Dave & Buster's Entertainment, Inc. (PLAY) Director Kevin M. Sheehan Acquires 10,000 Shares

Dave & Buster's Entertainment, Inc. (NASDAQ:PLAY) Director Kevin M. Sheehan purchased 10,000 shares of the business’s stock in a transaction that occurred on Monday, January 8th. The stock was acquired at an average price of $45.58 per share, with a total value of $455,800.00. Following the purchase, the director now owns 60,138 shares in the company, valued at $2,741,090.04. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Shares of Dave & Buster's Entertainment, Inc. (NASDAQ PLAY) opened at $47.00 on Thursday. Dave & Buster's Entertainment, Inc. has a 12-month low of $43.77 and a 12-month high of $73.48. The company has a debt-to-equity ratio of 0.70, a current ratio of 0.38 and a quick ratio of 0.26. The stock has a market capitalization of $1,897.17, a P/E ratio of 18.65, a price-to-earnings-growth ratio of 1.22 and a beta of 0.58.

Dave & Buster's Entertainment (NASDAQ:PLAY) last posted its quarterly earnings data on Thursday, December 7th. The restaurant operator reported $0.29 earnings per share for the quarter, topping analysts’ consensus estimates of $0.23 by $0.06. Dave & Buster's Entertainment had a return on equity of 24.82% and a net margin of 10.20%. The business had revenue of $250.00 million for the quarter, compared to analyst estimates of $255.70 million. During the same quarter in the prior year, the company earned $0.25 earnings per share. The company’s revenue was up 9.3% on a year-over-year basis. equities research analysts expect that Dave & Buster's Entertainment, Inc. will post 2.58 EPS for the current year.

A number of large investors have recently bought and sold shares of PLAY. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in Dave & Buster's Entertainment by 147.6% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,157 shares of the restaurant operator’s stock valued at $143,000 after buying an additional 1,286 shares during the last quarter. Hillsdale Investment Management Inc. purchased a new position in Dave & Buster's Entertainment in the second quarter valued at $153,000. First Republic Investment Management Inc. purchased a new position in Dave & Buster's Entertainment in the third quarter valued at $203,000. Riverhead Capital Management LLC boosted its stake in Dave & Buster's Entertainment by 96.1% in the second quarter. Riverhead Capital Management LLC now owns 3,529 shares of the restaurant operator’s stock valued at $235,000 after acquiring an additional 1,729 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. boosted its stake in Dave & Buster's Entertainment by 9.7% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 3,613 shares of the restaurant operator’s stock valued at $240,000 after acquiring an additional 319 shares in the last quarter.

Several equities research analysts have commented on the company. BidaskClub lowered Dave & Buster's Entertainment from a “hold” rating to a “sell” rating in a research note on Wednesday, January 10th. SunTrust Banks set a $87.00 price objective on Dave & Buster's Entertainment and gave the stock a “buy” rating in a research note on Thursday, January 11th. Maxim Group cut their price objective on Dave & Buster's Entertainment from $97.00 to $83.00 and set a “buy” rating for the company in a research note on Wednesday, January 10th. BMO Capital Markets boosted their target price on Dave & Buster's Entertainment to $60.00 and gave the stock an “outperform” rating in a report on Wednesday, January 10th. Finally, Wells Fargo & Co lowered their target price on Dave & Buster's Entertainment from $71.00 to $66.00 and set an “outperform” rating on the stock in a report on Thursday, November 30th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and ten have assigned a buy rating to the company. Dave & Buster's Entertainment presently has an average rating of “Buy” and a consensus target price of $69.00.

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About Dave & Buster's Entertainment

Dave & Buster’s Entertainment, Inc owns and operates entertainment and dining venues for adults and families in North America. Its venues offer a menu of ‘Fun American New Gourmet’ entrées 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.

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

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