Insider Trends: Insider 90-Day Selling Trend Prolonged at Cedar Fair LP
04:36 PM EDT, 05/11/2021 (MT Newswires) -- Matthew A Ouimet, Director, on May 10, 2021, sold 250,000 shares in Cedar Fair LP (FUN) for $11,727,500. Subsequent to the Form 4 filing with the SEC, Ouimet owns 23,065 shares of company stock, which have a market value of $1,084,055 as of the prior-day closing price.
During the most recent 90-day period, previous to the date of this filing, there have been 23 insider transactions reported to the SEC for Cedar Fair LP. These transactions came from the activities of 8 different insiders that resulted in a net acquisition of 182,737 company shares. Relative to the preceding 90-day window of time, there were 5 transactions from 3 insiders that resulted in the net acquisition of 63,315 shares.
This level of insider transactions is below that of the peer group average in the 4-company Amusement Parks and Zoos peer group over the last 90-day period. Within the peer group activity averaged 178.5 transactions per company, and disposition of 3,299,803 shares on average.
SEC Story Link http://www.sec.gov/Archives/edgar/data/811532/000081153221000093/xslF345X03/wf-form4_162076519763302.xml
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