Rehan Jaffer Increases Stake in Six Flags Entertainment
Rehan Jaffer has acquired 125,000 shares of Six Flags Entertainment, spending about $2.96 million.
Key Points
- Rehan Jaffer bought 125,000 shares of Six Flags Entertainment for $2.96 million at $23.69 per share.
- Shares of Six Flags Entertainment (NYSE:FUN) are trading at $23.34 with a market cap of $2.39 billion.
- Analysts from Truist Securities and UBS maintained buy ratings with price targets of $28 and $30 respectively.
Rehan Jaffer has made a significant purchase in Six Flags Entertainment Corporation, buying 125,000 shares valued at about $2.96 million. The transaction, which took place on June 12, 2026, was executed at an average price of $23.69 per share. This insider acquisition did not occur under a pre-arranged trading plan.
Insider Buying and Selling at Six Flags Entertainment Corporation
In addition to Rehan Jaffer's recent purchase, other insiders have been active as well. On June 15, Jaffer acquired another 125,000 shares at a price of $23.41 each. Earlier, on May 21, Marilyn Spiegel bought 2,500 shares at $19.10, and on May 12, Richard Haddrill, the Executive Chair, purchased 10,000 shares at $19.08.
Other Institutional Activity in Six Flags Entertainment
Several institutional investors have also adjusted their positions in Six Flags Entertainment. UBS Group AG increased its holdings by 3,834,958 shares, bringing its total to 9,114,678 shares worth approximately $161.8 million. Darlington Partners Capital Management added 3,500,000 shares, resulting in a total of 8,700,000 shares valued at $154.4 million. On the other hand, BlackRock, Inc. reduced its stake by 217,092 shares, leaving it with 15,161,824 shares worth about $269.1 million.
Six Flags Entertainment Stock Snapshot
Shares of Six Flags Entertainment, trading under the ticker FUN on the NYSE, are currently priced at $23.34. The company holds a market capitalization of approximately $2.39 billion. It has a forward P/E ratio of 51.42 and a beta of 0.38, indicating lower volatility compared to the broader market. The stock's 52-week range spans from $12.51 to $33.50, with a 50-day moving average of $20.04 and a 200-day moving average of $18.75.
Analysts Set New Price Targets
On June 12, 2026, Truist Securities maintained its buy rating on Six Flags Entertainment with a price target of $28. UBS also kept its buy rating on June 11, with a target of $30. The consensus among analysts is a buy, with an average target price of $26.75 based on 12 opinions.
About Six Flags Entertainment
Six Flags Entertainment Corporation operates amusement parks and resorts throughout North America, including the United States, Mexico, and Canada. The company, headquartered in Charlotte, North Carolina, was founded in 1983 and is led by CEO John T. Reilly. It manages a variety of amusement and water parks under its brand, providing entertainment and recreational activities.
Bottom Line
Rehan Jaffer's recent purchase of Six Flags Entertainment shares highlights ongoing interest in the leisure sector. The company's stock performance, alongside institutional and insider activities, offers insights into market sentiment. Investors often track these transactions for potential signals, though it's important to remember that insider buys and sells are not always indicative of future performance.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.
