Insider Buying: Michael Griffith Acquires 18,000 Shares of Dave & Buster's Entertainment Inc (PLAY)

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Dec 14, 2024
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On December 13, 2024, Michael Griffith, a Director at Dave & Buster's Entertainment Inc (PLAY, Financial), purchased 18,000 shares of the company. Following this transaction, the insider now owns a total of 54,269 shares. The transaction details can be found in the SEC Filing. Dave & Buster's Entertainment Inc is a leading operator of high-volume entertainment and dining venues. The company offers a unique combination of entertainment and dining experiences, including a wide array of games, food, and beverages. The insider transaction history for Dave & Buster's Entertainment Inc indicates a total of seven insider buys and five insider sells over the past year. This recent purchase by Michael Griffith is part of the insider's trading activity, which includes buying 18,000 shares and selling 5,203 shares over the past year. 1867722861096103936.png On the day of the purchase, shares of Dave & Buster's Entertainment Inc were trading at $27.28, giving the stock a market cap of $1.058 billion. The company's price-earnings ratio stands at 13.67, which is lower than the industry median of 17.78 and also below the company's historical median price-earnings ratio. The GF Value of Dave & Buster's Entertainment Inc is estimated at $59.19, resulting in a price-to-GF-Value ratio of 0.46. This suggests that the stock is considered a "Possible Value Trap, Think Twice" based on its GF Value. 1867722873725153280.png The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also considers a GuruFocus adjustment factor based on the company's past returns and growth, as well as future estimates of business performance from Morningstar analysts.

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.

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