SCHEDULE: Vanguard Group Discloses 8.81% Stake in Dave & Buster's Entertainment
Beneficial Ownership Report
The Vanguard Group has filed an amended Schedule 13G, reporting a passive beneficial ownership of 8.81% in Dave & Buster's Entertainment Inc.
Summary
- The Vanguard Group, an investment adviser based in Malvern, PA, has filed an Amendment No. 14 to its Schedule 13G.
- The filing reports beneficial ownership of 3,048,011 shares of Common Stock in Dave & Buster's Entertainment Inc.
- This aggregate amount represents 8.81% of the issuer's class of securities.
- Vanguard holds 0 shares with sole voting power and 33,785 shares with shared voting power.
- Vanguard holds 2,981,874 shares with sole dispositive power and 66,137 shares with shared dispositive power.
- The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.
Sentiment
Score: 5
Explanation: The filing is a routine disclosure of beneficial ownership by a large institutional investor and does not inherently convey positive or negative sentiment regarding the issuer's performance or prospects. It is a factual report.
Positives
- NA
Negatives
- NA
Risks
- NA
Future Outlook
This filing is a disclosure of beneficial ownership and does not contain forward-looking statements or guidance regarding the issuer's future performance or outlook.
Industry Context
This filing reflects a significant passive investment by a major institutional asset manager, The Vanguard Group, in a publicly traded entertainment and restaurant company. Such filings are common for large index fund managers and typically indicate a long-term, passive investment strategy rather than an active attempt to influence corporate strategy.
Comparison to Industry Standards
- NA
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional holding, which can offer a degree of stability and confidence due to Vanguard's passive investment approach.
Key Dates
| Date | Description |
|---|---|
| 06/30/2025 | Date of event which requires filing of this statement |
| 07/29/2025 | Signature date of the filing by Ashley Grim, Head of Global Fund Administration for The Vanguard Group |
Keywords
Dave & Buster's Entertainment Inc, Vanguard Group, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, Passive Investment
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