Dave & Buster’s Entertainment, Inc. (NASDAQ:PLAY) CFO Brian Jenkins sold 7,500 shares of the company’s stock in a transaction on Thursday, September 7th. The stock was sold at an average price of $50.10, for a total value of $375,750.00. Following the sale, the chief financial officer now owns 1 shares of the company’s stock, valued at approximately $50.10. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

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

  • On Friday, June 30th, Brian Jenkins sold 22,500 shares of Dave & Buster’s Entertainment stock. The stock was sold at an average price of $66.53, for a total value of $1,496,925.00.

Shares of Dave & Buster’s Entertainment, Inc. (NASDAQ PLAY) traded up 4.17% on Friday, reaching $51.66. The company’s stock had a trading volume of 1,476,957 shares. Dave & Buster’s Entertainment, Inc. has a 52-week low of $37.60 and a 52-week high of $73.48. The company has a market cap of $2.14 billion, a price-to-earnings ratio of 21.86 and a beta of 0.65. The stock has a 50-day moving average of $60.60 and a 200 day moving average of $62.86.

Dave & Buster’s Entertainment (NASDAQ:PLAY) last posted its earnings results on Tuesday, September 5th. The restaurant operator reported $0.59 EPS for the quarter, topping the Zacks’ consensus estimate of $0.55 by $0.04. The business had revenue of $280.80 million during the quarter, compared to analyst estimates of $281.69 million. Dave & Buster’s Entertainment had a return on equity of 24.58% and a net margin of 10.27%. The company’s quarterly revenue was up 14.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.50 EPS. On average, equities research analysts forecast that Dave & Buster’s Entertainment, Inc. will post $2.69 earnings per share for the current year.

Dave & Buster’s Entertainment announced that its board has approved a share buyback program on Tuesday, June 6th that allows the company to repurchase $100.00 million in shares. This repurchase authorization allows the restaurant operator to buy up to 3.4% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s management believes its shares are undervalued.

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Several equities research analysts recently issued reports on the company. BMO Capital Markets reiterated an “outperform” rating and set a $70.00 price target (down previously from $72.00) on shares of Dave & Buster’s Entertainment in a report on Wednesday. Maxim Group restated a “buy” rating and issued a $78.00 price objective on shares of Dave & Buster’s Entertainment in a research note on Wednesday. Wells Fargo & Company restated an “outperform” rating and issued a $71.00 price objective (down previously from $78.00) on shares of Dave & Buster’s Entertainment in a research note on Wednesday. Canaccord Genuity restated a “buy” rating and issued a $72.00 price objective (down previously from $75.00) on shares of Dave & Buster’s Entertainment in a research note on Wednesday. Finally, Piper Jaffray Companies restated an “overweight” rating and issued a $69.00 price objective (down previously from $74.00) on shares of Dave & Buster’s Entertainment in a research note on Friday, September 1st. One analyst has rated the stock with a sell rating and eleven have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $74.11.

Several institutional investors have recently bought and sold shares of PLAY. Tower Research Capital LLC TRC increased its holdings in shares of Dave & Buster’s Entertainment by 335.9% in the 1st quarter. Tower Research Capital LLC TRC now owns 1,905 shares of the restaurant operator’s stock worth $116,000 after purchasing an additional 1,468 shares in the last quarter. Tyers Asset Management LLC increased its holdings in shares of Dave & Buster’s Entertainment by 9.2% in the 1st quarter. Tyers Asset Management LLC now owns 1,988 shares of the restaurant operator’s stock worth $122,000 after purchasing an additional 168 shares in the last quarter. Strs Ohio increased its holdings in shares of Dave & Buster’s Entertainment by 76.9% in the 1st quarter. Strs Ohio now owns 2,300 shares of the restaurant operator’s stock worth $140,000 after purchasing an additional 1,000 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Dave & Buster’s Entertainment by 147.6% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,157 shares of the restaurant operator’s stock worth $143,000 after purchasing an additional 1,286 shares in the last quarter. Finally, Flinton Capital Management LLC increased its holdings in shares of Dave & Buster’s Entertainment by 9.2% in the 1st quarter. Flinton Capital Management LLC now owns 2,414 shares of the restaurant operator’s stock worth $148,000 after purchasing an additional 204 shares in the last quarter.

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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