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

Accel Entertainment, Inc. (NYSE:ACEL) Director David Ruttenberg bought 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The stock was bought at an average price of $9.34 per share, with a total value of $93,400.00. Following the transaction, the director directly owned 10,000 shares in the company, valued at $93,400. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Accel Entertainment Stock Down 0.6%

Accel Entertainment stock opened at $11.38 on Thursday. Accel Entertainment, Inc. has a 52 week low of $9.02 and a 52 week high of $13.31. The stock has a market cap of $946.66 million, a price-to-earnings ratio of 18.96 and a beta of 1.05. The company’s 50-day moving average price is $11.34 and its two-hundred day moving average price is $10.96. The company has a current ratio of 2.61, a quick ratio of 2.55 and a debt-to-equity ratio of 2.11.

Accel Entertainment (NYSE:ACEL) last issued its quarterly earnings results on Tuesday, March 3rd. The company reported $0.19 earnings per share for the quarter, topping analysts’ consensus estimates of $0.15 by $0.04. Accel Entertainment had a net margin of 3.87% and a return on equity of 27.49%. The company had revenue of $341.45 million during the quarter, compared to analyst estimates of $335.66 million. On average, analysts expect that Accel Entertainment, Inc. will post 0.8 EPS for the current fiscal year.

Wall Street Analyst Weigh In

ACEL has been the topic of a number of research reports. Truist Financial boosted their price objective on Accel Entertainment from $13.00 to $14.00 and gave the stock a “hold” rating in a research note on Wednesday, March 4th. Citigroup began coverage on Accel Entertainment in a research report on Friday, December 5th. They set an “outperform” rating for the company. Weiss Ratings upgraded Accel Entertainment from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, March 5th. Finally, Citizens Jmp boosted their target price on Accel Entertainment from $13.00 to $14.00 and gave the stock a “market outperform” rating in a research report on Wednesday, March 4th. Five analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $14.75.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in ACEL. Hsbc Holdings PLC lifted its position in shares of Accel Entertainment by 105.6% in the 4th quarter. Hsbc Holdings PLC now owns 118,610 shares of the company’s stock valued at $1,352,000 after acquiring an additional 60,917 shares in the last quarter. Mercer Global Advisors Inc. ADV purchased a new position in Accel Entertainment during the 4th quarter worth approximately $131,000. EP Wealth Advisors LLC purchased a new position in Accel Entertainment during the 4th quarter worth approximately $255,000. Empowered Funds LLC acquired a new stake in Accel Entertainment during the 4th quarter valued at $1,032,000. Finally, XTX Topco Ltd acquired a new stake in Accel Entertainment during the 4th quarter valued at $410,000. 55.39% of the stock is owned by hedge funds and other institutional investors.

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

About Accel Entertainment

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.