Dave & Buster’s Entertainment, Inc. (NASDAQ:PLAY) SVP J Michael Plunkett sold 3,000 shares of the stock in a transaction that occurred on Wednesday, October 4th. The stock was sold at an average price of $51.20, for a total transaction of $153,600.00. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Shares of Dave & Buster’s Entertainment, Inc. (PLAY) traded down 5.07% during trading on Wednesday, reaching $48.67. 2,712,440 shares of the company traded hands. The stock has a market capitalization of $2.00 billion, a PE ratio of 18.95 and a beta of 0.59. Dave & Buster’s Entertainment, Inc. has a 12-month low of $38.55 and a 12-month high of $73.48. The firm’s 50-day moving average is $55.18 and its 200-day moving average is $62.16.

Dave & Buster’s Entertainment (NASDAQ:PLAY) last released its quarterly 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. Dave & Buster’s Entertainment had a net margin of 10.27% and a return on equity of 24.58%. The business had revenue of $280.80 million during the quarter, compared to analysts’ expectations of $281.69 million. During the same quarter in the previous year, the company earned $0.50 EPS. The business’s quarterly revenue was up 14.9% compared to the same quarter last year. On average, equities analysts predict that Dave & Buster’s Entertainment, Inc. will post $2.69 earnings per share for the current fiscal year.

Dave & Buster’s Entertainment declared that its board has approved a share buyback program on Tuesday, June 6th that authorizes the company to repurchase $100.00 million in shares. This repurchase authorization authorizes 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 board of directors believes its shares are undervalued.

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Several institutional investors have recently made changes to their positions in the company. BlackRock Inc. boosted its stake in shares of Dave & Buster’s Entertainment by 3.2% in the 2nd quarter. BlackRock Inc. now owns 4,571,266 shares of the restaurant operator’s stock valued at $304,033,000 after purchasing an additional 141,356 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of Dave & Buster’s Entertainment by 11.7% in the 1st quarter. Vanguard Group Inc. now owns 3,912,633 shares of the restaurant operator’s stock valued at $239,022,000 after purchasing an additional 411,339 shares in the last quarter. Voya Investment Management LLC boosted its stake in shares of Dave & Buster’s Entertainment by 4.7% in the 2nd quarter. Voya Investment Management LLC now owns 1,048,064 shares of the restaurant operator’s stock valued at $69,707,000 after purchasing an additional 47,031 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Dave & Buster’s Entertainment by 2.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,033,691 shares of the restaurant operator’s stock valued at $68,751,000 after purchasing an additional 22,602 shares in the last quarter. Finally, Victory Capital Management Inc. boosted its stake in shares of Dave & Buster’s Entertainment by 10.5% in the 2nd quarter. Victory Capital Management Inc. now owns 1,005,120 shares of the restaurant operator’s stock valued at $66,851,000 after purchasing an additional 95,338 shares in the last quarter.

PLAY has been the topic of several analyst reports. Canaccord Genuity increased their price target on shares of Dave & Buster’s Entertainment from $70.00 to $77.00 and gave the stock a “buy” rating in a research report on Friday, June 9th. Jefferies Group LLC increased their price objective on shares of Dave & Buster’s Entertainment from $65.00 to $80.00 and gave the company a “buy” rating in a research note on Friday, June 9th. SunTrust Banks, Inc. set a $85.00 price objective on shares of Dave & Buster’s Entertainment and gave the company a “buy” rating in a research note on Wednesday, June 7th. BidaskClub downgraded shares of Dave & Buster’s Entertainment from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 17th. Finally, BMO Capital Markets reissued a “buy” rating and issued a $77.00 price objective (up previously from $64.00) on shares of Dave & Buster’s Entertainment in a research note on Wednesday, June 7th. One research analyst has rated the stock with a sell rating and eleven have issued a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $74.11.

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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