Olympiad Research LP Purchases Shares of 15,152 Accel Entertainment, Inc. (NYSE:ACEL)

Olympiad Research LP purchased a new stake in Accel Entertainment, Inc. (NYSE:ACEL) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 15,152 shares of the company’s stock, valued at approximately $162,000.

A number of other institutional investors have also recently made changes to their positions in ACEL. New York State Teachers Retirement System acquired a new stake in Accel Entertainment during the fourth quarter worth approximately $51,000. Point72 Asset Management L.P. acquired a new stake in Accel Entertainment in the third quarter valued at approximately $64,000. Quantbot Technologies LP acquired a new stake in Accel Entertainment in the third quarter valued at approximately $78,000. R Squared Ltd acquired a new stake in Accel Entertainment in the fourth quarter valued at approximately $91,000. Finally, Creative Planning acquired a new stake in Accel Entertainment in the third quarter valued at approximately $144,000. Institutional investors own 55.39% of the company’s stock.

Accel Entertainment Trading Down 3.6 %

Shares of Accel Entertainment stock opened at $12.02 on Monday. The company has a debt-to-equity ratio of 2.54, a quick ratio of 2.63 and a current ratio of 2.71. Accel Entertainment, Inc. has a 52 week low of $9.37 and a 52 week high of $12.96. The stock has a 50 day moving average price of $11.14 and a two-hundred day moving average price of $11.37. The stock has a market capitalization of $989.32 million, a PE ratio of 23.56 and a beta of 1.46.

Insider Buying and Selling at Accel Entertainment

In related news, insider Mark T. Phelan sold 9,577 shares of Accel Entertainment stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of $11.65, for a total transaction of $111,572.05. Following the transaction, the insider now owns 189,788 shares of the company’s stock, valued at $2,211,030.20. The trade was a 4.80 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director David W. Ruttenberg sold 25,000 shares of Accel Entertainment stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $12.35, for a total value of $308,750.00. Following the transaction, the director now directly owns 335,635 shares in the company, valued at approximately $4,145,092.25. The trade was a 6.93 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 94,577 shares of company stock valued at $1,090,072. Company insiders own 19.17% 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.