Dave & Buster’s Entertainment Inc. (NASDAQ:PLAY) COO Dolf A. Berle sold 3,750 shares of Dave & Buster’s Entertainment stock in a transaction on Thursday, November 10th. The stock was sold at an average price of $45.01, for a total transaction of $168,787.50. Following the transaction, the chief operating officer now directly owns 3,751 shares in the company, valued at $168,832.51. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Shares of Dave & Buster’s Entertainment Inc. (NASDAQ:PLAY) opened at 45.16 on Tuesday. The firm’s 50-day moving average is $40.66 and its 200 day moving average is $42.86. Dave & Buster’s Entertainment Inc. has a 12 month low of $29.54 and a 12 month high of $49.90. The company has a market capitalization of $1.90 billion, a PE ratio of 24.38 and a beta of 0.58.

Dave & Buster’s Entertainment (NASDAQ:PLAY) last posted its quarterly earnings results on Tuesday, September 6th. The company reported $0.50 EPS for the quarter, topping analysts’ consensus estimates of $0.44 by $0.06. The business earned $244.30 million during the quarter. Dave & Buster’s Entertainment had a net margin of 8.59% and a return on equity of 22.08%. The company’s revenue for the quarter was up 12.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.40 earnings per share. Equities research analysts predict 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)

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its position in Dave & Buster’s Entertainment by 15.9% in the second quarter. Vanguard Group Inc. now owns 2,612,608 shares of the company’s stock worth $122,245,000 after buying an additional 358,042 shares during the period. Lord Abbett & CO. LLC raised its position in Dave & Buster’s Entertainment by 4,529.6% in the second quarter. Lord Abbett & CO. LLC now owns 1,652,015 shares of the company’s stock worth $77,298,000 after buying an additional 1,616,331 shares during the period. Fiera Capital Corp acquired a new position in Dave & Buster’s Entertainment during the second quarter worth $48,549,000. BlackRock Fund Advisors raised its position in Dave & Buster’s Entertainment by 6.8% in the third quarter. BlackRock Fund Advisors now owns 961,968 shares of the company’s stock worth $37,690,000 after buying an additional 60,934 shares during the period. Finally, BlackRock Institutional Trust Company N.A. raised its position in Dave & Buster’s Entertainment by 12.3% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 901,256 shares of the company’s stock worth $35,311,000 after buying an additional 98,795 shares during the period.

A number of brokerages have recently weighed in on PLAY. BMO Capital Markets set a $48.00 price target on shares of Dave & Buster’s Entertainment and gave the stock a “buy” rating in a research report on Saturday, October 1st. Stifel Nicolaus cut shares of Dave & Buster’s Entertainment from a “buy” rating to a “hold” rating and reduced their price target for the stock from $50.00 to $45.00 in a research report on Tuesday, July 26th. Piper Jaffray Cos. reissued an “overweight” rating and set a $51.00 price target on shares of Dave & Buster’s Entertainment in a research report on Wednesday, September 7th. Canaccord Genuity reissued a “buy” rating and set a $52.00 price target on shares of Dave & Buster’s Entertainment in a research report on Thursday, September 8th. Finally, TheStreet raised shares of Dave & Buster’s Entertainment from a “hold” rating to a “buy” rating in a research report on Monday, October 10th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the stock. Dave & Buster’s Entertainment has a consensus rating of “Buy” and an average target price of $47.29.

5 Day Chart for NASDAQ:PLAY

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