15,152 Shares in Accel Entertainment, Inc. (NYSE:ACEL) Bought by Olympiad Research LP

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

A number of other hedge funds have also bought and sold shares of ACEL. Arkadios Wealth Advisors bought a new stake in Accel Entertainment during the third quarter worth $1,953,000. Barclays PLC lifted its holdings in Accel Entertainment by 34.6% during the third quarter. Barclays PLC now owns 224,241 shares of the company’s stock worth $2,606,000 after acquiring an additional 57,666 shares during the period. Connor Clark & Lunn Investment Management Ltd. raised its stake in shares of Accel Entertainment by 20.4% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 185,994 shares of the company’s stock valued at $2,161,000 after buying an additional 31,502 shares during the period. Algert Global LLC raised its stake in shares of Accel Entertainment by 12.3% in the third quarter. Algert Global LLC now owns 177,640 shares of the company’s stock valued at $2,064,000 after buying an additional 19,400 shares during the period. Finally, Hohimer Wealth Management LLC bought a new stake in shares of Accel Entertainment in the third quarter valued at $193,000. 55.39% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Accel Entertainment

In other news, Director David W. Ruttenberg sold 25,000 shares of Accel Entertainment stock in a transaction on Monday, December 16th. The stock was 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 directly owns 360,635 shares in the company, valued at approximately $4,147,302.50. The trade was a 6.48 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Mark T. Phelan sold 9,577 shares of Accel Entertainment stock in a transaction on Tuesday, December 3rd. The shares were sold at an average price of $11.65, for a total value of $111,572.05. Following the completion of the transaction, the insider now owns 189,788 shares of the company’s stock, valued at approximately $2,211,030.20. This trade represents a 4.80 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 94,577 shares of company stock worth $1,090,072 over the last ninety days. 19.17% of the stock is currently owned by company insiders.

Accel Entertainment Stock Performance

Shares of ACEL opened at $12.02 on Monday. The firm has a market cap of $989.32 million, a PE ratio of 23.56 and a beta of 1.46. The stock’s fifty day moving average price is $11.14 and its two-hundred day moving average price is $11.37. The company has a debt-to-equity ratio of 2.54, a current ratio of 2.71 and a quick ratio of 2.63. Accel Entertainment, Inc. has a 1 year low of $9.37 and a 1 year high of $12.96.

About Accel Entertainment

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.