Accenture PLC (NYSE:ACN) insider Richard Lumb sold 2,200 shares of the firm’s stock in a transaction dated Friday, October 20th. The stock was sold at an average price of $138.94, for a total value of $305,668.00. Following the completion of the transaction, the insider now directly owns 117,151 shares in the company, valued at approximately $16,276,959.94. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Richard Lumb also recently made the following trade(s):

  • On Monday, October 2nd, Richard Lumb sold 2,200 shares of Accenture PLC stock. The stock was sold at an average price of $135.06, for a total value of $297,132.00.
  • On Thursday, August 10th, Richard Lumb sold 2,200 shares of Accenture PLC stock. The stock was sold at an average price of $129.26, for a total value of $284,372.00.

Shares of Accenture PLC (NYSE:ACN) traded down 0.11% during midday trading on Monday, hitting $139.33. The company had a trading volume of 1,518,189 shares. Accenture PLC has a 12 month low of $112.31 and a 12 month high of $140.17. The company has a market capitalization of $86.04 billion, a PE ratio of 25.60 and a beta of 1.08. The company has a 50-day moving average of $136.17 and a 200-day moving average of $127.33.

Accenture PLC (NYSE:ACN) last issued its quarterly earnings data on Thursday, September 28th. The information technology services provider reported $1.48 earnings per share for the quarter, topping the consensus estimate of $1.47 by $0.01. The company had revenue of $9.15 billion during the quarter, compared to analyst estimates of $9.01 billion. Accenture PLC had a return on equity of 42.65% and a net margin of 9.37%. The firm’s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same period in the prior year, the business posted $1.31 earnings per share. Analysts predict that Accenture PLC will post $6.56 earnings per share for the current year.

The firm also recently disclosed a Semi-Annual dividend, which will be paid on Wednesday, November 15th. Investors of record on Thursday, October 19th will be given a $1.33 dividend. The ex-dividend date of this dividend is Wednesday, October 18th. This represents a yield of 1.97%. Accenture PLC’s payout ratio is 48.90%.

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Several research firms have recently commented on ACN. Cowen and Company reaffirmed a “buy” rating and issued a $135.00 price objective on shares of Accenture PLC in a research note on Friday, July 28th. Berenberg Bank reissued a “buy” rating and set a $160.00 target price on shares of Accenture PLC in a research note on Thursday, September 21st. Societe Generale downgraded Accenture PLC from a “buy” rating to a “hold” rating and set a $144.00 target price on the stock. in a research note on Thursday, September 28th. Susquehanna Bancshares Inc reissued a “neutral” rating and set a $144.00 target price on shares of Accenture PLC in a research note on Tuesday, October 3rd. Finally, BidaskClub downgraded Accenture PLC from a “strong-buy” rating to a “buy” rating in a research note on Friday, July 28th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $141.84.

A number of institutional investors have recently modified their holdings of ACN. TCI Wealth Advisors Inc. grew its position in Accenture PLC by 23.4% in the second quarter. TCI Wealth Advisors Inc. now owns 854 shares of the information technology services provider’s stock worth $106,000 after acquiring an additional 162 shares during the period. Bellwether Investment Group LLC grew 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 worth $110,000 after acquiring an additional 359 shares during the period. Manchester Capital Management LLC grew its position in Accenture PLC by 7.0% in the second quarter. Manchester Capital Management LLC now owns 920 shares of the information technology services provider’s stock worth $114,000 after acquiring an additional 60 shares during the period. Harbour Capital Advisors LLC purchased a new position in Accenture PLC in the first quarter worth approximately $122,000. Finally, Parkside Financial Bank & Trust grew its position in Accenture PLC by 5.3% in the second quarter. Parkside Financial Bank & Trust now owns 1,030 shares of the information technology services provider’s stock worth $127,000 after acquiring an additional 52 shares during the period. Institutional investors own 77.69% of the company’s stock.

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.

Insider Buying and Selling by Quarter for Accenture PLC (NYSE:ACN)

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