Lucky Strike Entertainment (LUCK) To Go Ex-Dividend on August 29th

Lucky Strike Entertainment (NYSE:LUCK) announced a quarterly dividend on Tuesday, August 19th, RTT News reports. Stockholders of record on Friday, August 29th will be paid a dividend of 0.055 per share on Friday, September 12th. This represents a c) dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date is Friday, August 29th.

Lucky Strike Entertainment Trading Down 1.7%

Shares of Lucky Strike Entertainment stock opened at $10.04 on Thursday. The business’s 50 day simple moving average is $9.84 and its 200-day simple moving average is $9.72. The stock has a market capitalization of $1.41 billion, a price-to-earnings ratio of -143.41 and a beta of 0.75. Lucky Strike Entertainment has a twelve month low of $7.66 and a twelve month high of $13.25.

Insider Activity at Lucky Strike Entertainment

In other news, CEO Thomas F. Shannon acquired 20,000 shares of the business’s stock in a transaction dated Wednesday, May 28th. The stock was acquired at an average price of $8.73 per share, for a total transaction of $174,600.00. Following the completion of the acquisition, the chief executive officer directly owned 2,364,000 shares in the company, valued at $20,637,720. This represents a 0.85% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. Over the last 90 days, insiders acquired 22,350 shares of company stock valued at $194,778. 79.90% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Farther Finance Advisors LLC bought a new position in Lucky Strike Entertainment during the second quarter valued at about $30,000. Spire Wealth Management bought a new position in Lucky Strike Entertainment during the second quarter valued at about $42,000. PNC Financial Services Group Inc. bought a new position in Lucky Strike Entertainment during the second quarter valued at about $50,000. Bank of America Corp DE bought a new position in Lucky Strike Entertainment during the second quarter valued at about $94,000. Finally, Invesco Ltd. bought a new position in Lucky Strike Entertainment during the second quarter valued at about $114,000. Institutional investors own 68.11% of the company’s stock.

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.