Dave & Buster’s Entertainment, Inc. (NASDAQ:PLAY) CFO Brian Jenkins sold 22,500 shares of the business’s stock in a transaction on Friday, June 30th. The stock was sold at an average price of $66.53, for a total value of $1,496,925.00. Following the sale, the chief financial officer now owns 1 shares of the company’s stock, valued at approximately $66.53. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Dave & Buster’s Entertainment, Inc. (NASDAQ PLAY) traded up 0.12% during trading on Friday, reaching $66.25. The company’s stock had a trading volume of 338,662 shares. Dave & Buster’s Entertainment, Inc. has a one year low of $37.60 and a one year high of $73.48. The company has a 50-day moving average of $67.58 and a 200 day moving average of $60.69. The firm has a market cap of $2.75 billion, a PE ratio of 28.07 and a beta of 0.69.

Dave & Buster’s Entertainment (NASDAQ:PLAY) last released its quarterly earnings data on Thursday, June 8th. The restaurant operator reported $0.98 EPS for the quarter, beating the consensus estimate of $0.81 by $0.17. The business had revenue of $304.15 million for the quarter, compared to the consensus estimate of $299.77 million. Dave & Buster’s Entertainment had a net margin of 9.78% and a return on equity of 22.71%. The business’s revenue for the quarter was up 16.1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.72 EPS. Analysts expect that Dave & Buster’s Entertainment, Inc. will post $2.61 EPS for the current fiscal year.

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Several hedge funds have recently added to or reduced their stakes in the stock. Macquarie Group Ltd. increased its stake in shares of Dave & Buster’s Entertainment by 21.1% in the fourth quarter. Macquarie Group Ltd. now owns 107,571 shares of the restaurant operator’s stock worth $6,056,000 after buying an additional 18,716 shares during the period. Teachers Advisors LLC boosted its stake in shares of Dave & Buster’s Entertainment by 4.0% in the fourth quarter. Teachers Advisors LLC now owns 297,261 shares of the restaurant operator’s stock worth $16,736,000 after buying an additional 11,373 shares during the period. Norges Bank purchased a new stake in Dave & Buster’s Entertainment during the fourth quarter valued at about $9,653,000. Thrivent Financial for Lutherans purchased a new stake in Dave & Buster’s Entertainment during the fourth quarter valued at about $1,135,000. Finally, Teachers Retirement System of The State of Kentucky purchased a new stake in Dave & Buster’s Entertainment during the fourth quarter valued at about $828,000.

Several research analysts have recently weighed in on PLAY shares. Zacks Investment Research cut Dave & Buster’s Entertainment from a “buy” rating to a “hold” rating in a research report on Thursday, March 23rd. Maxim Group reiterated a “buy” rating and set a $72.00 target price on shares of Dave & Buster’s Entertainment in a research note on Friday, June 2nd. Piper Jaffray Companies increased their price target on Dave & Buster’s Entertainment from $63.00 to $68.00 and gave the stock an “overweight” rating in a research report on Friday, March 24th. Wells Fargo & Company reaffirmed an “outperform” rating and issued a $75.00 target price on shares of Dave & Buster’s Entertainment in a report on Tuesday, May 30th. Finally, Jefferies Group LLC reissued a “buy” rating and set a $65.00 price objective on shares of Dave & Buster’s Entertainment in a report on Wednesday, March 29th. One research analyst has rated the stock with a hold rating and eleven have given a buy rating to the company. Dave & Buster’s Entertainment presently has a consensus rating of “Buy” and a consensus target price of $73.78.

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

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