Accel Entertainment, Inc. (NYSE:ACEL) Director Sells $794,160.36 in Stock

Accel Entertainment, Inc. (NYSE:ACEL) Director Gordon Rubenstein sold 76,069 shares of the firm’s stock in a transaction dated Monday, November 20th. The shares were sold at an average price of $10.44, for a total transaction of $794,160.36. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Gordon Rubenstein also recently made the following trade(s):

• On Thursday, November 16th, Gordon Rubenstein sold 111,415 shares of Accel Entertainment stock. The shares were sold at an average price of $10.59, for a total transaction of $1,179,884.85.

Accel Entertainment Trading Down 0.5 %

NYSE ACEL traded down $0.05 during trading hours on Monday, hitting $10.42. The company’s stock had a trading volume of 569,570 shares, compared to its average volume of 263,343. The stock has a fifty day moving average of $10.57 and a 200 day moving average of $10.54. Accel Entertainment, Inc. has a twelve month low of $7.26 and a twelve month high of $12.05. The firm has a market capitalization of $883.65 million, a P/E ratio of 21.27 and a beta of 1.32. The company has a quick ratio of 2.99, a current ratio of 3.07 and a debt-to-equity ratio of 2.43.

Hedge Funds Weigh In On Accel Entertainment

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Invesco Ltd. lifted its holdings in Accel Entertainment by 974.6% during the 3rd quarter. Invesco Ltd. now owns 974,356 shares of the company’s stock worth $10,669,000 after buying an additional 883,688 shares during the period. Darlington Partners Capital Management LP lifted its stake in Accel Entertainment by 6.6% in the first quarter. Darlington Partners Capital Management LP now owns 8,098,349 shares of the company’s stock valued at $73,776,000 after purchasing an additional 502,171 shares during the last quarter. Prudential Financial Inc. increased its position in shares of Accel Entertainment by 423.3% during the first quarter. Prudential Financial Inc. now owns 361,691 shares of the company’s stock valued at $4,405,000 after buying an additional 292,576 shares during the period. Nuveen Asset Management LLC raised its holdings in shares of Accel Entertainment by 50.3% in the 3rd quarter. Nuveen Asset Management LLC now owns 682,930 shares of the company’s stock valued at $5,334,000 after acquiring an additional 228,585 shares in the last quarter. Finally, Dimensional Fund Advisors LP purchased a new stake in shares of Accel Entertainment in the 2nd quarter valued at about $2,240,000. 68.36% of the stock is owned by institutional investors.

Analyst Ratings Changes

Separately, TheStreet raised shares of Accel Entertainment from a “c+” rating to a “b” rating in a report on Friday, August 4th.

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.