The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Dave & Buster’s Entertainment Inc shares valued at $175,980 were purchased by John Mulleady on Dec 26 ’24. At $29.33 per share, John Mulleady acquired 6,000 shares.
Also, Mulleady John sold 6,000 shares, netting a total of over 175,980 in proceeds. Following the sale of shares at $29.33 each, the insider now holds 51,183 shares.
Before that, SHEEHAN KEVIN M had added 19,025 shares to its account. In a trade valued at $503,107, the Interim CEO bought Dave & Buster’s Entertainment Inc shares for $26.44 each. Upon closing the transaction, the insider’s holdings increased to 19,025 shares, worth approximately $2.03 million.
As published in a research note from William Blair on December 11, 2024, Dave & Buster’s Entertainment Inc [PLAY] has been rated down from an Outperform to a Mkt perform. Analysts at Truist downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in mid December. As of December 11, 2024, Gordon Haskett has decreased its “Buy” rating to a “Hold” for PLAY. Earlier on October 07, 2024, The Benchmark Company initiated its rating. Their recommendation was “a Hold” for PLAY stock.
Analyzing PLAY Stock Performance
During the last five days, there has been a surge of approximately 0.65%. Over the course of the year, Dave & Buster’s Entertainment Inc shares have jumped approximately 0.65%. Shares of the company reached a 52-week high of $32.40 on 01/06/25 and a 52-week low of $28.45 on 01/08/25. A 50-day SMA is recorded $34.37, while a 200-day SMA reached $40.37. Nevertheless, trading volume fell to 1.79 million shares from 1.52 million shares the previous day.
Support And Resistance Levels for Dave & Buster’s Entertainment Inc (PLAY)
According to the 24-hour chart, there is a support level at 28.76, which, if violated, would cause prices to drop to 28.15. In the upper region, resistance lies at 29.69. The next price resistance is at 30.00. RSI (Relative Strength Index) is 43.76 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.89, which suggests the price will decrease in the coming days. Percent R is at 46.53%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
