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 stock in a transaction on 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 approximately $2,333,132.10. This represents a 4.78 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Accel Entertainment Stock Down 0.8 %

Accel Entertainment stock opened at $10.73 on Friday. The company has a debt-to-equity ratio of 2.54, a current ratio of 2.71 and a quick ratio of 2.63. The company’s 50-day moving average is $11.54 and its 200-day moving average is $11.09. The firm has a market capitalization of $883.54 million, a PE ratio of 21.04 and a beta of 1.46. Accel Entertainment, Inc. has a fifty-two week low of $9.37 and a fifty-two week high of $12.96.

Hedge Funds Weigh In On Accel Entertainment

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Hohimer Wealth Management LLC acquired a new stake in shares of Accel Entertainment in the third quarter valued at approximately $193,000. Barclays PLC raised its stake 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 acquiring an additional 57,666 shares during the period. EP Wealth Advisors LLC bought a new stake in Accel Entertainment in the 3rd quarter valued at $146,000. Quarry LP lifted its holdings in Accel Entertainment by 53.5% during the 3rd quarter. Quarry LP now owns 13,265 shares of the company’s stock valued at $154,000 after purchasing an additional 4,623 shares during the last quarter. Finally, Point72 Asset Management L.P. bought a new position in Accel Entertainment during the third quarter worth $64,000. 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.