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Insider Trends: Insider Sale Scales Back 90-Day Buy Trend at Dave & Buster's Entertainment

05/11/2021 12:57

04:44 PM EDT, 05/11/2021 (MT Newswires) -- Robert William Edmund, SVP, General Counsel, executed a sale of 6,942 shares in Dave & Buster's Entertainment (PLAY) on May 10, 2021, for $300,314. Edmund, following the transactions designated in the Form 4 SEC filing, has 33,567 shares of the company, with a market value, based on the prior-day closing price, of $1.43 million.

In the 90 days previous to the date of this filing, there have been 45 insider transactions reported to the SEC for Dave & Buster's Entertainment. These transactions came from the activities of 19 different insiders that resulted in a net acquisition of 143,414 company shares. In the preceding 90-day window of time, there was 1 transaction from 1 insider that resulted in the disposition of 4,000 shares.

This is below the average for insider transactions in the 40-company Restaurants & Bars peer group over the last 90-day period. Peer group activity averaged 94.4 transactions per company, and disposition of 2,551 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1525769/000120919121031702/xslF345X03/doc4.xml

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.