United Parks & Resorts CCO Finazzo sells $292,692 in stock
Christopher L. Finazzo, the Chief Commercial Officer of United Parks & Resorts Inc. (NASDAQ:PRKS), recently sold 6,622 shares of the company's common stock on August 6, 2026. The transaction yielded a total of $292,692, with each share sold at a price of $44.2. Currently, the stock trades at $44.02, boasting a market capitalization of $2 billion. According to InvestingPro analysis, the shares appear undervalued at their existing price. Since the sale, Finazzo retains 123,663 shares of United Parks & Resorts common stock.
In a separate development, United Parks & Resorts reported its second-quarter 2026 earnings on August 6, 2026, which fell short of Wall Street's expectations. The company generated $1.34 per share, falling below the estimated $1.69 per share. Revenue for the quarter amounted to $483.3 million, slightly below the forecast of $493.35 million.
Despite the earnings shortfall, United Parks & Resorts acknowledged higher spending per guest and anticipated stronger seasonal demand. Analyst firm Guggenheim raised its price target for United Parks to $54 from $51, maintaining a Buy rating. This decision came after reviewing United Parks' reported revenue of $483 million and adjusted EBITDA of $195 million, both of which closely aligned with Guggenheim's estimates. These recent developments underscore the ongoing activities and projections for United Parks & Resorts.
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