SeaWorld Entertainment, Inc. (NYSE:SEAS) CEO Marc Swanson Sells 4,000 Shares

SeaWorld Entertainment, Inc. (NYSE:SEASGet Rating) CEO Marc Swanson sold 4,000 shares of the firm’s stock in a transaction dated Friday, September 16th. The stock was sold at an average price of $54.17, for a total transaction of $216,680.00. Following the completion of the transaction, the chief executive officer now owns 166,129 shares of the company’s stock, valued at $8,999,207.93. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Marc Swanson also recently made the following trade(s):

  • On Thursday, August 18th, Marc Swanson sold 4,000 shares of SeaWorld Entertainment stock. The stock was sold at an average price of $54.12, for a total transaction of $216,480.00.
  • On Friday, July 15th, Marc Swanson sold 4,000 shares of SeaWorld Entertainment stock. The stock was sold at an average price of $41.07, for a total transaction of $164,280.00.

SeaWorld Entertainment Stock Down 3.0 %

NYSE:SEAS opened at $53.59 on Friday. SeaWorld Entertainment, Inc. has a 12 month low of $40.01 and a 12 month high of $76.57. The firm has a market cap of $3.62 billion, a price-to-earnings ratio of 14.48 and a beta of 2.04. The company’s 50 day moving average is $50.30 and its 200-day moving average is $56.38.

SeaWorld Entertainment (NYSE:SEASGet Rating) last released its quarterly earnings results on Thursday, August 4th. The company reported $1.62 EPS for the quarter, beating analysts’ consensus estimates of $1.59 by $0.03. SeaWorld Entertainment had a net margin of 16.87% and a negative return on equity of 227.46%. The company had revenue of $504.80 million for the quarter, compared to analyst estimates of $504.35 million. During the same quarter last year, the firm posted $1.59 earnings per share. The company’s quarterly revenue was up 14.8% compared to the same quarter last year. Research analysts predict that SeaWorld Entertainment, Inc. will post 4.36 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts have commented on the stock. Stifel Nicolaus decreased their target price on shares of SeaWorld Entertainment from $94.00 to $66.00 in a report on Wednesday, July 20th. StockNews.com raised shares of SeaWorld Entertainment from a “hold” rating to a “buy” rating in a research report on Thursday, September 8th. Citigroup reduced their price target on shares of SeaWorld Entertainment from $62.00 to $52.00 and set a “neutral” rating for the company in a research report on Friday, July 8th. KeyCorp lowered shares of SeaWorld Entertainment to a “sector weight” rating in a research report on Tuesday, July 19th. Finally, B. Riley increased their price target on shares of SeaWorld Entertainment from $76.00 to $79.00 in a research report on Friday, August 5th. Four investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, SeaWorld Entertainment presently has a consensus rating of “Moderate Buy” and a consensus price target of $73.44.

Institutional Investors Weigh In On SeaWorld Entertainment

Hedge funds and other institutional investors have recently modified their holdings of the stock. Panagora Asset Management Inc. acquired a new stake in shares of SeaWorld Entertainment in the first quarter worth $3,904,000. Alberta Investment Management Corp acquired a new stake in shares of SeaWorld Entertainment in the fourth quarter worth $854,000. Rinkey Investments acquired a new stake in shares of SeaWorld Entertainment in the fourth quarter worth $37,000. Quantitative Investment Management LLC acquired a new stake in shares of SeaWorld Entertainment in the first quarter worth $775,000. Finally, King Street Capital Management L.P. acquired a new stake in shares of SeaWorld Entertainment in the fourth quarter worth $117,000.

SeaWorld Entertainment Company Profile

(Get Rating)

SeaWorld Entertainment, Inc, together with its subsidiaries, operates as a theme park and entertainment company in the United States. The company operates SeaWorld theme parks in Orlando, Florida; San Antonio, Texas; and San Diego, California, as well as Busch Gardens theme parks in Tampa, Florida, and Williamsburg, Virginia.

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Insider Buying and Selling by Quarter for SeaWorld Entertainment (NYSE:SEAS)

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