Insider Buying: Lucky Strike Entertainment (NYSE:LUCK) Director Buys 1,000 Shares of Stock

Lucky Strike Entertainment (NYSE:LUCK) Director John Alan Young purchased 1,000 shares of the company’s stock in a transaction dated Friday, February 21st. The shares were bought at an average price of $10.50 per share, for a total transaction of $10,500.00. Following the completion of the transaction, the director now directly owns 65,738 shares in the company, valued at approximately $690,249. This trade represents a 1.54 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

John Alan Young also recently made the following trade(s):

• On Monday, February 24th, John Alan Young acquired 3,685 shares of Lucky Strike Entertainment stock. The shares were bought at an average price of $10.13 per share, with a total value of $37,329.05.

Lucky Strike Entertainment Price Performance

NYSE:LUCK traded down $0.14 during mid-day trading on Monday, hitting $10.50. The stock had a trading volume of 509,640 shares, compared to its average volume of 544,470. Lucky Strike Entertainment has a 52 week low of $9.61 and a 52 week high of $14.92. The stock has a market capitalization of $1.50 billion, a PE ratio of -1,048.95 and a beta of 0.77. The stock’s 50 day moving average is $10.76.

Lucky Strike Entertainment (NYSE:LUCK) last released its quarterly earnings results on Wednesday, February 5th. The company reported $0.06 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.06. Lucky Strike Entertainment had a negative return on equity of 35.76% and a net margin of 1.11%. Equities research analysts anticipate that Lucky Strike Entertainment will post 0.43 EPS for the current year.

Lucky Strike Entertainment Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 7th. Shareholders of record on Friday, February 21st will be given a dividend of $0.055 per share. The ex-dividend date of this dividend is Friday, February 21st. This represents a $0.22 dividend on an annualized basis and a yield of 2.10%. Lucky Strike Entertainment’s dividend payout ratio (DPR) is presently -2,197.80%.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $12.00 target price (down from $15.00) on shares of Lucky Strike Entertainment in a research note on Friday, January 17th.

Lucky Strike Entertainment Company Profile

Lucky Strike Entertainment Corp. engages in operating bowling centers. It offers entertainment concepts with lounge seating, arcades, food and beverage offerings, and hosting and overseeing professional and non-professional bowling tournaments and related broadcasting. The company was founded by Thomas F.