Six Flags Entertainment (NYSE:FUN) Stock: Insider Christopher Lawrence Bennett Acquires 5,000 Shares

Six Flags Entertainment Corporation (NYSE:FUN) insider Christopher Lawrence Bennett acquired 5,000 shares of the stock in a transaction that occurred on Friday, November 6th. The stock was purchased at an average price of $9.32 per share, for a total transaction of $46,600.00. Following the completion of the transaction, the insider owned 51,697 shares in the company, valued at $481,816.04. The trade was a 10.71% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link.

Six Flags Entertainment Stock Performance

Shares of FUN opened at $10.12 on Wednesday. The company has a debt-to-equity ratio of 43.34, a quick ratio of 0.46 and a current ratio of 0.52. The stock has a market capitalization of $1.04 billion, a P/E ratio of -1.11 and a beta of 0.50. The company’s fifty day moving average is $10.84 and its two-hundred day moving average is $16.65. Six Flags Entertainment Corporation has a 1 year low of $6.60 and a 1 year high of $26.28.

Six Flags Entertainment (NYSE:FUN) last released its earnings results on Thursday, November 5th. The company reported ($3.59) EPS for the quarter, missing the consensus estimate of $1.93 by ($5.52). The firm had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.16 billion. Six Flags Entertainment had a negative return on equity of 15.95% and a negative net margin of 31.91%. The firm’s revenue was down 11.0% on a year-over-year basis. During the same quarter last year, the business posted ($2.20) EPS. On average, sell-side analysts predict that Six Flags Entertainment Corporation will post -2.79 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. BlackRock Inc. acquired a new stake in Six Flags Entertainment in the 2nd quarter valued at about $339,057,000. Kanen Wealth Management LLC acquired a new position in Six Flags Entertainment during the first quarter worth about $15,063,000. Bank of New York Mellon Corp acquired a new position in Six Flags Entertainment during the second quarter worth about $11,975,000. Jupiter Topco LLC acquired a new position in Six Flags Entertainment during the second quarter worth about $10,348,000. Finally, Jefferies Financial Group Inc. purchased a new stake in shares of Six Flags Entertainment in the third quarter valued at about $4,884,000. Institutional investors and hedge funds own 64.65% of the company’s stock.

Wall Street Analyst Weigh In

FUN has been the topic of a number of recent analyst reports. Zacks Research raised Six Flags Entertainment from a “strong sell” rating to a “hold” rating in a report on Monday, October 12th. Stifel Nicolaus set a $15.00 price objective on Six Flags Entertainment in a research report on Thursday, November 5th. Citizens Jmp reduced their target price on Six Flags Entertainment from $24.00 to $14.00 and set a “market outperform” rating for the company in a report on Thursday, October 22nd. UBS Group reduced their target price on Six Flags Entertainment from $27.00 to $18.00 and set a “buy” rating for the company in a report on Friday, October 16th. Finally, Truist Financial decreased their target price on shares of Six Flags Entertainment from $28.00 to $22.00 and set a “buy” rating on the stock in a research report on Thursday, September 10th. Six analysts have rated the stock with a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $14.85.

Six Flags Entertainment News Summary

Here are the key news stories impacting Six Flags Entertainment this week:

• Positive Sentiment: Director Rehan Jaffer bought 1.45 million shares across three transactions on November 6, 9 and 10, investing about $14.9 million and increasing his holdings to 6.35 million shares. Other insiders also reported purchases, including Richard Haddrill (9,000 shares) and Christopher Lawrence Bennett (5,000 shares). These buys may signal confidence, though they do not offset the company’s operating and legal risks. Jaffer SEC filing Haddrill SEC filing Bennett SEC filing
• Negative Sentiment: Two law firms announced investigations into possible securities-law violations tied to statements about safety, maintenance and ride reliability. These are investigations, not findings of wrongdoing, but may add legal and reputational uncertainty after reported safety concerns. BFA Law investigation announcement Pomerantz investigation announcement
• Negative Sentiment: Recent quarterly results showed a steep earnings miss: Six Flags reported a loss of $3.59 per share versus consensus expectations for $1.93 in earnings. Revenue slightly topped estimates but fell 11% year over year, underscoring ongoing operating challenges.
• Negative Sentiment: JPMorgan cut its price target to $12 from $22 and Citi lowered its target to $10 from $13; both kept neutral ratings. The significant reductions suggest analysts have tempered their outlook. JPMorgan rating information Citi rating information
• Negative Sentiment: Reports have also highlighted roughly $5 billion in debt and plans to sell parks to reduce it, pointing to balance-sheet pressure and potential changes to the company’s portfolio. Report on debt and planned park sales

About Six Flags Entertainment

Six Flags Entertainment Corporation operates amusement parks, water parks and related resort properties. Its attractions include rides, live entertainment, family activities, dining and seasonal events, with access offered through single-day tickets, season passes and other guest programs. The company serves visitors across the United States, Canada and Mexico through parks that include properties formerly operated by both the Six Flags and Cedar Fair organizations. Six Flags Entertainment was formed when Cedar Fair and Six Flags combined in a merger completed in 2024.