Dave & Buster’s Entertainment Inc. (NASDAQ:PLAY) SVP Jay L. Tobin sold 7,500 shares of the firm’s stock in a transaction dated Monday, October 10th. The shares were sold at an average price of $39.92, for a total value of $299,400.00. Following the completion of the transaction, the senior vice president now owns 109,571 shares in the company, valued at approximately $4,374,074.32. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of Dave & Buster’s Entertainment Inc. (NASDAQ:PLAY) opened at 39.57 on Wednesday. The stock’s 50 day moving average price is $42.01 and its 200-day moving average price is $42.59. Dave & Buster’s Entertainment Inc. has a 52-week low of $29.54 and a 52-week high of $49.90. The firm has a market cap of $1.66 billion, a price-to-earnings ratio of 21.37 and a beta of 0.61.

Dave & Buster’s Entertainment (NASDAQ:PLAY) last issued its earnings results on Tuesday, September 6th. The company reported $0.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.44 by $0.06. Dave & Buster’s Entertainment had a return on equity of 22.08% and a net margin of 8.59%. The business earned $244.30 million during the quarter. During the same period in the previous year, the company earned $0.40 EPS. Dave & Buster’s Entertainment’s revenue for the quarter was up 12.4% on a year-over-year basis. On average, analysts forecast that Dave & Buster’s Entertainment Inc. will post $1.94 EPS for the current year.

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

A number of institutional investors have recently modified their holdings of PLAY. RS Investment Management Co. LLC boosted its position in shares of Dave & Buster’s Entertainment by 3.3% in the second quarter. RS Investment Management Co. LLC now owns 599,832 shares of the company’s stock worth $28,066,000 after buying an additional 19,220 shares during the last quarter. Sanders Morris Harris Inc. purchased a new position in shares of Dave & Buster’s Entertainment during the second quarter worth about $281,000. Quantbot Technologies LP purchased a new position in shares of Dave & Buster’s Entertainment during the second quarter worth about $784,000. Hancock Holding Co. boosted its position in shares of Dave & Buster’s Entertainment by 0.8% in the first quarter. Hancock Holding Co. now owns 241,400 shares of the company’s stock worth $9,361,000 after buying an additional 1,840 shares during the last quarter. Finally, William Blair Investment Management LLC purchased a new position in shares of Dave & Buster’s Entertainment during the second quarter worth about $12,127,000.

A number of equities analysts have issued reports on the company. BMO Capital Markets set a $48.00 target price on Dave & Buster’s Entertainment and gave the stock a “buy” rating in a report on Saturday, October 1st. Canaccord Genuity assumed coverage on Dave & Buster’s Entertainment in a report on Monday, August 22nd. They set a “buy” rating and a $52.00 target price on the stock. Piper Jaffray Cos. restated an “overweight” rating and set a $51.00 target price on shares of Dave & Buster’s Entertainment in a report on Wednesday, September 7th. Zacks Investment Research cut Dave & Buster’s Entertainment from a “hold” rating to a “sell” rating in a report on Thursday, September 8th. Finally, TheStreet upgraded Dave & Buster’s Entertainment from a “hold” rating to a “buy” rating in a report on Monday. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and five have issued a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $47.27.

5 Day Chart for NASDAQ:PLAY

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