15% Of This Lucky Strike Entertainment Insider's Holdings Were Sold

Viewing insider transactions for Lucky Strike Entertainment Corporation's (NYSE:LUCK ) over the last year, we see that insiders were net sellers. This means that a larger number of shares were sold by insiders in relation to shares purchased.

Although we don't think shareholders should simply follow insider transactions, logic dictates you should pay some attention to whether insiders are buying or selling shares.

See our latest analysis for Lucky Strike Entertainment

Lucky Strike Entertainment Insider Transactions Over The Last Year

In the last twelve months, the biggest single sale by an insider was when the Director, Michelle Wilson, sold US$2.0m worth of shares at a price of US$13.98 per share. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. It's of some comfort that this sale was conducted at a price well above the current share price, which is US$11.46. So it may not shed much light on insider confidence at current levels. Michelle Wilson was the only individual insider to sell over the last year.

In the last twelve months insiders purchased 945.67 shares for US$12k. But insiders sold 279.00k shares worth US$3.6m. Michelle Wilson ditched 279.00k shares over the year. The average price per share was US$13.05. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

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Have Lucky Strike Entertainment Insiders Traded Recently?

There was only a small bit of insider buying, worth US$3.2k, in the last three months. Overall, we don't think these recent trades are particularly informative, one way or the other.

Does Lucky Strike Entertainment Boast High Insider Ownership?

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. I reckon it's a good sign if insiders own a significant number of shares in the company. Lucky Strike Entertainment insiders own about US$117m worth of shares (which is 7.0% of the company). I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

So What Do The Lucky Strike Entertainment Insider Transactions Indicate?

Insider purchases may have been minimal, in the last three months, but there was no selling at all. That said, the purchases were not large. While we gain confidence from high insider ownership of Lucky Strike Entertainment, we can't say the same about their transactions in the last year, in the absence of further purchases. While it's good to be aware of what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. Every company has risks, and we've spotted 2 warning signs for Lucky Strike Entertainment (of which 1 is a bit unpleasant!) you should know about.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.