Insider Buying: Lucky Strike Entertainment (NYSE:LUCK) Director Acquires $27,286.11 in Stock

Lucky Strike Entertainment (NYSE:LUCK) Director John Young bought 8,049 shares of the company’s stock in a transaction on Wednesday, November 11th. The stock was purchased at an average cost of $3.39 per share, for a total transaction of $27,286.11. Following the completion of the transaction, the director directly owned 113,863 shares of the company’s stock, valued at approximately $385,995.57. The trade was a 7.61% increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

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

• On Thursday, November 12th, John Young purchased 2,600 shares of Lucky Strike Entertainment stock. The shares were purchased at an average price of $3.06 per share, with a total value of $7,956.00.
• On Tuesday, November 10th, John Young purchased 1,100 shares of Lucky Strike Entertainment stock. The shares were acquired at an average cost of $3.42 per share, with a total value of $3,762.00.
• On Monday, November 9th, John Young acquired 7,453 shares of Lucky Strike Entertainment stock. The stock was acquired at an average price of $3.74 per share, for a total transaction of $27,874.22.
• On Friday, November 6th, John Young acquired 7,543 shares of Lucky Strike Entertainment stock. The stock was acquired at an average price of $3.86 per share, for a total transaction of $29,115.98.
• On Tuesday, September 1st, John Young acquired 1,000 shares of Lucky Strike Entertainment stock. The stock was acquired at an average cost of $614.00 per share, for a total transaction of $614,000.00.
• On Monday, August 31st, John Young acquired 400 shares of Lucky Strike Entertainment stock. The stock was acquired at an average cost of $6.25 per share, for a total transaction of $2,500.00.
• On Friday, August 28th, John Young bought 2,800 shares of Lucky Strike Entertainment stock. The shares were acquired at an average price of $6.23 per share, with a total value of $17,444.00.

Lucky Strike Entertainment Trading Down 3.1%

LUCK stock traded down $0.10 during midday trading on Thursday, reaching $3.12. 318,071 shares of the company’s stock traded hands, compared to its average volume of 125,649. Lucky Strike Entertainment has a 52-week low of $2.93 and a 52-week high of $9.59. The stock has a market cap of $425.21 million, a P/E ratio of -7.25 and a beta of 0.71. The stock’s 50-day moving average is $4.95 and its 200 day moving average is $7.07.

Lucky Strike Entertainment (NYSE:LUCK) last released its quarterly earnings results on Thursday, November 5th. The company reported ($0.21) earnings per share for the quarter, missing the consensus estimate of ($0.11) by ($0.10). The business had revenue of $302.64 million for the quarter, compared to analyst estimates of $297.79 million. As a group, research analysts expect that Lucky Strike Entertainment will post -0.14 EPS for the current fiscal year.

Lucky Strike Entertainment Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 22nd. Stockholders of record on Tuesday, September 8th were given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 7.7%. The ex-dividend date of this dividend was Tuesday, September 8th. Lucky Strike Entertainment’s payout ratio is presently -55.81%.

Key Lucky Strike Entertainment News

These are some of the LUCK news items that stood out recently:

• Positive Sentiment: Director John Young bought 11,749 shares across transactions from November 10–12, increasing his holdings. The purchases, made at average prices of $3.06 to $3.42, may signal confidence in the company at lower share levels. SEC filing
• Negative Sentiment: Noble Financial cut its FY2027 EPS estimate to a loss of $0.14 from expected earnings of $0.17. It also lowered its Q3 estimate to $0.18 from $0.24 and its Q4 estimate to a loss of $0.05 from a loss of $0.01, indicating a weaker profit outlook. Noble Financial forecast article
• Negative Sentiment: A report’s headline says Lucky Strike shares have fallen sharply and the dividend is gone. The loss of dividend income may make the stock less attractive to income-focused investors. Dividend article

Hedge Funds Weigh In On Lucky Strike Entertainment

Hedge funds have recently made changes to their positions in the business. Great Lakes Advisors LLC bought a new stake in Lucky Strike Entertainment during the 2nd quarter valued at approximately $1,361,000. Rice Hall James & Associates LLC boosted its stake in Lucky Strike Entertainment by 52.7% in the 1st quarter. Rice Hall James & Associates LLC now owns 481,189 shares of the company’s stock worth $4,003,000 after purchasing an additional 166,104 shares during the period. Finally, Squarepoint Ops LLC grew its holdings in Lucky Strike Entertainment by 69.8% during the 2nd quarter. Squarepoint Ops LLC now owns 22,158 shares of the company’s stock valued at $166,000 after buying an additional 9,112 shares in the last quarter. Institutional investors own 68.11% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on LUCK shares. Weiss Ratings reissued a “sell (d)” rating on shares of Lucky Strike Entertainment in a report on Thursday, October 29th. Jefferies Financial Group set a $10.00 price target on shares of Lucky Strike Entertainment in a report on Thursday, August 27th. Zacks Research upgraded shares of Lucky Strike Entertainment from a “strong sell” rating to a “hold” rating in a research report on Monday, October 26th. Stifel Nicolaus reduced their price objective on shares of Lucky Strike Entertainment from $9.00 to $8.00 and set a “buy” rating for the company in a research note on Friday, August 28th. Finally, Roth Capital set a $6.50 price objective on shares of Lucky Strike Entertainment in a research report on Friday, August 28th. Four analysts have rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $8.06.

About Lucky Strike Entertainment

Lucky Strike Entertainment operates bowling and entertainment venues across the United States and Canada. Its locations offer bowling alongside attractions such as arcade games and laser tag, as well as food and beverage services. The company serves both individual customers and groups, hosting birthday parties, corporate events and bowling leagues. Its venues operate under brands including Lucky Strike, Bowlero and AMF. Previously known as Bowlero Corp., the company adopted the Lucky Strike Entertainment name in 2024.