5 Stocks Insiders are Buying Now

3. Dave & Buster’s Entertainment, Inc. (NASDAQ:PLAY)

Number of Hedge Fund Holders: 28

Dave & Buster’s Entertainment, Inc. (NASDAQ:PLAY) is a popular American restaurant and entertainment chain based in Dallas, Texas. At the close of the third quarter of 2022, 28 hedge funds were long Dave & Buster’s Entertainment, Inc. (NASDAQ:PLAY) and held positions worth $453.3 million in the company. Of those, Hill Path Capital was the top shareholder in the company and held a position worth $155.7 million.

On December 8, Loop Capital analyst Alton Stump reiterated his $59 price target and a Buy rating on Dave & Buster’s Entertainment, Inc. (NASDAQ:PLAY).

On December 12, Dave & Buster’s Entertainment, Inc. (NASDAQ:PLAY) disclosed in a regulatory filing that major shareholder Hill Path Capital purchased 287,961 common shares of the company at $34.66 each. The transaction was valued at $9.97 million. Dave & Buster’s Entertainment, Inc. (NASDAQ:PLAY) is among the stocks that insiders are buying right now.

Follow Dave & Buster's Entertainment Inc. (NASDAQ:PLAY)