From MarketBeat: Insider Selling: Accel Entertainment, Inc. (NYSE:ACEL) Insider Sells 10,000 Shares of Stock
From MarketBeat:
Derek Harmer, Accel Entertainment insider, sells 10,000 shares of ACEL stock at an average price of $10.18 per share. Following the sale, he holds 181,230 shares valued at $1,844,921.40. Accel Entertainment stock traded up 0.8% at $10.35 on Tuesday with a trading volume of 161,687 shares, a 50-day moving average of $10.22 and a 200-day moving average of $10.67. Last announced, earnings for the company surpassed analysts’ expectations with $0.20 EPS, and revenue of $287.50 million. Analysts predict a 0.82 earnings per share for the current fiscal year. Institutional investors have added to or reduced their stakes in the stock, with 68.36% of the stock being owned by institutional investors. Accel Entertainment, Inc. operates as a distributed gaming operator involved in the installation, maintenance, and operation of gaming terminals in non-casino locations. Research from top-rated analysts suggests ACEL is currently rated a “hold” among analysts.
Accel Entertainment insider, Derek Harmer, sold 10,000 shares of stock and maintains 181,230 shares in the company. The stock traded up 0.8% at $10.35 on Tuesday and the company reported $0.20 EPS for the quarter, surpassing analysts’ expectations. Block trading shows that 68.36% of the stock is currently owned by institutional investors. Accel Entertainment, Inc. operates as a distributed gaming operator in the United States. While Accel Entertainment currently has a “hold” rating among analysts, top-rated analysts believe there are five better buys currently.
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