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Insider Trends: Insider 90-Day Selling Trend Prolonged at Cedar Fair LP

05/11/2021 12:49

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

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.