Six Flags Entertainment (NYSE:FUN) Insider Richard Haddrill Buys 9,000 Shares of Company Stock

Six Flags Entertainment Corporation (NYSE:FUN) insider Richard Haddrill purchased 9,000 shares of the firm’s stock in a transaction dated Friday, November 6th. The shares were acquired at an average cost of $10.08 per share, with a total value of $90,720.00. Following the completion of the purchase, the insider directly owned 239,117 shares in the company, valued at approximately $2,410,299.36. This represents a 3.91% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Six Flags Entertainment Stock Performance

Shares of FUN opened at $10.12 on Wednesday. Six Flags Entertainment Corporation has a 12 month low of $6.60 and a 12 month high of $26.28. The firm has a fifty day simple moving average of $10.84 and a 200 day simple moving average of $16.65. The stock has a market capitalization of $1.04 billion, a price-to-earnings ratio of -1.11 and a beta of 0.50. The company has a current ratio of 0.52, a quick ratio of 0.46 and a debt-to-equity ratio of 43.34.

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

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Maryland State Retirement & Pension System grew its holdings in Six Flags Entertainment by 53.4% during the third quarter. Maryland State Retirement & Pension System now owns 22,804 shares of the company’s stock worth $244,000 after purchasing an additional 7,940 shares during the period. Jefferies Financial Group Inc. acquired a new position in Six Flags Entertainment during the third quarter worth approximately $4,884,000. Lido Advisors LLC bought a new stake in Six Flags Entertainment in the third quarter valued at approximately $1,022,000. State of Wyoming raised its stake in Six Flags Entertainment by 27.3% in the third quarter. State of Wyoming now owns 33,581 shares of the company’s stock valued at $360,000 after buying an additional 7,194 shares during the period. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al raised its stake in Six Flags Entertainment by 138.9% in the third quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 48,500 shares of the company’s stock valued at $519,000 after buying an additional 28,200 shares during the period. 64.65% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts recently issued reports on FUN shares. Guggenheim lowered their target price on Six Flags Entertainment from $28.00 to $17.00 and set a “buy” rating on the stock in a research report on Wednesday, October 21st. Truist Financial dropped their target price on Six Flags Entertainment from $28.00 to $22.00 and set a “buy” rating on the stock in a report on Thursday, September 10th. Citizens Jmp reduced their price target on Six Flags Entertainment from $24.00 to $14.00 and set a “market outperform” rating for the company in a research report on Thursday, October 22nd. The Goldman Sachs Group restated a “neutral” rating and issued a $9.00 price target on shares of Six Flags Entertainment in a research note on Friday. Finally, Oppenheimer decreased their price target on Six Flags Entertainment from $26.00 to $23.00 and set an “outperform” rating for the company in a research note on Friday, August 7th. Six research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Six Flags Entertainment has an average rating of “Hold” and a consensus price target of $14.85.

Key Stories Impacting Six Flags Entertainment

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.