Insider Sale: SVP Chief Information Officer Steve Klohn Sells 17,512 Shares of Dave & Buster's Entertainment Inc (PLAY)

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On September 12, 2024, Steve Klohn, Senior Vice President Chief Information Officer of Dave & Buster's Entertainment Inc (PLAY, Financial), sold 17,512 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 14,657 shares of Dave & Buster's Entertainment Inc.

Dave & Buster's Entertainment Inc operates a chain of entertainment and dining venues. Each location offers a full-service restaurant and a video arcade. The company combines dining and entertainment under one roof, providing a casual, yet engaging experience.

Over the past year, the insider has sold a total of 17,512 shares and has not made any purchases. The company has seen more insider selling than buying, with 6 insider sells and only 1 insider buy over the last year.

Shares of Dave & Buster's Entertainment Inc were trading at $31.13 on the day of the sale. The company has a market cap of approximately $1.28 billion. The price-earnings ratio of the stock is 11.91, which is below both the industry median of 17.09 and the company's historical median.

According to the GF Value, the intrinsic value of the stock is estimated at $62.54, making the current price-to-GF-Value ratio 0.5. This suggests that the stock might be a possible value trap, and potential investors should think twice before investing based on its GF Value.

The GF Value is calculated considering historical trading multiples like the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates 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.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.