Dave & Buster's Entertainment, Inc. (NASDAQ:PLAY) CFO Brian Jenkins sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, December 7th. The stock was sold at an average price of $54.09, for a total transaction of $540,900.00. Following the sale, the chief financial officer now directly owns 5,042 shares of the company’s stock, valued at $272,721.78. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Brian Jenkins also recently made the following trade(s):

  • On Wednesday, September 13th, Brian Jenkins sold 2,000 shares of Dave & Buster's Entertainment stock. The stock was sold at an average price of $52.30, for a total transaction of $104,600.00.

Shares of Dave & Buster's Entertainment, Inc. (NASDAQ PLAY) opened at $55.18 on Monday. Dave & Buster's Entertainment, Inc. has a 12 month low of $45.71 and a 12 month high of $73.48. The company has a quick ratio of 0.26, a current ratio of 0.38 and a debt-to-equity ratio of 0.70. The company has a market cap of $2,245.51, a P/E ratio of 22.07, a price-to-earnings-growth ratio of 1.41 and a beta of 0.58.

Dave & Buster's Entertainment (NASDAQ:PLAY) last issued its quarterly earnings data on Thursday, December 7th. The restaurant operator reported $0.29 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.23 by $0.06. Dave & Buster's Entertainment had a net margin of 10.20% and a return on equity of 24.82%. The company had revenue of $250.00 million during the quarter, compared to the consensus estimate of $255.70 million. During the same quarter in the prior year, the firm earned $0.25 earnings per share. The firm’s revenue was up 9.3% compared to the same quarter last year. equities research analysts forecast that Dave & Buster's Entertainment, Inc. will post 2.65 EPS for the current fiscal year.

Dave & Buster's Entertainment announced that its Board of Directors has initiated a stock buyback program on Friday, September 8th that authorizes the company to buyback $100.00 million in shares. This buyback authorization authorizes the restaurant operator to buy up to 4.7% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s leadership believes its shares are undervalued.

Several hedge funds have recently modified their holdings of the company. Alps Advisors Inc. increased its position in shares of Dave & Buster's Entertainment by 0.3% during the second quarter. Alps Advisors Inc. now owns 8,142 shares of the restaurant operator’s stock worth $542,000 after acquiring an additional 21 shares in the last quarter. Pinebridge Investments L.P. increased its position in shares of Dave & Buster's Entertainment by 1.0% during the second quarter. Pinebridge Investments L.P. now owns 4,933 shares of the restaurant operator’s stock worth $328,000 after acquiring an additional 50 shares in the last quarter. Renaissance Group LLC increased its position in shares of Dave & Buster's Entertainment by 0.9% during the second quarter. Renaissance Group LLC now owns 5,811 shares of the restaurant operator’s stock worth $386,000 after acquiring an additional 54 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Dave & Buster's Entertainment by 0.6% during the second quarter. JPMorgan Chase & Co. now owns 13,637 shares of the restaurant operator’s stock worth $907,000 after acquiring an additional 79 shares in the last quarter. Finally, Pacad Investment Ltd. increased its position in shares of Dave & Buster's Entertainment by 1.0% during the second quarter. Pacad Investment Ltd. now owns 8,800 shares of the restaurant operator’s stock worth $585,000 after acquiring an additional 89 shares in the last quarter.

A number of research firms recently weighed in on PLAY. BMO Capital Markets set a $72.00 price target on shares of Dave & Buster's Entertainment and gave the stock an “outperform” rating in a research note on Tuesday, August 29th. SunTrust Banks lowered their target price on shares of Dave & Buster's Entertainment to $80.00 and set a “buy” rating for the company in a research note on Wednesday, December 6th. Canaccord Genuity reaffirmed a “buy” rating and issued a $70.00 target price on shares of Dave & Buster's Entertainment in a research note on Wednesday, December 6th. Maxim Group reaffirmed a “buy” rating and issued a $78.00 target price on shares of Dave & Buster's Entertainment in a research note on Wednesday, September 6th. Finally, Zacks Investment Research raised shares of Dave & Buster's Entertainment from a “hold” rating to a “buy” rating and set a $67.00 target price for the company in a research note on Tuesday, August 22nd. One investment analyst has rated the stock with a sell rating, one has given a hold rating and ten have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $71.10.

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Dave & Buster's Entertainment Company Profile

Dave & Buster’s Entertainment, Inc owns and operates entertainment and dining venues for adults and families in North America. Its venues offer a menu of ‘Fun American New Gourmet’ entrées and appetizers, as well as a selection of non-alcoholic and alcoholic beverages; and an assortment of entertainment attractions centered on playing games and watching live sports, and other televised events.

Insider Buying and Selling by Quarter for Dave & Buster's Entertainment (NASDAQ:PLAY)

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