Dave & Buster's Entertainment, Inc. (NASDAQ:PLAY) SVP J Michael Plunkett sold 2,000 shares of Dave & Buster's Entertainment stock in a transaction that occurred on Monday, December 11th. The shares were sold at an average price of $55.02, for a total transaction of $110,040.00. Following the completion of the transaction, the senior vice president now owns 2,001 shares of the company’s stock, valued at approximately $110,095.02. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

J Michael Plunkett also recently made the following trade(s):

  • On Wednesday, October 4th, J Michael Plunkett sold 3,000 shares of Dave & Buster's Entertainment stock. The shares were sold at an average price of $51.20, for a total transaction of $153,600.00.

Dave & Buster's Entertainment, Inc. (PLAY) traded up $0.22 during mid-day trading on Monday, reaching $55.18. 1,811,400 shares of the company traded hands, compared to its average volume of 868,605. The company has a quick ratio of 0.26, a current ratio of 0.38 and a debt-to-equity ratio of 0.70. Dave & Buster's Entertainment, Inc. has a 1 year low of $45.71 and a 1 year high of $73.48. The company has a market cap of $2,245.51, a PE ratio of 22.07, a PEG ratio of 1.41 and a beta of 0.58.

Dave & Buster's Entertainment (NASDAQ:PLAY) last posted its quarterly earnings data on Thursday, December 7th. The restaurant operator reported $0.29 earnings per share for the quarter, topping the 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 firm had revenue of $250.00 million during the quarter, compared to analysts’ expectations of $255.70 million. During the same quarter in the previous year, the company posted $0.25 EPS. Dave & Buster's Entertainment’s revenue was up 9.3% on a year-over-year basis. equities research analysts anticipate 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 approved a share repurchase program on Friday, September 8th that allows the company to buyback $100.00 million in shares. This buyback authorization allows the restaurant operator to reacquire up to 4.7% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board believes its shares are undervalued.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Mik Capital LLC acquired a new stake in Dave & Buster's Entertainment during the 2nd quarter worth $43,824,000. Quantbot Technologies LP acquired a new stake in Dave & Buster's Entertainment during the 3rd quarter worth $1,578,000. First Quadrant L P CA acquired a new stake in Dave & Buster's Entertainment during the 3rd quarter worth $644,000. Dynamic Technology Lab Private Ltd acquired a new stake in Dave & Buster's Entertainment during the 2nd quarter worth $531,000. Finally, Wells Fargo & Company MN grew its holdings in Dave & Buster's Entertainment by 6.5% during the 2nd quarter. Wells Fargo & Company MN now owns 1,001,832 shares of the restaurant operator’s stock worth $66,632,000 after acquiring an additional 61,034 shares during the period.

A number of research firms have recently issued reports on PLAY. Canaccord Genuity reiterated 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. SunTrust Banks dropped their price objective on shares of Dave & Buster's Entertainment to $80.00 and set a “buy” rating for the company in a research report on Wednesday, December 6th. Raymond James Financial set a $63.00 price objective on shares of Dave & Buster's Entertainment and gave the stock a “buy” rating in a research report on Wednesday, December 6th. BMO Capital Markets dropped their price objective on shares of Dave & Buster's Entertainment to $68.00 and set an “outperform” rating for the company in a research report on Wednesday, December 6th. Finally, Maxim Group boosted their price objective on shares of Dave & Buster's Entertainment from $78.00 to $84.00 and gave the stock a “buy” rating in a research report on Wednesday, December 6th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and ten have issued a buy rating to the stock. Dave & Buster's Entertainment presently has a consensus rating of “Buy” and a consensus target price 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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