Accel Entertainment (ACEL) COO Mark Phelan Sells $325K of Stock
ACEL's COO, Mark Phelan, executed a planned sale of 25,000 shares worth $325,000.
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Mark Phelan, COO, President, U.S. Gaming at Accel Entertainment, Inc. ($ACEL), sold 25,000 shares at an average price of $13, worth about $325,000, on June 15, 2026. The trade was reported to the SEC in a Form 4 filing and was made under a pre-arranged Rule 10b5-1 trading plan.
Since the trade, $ACEL is down 2.6% after 1 week, down 6.2% after 1 month and down 17.1% to date (from the $13.13 close on Jun 15, 2026).
ACEL
Accel Entertainment, Inc.
Key Points
- Mark Phelan, ACEL's COO, sold 25,000 shares at $13 each on June 15, 2026, in a planned transaction.
- ACEL's stock was trading near $12.81 at the time of the sale, reflecting ongoing insider activity.
- Analysts from Macquarie and Citizens maintain a 'buy' rating with targets of $16 and $14 respectively.
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Mark Phelan, Chief Operating Officer and President of U.S. Gaming at ACEL, sold 25,000 shares of the company on June 15, 2026. The shares were sold at an average price of $13, totaling $325,000. This transaction was part of a pre-planned sale under Rule 10b5-1.
Insider Buying and Selling at Accel Entertainment, Inc.
On the same day, Derek Harmer, ACEL's Chief Compliance Officer, also sold 20,000 shares at the same price as part of a planned transaction. Earlier in June, ACEL's CEO and President, Andrew Rubenstein, sold 1,500 shares on June 10, while buying 78,930 shares on June 5. Christen Kozlik, the Chief Accounting Officer, purchased 16,851 shares on June 5, and Derek Harmer bought 42,085 shares on the same day.
Other Institutional Activity in ACEL
Darlington Partners Capital Management held steady with 8,098,349 shares valued at about $88.4 million. Greenvale Capital LLP trimmed its stake by 199,855 shares, leaving it with 5,859,552 shares worth roughly $63.9 million. BlackRock, Inc. reduced its holdings by 166,888 shares, ending with 4,142,904 shares valued at approximately $45.2 million. Meanwhile, American Century Companies Inc increased its position by 300,643 shares, holding 1,328,226 shares worth about $14.5 million.
Accel Entertainment, Inc. Stock Up 13.7%
Shares of ACEL were trading near $12.81. The company's stock has been experiencing some fluctuations, with its 52-week range and moving averages reflecting current market conditions. As the company engages in planned insider transactions, investors may keep a close eye on these developments.
Analysts Set New Price Targets
On May 19, 2026, Macquarie maintained its 'buy' rating on ACEL with a price target of $16. Citizens also maintained a 'buy' rating with a $14 target, while Truist Securities held a 'hold' rating with a $14 target. The overall consensus among analysts is a 'buy', with an average target price reflecting optimism about the company's future prospects.
Bottom Line
Insider transactions at ACEL, including the recent sales by Mark Phelan and Derek Harmer, are part of planned moves under Rule 10b5-1. These actions provide insights into executive strategies and confidence levels. Investors often track such insider activities for potential signals, though these filings are backward-looking and may not represent current positions.
Related Filing Alerts
Source: Mark Phelan's Form 4 filing on $ACEL (Jun 15, 2026). Find the original filing: ACEL Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts