Insider Buying: Ardent Leisure Ltd (ALG) Insider Buys 4,000,000 Shares of Stock

Ardent Leisure Ltd (ASX:ALG) insider Gary Weiss purchased 4,000,000 shares of Ardent Leisure stock in a transaction that occurred on Friday, May 10th. The shares were bought at an average price of A$1.25 ($0.88) per share, for a total transaction of A$4,980,000.00 ($3,531,914.89).

Gary Weiss also recently made the following trade(s):

  • On Monday, April 15th, Gary Weiss bought 1,864,397 shares of Ardent Leisure stock. The shares were acquired at an average price of A$1.18 ($0.84) per share, for a total transaction of A$2,199,988.46 ($1,560,275.50).

Ardent Leisure stock traded up A$0.01 ($0.01) during trading hours on Thursday, reaching A$1.25 ($0.88). 869,172 shares of the company’s stock traded hands. The company has a current ratio of 0.37, a quick ratio of 0.15 and a debt-to-equity ratio of 23.10. Ardent Leisure Ltd has a fifty-two week low of A$1.09 ($0.77) and a fifty-two week high of A$2.08 ($1.48). The company has a market cap of $597.23 million and a PE ratio of -6.07.

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About Ardent Leisure

Ardent Leisure Group Limited invests in and operates leisure and entertainment businesses in Australia and the United States. The company operates through US Entertainment Centres and Australian Theme Parks segments. The US Entertainment Centres segment operates 41 entertainment centers in Texas, Arizona, Georgia, Illinois, Kentucky, Missouri, New Mexico, Ohio, Oklahoma, Kansas, Florida, Indiana, Pennsylvania, Tennessee, Maryland, and Delaware.

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