ACEL - Director At Accel Entertainment Sells $330K Of Stock | Benzinga
Making a noteworthy insider sell on March 4, Karl Peterson, Director at Accel Entertainment (NYSE:ACEL), is reported in the latest SEC filing.
What Happened: Peterson's decision to sell 30,000 shares of Accel Entertainment was revealed in a Form 4 filing with the U.S. Securities and Exchange Commission on Monday. The total value of the sale is $330,000.
The latest update on Monday morning shows Accel Entertainment shares down by 0.0%, trading at $11.49.
Unveiling the Story Behind Accel Entertainment
Accel Entertainment Inc is a distributed gaming operator in the United States. It is engaged in the installation, maintenance, and operation of video gaming terminals. The company offers products to restaurants, bars, taverns, convenience stores, liquor stores, truck stops, and grocery stores. It operates slot machines and amusement equipment. The company generates a majority of its revenue from net gaming. Net gaming revenue represents net cash received from gaming activities, which is the difference between gaming wins and losses. Net gaming revenue includes the amount earned by location partners and is recognized at the time of gaming play.
Financial Insights: Accel Entertainment
Revenue Growth: Over the 3 months period, Accel Entertainment showcased positive performance, achieving a revenue growth ...