Insider Selling: Accel Entertainment, Inc. (NYSE:ACEL) Insider Sells $117,000.00 in Stock

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

Accel Entertainment Trading Down 0.8 %

NYSE:ACEL opened at $10.73 on Friday. The company has a market cap of $883.54 million, a P/E ratio of 21.04 and a beta of 1.46. Accel Entertainment, Inc. has a twelve month low of $9.37 and a twelve month high of $12.96. The business has a 50 day moving average price of $11.54 and a two-hundred day moving average price of $11.09. The company has a quick ratio of 2.63, a current ratio of 2.71 and a debt-to-equity ratio of 2.54.

Institutional Trading of Accel Entertainment

Institutional investors have recently made changes to their positions in the business. Greenvale Capital LLP grew its position in Accel Entertainment by 7.3% in the second quarter. Greenvale Capital LLP now owns 5,848,302 shares of the company’s stock valued at $60,004,000 after purchasing an additional 398,302 shares in the last quarter. Arkadios Wealth Advisors bought a new position in shares of Accel Entertainment in the 3rd quarter valued at about $1,953,000. Barclays PLC grew its holdings in shares of Accel Entertainment by 34.6% in the 3rd quarter. Barclays PLC now owns 224,241 shares of the company’s stock valued at $2,606,000 after acquiring an additional 57,666 shares in the last quarter. LSV Asset Management acquired a new stake in shares of Accel Entertainment in the second quarter valued at about $405,000. Finally, American Century Companies Inc. raised its holdings in Accel Entertainment by 1.1% during the second quarter. American Century Companies Inc. now owns 3,331,237 shares of the company’s stock worth $34,178,000 after acquiring an additional 36,316 shares in the last quarter. 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.