Accel Entertainment, Inc. (ACEL)
Accel Entertainment, Inc. is a provider of gaming entertainment, specializing in electronic gaming machines and related services. The company operates gaming centers and offers a range of gaming options, primarily focusing on Class II and Class III gaming machines across various gaming establishments. Accel Entertainment is known for its technology-driven approach to gaming operations and its partnership model with local gaming locations to expand its presence in the industry.
Company News
Zoca, an AI-powered growth platform backed by Accel, has helped over 1,000 local businesses generate $10M+ in revenue and book over 120,000 appointments. The company's AI agents manage the entire growth funnel, from identifying demand to converting leads and retaining clients.
Accel Entertainment secretary Derek Harmer has sold 5,000 shares of the company's stock for $52,500. The transaction was executed under a Rule 10b5-1 trading plan, and Harmer still owns a substantial number of shares, indicating a continued vested interest in the company's performance.
Investors need to pay close attention to Accel Entertainment (ACEL) stock based on the movements in the options market lately.
I curated a list of some high-profile hedge funds and looked into their holdings at the end of June 2022. See the top buys from best money managers during Q2.
Shares of Accel Entertainment Inc (NYSE: ACEL) are up 33% this year, but Macquarie Group says it has reasons to believe the stock is still fairly inexpensive. Jordan Bender raises his price target on ACEL In a note to clients on Friday, Macquarie’s Jordan Bender upgraded Accel Entertainment to “outperform” with a price target of […] The p...