Dave & Buster’s Entertainment Inc. (NASDAQ:PLAY) SVP Margo Lynn Manning sold 4,000 shares of the firm’s stock in a transaction on Monday, October 17th. The stock was sold at an average price of $40.87, for a total value of $163,480.00. Following the completion of the transaction, the senior vice president now directly owns 4,001 shares of the company’s stock, valued at $163,520.87. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Shares of Dave & Buster’s Entertainment Inc. (NASDAQ:PLAY) traded up 1.40% on Tuesday, hitting $40.61. The company’s stock had a trading volume of 158,619 shares. The stock’s 50-day moving average price is $41.53 and its 200-day moving average price is $42.64. The firm has a market cap of $1.71 billion, a price-to-earnings ratio of 21.93 and a beta of 0.62. Dave & Buster’s Entertainment Inc. has a 52 week low of $29.54 and a 52 week high of $49.90.

Dave & Buster’s Entertainment (NASDAQ:PLAY) last issued its quarterly earnings data on Tuesday, September 6th. The company reported $0.50 EPS for the quarter, beating 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 firm had revenue of $244.30 million for the quarter. During the same period in the prior year, the company earned $0.40 earnings per share. The business’s quarterly revenue was up 12.4% compared to the same quarter last year. Equities analysts expect that Dave & Buster’s Entertainment Inc. will post $1.94 earnings per share for the current fiscal year.

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

Hedge funds and other institutional investors have recently modified their holdings of the stock. Paradigm Asset Management Co. LLC raised its position in shares of Dave & Buster’s Entertainment by 6.9% in the second quarter. Paradigm Asset Management Co. LLC now owns 3,100 shares of the company’s stock worth $145,000 after buying an additional 200 shares in the last quarter. Loomis Sayles & Co. L P raised its position in shares of Dave & Buster’s Entertainment by 0.7% in the first quarter. Loomis Sayles & Co. L P now owns 53,777 shares of the company’s stock worth $2,085,000 after buying an additional 359 shares in the last quarter. Teacher Retirement System of Texas raised its position in shares of Dave & Buster’s Entertainment by 14.1% in the second quarter. Teacher Retirement System of Texas now owns 4,340 shares of the company’s stock worth $203,000 after buying an additional 535 shares in the last quarter. Guggenheim Capital LLC raised its position in shares of Dave & Buster’s Entertainment by 13.4% in the second quarter. Guggenheim Capital LLC now owns 5,940 shares of the company’s stock worth $278,000 after buying an additional 702 shares in the last quarter. Finally, Victory Capital Management Inc. raised its position in shares of Dave & Buster’s Entertainment by 31.9% in the second quarter. Victory Capital Management Inc. now owns 3,512 shares of the company’s stock worth $164,000 after buying an additional 849 shares in the last quarter.

Several brokerages recently commented on PLAY. BMO Capital Markets set a $48.00 target price on Dave & Buster’s Entertainment and gave the stock a “buy” rating in a research report on Saturday, October 1st. Canaccord Genuity began coverage on Dave & Buster’s Entertainment in a research report on Monday, August 22nd. They issued a “buy” rating and a $52.00 target price for the company. Wells Fargo & Co. began coverage on Dave & Buster’s Entertainment in a research report on Wednesday, October 12th. They issued an “outperform” rating and a $47.50 target price for the company. Piper Jaffray Cos. reaffirmed an “overweight” rating and issued a $51.00 target price on shares of Dave & Buster’s Entertainment in a research report on Wednesday, September 7th. Finally, Zacks Investment Research cut Dave & Buster’s Entertainment from a “hold” rating to a “sell” rating in a research report on Thursday, September 8th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and six have given a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $47.29.

5 Day Chart for NASDAQ:PLAY

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