Lucky strike director John Alan Young buys $13,287 in stock

John Alan Young, a director at Lucky Strike Entertainment Corp (NASDAQ:LUCK), recently acquired additional shares in the company, as the stock trades near its 52-week low of $9.30. According to a recent SEC filing, Young purchased a total of 1,360 shares of Class A Common Stock over two days, with a total transaction value of $13,287. The shares were acquired at prices ranging from $9.50 to $9.85 per share, notably above the current price of $9.15. This insider purchase comes as the stock has declined over 25% in the past year. Following these transactions, Young’s total direct ownership now stands at 70,783 shares. The company, currently valued at $1.28 billion, operates with significant debt concerns and trades at a notably high P/E ratio of 1550x. InvestingPro subscribers can access detailed insider trading patterns and 10+ additional key insights about LUCK’s financial health and valuation metrics.

In other recent news, Lucky Strike Entertainment announced its fiscal second-quarter 2025 results, revealing that both revenue and adjusted EBITDA did not meet projections. The company reported sales of $300 million, falling short of the $318 million expected by analysts. EBITDA for the quarter was $99 million, below the anticipated $109 million. In strategic developments, Lucky Strike completed the acquisition of Visalia Adventure Park in California, expanding its family entertainment portfolio. This acquisition aligns with the company’s strategy to enhance its experiential offerings. Meanwhile, JPMorgan downgraded Lucky Strike’s stock rating from Overweight to Neutral, citing challenges in the pricing environment for bowling services. The firm also lowered the price target from $15.00 to $12.00. Despite these challenges, Lucky Strike secured $150 million in incremental term loans to support general corporate purposes, including potential acquisitions. Canaccord Genuity and Oppenheimer maintained their ratings on the stock, with price targets of $18.00 and $15.00, respectively, reflecting cautious optimism about the company’s growth potential.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.