,794.16 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 3, 2016, Craig J Freeman (Senior VP, Administration) sold 1,794 shares at $60.03 per share price.On Jun 3, 2016, Thomas Klein (director) purchased 3,000 shares at $58.65 per share price.Also, On Feb 29, 2016, David R. Hoffman (Senior VP & CAO) purchased 10 shares at $57.46 per share price.On Feb 23, 2016, Kelley Semmelroth (Exec VP & CMO) sold 5,350 shares at $57.22 per share price.
Shares of Cedar Fair L.P. (FUN) ended Tuesday, Sep 21, 2016 session in red amid volatile trading. The shares closed down -0.52 points or -0.85% at $60.32 with 91,850 shares getting traded. Post opening the session at $60.98, the shares hit an intraday low of $60.32 and an intraday high of $61.04 and the price vacillated in this range throughout the day. The company has a market cap of $3,383 M and the number of outstanding shares has been calculated to be 5,60,76,294 shares. The 52-week high of Cedar Fair L.P. is $63.4 and the 52-week low is $48.4552.
Company has been under the radar of several Street Analysts.Cedar Fair L.P. is Upgraded by Macquarie to Outperform and the brokerage firm has raised the Price Target to $ 65 from a previous price target of $60 .Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Jul 8, 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.