{
  "symbol": "LTH",
  "company": "Life Time Group Holdings, Inc.",
  "generated_at": "2026-06-24T07:36:49.738Z",
  "event_count": 3,
  "events": [
    {
      "type": "scout_dossier",
      "ts": "2026-05-27T02:32:55.994Z",
      "summary": "Life Time Group Holdings operates 189 premium athletic country clubs across the U.S. and Canada with a highly recurring subscription-based membership model generating ~72% of center revenue from dues/enrollment fees. The investigation trigger (4 Form 4s in last 14 days) is technically met but after full reading of all 30 recent filings, there are ZERO open-market P-code insider purchases. Instead the dominant signal is large-scale selling by legacy PE sponsors — Leonard Green Partners entities sold approximately 12 million shares on May 21, 2026 at $32.51 and previously ~5 million on May 7 at $31.46; Partners Group sold ~1.2M shares on May 21 and ~750K on May 7. All insider A-code transactions in the cluster were RSU vestings (price=$0), not cash purchases. Q1 FY2026 delivered strong beats (+9.89% EPS surprise, +8.39%) with management raising full-year guidance. The stock is near its 52-week high ($35.33) at $33.22 — only 5.97% below peak. Forward P/E of ~17x for a cyclical consumer discretionary name in an asset-heavy real-estate-leveraged business leaves little margin of safety.",
      "verdict": "no_anomaly",
      "confidence": 4,
      "tool_calls": 23,
      "walltime_min": 15,
      "debug_path": "dossiers/2026-05-27-LTH.scout.debug.json"
    },
    {
      "type": "analyst_decision",
      "ts": "2026-05-12T01:59:54.807Z",
      "skip": true,
      "reason": "Score of 19 reflects heavy PE sponsor selling, elevated leverage (4.1x net debt/EBITDA), negative FCF, and active anti-signal flags for dilution/concentration. The dossier explicitly notes no clear fundamental edge the market is missing, and Scout's range-bound verdict is accurate; no income or long structure justifies the risk/reward at current levels.",
      "score": 19,
      "breakdown": {
        "smart_money": 0,
        "options_flow": 0,
        "catalyst": 15,
        "mispricing": 0,
        "quality": 0,
        "technical": 4
      },
      "debug_path": "drafts/2026-05-12-LTH.analyst.debug.json"
    },
    {
      "type": "scout_dossier",
      "ts": "2026-05-12T01:59:15.045Z",
      "summary": "After thorough review of all 25 Form 4 filings in the last 60 days and reading transaction codes directly: there are ZERO open-market purchases by insiders. The investigation trigger was a cluster of PE-sponsor exits (Leonard Green, Partners Group) plus routine employee option exercises — all coded S (sale). The company also repurchased 2.19M shares from these sponsors at $28.60 on May 7. Q1 2026 earnings were solid (+9.8% EPS beat), new clubs are opening aggressively in Phoenix and Orlando, and a $200M sale-leaseback was completed with another $200M planned for 2026 — all constructive signals. But the stock sits ~5% below its 52-week high at $32.34 versus analyst target of $40.79 (26% upside), with elevated RSI and heavy call OI at $35 creating technical resistance.",
      "verdict": "range_bound_or_income",
      "confidence": 5,
      "tool_calls": 24,
      "walltime_min": 16,
      "debug_path": "dossiers/2026-05-12-LTH.scout.debug.json"
    }
  ],
  "lessons": [],
  "chart_signal": {
    "ticker": "LTH",
    "call": "BUY",
    "confidence": 4,
    "score": 6,
    "factors": {
      "above_200dma": "+2",
      "above_50dma": "+1",
      "momentum_up": "+1 (10.9%)",
      "rsi_overbought": "-1 (72.9)",
      "macd_above_signal": "+1",
      "recent_macd_bullish_cross": "+1 (6d ago)",
      "near_52w_high": "+1 (0.0% from high)"
    },
    "summary": "BUY (score +6) · 12-1 mom 10.9% · RSI 72.9 · above_both · 0.0% from high",
    "last_close": 37.83,
    "one_month_ago_close": 32.95,
    "twelve_month_ago_close": 29.7,
    "twelve_one_momentum_pct": 10.94,
    "rsi_14": 72.9,
    "ma_stack": "above_both",
    "from_period_high_pct": 0,
    "period_high": 37.83,
    "price_targets": {
      "bear": 26.48,
      "fair": 36.88,
      "bull": 45,
      "bear_return_pct": -30,
      "fair_return_pct": -2.5,
      "bull_return_pct": 19,
      "method": "street_targets ⨯ chart_floors",
      "street": {
        "target_low": 34,
        "target_mean": 41.35714,
        "target_high": 45,
        "analyst_count": 14
      }
    },
    "generated_at": "2026-06-24T07:36:49.732Z"
  }
}