2 weeks Ago By ABMN Staff
Accel Entertainment, Inc. ( NYSE:ACEL – Get Free Report ) was the target of a large growth in short interest in September. As of September 15th, there was short interest totalling 1,290,000 shares, a growth of 12.
2% from the August 31st total of 1,150,000 shares. Approximately 2.6% of the shares of the stock are sold short.
Based on an average daily trading volume, of 218,000 shares, the days-to-cover ratio is presently 5.9 days. Insider Buying and Selling at Accel Entertainment In other news, CEO Andrew H.
Rubenstein sold 7,437 shares of the firm’s stock in a transaction that occurred on Thursday, September 19th. The stock was sold at an average price of $12.04, for a total value of $89,541.
48. Following the completion of the sale, the chief executive officer now directly owns 4,180,399 shares of the company’s stock, valued at approximately $50,332,003.96.
The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website . In other news, CEO Andrew H. Rubenstein sold 25,681 shares of the firm’s stock in a transaction that occurred on Wednesday, July 31st.
The stock was sold at an average price of $12.22, for a total value of $313,821.82.
Following the completion of the sale, the chief executive officer now directly owns 4,226,509 shares of the company’s stock, valued at approximately $51,647,939.98. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website .
Also, CEO Andrew H. Rubenstein sold 7,437 shares of the firm’s stock in a transaction that occurred on Thursday, September 19th. The stock was sold at an average price of $12.
04, for a total value of $89,541.48. Following the sale, the chief executive officer now directly owns 4,180,399 shares of the company’s stock, valued at $50,332,003.
96. The disclosure for this sale can be found here . Insiders sold 113,198 shares of company stock worth $1,297,845 in the last quarter.
19.17% of the stock is owned by corporate insiders. Institutional Inflows and Outflows A number of institutional investors and hedge funds have recently made changes to their positions in the stock.
Greenvale Capital LLP grew its stake in Accel Entertainment by 7.3% during the 2nd quarter. Greenvale Capital LLP now owns 5,848,302 shares of the company’s stock worth $60,004,000 after buying an additional 398,302 shares during the last quarter.
American Century Companies Inc. lifted its position in Accel Entertainment by 1.1% during the 2nd quarter.
American Century Companies Inc. now owns 3,331,237 shares of the company’s stock worth $34,178,000 after acquiring an additional 36,316 shares during the period. Sei Investments Co.
lifted its position in Accel Entertainment by 2.1% during the 2nd quarter. Sei Investments Co.
now owns 394,385 shares of the company’s stock worth $4,046,000 after acquiring an additional 8,138 shares during the period. Mill Road Capital Management LLC lifted its position in Accel Entertainment by 282.9% during the 4th quarter.
Mill Road Capital Management LLC now owns 300,482 shares of the company’s stock worth $3,086,000 after acquiring an additional 222,005 shares during the period. Finally, Bank of New York Mellon Corp lifted its holdings in shares of Accel Entertainment by 8.0% in the 2nd quarter.
Bank of New York Mellon Corp now owns 240,727 shares of the company’s stock valued at $2,470,000 after buying an additional 17,929 shares during the period. 55.39% of the stock is currently owned by hedge funds and other institutional investors.
Accel Entertainment Stock Up 0.3 % Accel Entertainment ( NYSE:ACEL – Get Free Report ) last issued its earnings results on Tuesday, July 30th. The company reported $0.
22 earnings per share for the quarter, beating analysts’ consensus estimates of $0.19 by $0.03.
Accel Entertainment had a return on equity of 36.19% and a net margin of 4.05%.
The business had revenue of $309.41 million during the quarter, compared to analyst estimates of $302.24 million.
As a group, research analysts forecast that Accel Entertainment will post 0.75 EPS for the current fiscal year. 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. Featured Articles Receive News & Ratings for Accel Entertainment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Accel Entertainment and related companies with MarketBeat.com's FREE daily email newsletter .
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