Marilyn G. Spiegel, Director at Six Flags Entertainment Corporation/NEW (FUN), bought 2,500 shares at $19.13 ($48K) on 2026-05-12, disclosed to the SEC on 2026-05-14.
Director Marilyn Spiegel purchased 2,500 shares at $19.12, representing the largest insider purchase in the company's history. This bullish signal arrives as the stock has fallen 11.65% over the last five days despite a 26.35% gain over the past 90 days.
FUN is currently trading at $20.09, which is 47.5% below the 52-week high of $38.27 and 60.59% above the 52-week low of $12.51.
The company reported Q1 2026 results on May 12 showing revenue of $225.63 million and higher attendance, while also announcing the sale of seven parks to EPR Properties for $331.40 million on the same date. Additionally, the appointment of NFL star Travis Kelce as a national brand ambassador on April 12 signals a new marketing push.
The stock has dropped 11.65% over the last five days, and Q1 2026 results included a seasonal net loss of $268.60 million despite revenue growth. High short interest of 0.2235% poses a risk if the turnaround strategy fails to materialize.
Something here stands out, but not much.