Accel Entertainment, Inc. (NYSE:ACEL) Insider Derek Harmer Sells 10,000 Shares

Accel Entertainment, Inc. (NYSE:ACEL) insider Derek Harmer sold 10,000 shares of the business’s stock in a transaction on Monday, December 16th. The shares were sold at an average price of $11.70, for a total value of $117,000.00. Following the completion of the sale, the insider now owns 199,413 shares in the company, valued at $2,333,132.10. This represents a 4.78 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Accel Entertainment Stock Down 0.5 %

Accel Entertainment stock traded down $0.05 during mid-day trading on Tuesday, reaching $11.36. 238,703 shares of the company’s stock were exchanged, compared to its average volume of 247,819. The company has a fifty day moving average of $11.56 and a 200-day moving average of $11.10. The company has a market cap of $935.00 million, a P/E ratio of 22.26 and a beta of 1.46. The company has a quick ratio of 2.63, a current ratio of 2.71 and a debt-to-equity ratio of 2.54. Accel Entertainment, Inc. has a twelve month low of $9.37 and a twelve month high of $12.96.

Hedge Funds Weigh In On Accel Entertainment

Large investors have recently bought and sold shares of the business. Principal Financial Group Inc. increased its holdings in shares of Accel Entertainment by 8.2% in the 2nd quarter. Principal Financial Group Inc. now owns 19,938 shares of the company’s stock valued at $205,000 after acquiring an additional 1,519 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in shares of Accel Entertainment by 0.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 441,937 shares of the company’s stock worth $5,135,000 after acquiring an additional 3,151 shares during the period. AdvisorShares Investments LLC boosted its holdings in shares of Accel Entertainment by 13.5% in the second quarter. AdvisorShares Investments LLC now owns 31,326 shares of the company’s stock valued at $311,000 after acquiring an additional 3,720 shares in the last quarter. Quarry LP raised its holdings in Accel Entertainment by 53.5% during the third quarter. Quarry LP now owns 13,265 shares of the company’s stock worth $154,000 after purchasing an additional 4,623 shares in the last quarter. Finally, Point72 Asset Management L.P. acquired a new stake in Accel Entertainment in the third quarter valued at about $64,000. Hedge funds and other institutional investors own 55.39% of the company’s stock.

Accel Entertainment Company Profile

Accel Entertainment, Inc, together with its subsidiaries, operates as a distributed gaming operator in the United States. It is involved in the installation, maintenance, and operation of gaming terminals; redemption devices that disburse winnings and contain automated teller machine (ATM) functionality; and other amusement devices in authorized non-casino locations, such as restaurants, bars, taverns, convenience stores, liquor stores, truck stops, and grocery stores.