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

Lucky Strike Entertainment (NYSE:LUCK) Director John Alan Young bought 1,000 shares of the business’s stock in a transaction on Friday, February 21st. The shares were acquired 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 owns 65,738 shares in the company, valued at approximately $690,249. This trade represents a 1.54 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

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 cost of $10.13 per share, for a total transaction of $37,329.05.

Lucky Strike Entertainment Stock Up 3.3 %

Shares of LUCK stock opened at $10.86 on Wednesday. The business’s 50 day moving average is $10.76. Lucky Strike Entertainment has a 52 week low of $9.61 and a 52 week high of $14.92. The firm has a market cap of $1.55 billion, a P/E ratio of -1,084.92 and a beta of 0.77.

Lucky Strike Entertainment (NYSE:LUCK) last posted its quarterly earnings data on Wednesday, February 5th. The company reported $0.06 earnings per share (EPS) for the quarter, hitting 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%. On average, sell-side analysts forecast that Lucky Strike Entertainment will post 0.43 earnings per share for the current year.

Lucky Strike Entertainment Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 7th. Investors of record on Friday, February 21st will be given a $0.055 dividend. This represents a $0.22 dividend on an annualized basis and a dividend yield of 2.03%. The ex-dividend date is Friday, February 21st. Lucky Strike Entertainment’s dividend payout ratio is currently -2,200.00%.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. reissued a “neutral” rating and set a $12.00 price objective (down previously 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.