Accel Entertainment CEO Mark Phelan sells $300,000 in stock
Accel Entertainment CEO Mark Phelan sold 25,000 shares of the company's Class A-1 Common Stock on November 2, 2026. The transaction, conducted under a Rule 10b5-1 trading plan, amounted to $300,000 at the price of $12 per share. The stock subsequently rose to $13.41, nearing its 52-week high of $14. Phelan now owns 216,464 shares of the company's stock.
InvestingPro Tip indicated the stock had delivered a substantial return of nearly 19% over the past week. Analysts consider the stock to be undervalued and suggest exploring further insights through ProResearch Report. Recently, Accel Entertainment outperformed Wall Street's expectations for Q3 2026, reporting adjusted earnings of $0.22 per share on $363.6 million in revenue, surpassing projected figures of $0.17 per share on $356.8 million in revenue.
This strong financial performance reflects growth in key markets, particularly Chicago, and has generated positive market sentiment.
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