Jane Street Group LLC Decreases Stock Holdings in Accel Entertainment, Inc. (NYSE:ACEL)

Jane Street Group LLC trimmed its position in Accel Entertainment, Inc. (NYSE:ACEL) by 36.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 54,065 shares of the company’s stock after selling 30,487 shares during the quarter. Jane Street Group LLC owned 0.07% of Accel Entertainment worth $628,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in the company. Greenvale Capital LLP increased its stake in shares of Accel Entertainment by 7.3% in the second 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 period. American Century Companies Inc. increased 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 valued at $34,178,000 after purchasing an additional 36,316 shares during the period. Charles Schwab Investment Management Inc. increased its position in Accel Entertainment by 0.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 441,937 shares of the company’s stock valued at $5,135,000 after purchasing an additional 3,151 shares during the period. Sei Investments Co. increased 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 valued at $4,046,000 after purchasing an additional 8,138 shares during the period. Finally, Bank of New York Mellon Corp increased its position in Accel Entertainment by 8.0% during 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 purchasing an additional 17,929 shares during the period. 55.39% of the stock is owned by hedge funds and other institutional investors.

Accel Entertainment Stock Up 0.5 %

Shares of Accel Entertainment stock opened at $10.62 on Friday. 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’s fifty day simple moving average is $11.39 and its two-hundred day simple moving average is $11.14. The company has a market cap of $874.48 million, a P/E ratio of 20.82 and a beta of 1.46. Accel Entertainment, Inc. has a 12-month low of $9.37 and a 12-month high of $12.96.

Insider Buying and Selling at Accel Entertainment

In other news, Director David W. Ruttenberg sold 70,000 shares of the company’s stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $11.73, for a total value of $821,100.00. Following the sale, the director now directly owns 277,455 shares of the company’s stock, valued at $3,254,547.15. This represents a 20.15 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Derek Harmer sold 10,000 shares of the company’s stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $11.70, for a total transaction of $117,000.00. Following the completion of the sale, the insider now directly owns 199,413 shares in the company, valued at $2,333,132.10. This represents a 4.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 164,577 shares of company stock valued at $1,915,672. 19.17% of the stock is currently owned by company insiders.

Accel Entertainment 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.