Insider Spends US$81k Buying More Shares In Dave & Buster's Entertainment
Whilst it may not be a huge deal, we thought it was good to see that the Dave & Buster's Entertainment, Inc. (NASDAQ:PLAY) Independent Director, Nathaniel Lipman, recently bought US$81k worth of stock, for US$6.78 per share. While that isn't the hugest buy, it actually boosted their shareholding by 252%, which is good to see.
The Last 12 Months Of Insider Transactions At Dave & Buster's Entertainment
Over the last year, we can see that the biggest insider sale was by the insider, Steven Klohn, for US$103k worth of shares, at about US$14.69 per share. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. The good news is that this large sale was at well above current price of US$6.73. So it is hard to draw any strong conclusion from it. The only individual insider seller over the last year was Steven Klohn.
Happily, we note that in the last year insiders paid US$166k for 16.23k shares. But insiders sold 6.99k shares worth US$103k. In total, Dave & Buster's Entertainment insiders bought more than they sold over the last year. The average buy price was around US$10.21. These transactions suggest that insiders have considered the current price attractive. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
View our latest analysis for Dave & Buster's Entertainment
There are always plenty of stocks that insiders are buying. If investing in lesser known companies is your style, you could take a look at this free list of companies. (Hint: insiders have been buying them).
Does Dave & Buster's Entertainment Boast High Insider Ownership?
Many investors like to check how much of a company is owned by insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Insiders own 3.3% of Dave & Buster's Entertainment shares, worth about US$7.5m, according to our data. We do generally prefer see higher levels of insider ownership.
What Might The Insider Transactions At Dave & Buster's Entertainment Tell Us?
It is good to see the recent insider purchase. We also take confidence from the longer term picture of insider transactions. However, we note that the company didn't make a profit over the last twelve months, which makes us cautious. On this analysis the only slight negative we see is the fairly low (overall) insider ownership; their transactions suggest that they are quite positive on Dave & Buster's Entertainment stock. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. To that end, you should learn about the 2 warning signs we've spotted with Dave & Buster's Entertainment (including 1 which is a bit unpleasant).
If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt.
For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.