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Dave & Buster’s Entertainment Insiders Make Bullish Bet Worth $3.2M

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Last year, several insiders increased their holdings substantially dave and buster entertainment (Nasdaq: play) stock, indicating a rise in insider optimism about the company’s prospects.

While we would never advise investors to base their decisions solely on the actions of company directors, logic dictates that you should pay attention to whether insiders are buying or selling stock.

Check out our latest analysis for Dave & Buster’s Entertainment

Dave & Buster’s Entertainment Insider Trading Over the Past 12 Months

The largest single purchase by an insider in the past 12 months was CEO and Director Christopher Morris buying $1 million worth of stock at $30.54 apiece. Although the price of this purchase is significantly lower than recent prices ($44.56), we still view insider buying as a positive. Because of its low valuation, that doesn’t tell us if insiders would find today’s price attractive.

Dave and Buster Entertainment insiders may have bought stock in the last year, but they haven’t sold any. Below you can see a visual depiction of insider trading (companies and individuals) over the past 12 months. If you click on the chart you can see all individual trades including share price, individual trade and date!

Nasdaq GS: PLAY Insider Volume for July 2, 2023

There are plenty of other companies that have insiders buying stock.you might do no want to miss this free A list of growth companies that insiders are buying.

Dave & Buster’s Entertainment Insiders Recently Bought Stock

We’ve seen some Dave & Buster’s Entertainment insiders buy shares over the past three months. Antonio Bautista, senior vice president and chief international development officer, bought $17,000 worth of stock during that time. We like situations where there are only buyers and no sellers. In this case, though, the amount recently invested is rather small.

insider ownership

Another way to test the alignment between a company’s leaders and other shareholders is to look at how many shares they own. A higher percentage of insider ownership usually makes the company’s leadership more focused on shareholder interests. Insiders own a 3.2 percent stake in Dave & Buster’s Entertainment, worth about $62 million. While this is a strong but not outstanding level of insider ownership, it is enough to suggest some alignment between management and minority shareholders.

So what does Dave and Buster’s entertainment insider trading suggest?

We’ve noticed some insider buying (but not selling) recently. Net investment is not enough to give us much encouragement. On the plus side, last year’s deals were encouraging. Overall, we don’t see anything that makes us think Dave & Buster’s Entertainment insiders are skeptical of the company, and they do own stock. In addition to being aware of ongoing insider trading, it can be beneficial to identify the risks facing Dave & Buster’s Entertainment.On Simply Wall St we found out that Dave & Buster’s Entertainment has 2 warning signs (1 is somewhat concerning!) Worthy of your attention before further analysis.

If you want to know about another company (one with a potential financial advantage) then don’t miss this one free Interesting list of companies with high returns on equity and low debt.

For the purposes of this article, an insider is an individual who reports their transactions to the relevant regulator. We currently consider open market transactions and private dispositions, but not derivatives transactions.

Valuation is complicated, but we’re helping make it simple.

Find out if Dave & Buster’s Entertainment may be overvalued or undervalued by reviewing our comprehensive analysis, which includes Fair value estimates, risks and caveats, dividends, insider trading and financial health.

View free analysis

This Simply Wall St article is general in nature. We use an unbiased approach only to provide reviews based on historical data and analyst forecasts, and our articles are not intended to provide financial advice. It does not constitute a recommendation to buy or sell any stock and does not take into account your objectives or your financial situation. Our goal is to provide you with long-term focused analysis driven by fundamental data. Note that our analysis may not take into account the latest price-sensitive company announcements or qualitative material. Simply Wall St does not hold a position in any of the aforementioned stocks.

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