Add as a preferred source on GoogleSix Flags Insiders Purchased About $15.1 Million in Shares
Director Rehan Jaffer’s 1.45 million shares accounted for about $14.9 million. Executive Chair Richard M. Haddrill and Chief Legal Officer Christopher Lawrence Bennett bought a combined $137,320.
Insider purchases in Six Flags Entertainment (NYSE: FUN) totaled about $15.1 million from Nov. 6-10, while shares rose 9.25% Wednesday, Nov. 11, to close at $11.10, up from $10.16 at the previous close.
Director Rehan Jaffer accounted for about $14.9 million, with 1.45 million shares bought through funds managed by H Partners Management. The purchases were 700,000 shares at a weighted average price of $10 on Nov. 6, 350,000 at $10.86 on Nov. 9 and 400,000 at $10.32 on Nov. 10. The funds held the shares; Jaffer disclaimed beneficial ownership except for his pecuniary interest.
Executive Chair Richard M. Haddrill bought 9,000 shares at a weighted average price of $10.08 on Nov. 6. Chief Legal Officer Christopher Lawrence Bennett bought 5,000 shares at a weighted average of $9.32 that day. Their purchases totaled $137,320.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.