Six Flags Entertainment (NYSE: SIX ) Insider Buys for $756,000, Adds $146,000 After $178M Market Cap Rally

Six Flags Entertainment (NYSE ticker symbol: VI) insiders who bought shares in the past 12 months were rewarded handsomely last week. The stock rose 8.8%, adding $178 million to the company’s market value. As a result, the stock they originally bought for $756,000 is now worth $902,000.

While insider trading is not the most important thing when it comes to long-term investing, logically you should be aware that insider trading is buying and selling stocks.

Check out our latest analysis for Six Flags Entertainment

Six Flags Insider Deals Over the Past Year

In the past year, the largest insider transaction we can see is the purchase of $207,000 worth of stock by Executive Vice President Gary Mick at $22.28 per share. While we’d love to see insider buying, we’re noticing that this big buy is trading well below the recent $26.52 price. Since these shares were bought at a lower price, this particular purchase doesn’t tell us much about what insiders think about the current share price.

Gary Mick bought 34.00k shares for the year. The average price per share is $22.22. You can see last year’s insider transactions (by company and individual) in the table below. If you click on the chart, you can see all individual trades including share price, individual and date!

Six Flags isn’t the only stock insiders are buying.so look at this free List of growth companies with insider buying.

Does Six Flags Entertainment Have High Insider Ownership?

Looking at the total number of insider holdings in a company can help to see if they are aligned with common stockholders. We generally like to see fairly high levels of insider ownership. Six Flags Entertainment insiders own a stake worth about $19 million. This amounts to 0.9% of the company. While this is a strong but not outstanding level of insider ownership, it is enough to suggest some alignment between management and minority shareholders.

So what does Six Flags Entertainment’s insider trading show?

The fact that there have been no insider deals at Six Flags recently certainly doesn’t bother us. On the plus side, last year’s deals were encouraging. Insiders have stakes in Six Flags, and we see no evidence that they are worried about the future. In addition to being aware of ongoing insider trading, it can be beneficial to identify the risks facing Six Flags Entertainment.To assist with this problem, we found 2 warning signs You should take a closer look to get a better understanding of Six Flags Entertainment.

certainly, You might find a great investment by looking elsewhere. so look at this free Interesting list of companies.

For the purposes of this article, an insider is an individual who reports their transactions to the relevant regulator. We currently consider open market transactions and private dispositions, but not derivatives transactions.

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This article by Simply Wall St is general in nature. We use only an unbiased methodology to provide reviews based on historical data and analyst forecasts, and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock and does not take into account your objectives or your financial situation. Our goal is to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not take into account the latest price-sensitive company announcements or qualitative material. Simply Wall St has no positions in any of the stocks mentioned.