Dave & Buster’s Entertainment Inc’s filing revealed that its Officer Steve Klohn acquired Company’s shares for reported $0.44 million on Sep 12 ’24. In the deal valued at $31.10 per share,14,287 shares were bought.
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Then, Klohn Steve sold 17,512 shares, generating $545,207 in total proceeds. Upon selling the shares at $31.13, the SVP Chief Information Officer now owns 14,657 shares.
Before that, Klohn Steve bought 3,225 shares. Dave & Buster’s Entertainment Inc shares valued at $100,913 were divested by the Officer at a price of $31.29 per share.
Piper Sandler downgraded its Dave & Buster’s Entertainment Inc [PLAY] rating to a Neutral from a an Overweight in a research note published on April 04, 2024; the price target was increased to $71 from $50. A number of analysts have revised their coverage, including Raymond James’s analysts, who decreased its forecast for the stock in late March from “an Outperform” to “a Mkt perform”. Raymond James also remained covering PLAY and has decreased its forecast on September 07, 2023 with a “an Outperform” recommendation from previously “Strong buy” rating. Piper Sandler started covering the stock on July 18, 2023. It rated PLAY as “an Overweight”.
Price Performance Review of PLAY
On Friday, Dave & Buster’s Entertainment Inc [NASDAQ:PLAY] saw its stock jump 6.98% to $35.88. Over the last five days, the stock has gained 6.75%. Dave & Buster’s Entertainment Inc shares have fallen nearly -33.37% since the year began. Nevertheless, the stocks have risen 0.20% over the past one year. While a 52-week high of $69.82 was reached on 04/03/24, a 52-week low of $29.31 was recorded on 09/11/24. SMA at 50 days reached $32.58, while 200 days put it at $47.57.
Levels Of Support And Resistance For PLAY Stock
The 24-hour chart illustrates a support level at 34.53, which if violated will result in even more drops to 33.18. On the upside, there is a resistance level at 36.76. A further resistance level may holdings at 37.64. The Relative Strength Index (RSI) on the 14-day chart is 66.01, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.07, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 8.69%. Stochastics %K at 69.79% indicates the stock is a holding.
How much short interest is there in Dave & Buster’s Entertainment Inc?
A steep rise in short interest was recorded in Dave & Buster’s Entertainment Inc stocks on 2024-09-13, growing by 2.82 million shares to a total of 6.49 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-15 was 3.67 million shares. There was a rise of 43.46%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on May 08, 2023 when UBS began covering the stock and recommended ‘”a Neutral”‘ rating along with a $38 price target.