Dave & Buster’s Entertainment Inc (NASDAQ:PLAY) Shares Sold by Victory Capital Management Inc.

Victory Capital Management Inc. lessened its position in shares of Dave & Buster’s Entertainment Inc (NASDAQ:PLAYFree Report) by 14.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 12,921 shares of the restaurant operator’s stock after selling 2,220 shares during the period. Victory Capital Management Inc.’s holdings in Dave & Buster’s Entertainment were worth $696,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Eminence Capital LP increased its stake in Dave & Buster’s Entertainment by 331.4% in the third quarter. Eminence Capital LP now owns 3,635,435 shares of the restaurant operator’s stock valued at $134,766,000 after purchasing an additional 2,792,780 shares during the last quarter. American Century Companies Inc. boosted its holdings in shares of Dave & Buster’s Entertainment by 7.0% in the 3rd quarter. American Century Companies Inc. now owns 2,022,415 shares of the restaurant operator’s stock valued at $74,971,000 after buying an additional 132,460 shares in the last quarter. UBS Group AG grew its position in shares of Dave & Buster’s Entertainment by 14,863.6% in the 3rd quarter. UBS Group AG now owns 129,435 shares of the restaurant operator’s stock valued at $4,798,000 after buying an additional 128,570 shares during the last quarter. Vanguard Group Inc. raised its stake in Dave & Buster’s Entertainment by 2.7% during the 3rd quarter. Vanguard Group Inc. now owns 4,482,502 shares of the restaurant operator’s stock worth $166,166,000 after acquiring an additional 116,402 shares in the last quarter. Finally, Nomura Holdings Inc. lifted its position in Dave & Buster’s Entertainment by 1.8% in the third quarter. Nomura Holdings Inc. now owns 2,492,571 shares of the restaurant operator’s stock valued at $92,400,000 after acquiring an additional 43,621 shares during the last quarter. 91.45% of the stock is owned by hedge funds and other institutional investors.

Dave & Buster’s Entertainment Stock Performance

NASDAQ:PLAY opened at $48.90 on Thursday. The company has a debt-to-equity ratio of 5.11, a current ratio of 0.32 and a quick ratio of 0.23. The firm has a market cap of $1.97 billion, a price-to-earnings ratio of 17.40 and a beta of 2.08. The firm’s fifty day moving average price is $57.28 and its 200 day moving average price is $53.19. Dave & Buster’s Entertainment Inc has a 1-year low of $31.65 and a 1-year high of $69.82.

Dave & Buster’s Entertainment (NASDAQ:PLAYGet Free Report) last issued its earnings results on Tuesday, April 2nd. The restaurant operator reported $1.03 earnings per share for the quarter, missing the consensus estimate of $1.07 by ($0.04). The firm had revenue of $599.10 million during the quarter, compared to analysts’ expectations of $603.41 million. Dave & Buster’s Entertainment had a net margin of 5.76% and a return on equity of 53.96%. On average, sell-side analysts expect that Dave & Buster’s Entertainment Inc will post 3.89 EPS for the current year.

Insider Buying and Selling at Dave & Buster’s Entertainment

In other news, Director Michael J. Griffith sold 5,203 shares of the stock in a transaction that occurred on Thursday, April 4th. The stock was sold at an average price of $65.57, for a total transaction of $341,160.71. Following the completion of the transaction, the director now directly owns 33,546 shares of the company’s stock, valued at approximately $2,199,611.22. The sale was disclosed in a document filed with the SEC, which is accessible through this link. In other Dave & Buster’s Entertainment news, SVP John Mulleady sold 42,824 shares of the business’s stock in a transaction on Thursday, April 4th. The shares were sold at an average price of $66.58, for a total transaction of $2,851,221.92. Following the sale, the senior vice president now directly owns 57,132 shares in the company, valued at approximately $3,803,848.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Michael J. Griffith sold 5,203 shares of the stock in a transaction dated Thursday, April 4th. The shares were sold at an average price of $65.57, for a total transaction of $341,160.71. Following the completion of the transaction, the director now owns 33,546 shares of the company’s stock, valued at approximately $2,199,611.22. The disclosure for this sale can be found here. 1.60% of the stock is owned by corporate insiders.

Analyst Ratings Changes

PLAY has been the topic of a number of research analyst reports. StockNews.com upgraded Dave & Buster’s Entertainment from a “sell” rating to a “hold” rating in a research report on Wednesday, April 10th. Piper Sandler reiterated a “neutral” rating and issued a $71.00 price objective (up previously from $50.00) on shares of Dave & Buster’s Entertainment in a research note on Thursday, April 4th. BMO Capital Markets raised their target price on shares of Dave & Buster’s Entertainment from $60.00 to $75.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 3rd. UBS Group upped their price target on shares of Dave & Buster’s Entertainment from $60.00 to $66.00 and gave the company a “neutral” rating in a research report on Wednesday, April 3rd. Finally, Raymond James reissued a “market perform” rating on shares of Dave & Buster’s Entertainment in a research report on Monday, March 25th. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Dave & Buster’s Entertainment has an average rating of “Hold” and a consensus price target of $69.21.

Check Out Our Latest Research Report on Dave & Buster’s Entertainment

Dave & Buster’s Entertainment Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Dave & Buster's Entertainment (NASDAQ:PLAY)

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