Accel EntertainmentACEL
Market Cap: $924M
About: 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.
Employees: 1,330
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
1,131% more call options, than puts
Call options by funds: $480K | Put options by funds: $39K
5.03% more ownership
Funds ownership: 51.35% [Q1] → 56.38% (+5.03%) [Q2]
10% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 41
4% less capital invested
Capital invested by funds: $507M [Q1] → $486M (-$21.2M) [Q2]
8% less funds holding
Funds holding: 135 [Q1] → 124 (-11) [Q2]
35% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 31
50% less funds holding in top 10
Funds holding in top 10: 2 [Q1] → 1 (-1) [Q2]
Research analyst outlook
We haven’t received any recent analyst ratings for ACEL.