Six Flags Ownership
| FUN Stock | USD 48.35 2.16 4.68% |
Shares in Circulation | First Issued 1987-03-31 | Previous Quarter 51.4 M | Current Value 101 M | Avarage Shares Outstanding 51.9 M | Quarterly Volatility 6.8 M |
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
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Six Stock Ownership Analysis
About 94.0% of the company shares are owned by institutional investors. The company last dividend was issued on the 5th of June 2024. Six Flags Entertainment had 2:1 split on the 18th of November 1997. Cedar Fair, L.P. owns and operates amusement and water parks, and complementary resort facilities in the United States and Canada. The company was founded in 1983 and is headquartered in Sandusky, Ohio. Cedar Fair operates under Leisure classification in the United States and is traded on New York Stock Exchange. It employs 4000 people. To learn more about Six Flags Entertainment call Richard Zimmerman at 419 626 0830 or check out https://www.sixflags.com.Besides selling stocks to institutional investors, Six Flags also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Six Flags' stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Six Flags' strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.
Six Flags Quarterly Liabilities And Stockholders Equity |
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Six Flags Insider Trades History
Less than 1% of Six Flags Entertainment are currently held by insiders. Unlike Six Flags' institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Six Flags' private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of Six Flags' insider trades
Six Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Six Flags is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Six Flags Entertainment backward and forwards among themselves. Six Flags' institutional investor refers to the entity that pools money to purchase Six Flags' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Hawk Ridge Management Llc | 2024-09-30 | 1.7 M | Spears Abacus Advisors Llc | 2024-09-30 | 1.6 M | 40 North Industries Llc | 2024-09-30 | 1.5 M | Long Pond Capital, Lp | 2024-09-30 | 1.4 M | Jgd Management Corp | 2024-09-30 | 1.3 M | Goldman Sachs Group Inc | 2024-09-30 | 1.2 M | Nitorum Capital, L.p. | 2024-09-30 | 1.1 M | Neuberger Berman Group Llc | 2024-09-30 | 1.1 M | Ubs Group Ag | 2024-09-30 | 1.1 M | Vanguard Group Inc | 2024-09-30 | 10 M | H Partners Management, Llc | 2024-09-30 | 6.4 M |
Six Flags Entertainment Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Six Flags insiders, such as employees or executives, is commonly permitted as long as it does not rely on Six Flags' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Six Flags insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Carlos Ruisanchez over a week ago Disposition of 19736 shares by Carlos Ruisanchez of Six Flags subject to Rule 16b-3 | ||
Richard Zimmerman over three months ago Acquisition by Richard Zimmerman of 41901 shares of Six Flags subject to Rule 16b-3 | ||
Charles Myers over three months ago Acquisition by Charles Myers of 2588 shares of Six Flags subject to Rule 16b-3 | ||
Louis Carr over six months ago Disposition of tradable shares by Louis Carr of Cedar Fair subject to Rule 16b-3 | ||
Brian Witherow over six months ago Disposition of 4014 shares by Brian Witherow of Cedar Fair at .24 subject to Rule 16b-3 | ||
Richard Zimmerman over a year ago Payment of 9253 shares by Richard Zimmerman of Cedar Fair subject to Rule 16b-3 | ||
Richard Zimmerman over a year ago Exercise or conversion by Richard Zimmerman of 32929 shares of Cedar Fair subject to Rule 16b-3 | ||
Richard Zimmerman over a year ago Acquisition by Richard Zimmerman of 34578 shares of Cedar Fair subject to Rule 16b-3 |
Six Flags Outstanding Bonds
Six Flags issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Six Flags Entertainment uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Six bonds can be classified according to their maturity, which is the date when Six Flags Entertainment has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| Cedar Fair 5375 Corp BondUS150190AB26 | View | |
| CEDAR FAIR L Corp BondUS150190AE64 | View | |
| US150190AK25 Corp BondUS150190AK25 | View | |
| BNP Paribas FRN Corp BondUSF1R15XK367 | View | |
| AerCap Global Aviation Corp BondUS00773HAA59 | View |
Six Flags Corporate Filings
8K | 6th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 5th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
| 16th of September 2024 Other Reports | ViewVerify | |
| 12th of July 2024 Other Reports | ViewVerify |
Pair Trading with Six Flags
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Six Flags position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Six Flags will appreciate offsetting losses from the drop in the long position's value.Moving together with Six Stock
Moving against Six Stock
| 0.59 | WING | Wingstop | PairCorr |
| 0.51 | QSR | Restaurant Brands | PairCorr |
| 0.5 | MCD | McDonalds Fiscal Year End 3rd of February 2025 | PairCorr |
The ability to find closely correlated positions to Six Flags could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Six Flags when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Six Flags - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Six Flags Entertainment to buy it.
The correlation of Six Flags is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Six Flags moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Six Flags Entertainment moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Six Flags can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Six Flags Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Six Flags. If investors know Six will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Six Flags listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.74) | Dividend Share 0.3 | Earnings Share 2.4 | Revenue Per Share 38.014 | Quarterly Revenue Growth 0.601 |
The market value of Six Flags Entertainment is measured differently than its book value, which is the value of Six that is recorded on the company's balance sheet. Investors also form their own opinion of Six Flags' value that differs from its market value or its book value, called intrinsic value, which is Six Flags' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Six Flags' market value can be influenced by many factors that don't directly affect Six Flags' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Six Flags' value and its price as these two are different measures arrived at by different means. Investors typically determine if Six Flags is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Six Flags' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.