Insider Sale: Director Yoshikazu Maruyama Sells 12,984 Shares of United Parks & Resorts Inc (PRKS)

On September 3, 2024, Yoshikazu Maruyama, a Director at United Parks & Resorts Inc (PRKS, Financial), executed a sale of 12,984 shares of the company. The transaction was documented in a recent SEC Filing. Following this transaction, the insider now owns 41,766 shares of United Parks & Resorts Inc.

United Parks & Resorts Inc operates as a diversified entertainment company, managing a portfolio of theme parks, water parks, and family entertainment centers. The company focuses on providing exceptional recreational experiences in various regions, aiming to enhance visitor satisfaction and drive repeat business.

The shares were sold at a price of $50.07 each. This sale contributes to a total of 15 insider sells over the past year, with no insider buys recorded in the same period. The insider transaction history reflects a predominant selling trend among the insiders of the company.

The current market cap of United Parks & Resorts Inc stands at approximately $3.095 billion. The stock's price-earnings ratio is 13.95, which is below both the industry median of 18.24 and the historical median for the company, suggesting a potentially lower valuation relative to its peers.

According to the GF Value, the intrinsic value of the stock is estimated at $63.97, indicating that at the current price of $50.07, United Parks & Resorts Inc is modestly undervalued. The GF Value is calculated considering historical trading multiples, an adjustment factor based on past returns and growth, and future business performance estimates provided by Morningstar analysts.

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This recent insider sale might interest investors tracking insider behaviors as an indicator of the company’s future performance and valuation adjustments. The ongoing selling trend and the current stock valuation relative to its GF Value suggest areas for further observation and analysis.

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Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.