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 firm’s stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $11.70, for a total transaction of $117,000.00. Following the completion of the sale, the insider now owns 199,413 shares of the company’s stock, valued at $2,333,132.10. This trade represents a 4.78 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Accel Entertainment Price Performance

Shares of ACEL stock traded down $0.05 during midday trading on Tuesday, reaching $11.36. 238,703 shares of the company traded hands, compared to its average volume of 247,819. The firm’s 50 day simple moving average is $11.56 and its two-hundred day simple moving average is $11.10. The firm has a market cap of $935.00 million, a PE ratio of 22.26 and a beta of 1.46. The company has a debt-to-equity ratio of 2.54, a current ratio of 2.71 and a quick ratio of 2.63. Accel Entertainment, Inc. has a 1-year low of $9.37 and a 1-year high of $12.96.

Institutional Trading of Accel Entertainment

A number of institutional investors have recently bought and sold shares of ACEL. Greenvale Capital LLP grew its holdings in Accel Entertainment by 7.3% during the 2nd quarter. Greenvale Capital LLP now owns 5,848,302 shares of the company’s stock valued at $60,004,000 after buying an additional 398,302 shares during the last quarter. Arkadios Wealth Advisors acquired a new position in Accel Entertainment in the 3rd quarter valued at about $1,953,000. Barclays PLC lifted its holdings in 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 purchasing an additional 57,666 shares in the last quarter. LSV Asset Management acquired a new stake in shares of Accel Entertainment during the 2nd quarter worth about $405,000. Finally, American Century Companies Inc. grew its holdings in shares of 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 buying an additional 36,316 shares in the last quarter. 55.39% of the stock is currently owned by hedge funds and other institutional investors.

About Accel Entertainment

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.