Why insider trading matters?

When insiders buy shares on the open market, this can thus be regarded as a strong endorsement by those that know the company the best -- they are literally betting their own money on the company's future. Insider selling, however, is not necessarily meaningful in any way, as there is a range of reasons for insiders to liquidate (some) of the shares they own.

- Seeking Alpha
CEDAR FAIR L P (FUN)
Sector: Consumer Cyclical; Industry: Leisure

Cedar Fair, L.P. owns and operates amusement and water parks, and hotels in the United States and Canada. The company operates approximately 11 amusement parks, 2 outdoor water parks, 1 indoor water park, and 4 hotels. The company also manages and operates Gilroy Gardens Family Theme Park in Gilroy, California; and owns and operates the Castaway Bay Indoor Waterpark Resort in Sandusky, Ohio.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2020-03-11 FISHER TIM Chief Operating Officer Buy 3,660 $27.33 $100,028 No
2020-03-11 Ruisanchez Carlos Director Buy 5,000 $28.50 $142,500 No
2020-03-10 HECKMAN CRAIG EVP, Human Resources Buy 1,000 $32.94 $32,940 No
2020-03-06 Zimmerman Richard President & CEO Buy 5,000 $37.19 $185,950 No
2020-03-06 Witherow Brian C Executive VP & CFO Buy 5,000 $37.73 $188,650 No
2020-03-06 Scott John M III Director Buy 1,300 $37.78 $49,114 No
2020-03-06 DUFFIELD MILKIE Executive VP - General Counsel Buy 5,390 $37.15 $200,238 No
2020-03-06 Hoffman David R. Senior VP & CAO Buy 1,500 $37.49 $56,235 No
2020-02-28 Scott John M III Director Buy 5,700 $43.25 $246,525 No
2020-02-26 Ruisanchez Carlos Director Buy 5,000 $44.81 $224,050 No
2020-02-26 Hanrahan Daniel J Director Buy 11,250 $44.36 $499,050 No
2020-02-26 Hoffman David R. Senior VP & CAO Buy 280 $51.86 $14,521 No
2018-12-19 Zimmerman Richard President & CEO Buy 6,000 $48.92 $293,520 No
2018-11-05 KLEIN THOMAS Director Buy 20,000 $50.98 $1,019,600 No
2018-11-02 Hanrahan Daniel J Director Buy 15,000 $51.20 $768,000 No
2018-11-02 Affeldt Eric Director Buy 2,000 $51.44 $102,880 No
2018-08-06 KLEIN THOMAS Director Buy 10,000 $51.17 $511,700 No
2018-03-14 Ouimet Matthew A Executive Chairman Sell 2,000 $64.48 $128,962 No
2018-02-27 Ouimet Matthew A Executive Chairman Sell 4,000 $67.54 $270,170 No
2018-01-17 Ouimet Matthew A Executive Chairman Sell 2,000 $64.69 $129,380 No
2017-12-20 Ouimet Matthew A CEO Sell 6,000 $67.91 $407,460 No
2017-11-15 Ouimet Matthew A CEO Sell 4,000 $66.40 $265,600 No
2017-09-15 Ouimet Matthew A CEO Sell 2,000 $64.90 $129,800 No
2017-08-24 Ouimet Matthew A CEO Sell 3,000 $66.80 $200,400 No
2017-08-08 KLEIN THOMAS Director Buy 7,000 $66.13 $462,910 No
2017-07-11 Ouimet Matthew A CEO Sell 9,100 $68.89 $626,912 No
2017-06-21 Ouimet Matthew A CEO Sell 12,000 $71.20 $854,400 No
2017-06-15 Hoffman David R. Senior VP & CAO Sell 2,062 $70.91 $146,220 No
2017-05-16 Ouimet Matthew A CEO Sell 15,000 $70.15 $1,052,238 No
2017-04-11 Ouimet Matthew A CEO Sell 9,000 $68.13 $613,170 No

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