Insider Buying: Ardent Leisure Ltd (ALG) Insider Buys 4,000,000 Shares of Stock

Ardent Leisure Ltd (ASX:ALG) insider Gary Weiss purchased 4,000,000 shares of the company’s stock in a transaction dated Friday, May 10th. The stock was bought at an average cost of A$1.25 ($0.88) per share, for a total transaction of A$4,980,000.00 ($3,531,914.89).

Gary Weiss also recently made the following trade(s):

  • On Wednesday, May 15th, Gary Weiss purchased 2,200,000 shares of Ardent Leisure stock. The stock was bought at an average cost of A$1.25 ($0.88) per share, for a total transaction of A$2,739,000.00 ($1,942,553.19).
  • On Monday, April 15th, Gary Weiss purchased 1,864,397 shares of Ardent Leisure stock. The stock was bought at an average cost of A$1.18 ($0.84) per share, for a total transaction of A$2,199,988.46 ($1,560,275.50).

ASX ALG opened at A$1.25 ($0.88) on Friday. Ardent Leisure Ltd has a 1-year low of A$1.09 ($0.77) and a 1-year high of A$2.08 ($1.48). The company has a debt-to-equity ratio of 23.10, a quick ratio of 0.15 and a current ratio of 0.37. The firm has a market capitalization of $597.23 million and a PE ratio of -6.07.

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About Ardent Leisure

Ardent Leisure Group Limited invests in and operates leisure and entertainment businesses in Australia and the United States. The company operates through US Entertainment Centres and Australian Theme Parks segments. The US Entertainment Centres segment operates 41 entertainment centers in Texas, Arizona, Georgia, Illinois, Kentucky, Missouri, New Mexico, Ohio, Oklahoma, Kansas, Florida, Indiana, Pennsylvania, Tennessee, Maryland, and Delaware.

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