Alta Fundamental Advisers Cuts LUCK Stake by $8.73 Million
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 22 2025
0mins
Source: Fool
- Share Reduction: Alta Fundamental Advisers sold nearly 1.1 million shares of Lucky Strike Entertainment in Q3, resulting in an $8.73 million decrease in stake value, indicating a cautious outlook on the company's future performance.
- Stake Percentage Decline: Following the sale, the fund's ownership in LUCK dropped from 10.2% to 4.78%, reflecting a reassessment of its investment portfolio and risk management strategy.
- Financial Performance: Despite LUCK's revenue rising 12.3% year-over-year to $292.3 million in the latest quarter, it still reported a net loss of $13.8 million, highlighting pressures from expansion and interest expenses.
- Debt Burden: With net debt around $1.7 billion, the adjusted financing structure may increase fixed costs, potentially impacting the company more significantly as discretionary spending softens.
Analyst Views on LUCK
Wall Street analysts forecast LUCK stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for LUCK is 13.36 USD with a low forecast of 9.00 USD and a high forecast of 18.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
5 Buy
2 Hold
0 Sell
Moderate Buy
Current: 9.020
Low
9.00
Averages
13.36
High
18.00
Current: 9.020
Low
9.00
Averages
13.36
High
18.00
About LUCK
Lucky Strike Entertainment Corporation is an operator of location-based entertainment platforms. With over 360 locations across North America, it provides experiential offerings in bowling, amusements, water parks, and family entertainment centers. It also owns the Professional Bowlers Association, the major league of bowling and a growing media property that boasts millions of fans around the globe. It operates other forms of location-based entertainment, such as Octane Raceway, Raging Waves water park, Boomers Parks (inclusive of Big Kahuna’s water park) and Visalia Adventure Park. It serves through various brands, such as Bowlero, Lucky Strike, AMF and Bowl America. The AMF and Bowl America branded locations are traditional bowling centers. The Bowlero and Lucky Strike branded locations offer a more upscale entertainment concept with lounge seating, enhanced food and beverage offerings. The Visalia Adventure Park is a seven-acre family entertainment center in Visalia, California.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
