PLAY - Dave & Buster's gains after new CEO buy shares

Dave & Buster's Entertainment ( NASDAQ: PLAY ) traded higher on Wednesday after the company disclosed that CEO Christopher Morris bought shares.

Morris snapped up 34,400 shares in a series of trades that ranged in price from $29.71 to $31.09. The exec holds a total of 48,206 shares are the new transactions.

Morris joined Dave & Buster’s on June 29 as CEO and a board member.

Insiders and individuals hold only 2.48% of the total PLAY shares outstanding.

Dave & Buster's ( PLAY ) pushed up 1.85% in late trading to $31.58 vs. the 52-week trading range of $29.60 to $52.54.

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