5,354 Shares in United Parks & Resorts Inc. (NYSE:PRKS) Bought by GFG Capital LLC

GFG Capital LLC bought a new position in United Parks & Resorts Inc. (NYSE:PRKS) during the fourth quarter, according to its most recent filing with the SEC. The firm bought 5,354 shares of the company’s stock, valued at approximately $301,000.

Other large investors also recently modified their holdings of the company. Hill Path Capital LP bought a new position in shares of United Parks & Resorts in the 3rd quarter worth $1,376,588,000. Eagle Asset Management Inc. bought a new position in shares of United Parks & Resorts in the 3rd quarter worth $21,959,000. Quest Partners LLC purchased a new stake in United Parks & Resorts in the 3rd quarter valued at $448,000. Goldentree Asset Management LP purchased a new stake in United Parks & Resorts in the 3rd quarter valued at $71,882,000. Finally, Simcoe Capital Management LLC purchased a new stake in United Parks & Resorts in the 3rd quarter valued at $110,983,000.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on PRKS. Truist Financial increased their price target on United Parks & Resorts from $60.00 to $64.00 and gave the company a “buy” rating in a research report on Friday, November 8th. Mizuho reissued an “underperform” rating and issued a $43.00 price target (down from $45.00) on shares of United Parks & Resorts in a research report on Friday, November 8th. Guggenheim decreased their target price on United Parks & Resorts from $72.00 to $70.00 and set a “buy” rating for the company in a research report on Tuesday, November 12th. Finally, Macquarie decreased their target price on United Parks & Resorts from $75.00 to $70.00 and set an “outperform” rating for the company in a research report on Friday, October 18th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $62.60.

United Parks & Resorts Stock Up 2.6 %

Shares of NYSE PRKS opened at $52.60 on Friday. United Parks & Resorts Inc. has a 52 week low of $44.72 and a 52 week high of $60.83. The business has a 50-day simple moving average of $54.70 and a two-hundred day simple moving average of $53.01. The company has a market cap of $2.89 billion, a P/E ratio of 13.18 and a beta of 1.99.

Insiders Place Their Bets

In other news, insider Christopher L. Finazzo sold 13,000 shares of United Parks & Resorts stock in a transaction dated Friday, December 13th. The stock was sold at an average price of $55.62, for a total transaction of $723,060.00. Following the completion of the sale, the insider now owns 132,439 shares in the company, valued at approximately $7,366,257.18. This trade represents a 8.94 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider James Mikolaichik purchased 34,000 shares of the company’s stock in a transaction dated Monday, November 18th. The shares were acquired at an average price of $57.29 per share, with a total value of $1,947,860.00. Following the transaction, the insider now owns 76,267 shares in the company, valued at approximately $4,369,336.43. The trade was a 80.44 % increase in their position. The disclosure for this purchase can be found here. 1.10% of the stock is owned by corporate insiders.

United Parks & Resorts Profile

United Parks & Resorts, Inc is a holding company, which engages in the ownership and operation of theme parks. Its portfolio includes SeaWorld, Busch Gardens, Aquatica, Discovery Cove, Sesame Place, and Sea Rescue. The company was founded in 1959 and is headquartered in Orlando, FL.