Accel Entertainment, Inc. (NYSE:ACEL - Get Free Report) Director David W. Ruttenberg sold 14,292 shares of the stock in a transaction on Monday, April 15th. The stock was sold at an average price of $11.01, for a total value of $157,354.92. Following the sale, the director now owns 446,914 shares of the company's stock, valued at $4,920,523.14. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Accel Entertainment Price Performance
NYSE ACEL opened at $11.28 on Thursday. Accel Entertainment, Inc. has a fifty-two week low of $8.28 and a fifty-two week high of $12.05. The stock's 50-day moving average is $11.16 and its two-hundred day moving average is $10.57. The company has a debt-to-equity ratio of 2.59, a current ratio of 2.85 and a quick ratio of 2.78. The firm has a market cap of $944.85 million, a P/E ratio of 21.27 and a beta of 1.40.
Accel Entertainment (NYSE:ACEL - Get Free Report) last posted its earnings results on Wednesday, February 28th. The company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.08. Accel Entertainment had a return on equity of 39.62% and a net margin of 3.90%. The company had revenue of $297.07 million for the quarter, compared to analyst estimates of $286.32 million. On average, analysts anticipate that Accel Entertainment, Inc. will post 0.75 earnings per share for the current fiscal year.
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Institutional investors have recently bought and sold shares of the stock. Quarry LP raised its holdings in Accel Entertainment by 54.3% during the fourth quarter. Quarry LP now owns 2,823 shares of the company's stock valued at $29,000 after buying an additional 993 shares in the last quarter. UBS Group AG grew its position in shares of Accel Entertainment by 28,100.0% in the third quarter. UBS Group AG now owns 3,666 shares of the company's stock valued at $29,000 after purchasing an additional 3,653 shares during the last quarter. Tower Research Capital LLC TRC grew its position in shares of Accel Entertainment by 111.9% in the third quarter. Tower Research Capital LLC TRC now owns 3,907 shares of the company's stock valued at $31,000 after purchasing an additional 2,063 shares during the last quarter. Cape Investment Advisory Inc. acquired a new stake in shares of Accel Entertainment in the fourth quarter valued at about $50,000. Finally, Advisor Group Holdings Inc. grew its position in shares of Accel Entertainment by 292.3% in the fourth quarter. Advisor Group Holdings Inc. now owns 10,985 shares of the company's stock valued at $85,000 after purchasing an additional 8,185 shares during the last quarter. 55.39% of the stock is currently owned by institutional investors.
About Accel Entertainment
(
Get Free Report)
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.
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