Dave & Buster’s Entertainment Inc (NASDAQ:PLAY – Get Free Report) shares gapped down prior to trading on Friday . The stock had previously closed at $28.84, but opened at $28.22. Dave & Buster’s Entertainment shares last traded at $28.49, with a volume of 95,242 shares trading hands.
Analyst Upgrades and Downgrades
Several research firms have recently weighed in on PLAY. Truist Financial lowered their price objective on shares of Dave & Buster’s Entertainment from $36.00 to $27.00 and set a “hold” rating on the stock in a research note on Thursday, January 16th. BMO Capital Markets dropped their price objective on Dave & Buster’s Entertainment from $51.00 to $47.00 and set an “outperform” rating on the stock in a research note on Wednesday, December 11th. William Blair reiterated a “market perform” rating on shares of Dave & Buster’s Entertainment in a research note on Wednesday, December 11th. Gordon Haskett restated a “hold” rating and issued a $34.00 price target (down previously from $40.00) on shares of Dave & Buster’s Entertainment in a research note on Wednesday, December 11th. Finally, Loop Capital reduced their price objective on shares of Dave & Buster’s Entertainment from $59.00 to $45.00 and set a “buy” rating for the company in a research report on Thursday, December 12th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $51.43.
Get Our Latest Report on Dave & Buster’s Entertainment
Dave & Buster’s Entertainment Trading Down 4.6 %
Insider Activity at Dave & Buster’s Entertainment
In other Dave & Buster’s Entertainment news, CEO Kevin M. Sheehan purchased 19,025 shares of the company’s stock in a transaction dated Thursday, December 19th. The stock was bought at an average cost of $26.44 per share, for a total transaction of $503,021.00. Following the completion of the transaction, the chief executive officer now owns 69,025 shares in the company, valued at approximately $1,825,021. This represents a 38.05 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this link. 1.60% of the stock is currently owned by corporate insiders.
Hedge Funds Weigh In On Dave & Buster’s Entertainment
Hedge funds have recently added to or reduced their stakes in the stock. Kimelman & Baird LLC bought a new stake in shares of Dave & Buster’s Entertainment during the 2nd quarter valued at $28,000. Quarry LP acquired a new position in Dave & Buster’s Entertainment in the third quarter valued at about $47,000. KBC Group NV lifted its position in Dave & Buster’s Entertainment by 81.3% during the fourth quarter. KBC Group NV now owns 1,974 shares of the restaurant operator’s stock worth $58,000 after purchasing an additional 885 shares during the period. Point72 Hong Kong Ltd acquired a new stake in Dave & Buster’s Entertainment during the third quarter worth about $121,000. Finally, Point72 Asia Singapore Pte. Ltd. bought a new position in Dave & Buster’s Entertainment in the 3rd quarter valued at about $144,000. Institutional investors own 91.45% of the company’s stock.
Dave & Buster’s Entertainment Company Profile
Dave & Buster's Entertainment, Inc owns and operates entertainment and dining venues for adults and families. Its venues offer a menu of entrees 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.
Recommended Stories
- Five stocks we like better than Dave & Buster’s Entertainment
- How to Use the MarketBeat Dividend Calculator
- Bloom Energy: Powering the Future With Decentralized Energy
- Where Do I Find 52-Week Highs and Lows?
- Dividend Powerhouses: Blue-Chip Stocks Built for the Long Haul
- What Are Dividend Champions? How to Invest in the Champions
- Why Traders Are Buying the Dip on Johnson & Johnson Stock
Receive News & Ratings for Dave & Buster's Entertainment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dave & Buster's Entertainment and related companies with MarketBeat.com's FREE daily email newsletter.