Kevin M. Sheehan Sells 5,000 Shares of Dave & Buster’s Entertainment Inc (NASDAQ:PLAY) Stock

Dave & Buster’s Entertainment Inc (NASDAQ:PLAY) Director Kevin M. Sheehan sold 5,000 shares of the stock in a transaction on Tuesday, April 6th. The shares were sold at an average price of $45.55, for a total value of $227,750.00. Following the sale, the director now owns 94,218 shares of the company’s stock, valued at approximately $4,291,629.90. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Shares of PLAY stock opened at $44.53 on Thursday. Dave & Buster’s Entertainment Inc has a one year low of $8.43 and a one year high of $51.73. The stock has a market cap of $2.12 billion, a P/E ratio of -15.79 and a beta of 2.07. The company has a debt-to-equity ratio of 2.72, a current ratio of 0.32 and a quick ratio of 0.23. The stock has a fifty day moving average price of $43.70 and a 200 day moving average price of $30.02.

Dave & Buster’s Entertainment (NASDAQ:PLAY) last announced its quarterly earnings data on Tuesday, March 30th. The restaurant operator reported ($1.19) EPS for the quarter, beating the Zacks’ consensus estimate of ($1.25) by $0.06. Dave & Buster’s Entertainment had a negative return on equity of 60.06% and a negative net margin of 18.78%. Equities research analysts anticipate that Dave & Buster’s Entertainment Inc will post -4.96 EPS for the current year.

Several equities research analysts have recently commented on the company. BMO Capital Markets upped their target price on Dave & Buster’s Entertainment from $37.00 to $54.00 and gave the company an “outperform” rating in a report on Thursday, April 1st. Truist Financial lifted their target price on shares of Dave & Buster’s Entertainment from $29.00 to $42.00 in a research report on Thursday, April 1st. Deutsche Bank Aktiengesellschaft upped their price target on shares of Dave & Buster’s Entertainment from $41.00 to $57.00 and gave the company a “buy” rating in a research report on Monday. Piper Sandler boosted their target price on shares of Dave & Buster’s Entertainment from $33.00 to $49.00 and gave the company a “neutral” rating in a research note on Thursday, April 1st. Finally, Loop Capital raised their target price on Dave & Buster’s Entertainment from $35.00 to $50.00 and gave the stock a “hold” rating in a research report on Monday. Six analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $36.77.

A number of large investors have recently made changes to their positions in PLAY. First Trust Advisors LP lifted its position in Dave & Buster’s Entertainment by 76.1% during the 1st quarter. First Trust Advisors LP now owns 28,731 shares of the restaurant operator’s stock valued at $1,433,000 after purchasing an additional 12,420 shares during the period. Raymond James & Associates bought a new stake in shares of Dave & Buster’s Entertainment during the 3rd quarter valued at $270,000. LPL Financial LLC lifted its stake in shares of Dave & Buster’s Entertainment by 10.1% in the 3rd quarter. LPL Financial LLC now owns 16,159 shares of the restaurant operator’s stock valued at $245,000 after purchasing an additional 1,477 shares during the period. State Street Corp boosted its position in shares of Dave & Buster’s Entertainment by 2.6% in the 3rd quarter. State Street Corp now owns 1,363,534 shares of the restaurant operator’s stock worth $20,671,000 after purchasing an additional 34,493 shares during the last quarter. Finally, Great West Life Assurance Co. Can grew its stake in shares of Dave & Buster’s Entertainment by 110.9% during the third quarter. Great West Life Assurance Co. Can now owns 118,607 shares of the restaurant operator’s stock worth $367,000 after purchasing an additional 62,359 shares during the period. 97.87% of the stock is owned by hedge funds and other institutional investors.

Dave & Buster’s Entertainment Company Profile

Dave & Buster's Entertainment, Inc owns and operates entertainment and dining venues for adults and families. Its venues offer a menu of entrees 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.

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

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