Ellyn Shook Sells 4,400 Shares of Accenture PLC (NYSE:ACN) Stock
Accenture PLC (NYSE:ACN) insider Ellyn Shook sold 4,400 shares of Accenture PLC stock in a transaction dated Wednesday, July 12th. The stock was sold at an average price of $125.00, for a total value of $550,000.00. Following the transaction, the insider now owns 37,344 shares in the company, valued at $4,668,000. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Ellyn Shook also recently made the following trade(s):
- On Wednesday, April 26th, Ellyn Shook sold 2,200 shares of Accenture PLC stock. The stock was sold at an average price of $119.02, for a total value of $261,844.00.
Shares of Accenture PLC (ACN) traded up 0.29% during trading on Thursday, reaching $125.84. The company’s stock had a trading volume of 446,231 shares. The stock’s 50 day moving average price is $124.15 and its 200-day moving average price is $120.60. The firm has a market cap of $77.77 billion, a PE ratio of 22.28 and a beta of 1.11. Accenture PLC has a 12 month low of $108.83 and a 12 month high of $128.47.
Accenture PLC (NYSE:ACN) last posted its earnings results on Thursday, June 22nd. The information technology services provider reported $1.52 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.52. Accenture PLC had a net margin of 9.92% and a return on equity of 43.96%. The firm had revenue of $8.87 billion for the quarter, compared to analysts’ expectations of $8.82 billion. During the same quarter last year, the firm earned $1.41 EPS. The company’s quarterly revenue was up 5.1% compared to the same quarter last year. Equities analysts predict that Accenture PLC will post $5.90 EPS for the current year.
Institutional investors have recently bought and sold shares of the company. Coconut Grove Bank boosted its position in Accenture PLC by 75.7% in the first quarter. Coconut Grove Bank now owns 845 shares of the information technology services provider’s stock valued at $101,000 after buying an additional 364 shares in the last quarter. Farmers & Merchants Investments Inc. boosted its position in Accenture PLC by 1.3% in the first quarter. Farmers & Merchants Investments Inc. now owns 865 shares of the information technology services provider’s stock valued at $104,000 after buying an additional 11 shares in the last quarter. Howe & Rusling Inc. boosted its position in Accenture PLC by 14.2% in the first quarter. Howe & Rusling Inc. now owns 908 shares of the information technology services provider’s stock valued at $109,000 after buying an additional 113 shares in the last quarter. Bellwether Investment Group LLC boosted its position in Accenture PLC by 64.2% in the first quarter. Bellwether Investment Group LLC now owns 918 shares of the information technology services provider’s stock valued at $110,000 after buying an additional 359 shares in the last quarter. Finally, Independent Advisor Alliance purchased a new position in Accenture PLC during the fourth quarter valued at approximately $116,000. 77.35% of the stock is currently owned by hedge funds and other institutional investors.
ACN has been the topic of several recent analyst reports. Goldman Sachs Group, Inc. (The) lowered Accenture PLC from a “neutral” rating to a “sell” rating and set a $110.00 target price on the stock. in a report on Monday, April 3rd. Stifel Nicolaus boosted their price target on Accenture PLC from $128.00 to $138.00 and gave the company a “buy” rating in a report on Tuesday, March 21st. Evercore ISI restated an “outperform” rating on shares of Accenture PLC in a report on Saturday, March 25th. Deutsche Bank AG boosted their price target on Accenture PLC from $127.00 to $133.00 and gave the company a “buy” rating in a report on Friday, March 24th. Finally, BMO Capital Markets boosted their price target on Accenture PLC to $125.00 in a report on Friday, March 24th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $130.98.
Accenture PLC Company Profile
Accenture plc is a professional services company serving clients in various industries and in geographic regions, including North America, Europe and Growth Markets. The Company provides management and technology consulting services. Its segments include Communications, Media and Technology; Financial Services; Health and Public Service; Products, and Resources.
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