Derek Harmer, Secretary at Accel Entertainment (NYSE:ACEL), executed a substantial insider sell on December 27, according to an SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Wednesday showed that Harmer sold 10,000 shares of Accel Entertainment. The total transaction amounted to $101,800.
The latest market snapshot at Wednesday morning reveals Accel Entertainment shares down by 0.0%, trading at $10.34.
About 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 amounts earned by location partners and is recognized at the time of gaming play.
Accel Entertainment: Delving into Financials
Revenue Growth: Accel Entertainment's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2023, the company achieved a revenue growth ...