Dave & Buster’s Entertainment (NASDAQ:PLAY) SVP Steve Klohn Sells 6,989 Shares

Dave & Buster’s Entertainment, Inc. (NASDAQ:PLAY) SVP Steve Klohn sold 6,989 shares of the business’s stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of $14.69, for a total value of $102,668.41. Following the sale, the senior vice president directly owned 38,547 shares in the company, valued at $566,255.43. The trade was a 15.35% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Dave & Buster’s Entertainment Price Performance

Shares of Dave & Buster’s Entertainment stock opened at $14.28 on Friday. The stock has a market cap of $496.09 million, a price-to-earnings ratio of -9.99 and a beta of 1.83. The company has a debt-to-equity ratio of 16.61, a quick ratio of 0.19 and a current ratio of 0.29. The stock has a 50 day moving average price of $13.78 and a 200-day moving average price of $16.09. Dave & Buster’s Entertainment, Inc. has a one year low of $9.61 and a one year high of $35.53.

Dave & Buster’s Entertainment (NASDAQ:PLAY) last issued its quarterly earnings results on Tuesday, March 31st. The restaurant operator reported ($0.35) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.74). Dave & Buster’s Entertainment had a negative return on equity of 7.93% and a negative net margin of 2.32%.The company had revenue of $529.60 million during the quarter, compared to the consensus estimate of $556.56 million. During the same quarter in the prior year, the business earned $0.69 earnings per share. The firm’s quarterly revenue was down .9% compared to the same quarter last year. Equities analysts expect that Dave & Buster’s Entertainment, Inc. will post 2.52 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Advisory Services Network LLC bought a new stake in Dave & Buster’s Entertainment during the 3rd quarter valued at $27,000. Caitong International Asset Management Co. Ltd grew its position in shares of Dave & Buster’s Entertainment by 616.6% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,942 shares of the restaurant operator’s stock worth $31,000 after buying an additional 1,671 shares in the last quarter. Leonteq Securities AG purchased a new position in shares of Dave & Buster’s Entertainment during the fourth quarter valued at $42,000. Quadrant Capital Group LLC bought a new stake in shares of Dave & Buster’s Entertainment in the third quarter valued at about $104,000. Finally, AlphaQuest LLC raised its holdings in shares of Dave & Buster’s Entertainment by 415.9% in the third quarter. AlphaQuest LLC now owns 8,094 shares of the restaurant operator’s stock valued at $147,000 after acquiring an additional 6,525 shares in the last quarter. 91.45% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

PLAY has been the topic of several analyst reports. Weiss Ratings reiterated a “sell (d)” rating on shares of Dave & Buster’s Entertainment in a report on Wednesday, January 21st. Zacks Research downgraded shares of Dave & Buster’s Entertainment from a “hold” rating to a “strong sell” rating in a research note on Thursday, April 2nd. UBS Group dropped their target price on Dave & Buster’s Entertainment from $20.00 to $19.00 and set a “neutral” rating for the company in a research report on Tuesday, January 6th. Benchmark upgraded Dave & Buster’s Entertainment from a “hold” rating to a “buy” rating and set a $30.00 price target on the stock in a report on Friday, January 16th. Finally, Wall Street Zen cut Dave & Buster’s Entertainment from a “hold” rating to a “strong sell” rating in a report on Monday, April 6th. Three research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Dave & Buster’s Entertainment presently has a consensus rating of “Hold” and a consensus price target of $21.83.

More Dave & Buster’s Entertainment News

Here are the key news stories impacting Dave & Buster’s Entertainment this week:

• Positive Sentiment: Senior management still retains a meaningful stake — after the April 17 sale the SVP owns 38,547 shares valued at roughly $566k, which may reassure some investors that insiders retain exposure. SEC Filing
• Neutral Sentiment: Trading volume is elevated versus average (about 2.9M vs ~1.39M), indicating larger investor activity that can amplify moves in either direction; this may reflect short‑term trading rather than a fundamental shift. MarketBeat PLAY Page
• Negative Sentiment: Insider sale: SVP Steve Klohn sold 6,989 shares at an average $14.69 on April 17, a 15.35% reduction in his holdings — insider selling can be interpreted negatively by the market. SEC Filing
• Negative Sentiment: Zacks Research issued a string of downward EPS revisions across FY2027–FY2029 (Q1–Q4 and full‑year cuts) and maintains a “Strong Sell” rating — these analyst reductions materially worsen near‑term earnings expectations and are likely weighing on sentiment. Bear of the Day: Dave & Buster’s (PLAY)
• Negative Sentiment: Third‑party earnings forecasts/coverage: recent coverage (including FY2029 commentary) highlights lowered outlooks and continued analyst skepticism, adding pressure to the stock’s valuation and investor confidence. FY2029 Forecast Article

About Dave & Buster’s Entertainment

Dave & Buster’s Entertainment, Inc operates a chain of combined restaurant and entertainment venues designed to appeal to families, young adults and corporate groups. Each location features a full-service restaurant and bar alongside an arcade gaming area with ticket-based redemption, virtual reality experiences and skill-based games. Many venues also include multiple large-screen televisions and a sports bar atmosphere, catering to fans who wish to watch live sporting events in a social setting.

The company was founded in 1982 by David Corriveau and James “Buster” Corley, opening its first location in Dallas, Texas.