Tuesday’s insider buys and sells: Six Flags director adds $15M stake

On Tuesday, Six Flags Entertainment Corporation (FUN) director Rehan Jaffer made a substantial commitment to the theme park operator by purchasing 1,450,000 shares at prices ranging from $10.00 to $10.86 per share, totaling $14,929,000. This coincided with a 36% return for the stock over the past week, although shares remain down 54% over the past six months. InvestingPro analysis suggests the stock may be slightly overvalued at current levels.

In contrast, Columbus McKinnon Corp. (CMCO) President and CEO David J. Wilson bolstered his stake in the company, acquiring 32,631 shares at prices between $16.65 and $17.52 per share, for a total of $551,349. Despite a 9% gain for the stock over the past week, Trading analysis indicates CMCO appears undervalued at present.