The SVP & CMO of Dave & Busters Entertainment is Exercising Options


Today, the SVP & CMO of Dave & Busters Entertainment, John Gleason, exercised options of Dave & Busters Entertainment (NASDAQ: PLAY) for $166.4K.

Following John Gleason’s last PLAY Sell transaction on October 07, 2015, the stock climbed by 14.0%.

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Based on Dave & Busters Entertainment’s latest earnings report for the quarter ending April 30, the company posted quarterly revenue of $332 million and quarterly net profit of $42.15 million. In comparison, last year the company earned revenue of $304 million and had a net profit of $42.8 million. PLAY’s market cap is $2.19B and the company has a P/E ratio of 19.03. Currently, Dave & Busters Entertainment has an average volume of 471.6K.

Based on 7 analyst ratings, the analyst consensus is Strong Buy with an average price target of $59.00, reflecting a -7.2% downside.

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Dave & Buster’s Entertainment, Inc. is an owner and operator of entertainment and dining venues under the name Dave & Buster’s. Its concept is to offer its customers the opportunity to Eat Drink Play all in one location, through a full menu of casual dining food items and a full selection of non-alcoholic and alcoholic beverage items together with an extensive assortment of entertainment attractions, including skill and sports-oriented redemption games, video games, interactive simulators and other traditional games. The company was founded by David O. Corriveau and James W. Corley in 1982 and is headquartered in Dallas, TX.

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