Insider Buying: Lucky Strike Entertainment (NYSE:LUCK) Director Buys 3,685 Shares of Stock

Lucky Strike Entertainment (NYSE:LUCK) Director John Alan Young purchased 3,685 shares of the stock in a transaction dated Monday, February 24th. The stock was acquired at an average price of $10.13 per share, for a total transaction of $37,329.05. Following the completion of the transaction, the director now directly owns 69,423 shares of the company’s stock, valued at approximately $703,254.99. The trade was a 5.61 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

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

• On Friday, February 21st, John Alan Young bought 1,000 shares of Lucky Strike Entertainment stock. The stock was bought at an average cost of $10.50 per share, for a total transaction of $10,500.00.

Lucky Strike Entertainment Stock Performance

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

Lucky Strike Entertainment (NYSE:LUCK) last posted its quarterly earnings data 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 net margin of 1.11% and a negative return on equity of 35.76%. As a group, analysts predict that Lucky Strike Entertainment will post 0.43 earnings per share for the current year.

Lucky Strike Entertainment Announces Dividend

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

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. reissued a “neutral” rating and set a $12.00 price target (down previously from $15.00) on shares of Lucky Strike Entertainment in a research report 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.