Director Rehan Jaffer purchased 250,000 shares of FUN for $5,887,675.00 in 2 transactions at $23.69 and $23.41
Director Rehan Jaffer executed 2 separate purchases totaling 250,000 shares for $5,887,675.00, increasing his holdings by 5.4% from 4,650,000 to 4,900,000 shares. The transactions occurred at $23.69 and $23.41 per share—below the current price of $24.45—while the company posted a negative net income of $-268,600,000.00 over its most recent full fiscal year despite reporting revenue growth of 14.4%. This substantial buy-in ($5.9M) by a director in an unprofitable company, coupled with recent strong price momentum (+39.0% over 90 days), merits examination of whether it reflects insider conviction or other considerations given the company's profitability challenges.