Y Intercept Hong Kong Ltd Lowers Stock Holdings in Accel Entertainment, Inc. (NYSE:ACEL)

Y Intercept Hong Kong Ltd lowered its position in shares of Accel Entertainment, Inc. (NYSE:ACEL) by 60.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,865 shares of the company’s stock after selling 21,008 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Accel Entertainment were worth $161,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Arkadios Wealth Advisors purchased a new position in shares of Accel Entertainment during the 3rd quarter valued at $1,953,000. Greenvale Capital LLP boosted its stake in Accel Entertainment by 7.3% during the second quarter. Greenvale Capital LLP now owns 5,848,302 shares of the company’s stock valued at $60,004,000 after buying an additional 398,302 shares during the period. American Century Companies Inc. boosted its stake in Accel Entertainment by 1.1% during the second quarter. American Century Companies Inc. now owns 3,331,237 shares of the company’s stock valued at $34,178,000 after buying an additional 36,316 shares during the period. SG Americas Securities LLC purchased a new position in Accel Entertainment during the third quarter worth about $341,000. Finally, Creative Planning bought a new position in Accel Entertainment in the 3rd quarter worth about $144,000. Institutional investors own 55.39% of the company’s stock.

Insider Activity at Accel Entertainment

In other Accel Entertainment news, Director David W. Ruttenberg sold 25,000 shares of the firm’s stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of $11.59, for a total transaction of $289,750.00. Following the sale, the director now owns 385,635 shares in the company, valued at $4,469,509.65. This trade represents a 6.09 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Derek Harmer sold 10,000 shares of Accel Entertainment stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $11.70, for a total value of $117,000.00. Following the sale, the insider now directly owns 199,413 shares of the company’s stock, valued at approximately $2,333,132.10. This trade represents a 4.78 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 164,577 shares of company stock valued at $1,915,672 over the last three months. 19.17% of the stock is owned by corporate insiders.

Accel Entertainment Stock Performance

Shares of ACEL opened at $10.73 on Friday. Accel Entertainment, Inc. has a 12-month low of $9.37 and a 12-month high of $12.96. The company has a current ratio of 2.71, a quick ratio of 2.63 and a debt-to-equity ratio of 2.54. The company has a market cap of $883.54 million, a PE ratio of 21.04 and a beta of 1.46. The stock has a 50-day moving average price of $11.54 and a 200-day moving average price of $11.09.

Accel Entertainment Company Profile

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.