Insider Buying: Lucky Strike Entertainment (NYSE:LUCK) Director Buys $10,342.50 in Stock

Lucky Strike Entertainment (NYSE:LUCK) Director John Alan Young purchased 1,050 shares of Lucky Strike Entertainment stock in a transaction on Wednesday, March 5th. The stock was bought at an average price of $9.85 per share, for a total transaction of $10,342.50. Following the transaction, the director now directly owns 70,473 shares in the company, valued at approximately $694,159.05. The trade was a 1.51 % increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

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

• On Monday, February 24th, John Alan Young purchased 3,685 shares of Lucky Strike Entertainment stock. The stock was bought at an average price of $10.13 per share, for a total transaction of $37,329.05.
• On Friday, February 21st, John Alan Young purchased 1,000 shares of Lucky Strike Entertainment stock. The stock was bought at an average price of $10.50 per share, for a total transaction of $10,500.00.

Lucky Strike Entertainment Price Performance

Shares of NYSE:LUCK opened at $9.55 on Monday. The firm has a market cap of $1.37 billion, a P/E ratio of -954.05 and a beta of 0.76. The company has a 50-day simple moving average of $10.67. Lucky Strike Entertainment has a 1 year low of $8.90 and a 1 year high of $14.92.

Lucky Strike Entertainment (NYSE:LUCK) last announced its quarterly earnings data on Wednesday, February 5th. The company reported $0.06 earnings per share (EPS) 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%. Research analysts predict that Lucky Strike Entertainment will post 0.43 EPS for the current fiscal year.

Lucky Strike Entertainment Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 7th. Investors of record on Friday, February 21st were paid a dividend of $0.055 per share. This represents a $0.22 dividend on an annualized basis and a yield of 2.30%. The ex-dividend date was Friday, February 21st. Lucky Strike Entertainment’s dividend payout ratio (DPR) is currently -2,200.00%.

Analyst Ratings Changes

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

About Lucky Strike Entertainment

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.