Revenue Update on Dave & Buster's Entertainment(NASDAQ:PLAY)

Dave & Buster's Entertainment(NASDAQ:PLAY) announced the earnings results for Fiscal Year 2016 and Q4. The results came in during After-Market on Mar 28, 2017. Based on the corporate Earnings and Guidance, many Investment Banking firms balance their portfolio to Sell and Buy Stocks based on their strategy of investing in stocks.Earnings per share were $0.63.

In a different note, Maxim Group said it Initiates Coverage On Dave & Buster's Entertainment, according to a research note issued on Mar 20, 2017. In the research note, the firm Announces the price-target to $72 per share. The shares have been rated ‘Buy’ by the firm.

Dave & Buster's Entertainment (PLAY) made into the market gainers list on Fridays trading session with the shares advancing 1.58% or 0.95 points. Due to strong positive momentum, the stock ended at $60.94, which is also near the day’s high of $61.584. The stock began the session at $60.3 and the volume stood at 9,91,515 shares. The 52-week high of the shares is $61.584 and the 52 week low is $36.83. The company has a current market capitalization of $2,563 M and it has 4,20,51,159 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On Mar 16, 2017, John Mulleady (SVP, RE & Dev) sold 2,500 shares at $59.26 per share price.Also, On Mar 10, 2017, Joseph Benjamin Deprospero (Vice President of Finance) sold 2,000 shares at $59.00 per share price.On Feb 1, 2017, Margo Lynn Manning (SVP of Human Resources) sold 9,000 shares at $54.23 per share price, according to the Form-4 filing with the securities and exchange commission.

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