David Ruttenberg Sells 10,000 Shares of Accel Entertainment (NYSE:ACEL) Stock

Accel Entertainment, Inc. (NYSE:ACEL) Director David Ruttenberg sold 10,000 shares of the company’s stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $11.53, for a total transaction of $115,300.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Accel Entertainment Stock Performance

Shares of ACEL stock opened at $11.38 on Thursday. The stock’s 50-day moving average is $11.34 and its two-hundred day moving average is $10.96. The company has a debt-to-equity ratio of 2.11, a quick ratio of 2.55 and a current ratio of 2.61. Accel Entertainment, Inc. has a 1 year low of $9.02 and a 1 year high of $13.31. The firm has a market cap of $946.66 million, a price-to-earnings ratio of 18.96 and a beta of 1.05.

Accel Entertainment (NYSE:ACEL) last posted its earnings results on Tuesday, March 3rd. The company reported $0.19 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.04. The business had revenue of $341.45 million during the quarter, compared to the consensus estimate of $335.66 million. Accel Entertainment had a return on equity of 27.49% and a net margin of 3.87%. Analysts predict that Accel Entertainment, Inc. will post 0.8 earnings per share for the current year.

Key Headlines Impacting Accel Entertainment

Here are the key news stories impacting Accel Entertainment this week:

• Positive Sentiment: Northland Securities initiated a buy on ACEL, which can attract buyers and improve market sentiment. Northland Buy
• Positive Sentiment: Zacks included ACEL among “resilient gaming stocks” benefiting from robust online betting demand and improving industry trends, providing a favorable thematic backdrop. Zacks Article
• Positive Sentiment: Recent analyst actions (multiple upgrades/initiations and a consensus “Moderate Buy” with an average target near $14.75) underpin longer-term upside expectations.
• Neutral Sentiment: Director David W. Ruttenberg filed a purchase of 10,000 shares (avg ~$9.34). The stake is relatively small and dated, so it’s supportive but unlikely to move price materially on its own. Ruttenberg SEC Filing
• Neutral Sentiment: Institutional ownership (~55%) and recent institutional trades (HSBC, others) create both underlying demand and potential selling pressure from large holders; this is structural but not an immediate catalyst. Institutional Ownership
• Negative Sentiment: Significant clustered insider selling is the primary negative: Director Gordon Rubenstein sold three large blocks across March 6–10 (60,952; 228,262; 180,671 shares) — ~470k shares total — and director David Ruttenberg sold 10,000 shares on March 10. Those concentrated disposals (~$5M+ combined) likely increased supply and pressured the stock today. InsiderTrades Summary Rubenstein SEC Filing

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. Citizens Jmp increased their price objective on Accel Entertainment from $13.00 to $14.00 and gave the company a “market outperform” rating in a report on Wednesday, March 4th. Citigroup initiated coverage on shares of Accel Entertainment in a report on Friday, December 5th. They issued an “outperform” rating on the stock. Truist Financial upped their price target on shares of Accel Entertainment from $13.00 to $14.00 and gave the company a “hold” rating in a research report on Wednesday, March 4th. Finally, Weiss Ratings upgraded shares of Accel Entertainment from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, March 5th. Five research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $14.75.

Institutional Trading of Accel Entertainment

A number of hedge funds have recently added to or reduced their stakes in the stock. State of Alaska Department of Revenue purchased a new position in shares of Accel Entertainment in the 3rd quarter valued at approximately $49,000. Osaic Holdings Inc. lifted its holdings in shares of Accel Entertainment by 456.2% during the second quarter. Osaic Holdings Inc. now owns 5,618 shares of the company’s stock worth $66,000 after purchasing an additional 4,608 shares during the period. Tower Research Capital LLC TRC lifted its holdings in shares of Accel Entertainment by 195.9% during the second quarter. Tower Research Capital LLC TRC now owns 7,099 shares of the company’s stock worth $84,000 after purchasing an additional 4,700 shares during the period. EntryPoint Capital LLC purchased a new position in Accel Entertainment in the 4th quarter valued at $118,000. Finally, Jacobs Levy Equity Management Inc. purchased a new position in Accel Entertainment in the 1st quarter valued at $110,000. 55.39% of the stock is owned by institutional investors and hedge funds.

Accel Entertainment Company Profile

Accel Entertainment, Inc is a Chicago-based gaming and entertainment company specializing in the provision of regulated electronic gaming terminals and related management services to licensed establishments across the United States. The company’s core offerings include video gaming terminals (VGTs), digital payment solutions, player loyalty programs and compliance support, all designed to enhance customer engagement and operational efficiency for bars, restaurants, truck stops and convenience stores.

Founded in 2005, Accel Entertainment has built a network that spans multiple states, including Illinois, Pennsylvania, Ohio, and Iowa.