Accel Entertainment, Inc. (NYSE:ACEL - Get Free Report) Director David W. Ruttenberg sold 25,000 shares of the company's stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $11.50, for a total value of $287,500.00. Following the completion of the transaction, the director now owns 360,635 shares in the company, valued at approximately $4,147,302.50. The trade was a 6.48 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.
Accel Entertainment Stock Performance
NYSE:ACEL traded down $0.05 on Tuesday, reaching $11.36. 238,703 shares of the company's stock were exchanged, compared to its average volume of 247,819. Accel Entertainment, Inc. has a 52 week low of $9.37 and a 52 week high of $12.96. The firm has a market cap of $935.00 million, a price-to-earnings ratio of 22.37 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. The stock has a fifty day simple moving average of $11.56 and a 200-day simple moving average of $11.09.
Institutional Inflows and Outflows
Large investors have recently added to or reduced their stakes in the stock. Point72 Asset Management L.P. purchased a new position in shares of Accel Entertainment during the 3rd quarter valued at $64,000. Quantbot Technologies LP purchased a new position in Accel Entertainment during the third quarter worth about $78,000. Quarry LP increased its stake in Accel Entertainment by 268.4% in the 2nd quarter. Quarry LP now owns 8,642 shares of the company's stock worth $89,000 after acquiring an additional 6,296 shares during the last quarter. Creative Planning purchased a new stake in shares of Accel Entertainment in the 3rd quarter valued at about $144,000. Finally, EP Wealth Advisors LLC bought a new stake in shares of Accel Entertainment during the 3rd quarter valued at about $146,000. Institutional investors own 55.39% of the company's stock.
Accel Entertainment Company Profile
(
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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