Dave & Buster’s Entertainment, Inc. (PLAY) Files Form 4 Insider Selling : Jay L Tobin Sells 7,500 Shares

Dave & Buster’s Entertainment, Inc. (PLAY): Jay L Tobin , SVP, Gen Counsel & Sec of Dave & Buster’s Entertainment, Inc. sold 7,500 shares on May 9, 2016. The Insider selling transaction was reported by the company on May 11, 2016 to the Securities and Exchange Commission. The shares were sold at $39.87 per share for a total value of $298,716.50 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 19, 2016, Dolf A Berle (Pres. & COO) sold 4,600 shares at $41.75 per share price.On Apr 19, 2016, Brian Jenkins (SVP & CFO) sold 4,500 shares at $41.75 per share price.Also, On Apr 18, 2016, John P Gleason (SVP & CMO) sold 3,500 shares at $41.30 per share price.On Apr 18, 2016, Margo Lynn Manning (SVP of Human Resources) sold 3,553 shares at $42.00 per share price.

Dave & Buster's Entertainment: On Tuesday, May 10, 2016 heightened volatility was witnessed in Dave & Buster's Entertainment which led to swings in the share price. The shares opened for trading at $39.74 and hit $40.55 on the upside , eventually ending the session at $40.24, with a gain of 1.21% or 0.48 points. The heightened volatility saw the trading volume jump to 4,38,975 shares. The 52-week high of the share price is $43.35 and the company has a market cap of $1,677 M . The 52-week low of the share price is at $29.54.

Dave & Buster's Entertainment Money Flow Index Chart

Company has been under the radar of several Street Analysts.Dave & Buster's Entertainment is Reiterated by Stifel to Buy and the brokerage firm has raised the Price Target to $ 50 from a previous price target of $46 .The Rating was issued on Mar 30, 2016.

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