Dave & Buster's Entertainment, Inc. (NASDAQ:PLAY) SVP Jay L. Tobin sold 4,000 shares of Dave & Buster's Entertainment stock in a transaction on Friday, December 15th. The stock was sold at an average price of $55.00, for a total transaction of $220,000.00. Following the completion of the transaction, the senior vice president now directly owns 52,071 shares of the company’s stock, valued at $2,863,905. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Dave & Buster's Entertainment, Inc. (NASDAQ PLAY) opened at $55.45 on Friday. Dave & Buster's Entertainment, Inc. has a 52 week low of $45.71 and a 52 week high of $73.48. The company has a current ratio of 0.38, a quick ratio of 0.26 and a debt-to-equity ratio of 0.70. The company has a market cap of $2,256.48, a PE ratio of 22.18, a P/E/G ratio of 1.41 and a beta of 0.58.

Dave & Buster's Entertainment (NASDAQ:PLAY) last released its quarterly earnings results on Thursday, December 7th. The restaurant operator reported $0.29 EPS for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $250.00 million during the quarter, compared to analysts’ expectations of $255.70 million. During the same period in the previous year, the company earned $0.25 EPS. The firm’s revenue for the quarter was up 9.3% compared to the same quarter last year. analysts predict that Dave & Buster's Entertainment, Inc. will post 2.65 earnings per share for the current year.

Dave & Buster's Entertainment announced that its board has initiated a stock repurchase plan on Friday, September 8th that authorizes the company to repurchase $100.00 million in shares. This repurchase authorization authorizes the restaurant operator to repurchase up to 4.7% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s board of directors believes its shares are undervalued.

A number of research firms recently commented on PLAY. Raymond James Financial set a $63.00 price target on shares of Dave & Buster's Entertainment and gave the stock a “buy” rating in a research note on Wednesday, December 6th. Canaccord Genuity reaffirmed a “buy” rating and set a $70.00 price target on shares of Dave & Buster's Entertainment in a research note on Wednesday, December 6th. Maxim Group lifted their price target on shares of Dave & Buster's Entertainment from $78.00 to $84.00 and gave the stock a “buy” rating in a research note on Wednesday, December 6th. BMO Capital Markets dropped their price target on shares of Dave & Buster's Entertainment to $68.00 and set an “outperform” rating for the company in a research note on Wednesday, December 6th. Finally, Wells Fargo & Company dropped their price target on shares of Dave & Buster's Entertainment from $71.00 to $66.00 and set an “outperform” rating for the company in a research note on Thursday, November 30th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and ten have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $71.10.

A number of institutional investors have recently added to or reduced their stakes in the business. Alps Advisors Inc. boosted its position in Dave & Buster's Entertainment by 0.3% in the 2nd quarter. Alps Advisors Inc. now owns 8,142 shares of the restaurant operator’s stock valued at $542,000 after buying an additional 21 shares during the period. Pinebridge Investments L.P. boosted its position in Dave & Buster's Entertainment by 1.0% in the 2nd quarter. Pinebridge Investments L.P. now owns 4,933 shares of the restaurant operator’s stock valued at $328,000 after buying an additional 50 shares during the period. Renaissance Group LLC boosted its position in Dave & Buster's Entertainment by 0.9% in the 2nd quarter. Renaissance Group LLC now owns 5,811 shares of the restaurant operator’s stock valued at $386,000 after buying an additional 54 shares during the period. JPMorgan Chase & Co. boosted its position in Dave & Buster's Entertainment by 0.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 13,637 shares of the restaurant operator’s stock valued at $907,000 after buying an additional 79 shares during the period. Finally, Pacad Investment Ltd. boosted its position in Dave & Buster's Entertainment by 1.0% in the 2nd quarter. Pacad Investment Ltd. now owns 8,800 shares of the restaurant operator’s stock valued at $585,000 after buying an additional 89 shares during the period.

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About Dave & Buster's Entertainment

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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