Six Flags Entertainment (FUN) CFO Ashok Walia Buys 40,595 Shares

CFO Makes Significant Purchase

On June 25, 2026, Ashok Walia, the Chief Financial Officer of Six Flags Entertainment Corporation (NYSE: FUN), bought 40,595 shares at $22.01 each. This purchase is valued at approximately $893,000. This transaction adds to a recent trend of insider buying within the company, which may signal confidence in its future performance.

Insider Buying and Selling at Six Flags Entertainment Corporation

Walia's purchase is part of a larger pattern of insider activity on the same day. Other executives also bought shares, including CEO John Reilly, who acquired 122,176 shares, and David Hoffman, the Chief Accounting Officer, who purchased 13,032 shares. Tayfun Tastepe, the Chief Digital & Tech Officer, also bought 13,032 shares. These transactions suggest that the leadership team is optimistic about the company's direction.

Stock Performance Context

As of June 25, 2026, Six Flags is trading at $22.01, which is above its 50-day moving average of $16.18. The stock also has a forward P/E ratio of 465.04, reflecting high expectations for future earnings growth, even though the company has faced challenges with negative earnings per share of $17.35. The stock's current price is significantly higher than its 52-week low of $12.00, indicating a positive shift in market sentiment.

Analysts Set New Price Targets

Analysts have maintained varied ratings on Six Flags. On October 8, 2026, Citigroup maintained a Neutral rating with a target price of $13.00, down from $17.00. Truist Securities also kept a Buy rating but lowered its target to $22.00 from $28.00 on September 10, 2026. Meanwhile, Barclays maintains an Overweight rating with a target of $22.00. The consensus among 13 analysts suggests a cautious outlook, with a mean target price of approximately $20.69.

What Six Flags Entertainment Corporation Does

Six Flags Entertainment Corporation operates amusement parks and resort properties across North America, including water parks and resorts in the United States, Mexico, and Canada. The company, which was known as Cedar Fair, L.P. until July 2024, continues to attract attention with its recent insider purchases.

What’s Next for Six Flags

Looking ahead, Six Flags is set to release its next earnings report on November 4, 2026. The recent insider trading activity, especially by top executives, will be closely watched by investors as it may indicate their confidence in the company's recovery and growth potential. Note that these insider transactions reflect positions as of June 25, 2026, and may not represent current holdings.