On October 7, 2024, Christopher Morris, CEO of Dave & Buster's Entertainment Inc (PLAY, Financial), purchased 14,912 shares of the company, as reported in a recent SEC Filing. Following this transaction, the insider now owns a total of 117,917 shares of Dave & Buster's Entertainment Inc.
Dave & Buster's Entertainment Inc operates a chain of entertainment and dining venues. Its stores offer a full menu of "Fun American New Gourmet" entrées and appetizers, a full selection of alcoholic and non-alcoholic beverages, and an extensive assortment of entertainment attractions centered around playing games and watching live sports and other televised events.
The insider transaction history for Dave & Buster's Entertainment Inc shows a pattern of insider activity. Over the past year, there have been 2 insider buys and 5 insider sells. The recent purchase by Christopher Morris aligns with a broader context of insider trading activities at the company.
Shares of Dave & Buster's Entertainment Inc were trading at $33.68 on the day of the transaction. The company has a market cap of approximately $1.26 billion. The price-earnings ratio of the stock is 11.70, which is lower than the industry median of 16.94 and the company’s historical median.
According to the GF Value, the intrinsic value of the stock is estimated at $59.38, suggesting that the current price represents a Possible Value Trap, Think Twice scenario with a price-to-GF-Value ratio of 0.57.
This recent acquisition by the insider could be a signal to investors, considering the stock's valuation metrics and the overall insider buying and selling trends at Dave & Buster's Entertainment Inc.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
