Accel Entertainment chief compliance officer sells $458k in stock By Investing.com

Derek Harmer, Chief Compliance Officer at Accel Entertainment, Inc. (), sold shares of the company’s Class A-1 Common Stock totaling approximately $458,781 across two transactions in mid-September.

On September 11, 2026, Mr. Harmer disposed of 26,324 shares. These shares were sold at prices ranging from $11.60 to $11.658 per share, with a weighted average price of $11.6262.

Three days later, on September 14, 2026, an additional 13,162 shares were sold. The prices for these transactions ranged from $11.60 to $11.61 per share, with a weighted average price of $11.6041.

Following these transactions, Mr. Harmer directly owns 157,767 shares of Accel Entertainment’s Class A-1 Common Stock.The stock currently trades at $11.55, near the prices at which Mr. Harmer sold his shares. According to InvestingPro analysis, ACEL appears undervalued with a PEG ratio of just 0.25, suggesting the stock is trading at a low price relative to its near-term earnings growth. For investors seeking deeper insights, the company is featured in a comprehensive Pro Research Report, one of 1,400+ available for US equities on the platform.

In other recent news, Accel Entertainment reported record revenue for the second quarter of 2026, with a 10% increase from the previous year, reaching $368.13 million. This figure surpassed analyst estimates of $355.6 million. However, the company’s adjusted earnings per share fell short of expectations, coming in at $0.15 compared to the forecasted $0.20. Citizens has raised its price target for Accel Entertainment to $15.00, citing increased EBITDA estimates for 2026 and 2027. The firm now projects EBITDA of $227 million for 2026 and $237 million for 2027, up from previous estimates. Truist Securities maintained a Hold rating on the company’s stock with a $14.00 price target. In corporate governance news, Accel Entertainment’s CEO, Mark Phelan, has been appointed to the company’s Board of Directors as a 2027 Class director. This appointment increased the board’s size from nine to ten directors.

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